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Marizza181 [45]
3 years ago
5

A manufacturer purchased $14500 worth of equipment with a useful life of twelve (12) years. Assuming 8% interest, the equivalent

uniform annual cost of the equipment is ______________.
Business
1 answer:
Tom [10]3 years ago
8 0

Given Information:

P = $14,500

r = 8 %

Period = 12 years

Required Information:

Equivalent annual cost = ?

Answer:

Equivalent annual cost = $1,924

Explanation:

The equivalent annual cost EAC is often used to compare assets which have unequal useful life spans in order to make more cost effective decisions.

The equivalent annual cost can be found by using the following equation:

Equivalent annual cost = Present value*r / 1 - (1 + r)⁻ⁿ

Equivalent annual cost = 14,500*0.08/1 - (1+0.08)⁻¹²

Equivalent annual cost = $1,924

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Baxter Company reported a net loss of $13,000 for the year ended December 31. During the year, accounts receivable decreased by
stepan [7]

Answer:

a. used net cash of $2,000

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net loss -$13,000

Adjustment made:

Add : Depreciation expense $4,000

Add: Decrease in accounts receivable $5,000

Less: Increase in inventory -$8,000

Add: Increase in accounts payable $10,000

Total of Adjustments $11,000

Net Cash flow from Operating activities                   -$2,000

6 0
2 years ago
A manager wishes to improve the job performance of a group of clerical workers. based on herzberg's theory, ________ would be an
Licemer1 [7]

Answer and Explanation:

From the given case/scenario we can state that the manager would choose offering the employees opportunity for the achievement and also recognition . Two factor theory which is also referred to as the Herzberg's hygiene-motivation theory and the dual factor theory, under this there are few certain factors in a workplace which tends to cause the job satisfaction while on the other hand the separate set of another factors tends to cause dissatisfaction, these factors act independently.

4 0
2 years ago
Since world war ii, the federal government's share of total government expenditures has been between?
Anton [14]

The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Since the end of the Korean War in the early 1950s, the federal government's purchases of goods and services as a percentage of GDP have been falling.

Automatic increases and decreases in government expenditure and taxation that follow the economic cycle. The majority of government spending in the United States took place at the state and municipal levels up to the Great Depression of the 1930s.

The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Federal Expenditures and Purchases as a Percentage of GDP, 1950–2008.

To learn more about  federal government, click here

brainly.com/question/371257

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5 0
1 year ago
Drake enters into a contract with Eve, who claims to have access to a stock-trading algorithm that will multiply an investment m
nexus9112 [7]

Answer:

The answer is: be able to recover damages

Explanation:

In order for a Drake (the plaintiff) to be able to recover damages he must prove that he suffered an injury (economic injury in this case) by Eve's false claims.

Eve promised to multiply Drake's money and instead Drake lost money. The proof of injury would be the money lost by trading with Eve's false algorithm.

4 0
3 years ago
Skolits Corp. issued 10-year bonds 2 years ago at a coupon rate of 8.7 percent. The bonds make semiannual payments. If these bon
kykrilka [37]

Answer:

7.36%

Explanation:

Nper = (10-2)*2 = 16

Pmt = 1000*8.7%/2 = 43.5

Pv = -108%*1000 = -1080

Fv = 1000

YTM = Rate(Nper, pmt, -Pv, Fv)*2

YTM = Rate(16, 43.5, -1080, 1000)*2

YTM = 0.036795696 * 2

YTM = 0.073591392

YTM = 7.3591392%

YTM = 7.36%

6 0
2 years ago
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