1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna11 [10]
3 years ago
10

Brunette Company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $180,000. Th

e present value of the future cash flows generated by the project is $163,000. Should they invest in this project?
Business
1 answer:
diamong [38]3 years ago
6 0

Answer:

No,  as the net present value comes in negative

Explanation:

As we know that

Net present value = Present value of cash inflows - Initial investment

where,

Present value os $163,000

And, the initial investment is $180,000

Now placing these values to the above formula

So, the net present value is

= $163,000 - $180,000

= -$17,000

Therefore the company should not accept the project as net present value is in negative that is -$17,000

You might be interested in
1. A computer game that can be purchased online and played right away has good ___ utility. A) form. B) info. C) value. D) time
gizmo_the_mogwai [7]
1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D. 

2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor. 
6 0
3 years ago
If your superior tells you that they will offer you a raise if you perform additional work beyond the requirements of your job,
Basile [38]

Answer:

Legitimate power.

Explanation:

Legitimate power is the type of one that is exercised by someone in a position of authority in the workplace.

The leader gives instructions based on his official office or title in the organisation.

I'm the given scenario where your superior tells you that they will offer you a raise if you perform additional work beyond the requirements of your job, he is stating conditions got a pay raise based on his position as your supervisor

7 0
3 years ago
Read 2 more answers
A company reports the following information for June: Sales revenue $ 104,000 Income tax expense $ 11,000 Operating expenses 22,
Elodia [21]

Answer:

Gross profit    $39,000

Explanation:

X company

Income statement ( parochial)

For the year ended, June 30 20YY

Sales revenue                                                       $104,000

Less: cost of goods sold                                       $65,000

Gross profit                                                            $39,000

In that case, we do not use Income tax expense, Operating expenses, Deferred revenues, Non-operating revenues because those will be needed when we will calculate the net income.

5 0
3 years ago
Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real estate property on Eagle Creek
Neporo4naja [7]

Yes , Judy and Kristy have an enforceable binding contract

Explanation:

Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.  

Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.

The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.

4 0
3 years ago
For Year 2, Etzkorn Corporation's sales were $1,480,000, its gross margin was $580,000, its net operating income was $63,714, it
mixer [17]

Answer:

Return on equity = Net income/Shareholders' equity x 100

                            = $29,600/$829,000 x 100

                            = 3.57%

The company's return on equity is closest to 3.67%

Explanation:

Return on equity is the ratio of net income to shareholders' equity. The net income = $29,600 and shareholders' equity = $829,000. The division of net income by shareholders' equity gives return on equity.

6 0
3 years ago
Other questions:
  • The most recent data from the annual balance sheets of N&B Equipment Company and Jing Foodstuffs Corporation are as follows:
    11·1 answer
  • Helter Industries, a company that produces a line of women's bathing suits, hires temporaries to help produce its summer product
    7·1 answer
  • "A customer holds 10 ABC Jan 60 Call contracts. ABC Corporation is paying a 20% stock dividend. On the ex date, the contracts wi
    12·1 answer
  • ABC Corporation was organized on Jan 1, 2020. The firm was authorized to issue 100,000 shares of $1 par common stock. During 202
    15·1 answer
  • Contribution margin is always the same as gross profit margin. is calculated by subtracting total manufacturing costs per unit f
    12·1 answer
  • There are 72,922 seats in Lambeau Field where the Green Bay Packers play football. The Packers have sold out their season ticket
    11·1 answer
  • Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Select two answe
    7·2 answers
  • Sales and Production Budgets Ultimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following
    13·1 answer
  • An existing electrical power line needs to have its capacity increased, and this can be done in either of two ways. The first me
    10·1 answer
  • Which of the following statement is false? Group of answer choices Financing activities include the obtaining of cash from issui
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!