Answer:
$182,083
Explanation:
The computation of the total assets by considering the total assets turnover is shown below:
Total assets turnover = Sales ÷ total assets
2.4 = $415,000 ÷ total assets
So, the total assets equal to
= $415,000 ÷ 2.4
= $172,917
So, the assets is reduced by
= Year-end total assets - calculated assets
= $355,000 - $172,917
= $182,083
Answer:
1. On the statement of cash flow record the sale of the asset under the investment section.
2. -$16,000
Explanation:
In Cash flow Statements every asset purchases and sales are viewed as investments, so you record asset sales in the investment section of the cash flow.
Therefore the exact value of the sales is recorded.
Answer and Explanation:
E.lowest equivalent annual cost
Answer:
Management
Explanation:
Management can be regarded as process that encompass planning, decision making as well as organizing and leading in order to Control human resources, information resources as well as financial resources of organization in order to achieve the goals set by the organization. it should be noted that management consists of the interlocking functions of ceating corporate policy and organizing,planning,controlling and directing an oragunzation’s resources in order to achieve the objectives of that policy, which is Peter Drucker point of view about management.
:
Both Joe and Rich should accept this project.
D) Both Joe and Rich
<u>Explanation:</u>
NPVJoe= $25,500 + $15,800 / 1.085 + $15,300 / 1.085^2
NPVJoe= $2,058.88
NPVRich= –$25,500 + $15,800 / 1.125 + $15,300 / 1.125^2
NPVRich= $633.33
Here Joe and Rich both invested a total amount of $25,500 and they are expected to get cash inflows of $15,800 and $15,300 in the year 1 and year 2 respectively they both has their own different rates of return i.e. 8.5% and 12.5% so we can calculate the net principle value of Joe is $2,058.88 and that of Rich is $633.33.
