Answer: True
Explanation:
Because Subway is getting lot of profit on their selective stores around the country to introduce a new food item and from its growth stage.
Answer: $2,271,500
Explanation:
Cash flow to investors is:
= EBITDA - Taxes
Taxes = (EBITDA - Depreciation - Interest) * tax rate
= (2,767,000 - 596,000 - 189,000) * 25%
= $495,500
Cash flow to investors from operating activities is:
= 2,767,000 - 495,500
= $2,271,500
Answer:
Condominium Cleaning
The creditor is entitled to recover:
= $1,350.
Explanation:
a) Data and Calculations:
Contract price agreed between condominium cleaner and owner = $1,500
Cost of cleaning the oven that was not done by the cleaner = $150
Creditor's claim from the contract price = Contract price minus cost of cleaning the oven
= $1,350 ($1,500 - $150)
b) This means that the creditor will recover less than the contract price because of the oven that was left uncleaned. Since the cost of hiring a substitute to clean the oven is $150, this amount will be deducted from the contract price, and then, the creditor can recover the balance.
Answer:
Explanation:
Rule of 72, number of years taken to double the amount = 72/Rate of interest
Hence,
5=72/ Rate
Annual rate promised = 72/5
= 14.4%
It is a good deal if the opportunity cost is less than 14.4%
Let's assume it takes N number of years
400*(1+0.144)^N = 26,000
(1.144)^N = 65
N lies between 31 and 32 years
Answer:
1. C
2. A
3. B
4. D
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.
In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
The various types of cost variance components and their definition includes the following;
1. Actual price: the amount paid to acquire input.
2. Actual quantity: the input used to manufacture the quantity of output.
3. Standard quantity: the expected input for the quantity of output.
4. Standard price: the expected price.