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IrinaK [193]
3 years ago
11

The pier import store has cash of $34,600 and accounts receivable of $54,200. the inventory cost $92,300 and can be sold today f

or $146,900. the fixed assets were purchased at a cost of $234,500 of which $107,900 has been depreciated. the fixed assets can be sold today for $199,000. what is the total book value of the firm's assets?
Business
1 answer:
VikaD [51]3 years ago
7 0

The book value of the company’s assets is the sum of the values of individual assets entered in the books of the company. The following would be its book value:

Cash                                                                                      $34,600

Accounts receivable                                                              $54,200

Inventory                                                                               $92,300

Fixed assets                                                                          $234,500

Accumulated depreciation of fixed assets                            ($107,900)

Total book value of the assets of the firm                             $307,700

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Trimming helps to remove dead or weak branches, and as a result help new and healthy flowers and buds to grow.
6 0
2 years ago
Which of the following statements about human populations in industrialized countries is incorrect? Which of the following state
ozzi

Answer: Birth rates and death rates are high.

Explanation:

In industrialized countries the life expectancy is reasonably high, so it's false to state that the death rate is high.

Also in industrialized countries birth is controlled as against developing countries that don't really put birth control measures.

6 0
2 years ago
At the beginning of April, Warren Corporation's assets totaled $257,000 and liabilities totaled $77,000. During April the follow
g100num [7]

Answer:

Total liabilities is $170,500

Explanation:

Warren's total liabilities at end of April comprises of the beginning  balance of liabilities of $77,000 plus the notes payable signed in  respect of the building acquired in the course of the year,the computation is shown below:

Beginning balance of liabilities         $77,000

Notes payable                                    $93,500

Total liabilities                                     $170,500

The notes signed by employee of $11,700 is notes receivable as the employee is owing the company and should be classified as notes payable ,but notes receivable instead, an asset.                      

3 0
3 years ago
“The Designers” an international furniture making company wants to expand its business in Pakistan by introducing its specialize
tankabanditka [31]

Answer:

a. I would consider consider leasing since the profits gained from leasing ($216,978,355.60) is greater compared to the profits if a spot rate is considered ($214,676,191.10) in 4 years.

b. I would consider consider leasing since the value gained from leasing ($123,553,875.20) is greater compared to the value if a spot rate is considered ($120,982,986.80) in 2 years.  

Explanation:

a. Determine best option

<em>Step 1: Determine total revenue per year if they meet the demand.</em>

Total revenue per year=revenue per chair×number of chairs per year

where;

revenue per chair=Rs.20,000

number of chairs per year=4,000 units

replacing;

Total revenue per year=(20,000×4,000)=$80,000,000

<em>Step 2: Determine the net revenue per year for Leasing</em>

Net revenue=total revenue-total cost for leasing

total cost for leasing=cost per chair per square feet×area per chair×number of chairs

where;

cost per chair per square feet=10,000/100=$100

area per chair=10 square feet

number of chairs=4,000

replacing;

total cost for leasing=100×10×4,000=$4,000,000

Net revenue=80,000,000-4,000,000=76,000,000 per year

<em>Step 3: Determine the present value of the net revenue per year for Leasing</em>

Year       Future cash flow            Present cash flow                 Amount

 1            76,000,000               76,000,000/{(1+0.15)^1}         66,086,956.52

 2           76,000,000               76,000,000/{(1+0.15)^2}         57,466,918.71

 3           76,000,000               76,000,000/{(1+0.15)^3}         49,971,233.66

 4           76,000,000               76,000,000/{(1+0.15)^4}         43,453,246.67

Total present value of the future net revenue for leasing=(66,086,956.52+57,466,918.71+49,971,233.66+43,453,246.67)=

$216,978,355.60

<em>Step 3: Determine the present value for the cost for spot Market rate</em>

Since the spot market rate is paid once;

Total cost=(15,000/100)×10×4,000=$6,000,000

Total cost in four years=6,000,000×4=$24,000,000

Present value of spot rate cost=24,000,000/{(1+0.15)^4}=$13,722,077.89

<em>Step 4: Determine the present value of the revenue per year </em>

Year       Future cash flow            Present cash flow                 Amount

 1            80,000,000               80,000,000/{(1+0.15)^1}         69,565,217.39

 2           80,000,000               80,000,000/{(1+0.15)^2}         60,491,493.38

 3           80,000,000               80,000,000/{(1+0.15)^3}         52,601,298.59

 4           80,000,000               80,000,000/{(1+0.15)^4}         45,740,259.65

Present value of Total revenue=69,565,217.39+60,491,493.38+52,601,298.59+45,740,259.65=

$228,398,269

<em>Step 5: Determine the present value of the net revenue per year for sport rate</em>

Net present value=(228,398,269-13,722,077.89)=$214,676,191.10

I would consider consider leasing since the profits gained from leasing ($216,978,355.60) is greater compared to the profits if a spot rate is considered ($214,676,191.10).

b.

<em>Step 6: Consider NPV for 2 years if they Lease</em>

Year       Future cash flow            Present cash flow                 Amount

 1            76,000,000               76,000,000/{(1+0.15)^1}         66,086,956.52

 2           76,000,000               76,000,000/{(1+0.15)^2}         57,466,918.71

Net present value=(66,086,956.52+57,466,918.71)=$123,553,875.20

<em>Step 7: Consider total revenue if the use a spot rate</em>

Year       Future cash flow            Present cash flow                 Amount

 1            80,000,000               80,000,000/{(1+0.15)^1}         69,565,217.39

 2           80,000,000               80,000,000/{(1+0.15)^2}         60,491,493.38

Total revenue=(69,565,217.39+60,491,493.38)=$130,056,710.80

<em>Step 7: Consider cost for 2 years if they use a spot rate</em>

Total cost=6,000,000×2=$12,000,000

Present value=12,000,000/{(1+0.15)^2}=$9,073,724.008

Net present value=130,056,710.80-9,073,724.008=$120,982,986.80

I would consider consider leasing since the value gained from leasing ($123,553,875.20) is greater compared to the value if a spot rate is considered ($120,982,986.80) in 2 years.

6 0
3 years ago
buyer most likely sue for specific performance? select one: a. if the seller did not inform the buyer that the property being pu
Kobotan [32]

buyer most likely sue for specific performance if the seller defaulted on the contract before closing

A Sale and Purchase Agreement (SPA) is what, exactly?

A Sale and Purchase Agreement (SPA) is a contractual agreement describing the terms on which the buyer and seller of a property have come to an understanding (e.g., a corporation). In any sale transaction, it serves as the primary legal document. Essentially, it outlines the agreed-upon terms of the transaction, offers several significant safeguards to all parties involved, and establishes the legal framework needed to finalize the sale. Therefore, the SPA is extremely important to both sellers and buyers.

to know more about A Sale and Purchase Agreement

brainly.com/question/27180298

#SPJ4

4 0
1 year ago
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