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rewona [7]
3 years ago
5

Overhead expenses are budgeted at $2,000 per month. Included in the $2,000 are $500 of monthly depreciation expense and $200 of

allocated expenses related to the insurance premium that is paid in September. What is the cash outflow for overhead for the month of May?a. $ 200b. $ 500c. $1,300d. $1,200
Business
1 answer:
professor190 [17]3 years ago
4 0

Answer:

Cash outflow will be $1300

So option (C) will be correct answer

Explanation:

We have given overhead expense = $2000 per month

Depreciation expenses = $500

And allocated insurance expense = $200

So non cash expense = depreciation expense + allocated insurance expense = $500+$200 = $700

We have to fond the cash out flow

Cash outflow is equal to = Overhead expense - non cash expense = $2000 - $700 = $1300

So cash outflow will be $1300

So option (C) will be correct answer

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What is meant by trading on the equity? (b) how would you determine the profitability of trading on the equity? chegg.
aleksklad [387]

Answer:

Trading on equity defines the increase in profit earned by the equity shareholders due to presense to financial charges.

When a company is higher the rate of interest on borrowed funds.so company should option for trading on equity.

Explanation:

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4 0
2 years ago
You wish to buy a cabin in 15 years. TODAY, the cabin costs $150,000. You believe the price of the cabin will inflate at 4% annu
vfiekz [6]

Answer:

I will need to invest 64,669.73 dollars now.

Explanation:

We will calcualte the future value of the cabin considering the inflation:

Principal \: (1+ inflation )^{time} = Amount

Principal 150,000.00

time  15 years

inflation 0.04000

150000 \: (1+ 0.04)^{15} = Amount

Amount 270,141.53

Then we calculate the present value of the lump sum at 15 years discounted at 10% which is the yield of the funds

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  270,141.53

time   15 years

rate  0.10

\frac{270141.53}{(1 + 0.1)^{15} } = PV  

PV   64,669.73

we would need to deposit 64,669.73 today to get enough cash to purchase the bcabin in 15 years.

5 0
3 years ago
All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2016, with the exception of income tax
yulyashka [42]

Answer:

The income before tax is $370450, the income tax is $111135 and the net income is $259315.

Explanation:

As the data table is not visible,online a similar question is found for which the data is attached here with.

From the given data

Service Revenue=$943,000

Interest Revenue=$127,1000

Total Revenue=Service Revenue+Interest Revenue=$1070100

Now The expenses are given as

Supplies Expense=$349,200

Repairs and Maintenance Expense =$258,300

Depreciation Expense=$60,350

Rent Expense=$ 31,800

Total Expense=Supplies Expense+Repairs and Maintenance Expense+Depreciation Expense+Rent Expense=$699650

So the income before tax is given as

Income=Total Revenue-Total Expense

Income=$1070100-$699650

Income=$370450

So the income before tax is $370450.

Now the tax is estimated at 30% as given tax rate as

Tax=Rate*Income

Tax=30%*$370450

Tax=$111135

So the income tax is $111135.

Now the Net income is given as

Net Income=Income-Tax

Net Income=$370450-$111135

Net Income=$259315

So the Net Income is $259315.

8 0
3 years ago
Operations management deals with the set of activities that create value in the form of goods and services by transforming input
blondinia [14]

Answer:

The statement is True.

Explanation:

The operations management of any organization is responsible to create value for the organization by transforming raw material into finished goods and convert input into output. The operation management deals with set of activities and follows all the guidelines and operating procedures in order to create value for the organization and achieve ultimate goals of the company.

4 0
3 years ago
Answer this correctly for brainliest!!!
Nataly_w [17]

Answer:

C.

Explanation:

Im just guessing lol hopefully its right

8 0
3 years ago
Read 2 more answers
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