Answer:
overall effect for the first year will be an increase of 94 millions in the cash flow.
Explanation:
The chip will provide:
27 million x $ (14 - 10) each = 104 millions of gross profit
But, decreases gross profit from older chip at rate of:
2 million x $ (11 - 6) each = 10 millions per year
The Chip will generate 104 gross profit but reduce other chip division profit by 10 million
<u>overall effect for the first year will be of 94 millions postive</u>
Answer:
How will these two transactions affect the control and subsidiary accounts?
Explanation:
the control, account.
Accounts Receivable, will be increased with debit of $7,700
Answer:
ZERO as the operations for Pascoreli continues. Lucha Libre considers Pascoreli Clothing a non.current asset held for sale which is a diferent accounting topic.
Explanation:
Lucha Libre did not stop the operations neither plans to stop them It wants to sale the division not to shut down therefore their result will impact net income directly rather than being discounued operations.
Answer:
Technological advances such as computers, crock pots, and bread makers have increased household's efficiency in producing many goods.
Explanation:
With the advances in technology, almost every process has become less time-consuming and more convenient. Most people go for one one-time solution for getting the job done. For example, a lot of households have invested in specialized machinery such as bread makers, juicers, etc so they don't have to outsource simplest of things. Moreover, this is less costly as getting things done from elsewhere involves taxes.
