Answer:
So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33 more than Project 1
Explanation:
<em>To determine which project to be selected, we will compute the present value (PV) of the two projects and select the one with a higher PV.</em>
Present value is the today worth of the future cash inflows from a project. The higher the present value the more wealth is been created. So a project with a higher PV is better if two are been compared.
So when comparing two projects, the one with a higher PV is better.
<em>PV of Poject 1 </em>
PV = 52,000 × 1-(1.015)^(-6)
$196,793.10
<em>PV of Project 2</em>
PV = 48,000 × 1- (1.015)^(-8)
$215,391.43
So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33 more than Project 1
It is true that capital gains refer to profits from the sale of investments.
Answer:
Variable Cost per hour is $4.86
Explanation:
given data
Highest Cost = $27,049
Lowest Cost = $19,772
Highest Cost Driver = 4,168 hours
Lowest Cost Driver = 2,672 hours
solution
we get here Variable Cost per hour that is express as
Variable Cost per hour = (Highest Cost - Lowest Cost) ÷ (Highest Cost Driver - Lowest Cost Driver) ......................1
put here value and we get
Variable Cost per hour = 
Variable Cost per hour = 
Variable Cost per hour = 4.86
so Variable Cost per hour is $4.86
Answer:
True, but it applies to everyone in the organization.
Explanation:
Modern companies can only be successful if every single employee works as a team member, since competition keeps increasing and customers' expectations keep rising.
Every single role within an organization is important. Can supply chain professionals distribute a product that doesn't exist (wasn't manufactured on time)? Could they distribute a product that no one wants to buy (marketing and sales are extremely important also)? Could anyone work if the finance department couldn't do its job and there was no money in the company?
We tend to believe that what we do is extremely important and difficult to do, and other people have it easier because their are simpler than ours. But that is just nonsense. Once I heard a quarterback talking about who was the most important player in a football team, and his answer really surprised me, "Quarterbacks fill stadiums, but defenses earn championships". On a team no one is more important, the chain breaks on its weakest link.
Answer:
- The entries in VLC's accounting information system to record all the preceding events will include all of the following except:
C. A credit togross profit
Explanation:
An entry to Gross Profit does not exist because the gross profit it's the result of the total sales minus the Cost of Goods, so the Gross Profit it's a result and not a journal entry.
The other entries are used as follows:
A. A debit to cost of goods sold
D. A credit to inventory
B. A debit to delivery expense
A credit to Cash
