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Oksi-84 [34.3K]
3 years ago
5

Equipment that cost $875,000 and had a book value of $390,000 was sold for $450,000. Data from the comparative balance sheets ar

e: 12/31/18 12/31/17 Equipment $5,400,000 $4,875,000 Accumulated Depreciation 1,650,000 1,425,000 Equipment purchased during 2018 was:
a. $1,400,000.


b. $825,000.


c. $525,000.


d. $915,000.

Business
1 answer:
Archy [21]3 years ago
4 0

Answer:

a. $1,400,000.

Explanation:

Find the attachment

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Compute the payback statistic for Project A if the appropriate cost of capital is 9 percent and the maximum allowable payback pe
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Answer:

Simple Payback period is 2.52 years.

Discounted Payback period is 2.97 years

Explanation:

Payback period is the number of years that a project takes to recover the project's initial investment.

Simple Payback

Project A                                                                                          

Time:                0            1            2            3             4              5

Cash flow    –$1,500   $550    $630     $620       $400       $200

Payback period = 550/550 + 630/630 + (1500-550-630)/620 = 2.52 years

Payback period = Approximately 2.52 years

In simple term it will take 2.52 years to recover the initial investment.

Discounted payback

Project A                                                                                          

Time:                0            1            2            3             4              5

Cash flow    –$1,500   $550    $630     $620       $400       $200

PV @ 9%      –$1,500   $505    $530     $479       $283        $130

Payback period = 505/505 + 530/530 + (1500-505-530)/479 = 2.97 years

Payback period = Approximately 2.97 years

It will take about 2.97 years to recover the initial investment of $1,500 using discount rate of 9%  

5 0
3 years ago
According to Scott, the COO of Barcelona Restaurant Group, employees are given the opportunity and freedom to achieve organizati
Serjik [45]

Answer:

b. contingency approach to management.

Explanation:

The Contingency Approach to management tells us that there is no best style of management.

The Employees should in turn push to encourage to adopt situation specific management approach since It gives them an opportunity to explore new things and problem specific solutions.

6 0
3 years ago
Burns Medicine Shop developed a website where customers could ask the pharmacists questions and could refill prescriptions onlin
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Answer: No statutes presently require websites to have or disclose a privacy policy.

Explanation:

A Privacy Policy refers to a legal document or statement which states how an organization or website collects, and processes the data of the visitors and the customers.

The FTC Act is an act regarding the unfair practices in commerce. The Electronic Communications Privacy Act was put in place so as to prevent the unauthorized access of the government to private electronic communications.

Based on the options given, there is no statute that requires Burns to have and disclose a privacy policy to anyone using the website. Therefore, the answer is D.

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3 years ago
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25

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4 years ago
What is revenue on an income statement? Select one:
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Without knowing your options to select from......

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It is the top line or gross income figure from which costs are subtracted to determine net income. Sales Revenue formula. Revenue is also known as sales on the income statement.

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