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3 years ago

For over 700 years, the city of granada and much of spain was ruled by which people?

1 answer:

4 0

The city was mostly ruled by Muslims.

The history of Spain dates back to the Early Middle Ages. In 1516, Habsburg Spain unified a number of disparate predecessor kingdoms; its modern form of a constitutional monarchy was introduced in 1813, and the current democratic constitution dates to 1978.

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A project has cash flows of -$152,000, $60,800, $62,300, and $65,000 for years 0 to 3, respectively. The required rate of return

Blababa [14]

Answer:

c. 11.32; reject

Explanation:

The IRR is the rate at with net present value equals zero.

$-152,000 + \frac{60,800}{1+IRR} +\frac{62,300}{(1+IRR)^{2} } +\frac{65,000}{(1+ IRR)^{3} } = 0$

$\left[\begin{array}{cc}Period&Cash Flow\\0&-152,000\\1&+60,800\\2&+62,300\\3&+65,000\\4&0.113237029\\\end{array}\right]$

To solve it you use excel or a financial calculator:

0.1132370

Because the IRR is lower than minimun aceptable rate of return, the project should be rejected.

7 0

4 years ago

Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transa

Paraphin [41]

Answer:

a. Purchase of supplies affect cash $(133) and will affect income only once the supplies are used and will be recognized as expenses.

b. The use of suppliers affects net income as this is recognize as expense, doesn´t affect cash.

c. Sales affects net income even if they are not paid, doesn´t affect cash because is on account.

d. Receive payment from customers affects to cash due to money will be received $865, doesn´t affect net income.

e. Purchase of equipment will generate a cash outflow $(2,528), doesn´t affect net income.

6 0

3 years ago

What is one reason that more affluent individuals may experience better health?

andrew-mc [135]

They can afford top notch healthcare

3 0

3 years ago

Summary of accounting chapter 1

slamgirl [31]

Answer:

Chapter 1 introduces the study of accounting. Accounting is defined as a set of concepts and techniques that are used to measure and report financial information about an economic entity. Accounting consists of both external reporting issues known as “financial accounting,” and internal reporting issues related to “managerial accounting.”

Explanation:

5 0

3 years ago

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,500 of dir

serg [7]

The amount of job costs added to Work in Process Inventory during October is $37,000

Explanation:

Job A3B was ordered by a customer on September 25.

The company applies overhead at a rate of 200% of the direct labor cost incurred.

Cost of September:

$2,500 of Direct Materials(DM)

$4,000 of Direct Labor(DL)

$4,000 manufactured overhead(OH)

Total job cost = DM + DL + (OH)

Total Job Cost =$2500+$4000+($4000*200%)

Total Job Cost=$2500+$4000+$8000

Total Job Cost=14500 (Cost for September)

Cost of October:

$3,000 of direct materials

$6,500 of direct labor

$6,500 manufactured overhead

Total job cost = DM + DL + (OH)

Total Job Cost =$3000+$6500+($6500*200%)

Total Job Cost=$3000+$6500+$13000

Total Job Cost=22500 (Cost for October)

Total cost of Job A3B= September $14,500+ October $22,500 = $37,000

Work in process contains the sum of the costs on job cost sheets for jobs that are not yet complete.

8 0

3 years ago