Answer:
Sales for March, 164 * 15 = $2,460
Explanation:
According to the accrual system, the purchases and sales are recorded when they occur. When compared to the cash basis, they are only recorded when actual cash is received or paid for them.
For March the transaction of 164 units has occurred and thus this sale will be recorded.
Sales for March, 164 * 15 = $2,460
This is the revenue recorded for March under accruals, for cash this would have been 0.
Hope that helps.
Answer:
3%
Explanation:
Increase in money supply ($ billion) = Increase in reserves / Reserve ratio
Increase in money supply ($ billion) = 150 / 0.1
Increase in money supply ($ billion) = 1,500
Increase in price level = (Increase in money supply / 100) * 0.2
Increase in price level = (1,500/100) * 0.2
Increase in price level = 3%
Answer:
$261.42
Explanation:
economic order quantity (EOQ) = √(2SD/H)
S = cost per order = $31
D = annual demand = 776 x 12 = 9,312
H = holding cost = $9 x 36% = $3.24
EOQ = √[(2 x $31 x 9,312) / $3.24] = √178,192.59 = 422.13 ≈ 422
total ordering and holding costs considering EOQ:
ordering costs = (9,312 / 422) x $31 = $684.06
holding costs = $3.24 x (422/2) = $683.64
total = $1,367.70
current costs:
ordering costs = $31 x 12 = $372
holding costs = $3.24 x (776/2) = $1,257.12
total = $1,629.12
annual savings = $1,629.12 - $1,367.70 = $261.42
I would say that having special voting rights would allow the individuals who start a business the ability to control the direction of the business and ensure it performs according to his/her expectations and succeeds in selling its products or services correctly so as to make a profit.
Answer:
option (B) $10,500
Explanation:
Data provided in the question:
Cost = $30,000
Useful life = 5 years
Salvage value = 0
Tax rate = 35%
Expected net cash inflow before depreciation and taxes = $20,000 per year
Now,
The total tax shield created by depreciation over the life of project
= Tax rate × ( Amount of depreciation over the life of project )
= 35% × ( Cost - Salvage value )
= 0.35 × ( $30,000 - 0 )
= $10,500
Hence,
The answer is option (B) $10,500
