Let
x------------------- > cost comic book sold in 1942--------------> <span>$1,920,000
</span>y------------------- > cost comic book sold in 2015--------------> $0.09
t------------------ > time---------------> (2015-1942)= 73 years
z-----------------> average increase per year
we know that
<span>z={[(x-y)/y]/t}*100
</span>then
z={[(1920000-0.09)/0.09]/73}*100=29,223,743 %
the answer is 29,223,743 %
Answer:
a. True
Explanation:
Statement of cash flow is a part of a complete set of the financial statements
of an entity. It provides information about:
the cash flows of the entity during the reporting period, and
the changes in cash and cash equivalents during the period.
The purpose of a statement of cash flows is to show what the cash flows of the entity have been.It can also be used to make assessments of what the cash flows of the entity might be in the future.
In other words, the cash flow statement is a compressed version of the company's check book that includes a few other items that affect cash, like the financing section, which shows how much the company spent or collected from the repurchase or sale of shares, the amount of issuance or retirement of debt and the amount the company paid out in dividends.
So based on the above discussion, answer is a. True
Answer: See explanation
Explanation:
(1) Compute the income from Devin reported on Pepe's books for 2010.
Net Income reported by Devin for 2010 = $300000
Add: Loss on Sale of Equipment = ($120000 - $66000 - $45000) = $9000
Less: Difference in Depreciation = ($54000/9) - ($45000/9) = $6000 - $5000 = $1000
Total Income from Devin for 2010 = $300000 + $1000 - $9000 = $308000
The Income from Devin reported on Pepe's books for 2010 will be:
= $308000 × 60%
= $308000 × 0.6
= 184800
2. Compute the income from Devin reported on Pepe's books for 2011.
Net Income reported by Devin for 2011 = $325000
Less: Difference in Depreciation = ($54000/9) - ($45000/9) = $6000 - $5000 = $1000
Total Income from Devin for 2011 = $325000 - $1000 = $324000
The Income from Devin reported on Pepe's books for 2011 will be:
= $308000 × 60%
= $308000 × 0.6
= $194400
(3) Compute the noncontrolling interest in the net income of Devin for 2010.
The noncontrolling interest in the net income of Devin for 2010 will be:
= $308000 - $184800
= $123200
To hire contractors, the team members need to be aware of these estimations. The skills of the team members will determine how much time and effort is needed.
Which of the following differences exists between estimating effort and estimating time?
Estimates of effort place more emphasis on the labour needed to finish project work.
Time Factor is the amount of months (or fractions of months) that have passed since the issue date as of any date, computed to three decimal places. A 30-day month will be used as the basis for calculating the Time Factor. For instance, if the Issue Date was 16 days ago, the Time Factor is equivalent to 16/30
Learn more about Time Factor
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Answer:
The correct answer is B.
Explanation:
Giving the following information:
Raw material= $60,000
Direct labor= $48,000
Overhead= $52,000
Premium Company started and completed 400,000 boxes.
First, we need to calculate the total manufacturing cost and unitary cost:
Total cost= Direct material + direct labor + overhead
Total cost= 60,000 + 48,000 + 52,000= 160,000
Unitary cost= 160,000/400,000= $0.4 per box
Now, we can calculate the selling price:
Selling price= Unitary cost*mark up= 0.4*1.40= $0.56
