Which of the following is an example of irregular income?
A. A full-time job
B. A part-time job
C. A graduation gift
D. Both b and c
The answer is C
Answer:
NPV= $60.52
Explanation:
Giving the following information:
Robbins Inc. is considering a project that has the following cash flow: −$950 $500 $400 $300
Cost of capital= 10.00%
To calculate the net present value we need to use the following formula:
NPV= -Io + ∑[Cf/(1+i)^n]
Cf= cash flow
For example= Year 3: 300/1.10^3= 225.39
NPV= $60.52
Answer:
Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.
However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.
Explanation:
Answer: operating budget
Explanation:
In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.
The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.
Answer:
![\left[\begin{array}{cccc}-&Actual&Variance&Flexible Budget\\Indirect labor&10,760&240F&11,000\\Indirect Materials&7,520&180F&7,700\\Utilities&3,950&450F&4,400\\Supervision&4,200&0&4,200\\dep&1,800&0&1,800\\Prop.taxes&600&0&600\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26Actual%26Variance%26Flexible%20Budget%5C%5CIndirect%20labor%2610%2C760%26240F%2611%2C000%5C%5CIndirect%20Materials%267%2C520%26180F%267%2C700%5C%5CUtilities%263%2C950%26450F%264%2C400%5C%5CSupervision%264%2C200%260%264%2C200%5C%5Cdep%261%2C800%260%261%2C800%5C%5CProp.taxes%26600%260%26600%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
Idirect labor 1
Indirect materials 0.7
Utilities 0.4
fixed per month
supervision 4,200
Dep 1,800
property taxes 600
Units produced
We multiply the variable components rate by the units produced. Then we calcualte the variances