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Rainbow [258]
4 years ago
10

You deposit a check for 15000 from the company owner into the checking account. Show thr effect on the accounting equation using

the extended accounting equation
Business
1 answer:
vazorg [7]4 years ago
6 0

Answer:

Assets = Liabilities + Equity     Revenue - Expenses = Income   Cash flows

cash                           capital                                                           $       type

$15,000 =  $0 +      $15,000          $0     -   $0           = $0       15,000  financing

You deposited $15,000 which increases the cash account and at the same type increases the paid-in capital account. Since it is not part of the operating activities, it doesn't affect revenues, expenses or income. The $15,000 increase in cash is classified as a financing activity cash inflow.

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Labeau Products, Ltd., of Perth, Australia, has $25,000 to invest. The company is trying to decide between two alternative uses
lesya [120]

Answer:

Plese see explanation

Explanation:

1. Net present value of project X

Year                 Cash flow          Present value at 16%

0                       (25,000)                  (25,000)

1-6                      8,000                    29,477.89

Net present value=                         $4,477.89

2. Net present value of project Y

Year                 Cash flow          Present value at 16%

0                       (25,000)                  (25,000)

6                       60,000                  24,626.54

Net present value=                         ($373.46)

3. I will recommend Labeau Products, Ltd to invest in project X instead of project Y because the net present value of project X is positive and project x will increase the wealth of shareholders of the  Labeau Products, Ltd by $4,477.89

6 0
3 years ago
In what ways do corporations grow?
stepan [7]
Develop new products. Innovative companies understand that in order to grow, they must continue to develop new products and services. "No executive today is unaware of the strategic need for winning new products," writes Robert G. Cooper in his book, Product Leadership: Creating and Launching Superior New Products. "And so the pressure is on virtually every leadership team to deliver great new products. The new corporate motto is 'innovate or die.'" 

Learn how to delegate. "As organizations grow increasingly complex, duties and responsibilities across the workforce can become less well defined," writes Robert Heller in How to Delegate. "Often it seems as though everyone is doing everyone else's job. Delegation is the manager's key to efficiency, and benefits all." In other words, in order to scale the business, a CEO needs to learn how to delegate so he or she can focus on the company's bigger picture issues. 
3 0
3 years ago
Wilson company has a predetermined overhead rate of $5 per direct labor hour. the job-order cost sheet for job 145 shows 500 dir
vlada-n [284]
Tbh I'm New At This But It Says I Need To Have Like 20 Words In The Answer But 30 Is The Answer I'm Pretty Sure
7 0
3 years ago
Grantham Manufacturing Company makes oak rocking chairs. Budgeted sales are 21,500 for July, 24,300 for August, 28,700 for Septe
gogolik [260]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Budgeted sales:

July= 21,500

August= 24,300

September= 28,700

October= 28,900

Grantham maintains an ending inventory equal to 10% of the current month’s sales. The ending inventory at June 30th was 3,100.

Production budget= sales for the month + desired inventory - beginning inventory

July:

Sales= 21,500

Ending inventory= (24,300*0.10)= 2,430

Beginning inventory= (3,100)

Total= 20,830

August:

Sales= 24,300

Ending inventory= (28,700*0.10)= 2,870

Beginning inventory= (2,430)

Total= 24,740

September:

Sales= 28,700

Ending inventory= (28,900*0.10)= 2,890

Beginning inventory= (2,870)

Total= 28,720

4 0
4 years ago
For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal
saveliy_v [14]

Answer:

$6673

$14,533.50

$421,256.38

$234,243.36

Explanation:

The formula for determining future value is :

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

$1,800 x (1.14)^10 = $6673

$7,852 x (1.08)^8 = $14,533.50

$67,355 x (1.13)^15 = $421,256.38

$174,796 x (1.05)^6 = $234,243.36

8 0
3 years ago
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