Answer:
A. $153,000
Explanation:
The Journal Entry is shown below:-
Property Dr, $1,173,000
To Treasure stock $1,020,000
To additional paid-in-capital $153,000
The computation is given below:-
For Property
= 25,500 × $46
= $1,173,000
For Treasure stock
= 25,500 × $40
= $1,020,000
For Additional paid-in-capital
= $1,173,000 - $1,020,000
= $153,000
Answer:
(i) 2.71 years
(ii) 5.38 years
(iii) Never or 0
Explanation:
1. Payback period:
= Initial cost ÷ cash inflows
= 1625 ÷ 600
= 2.71 years(Approx).
2. Payback period:
= Initial cost ÷ cash inflows
= 3225 ÷ 600
= 5.38 years(Approx).
3. The payback period for an initial cost of $5,100 is a little trickier.
Notice that the total cash inflows after eight years will be:
= 8 × $600
= $4,800
Payback period
= Initial cost ÷ cash inflows
= 5100 ÷ 600
= 8.5
This answer does not make sense since the cash flows stop after eight years, so again, we must conclude the payback period is never.
Answer:
Management information system
Explanation:
MANAGEMENT INFORMATION SYSTEM is vital and Paramount for any business, company or organization because it enables them to know whether their business is profitable or not.
Secondly with MANAGEMENT INFORMATION SYSTEM a company can easily gather information that are relevant or important which will help them during decision making process.
Lastly with MANAGEMENT INFORMATION SYSTEM information can easily be presented in a such a way that the user of such information will have a good understanding of it Just as in the case of Evan.
Therefore based on the information given about Evan, Evan could benefit from MANAGEMENT INFORMATION SYSTEM.
Answer:
Legal Risk
Explanation:
Legal risk are damage, financial, reputational losses or any other form of loss received by a business due to negligence in compliance with the law related to the business. They are prospective fines or loses that a business or an organization receives for not complying with the business law and regulations.
In this case, the prospective loss could come by associating with Azpak limited which have inadequate protection of intellectual property rights.
Answer:
The correct answer is letter "B": demand tends to be inelastic.
Explanation:
Inelasticity is a characteristic that goods and services have by which their demand does not change in front of fluctuations in price.<em> Consumer staples are considered inelastic goods since people need them to cover basic needs. </em>
Inelasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is lower than one (1) the demand for that good or service is inelastic.
