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3 years ago

Net sales is found by

1 answer:

4 0

Is there a list of answers to choose from like A B C D? I would assume it would be something like the total amount gained after all expenses are taken into account. Example: After cost of the item that the store purchased it at, labor, electricity, etc. At least that's how we figured it out when I used to work fast food. Hope this helps.

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An asset used in a four-year project falls in the five-year MACRS class for tax purposes The asset has an acquisition cost of $5

zalisa [80]

Answer:

$1,449,068.80

Explanation:

Book value on purchase $5,100,000

Less: Accumulated depreciation $4,218,720

(5,100,000*(0.2+0.32+0.192+0.1152)

Book value on sales $881,280

Salvage value of paint $1,600,000

Book value of as set $881,280

Gain on disposal $718,720

Tax on gain on disposal = $718,720 * 21% = $150,931.20

After tax cash flow = $1,600,000 - $150,931.20

After tax cash flow = $1,449,068.80

4 0

3 years ago

Park Co is considering an investment that requires immediate payment of $28.245 and provides expected cash inflows of 59,300 ann

statuscvo [17]

Answer:

The net present value of this investment is $3,256.06.

Explanation:

Note: There two errors in the figures provided in this question. They are they therefore fixed before answering this question as follows:

Park Co is considering an investment that requires immediate payment of $28,245 and provides expected cash inflows of $9,300 annually for four years. Assume Park Co requires a 7% return on its investments.

What is the net present value of this investment?

The explanation of the answer is now provided as follows:

The present value (PV) of the annual expected cash inflows of $9,300 can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV of the annual expected cash inflows = Annual expected cash inflows * ((1 - (1 / (1 + rate of returns))^number of years) / rate of returns) = $9,300 * ((1 - (1 / (1 + 0.07))^4) / 0.07) = $31,501.06

Net present value = PV of the annual expected cash inflows – Required immediate payment for the investment = $31,501.06 - $28,245 = $3,256.06

Therefore, the net present value of this investment is $3,256.06.

6 0

3 years ago

Under process model, organizational effectiveness is portrayed by having internal conflict where information flows easily both h

andreev551 [17]

Answer:

True

Explanation:

The process model is a model that represents the work flow for achieving the company goals and objectives

In the process model, the effectiveness of an organization would be portrayed by the conflict that occurs internally. It could be the situation when the flow of the information is in a horizontal way and in a vertical way and the functioning of the operations internally is quite smooth and works with trust towards individuals

Therefore the given statement is true

8 0

3 years ago

Consolidated financial statements are prepared when a parent-subsidiary relationship exists in recognition of the accounting con

soldier1979 [14.2K]

Answer:

The correct answer is letter "B": Entity.

Explanation:

The Accounting Entity principle or Economic Entity principle states that a commonly co-owned group of businesses can entitle to be a single entity with the purpose to generate a consolidated financial statement. A business entity could be considered to be a sole proprietorship, partnership, or corporation.

6 0

3 years ago

Which term best completes the statement below? Governments can levy _____ and tariffs on imports. A. import

nadezda [96]

D. The correct answer is custom duties.

5 0

3 years ago