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2 years ago

When a utility bill is paid with cash, cash is decreased and utilities expense is __________?

1 answer:

4 0

I believe the answer Increased.
Utility bill is considered as an expense that could be deducted from profit for taxation purpose. (all expense are recorded in debet when increased)
Because we pay the bill with cash, there would be a cash outflow from our reserve toward the utility provider, hence resulting in decreasing cash.

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A 9-year annuity of 18 $10,400 semiannual payments will begin 11 years from now, with the first payment coming 11.5 years from n

hichkok12 [17]

The value of the annuity in 9 years is $204,112.77

The value of the annuity in 7 years is $174,993.80

The present value is $102,107.20

An annuity can be described as a cash flow at regular periods. Here, this annuity provides cash flows semi-annually.

The present value of the annuity has to be determined first.

Present value is the value of an annuity at time zero. It is calculated by discounting cash flows with the discount rate.

Present value would be determined with the aid of a Present Value of an Ordinary Annuity Table. Please find attached an image of the table.

Annuity information

payments = $10,400
years of payments = 9
Number of payments = 18
Start date = year 11.5
End date = year 20

How to use the table : the present value of annuity factor is found at where 20 (end date of the annuity) and 8% (discount rate) meet. This is 9.818

Present value = the present value of annuity factor x semi-annual payment

$10,400 x 9.818 = $102,107.20

Value of the annuity in 9 years = $102,107.20 x (1.08)^9 = $204,112.77

Value of the annuity in 7 years = $102,107.20 x (1.08)^7 = $174,993.80

A similar question was solved here: brainly.com/question/13405140?referrer=searchResults

5 0

2 years ago

In a make-or-buy decision, a. the company must choose between expanding or dropping a product line. b. the company must choose b

Travka [436]

Answer:

Correct option is (c)

Explanation:

Make-or-buy decision is a form of strategy to analyse if a product must be manufactured internally or sourced from outside suppliers.

Cost and benefits related to the product being produced internally or outsourced is studied and compared before arriving at a decision. If cost of producing and storing goods are less as compared to the cost incurred in outsourcing, then decision to make will be taken and vice-versa.

So, make-or-buy decision involves considering relevance of purchase price of goods sourced externally.

6 0

3 years ago

The process of formalizing acceptance of the completed project deliverables is also known as _______________

vlada-n [284]

The process of formalizing acceptance of the completed project deliverables is also known as Validate Scope.
Hope this helps!

7 0

3 years ago

Crane Company can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Unit Muff

Makovka662 [10]

The question is reproduced in the table below for clarity

Oven Contribution

Hours Required Margin Per Unit

Muffins 0.2 $4

Coffee Cakes 0.3 $5

Answer:

Total contribution margin = $ 60,000.00

Explanation:

When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in such a way that it maximizes the contribution per unit of the scare resource.

Therefore Crane Company should alocate the oven hours to maximise the contribution per unit of oven hour. This is done as follows:

Step 1

Calculate he contribution per oven hour and rank the product

cont/hr ranking

Muffin $4/0.2 hour = 20 1st

Coffee cakes $5/0.3 hour= 16.67 2nd

Because Muffin generates the highest contribution per hour of Oven, Crane should allocate all the resource to it

Step 2

Calculate the Total contribution from the production of Muffin

Total contribution margin = 20 per her × 3000

= $ 60,000.00

8 0

3 years ago

Read 2 more answers

Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i

OlgaM077 [116]

Answer:

$60

Explanation:

The computation of price is shown below:-

Producer Surplus = Price paid by consumers - Production cost

$100 = Price - ($15 + $25 + $40)

$100 = Price - $80

Price for all = $100 + $80

= $180

Price Per consumer = Price for all ÷ First three lawns

= $180 ÷ 3

= $60

Therefore, for computing the price per consumer we simply divide first three lawn by price for all.

6 0

3 years ago