Answer:
The differential revenue for this decision is $95000
Explanation:
Differential Revenue: In differential revenue it shows a difference between two projects revenues. Irrespective of whatever information is given in the question.
It is computed to check that how much increment or decrements is done as compare to previous year, or between projects.
So,
Differential revenue = Alternative B Projected Revenue - Alternative A Projected Revenue
= $310,000 - $215,000
= $95,000
Hence, the differential revenue for this decision is $95000
Probably a hospital bill or groceries
2 days while your there because you can't have it for 3 days because you'll be short on cash, and for 1 day you would have extra cash for one more day to park.
Answer:
The correct answer is letter "A": voidable.
Explanation:
Voidable contracts are those that cannot be enforced because one or the two parties involved are not legally eligible to go on in such an agreement. Reasons to void a contract include but are not limited to failure to disclose material facts, legal incapacity to enter a contract or inconsistent contractual terms.
Thus, <em>Bob's contract to purchase a car is voidable since he is legally incapable of signing agreements due to his age (17 years old).</em>
Answer:
d. 1.38
Explanation:
The computation of potential investment's profitability index is shown below:-
As we know that
Profitability index (PI) = PV of future cash flows ÷ Initial investment
Now
NPV = Present value of future cash flows - initial investment
$36,224 = Present value of future cash flows - $95,000
Present value of future cash flows = $36,224 + $95,000
= $131,224
So,
Profitability index = Present value of future cash flows ÷ Initial investment
= $131,224 ÷ $95,000
= 1.38
Therefore we have applied the above formula.