Calculate the sales tax and total sale amount for a product that cost $52.98 and the sales tax is 9.2%

Differential Analysis for a Lease or Buy Decision Sloan Corporation is considering new equipment. The equipment can be purchased

Arlecino [84]

Answer:

Alternative 2 (purchase equipment) should be selected because it reduces costs by $10,400.

Explanation:

Alternative 1 (lease):

less price per year $30,000 x 5 years = $150,000

Alternative 2 (purchase):

initial investment = $125,500 + $1,600 = $127,100

maintenance cost per year = $2,500 x 5 years = $12,500

<h2> Differential Analysis</h2>

alternative 1 alternative 2 differential

lease purchase effect

Revenues $0 $0 $0

Costs:

Purchase price $0 -$125,500 -$125,000

Freight and installation $0 -$1,600 -$1,600

Repair and maintenance $0 -$12,500 -$12,500

(5 years)

Lease -$150,000 $0 $150,000

(5 years)

Income / loss -$150,000 -$139,600 <u>$10,400</u>

Alternative 2 (purchase equipment) should be selected because it reduces costs by $10,400.

4 0

3 years ago

Consulte cinco ejemplos de género dramático

GrogVix [38]

Octavia Autor: Séneca.

El rey Lear Autor: William Shakespeare.

Hamlet Autor: William Shakespeare.

Edipo rey Autor: Sófocles.

El castillo sin venganza Autor: Lope de Vega.

6 0

3 years ago

You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president h

lana [24]

Answer:

Explanation:

Variance analysis studies the relationship between actual and budgeted cost for business activities. Variance analysis helps the management in two ways;

Favorable
Unfavorable

Favorable - if the actual cost incurred is less than the budgeted cost, the difference amount is a saving for the company.

Unfavorable - if the actual cost is more than the budgeted cost, the difference is an extra expenditure for the company.

Flexible budget;

The flexible budget is prepared at different levels of volume that was initially projected by the master budget.
It is highly styled and more useful than the master budget.

The report showing the Activity and Spending Variances for march is given in the file attached below, in other not to cause confusion. Thank you.

Download docx

3 0

3 years ago

Monetary Policy in Flosserland: In Flosserland, the Department of Finance is responsible for monetary policy. Flosserland has ha

evablogger [386]

Answer:

The correct answer is d) neither the long-run Phillips curve nor the Classical dichotomy.

Explanation:

The answer that best suits the situation described is the Phillips curve in the short term but not in the long term.

The Phillips curve starts from the principle that the amount of money circulating (commonly called "money supply") has real effects on the economy in the short term. In this way, an increase in the money supply would have a beneficial effect on aggregate demand, as citizens will spend more when their nominal wages are increased (known as “monetary illusion”) and a more favorable framework for investment and investment will be created. that the prospects of rising prices will improve the expectations of corporate profits. The improvement in aggregate demand would result in greater economic growth, and this in turn in the creation of new jobs. This is how an inverse relationship between inflation and unemployment is established, expressed graphically by a downward curve.

3 0

3 years ago

On January 2, year 1, Lava, Inc. purchased a patent for a new consumer product for $90,000. At the time of purchase, the patent

Archy [21]

Answer:

The amount Lava should charge against income during year 4 is $63,000.

Explanation:

Since amortization is assumed to be recorded at the end of each year, this can be calculated as follows:

Annual amortization expense = Cost of the patent / Patent's estimated useful life = $90,000 / 10 = $9,000

Amortization expense recorded prior to year 4 = Annual amortization expense * 3 years = $9,000 * 3 = $27,000

Unamortized cost of patent charge against income during year 4 = Cost of the patent - Amortization expense recorded prior to year 4 = $90,000 - $27,000 = $63,000

Therefore, the amount Lava should charge against income during year 4 is $63,000.

4 0

3 years ago