Hi Ddestinyclark8385,
<span><u>A corporation has $80,000 in total assets, $36,000 in total liabilities, and a $12,000 credit balance in retained earnings. what is the balance in the contributed capital accounts?</u>
</span>b. $32.000
The meaning of the statement given above is that it refers to those people who are forced to fight for Macbeth. Macbeth in the play is introduced as a warrior hero and winning from the battlefield makes him great honor from the king.
Answer:
Determine the net cash flows for the first year of the project:
- $90,816 - $167,600 = -$76,784
Determine the net cash flows for years 2 - 9 of the project:
Determine the net cash flows for year 10 of the project:
- $90,816 + $12,800 = $130,616
Explanation:
additional sales 8,600 units at $46 each = $395,600
required investment $167,600
10 year useful life and $12,800 residual value
selling expenses 4% of total revenue
manufacturing costs per unit:
- Direct labor $8
- Direct materials $22
- Fixed factory depreciation $8.40
- Variable factory overhead $3.60
- Total $42.00
net cash flows:
total revenue $395,600
direct materials -$189,200
direct labor -$68,800
variable overhead -$30,960
selling expenses -$15,824
net cash flow = $90,816