A tax on the total value of the money and property of a person who has died

Somerset Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $24 per unit. The

blsea [12.9K]

Answer:

Variable factory overhead = 3.00

Fixed factory overhead = 1.80

Explanation:

See the table in the attached image

6 0

2 years ago

A small trucking company is planning to install a GPS system in each of the five trucks the company owns. Each system costs $460

tatiyna

Answer:

a. The $7002.73 new annual net income is necessary to recover the initial investment of the five GIS systems at the annual effective interest rate of 10%

b. Since $6000 revenue is less than $7002.73 project is not viable financially.

Explanation:

a . Total initial cost = 4600*5

= $23000

Total Salvage Value = 300*5

= $1500

Operating cost = $1000 with a gradient of $100.

PV of operating cost = 1000(P/A,5,10%) + 100(P/G,5,10%)

= 1000(P/A,5,10%) + 100(P/A,5,10%)(A/G,5,10%)

= 1000*3.7908 + 100*3.7908*1.8101

= 3790.8 + 686.17

= $4476.97

PV of salvage value = 1500(P/F,5,10%)

=1500*0.6209

= $931.35

NPV = -23000 - 4476.97 + 931.35

= - $26545.62

annual revenue to get $26545 = 26545.62(A/P,5,10%)

= 26545.62*0.2638

= $7002.73

Annual Revenue = $7002.73

Therefore, The $7002.73 new annual net income is necessary to recover the initial investment of the five GIS systems at the annual effective interest rate of 10%

b. Since $6000 revenue is less than $7002.73 project is not viable financially.

3 0

2 years ago

Review the transactions listed below for thyme advertising company, and classify each transaction as either an operating activit

soldi70 [24.7K]

Answers:

1. Financing Activity

2. Operating Activity

3. Operating Activity

4. Non Cash Activity

5. Financing Activity

6. Non Cash Activity

7. Operating Activity

8. Investing Activity

9. Non Cash Activity

What to remember:

Operating activities are the kinds of activities the company accomplishes to generate profits. This includes cash out flows and inflows.

Investing activities contain the purchase or sale of long-lived assets used in operating the business, or the purchase or sale of investment securities (stocks and bonds of companies other than Thyme).

Financing activities are borrowing money, issuing shares of stock, and paying dividends.

5 0

3 years ago

After Xavier and Alyssa deposited nearly $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy.

aleksandr82 [10.1K]

Answer: should be protected due to the fact that their account is insured by FDIC.

Explanation:

From the question, we are informed that after Xavier and Alyssa deposited nearly $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy but that the Bigbux was an FDIC member bank.

Based on the above scenario, Xavier and Alyssa should be protected due to the fact that their account is insured by FDIC. Since the bank is insured, their money is safe.

4 0

3 years ago

Read 2 more answers

The internal rate of return is:

shepuryov [24]

Answer:

The correct answer is letter "A": the discount rate that makes the net present value of a project equal to the initial cash.

Explanation:

The Internal Return Rate, or IRR, is a central component of corporate finance capital budgeting. Companies use it to determine which discount rate will make the Present Value of the after tax cash flows equal to zero (0). Any project that returns an IRR greater than 0 ads has a value.

<em>In the decision-making process, IRR is subordinated to Net Present Value because it is preferred an absolute dollar amount that is higher than a higher IRR.</em>

5 0

3 years ago