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3 years ago

Why is the digital divide so determined by class?

1 answer:

7 0

Because access to technology and the media require economic resources to which not everyone has easy access, opening a very large digital divide that divides classes and their uses, the lower classes have access to digital technology long after it enters the market.

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A firm is evaluating a project with an initial investment at time 0 of $640,000. The present value of the levered cash flows is

monitta

Answer:

Using the flow-equity method of valuation the borrowed is $67600,option B.

Explanation:

In order to determine the amount borrowed in executing the project, we make use of the below formula which shows that we are working backwards.

Amount borrowed=present value of cash inflows-levered cash flows

present value of cash inflows=net present value+initial investment

present value of cash inflows=$157000+$640000

present value of cash inflows=$797000

levered cash flows=$729400

Amount borrowed=$797000-$729400

amount borrowed =$67600

8 0

3 years ago

On January 1, Lorain Corporation had 2,000 shares of $5 par common stock authorized and outstanding. These shares were originall

Dovator [93]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

1. Treasury Stock $2,400 (100 Shares × $24)

To Cash $2,400

(Being treasury stock is recorded)

2. Cash Dr, $825 (25 shares × $33)

To Treasury Stock $600 (25 shares × Cost $24)

To Additional Paid in Capital-Treasury Stock $225

(Being the sale of acquired share is recorded)

3. Cash Dr, $550 (25 shares × $22)

Additional Paid in Capital-Treasury Stock Dr, $50

To Treasury Stock $600 (25 shares × Cost $24)

(Being the sale of acquired share is recorded)

4. Common Stock Dr, $250 (50 Shares × $5 par value)

Additional Paid in Capital-Treasury Stock Dr, $175 (225 - $50)

Retained Earnings Dr, $775

To Treasury Stock $1,200 ($2400 - $600 - $600)

(Being retired share is recorded)

6 0

3 years ago

Of the automobiles produced at a particular plant, 40% had a certain defect. suppose a company purchases five of these cars. wha

Stells [14]

The expected value for the number of cars with defects can be obtained by multiplying the probability of success (i.e. the percentage of products with defects - 40%) by the number of cases (i.e. the number of cars purchased – 5).

40 / 100 X 5 = 2

Therefore, the expected value for the number of cars with defects will be the percentage of products with defects is 2

6 0

3 years ago

Blowing Sand Company has just received a one-time offer to purchase 10,000 units of its Gusty model for a price of $22 each. The

VLD [36.1K]

Answer:

a. Accept the order

b. Increase in short-term profit of $50,000

Explanation:

Note : Blowing Sand has "enough excess capacity" this means that fixed cost will be the same in the range or they will be ocurred whether or not the special order is accepted.

Therefore fixed costs are Irrelevant for this decision.

Incremental Costs and Revenues - accept the special order

Sales ( 10,000 units × $22 each) $220,000

Less Variable Costs ( 10,000 units × $17each) ($170,000)

Net Income $50,000

The special order will result in an increase in short term profit of $50,000. Therefore, Blowing Sand Company should accept the order.

8 0

3 years ago

Read 2 more answers

Soprano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run

Nuetrik [128]

Answer:

$850,000

Explanation:

Total Hours of Department 1=$80,000+$90,000

=$170,000/$200,000*1000,0000

8 0

3 years ago