Answer:
$376,750
Explanation:
Firstly, eliminate unneeded information. This question asks for the costs of variable costs, or fees that can possibly change. Becuase of this, we can ignore the $13,000 a month fee, because this is not a variable cost, meaning that it is not going to change.
Secondly, multiply your variable costs to match the units needed. We have $9,000 a unit and $25,000. The estimate is 11,000 units, so set your equation up like so- (9,000 X 11,000) + (25,000 X 11,000) = $376,750.
The most popular method of funding for majority of new businesses are <em><u>Business</u></em><em><u> </u></em><em><u>Loans</u></em>
Answer:
"C"
Explanation:
A high performance culture is a set of laid down rules (culture ) that an organization observe to achieve outstanding results (performance ) with the primary aim of getting an edge over competitors. It guides the daily activities of employees.
The four major attributes of a high performance culture are Strong leaders , employees involvement , continuous learning environment and flexibility .
The corporate values of the organization is paramount and every action must be directed towards its achievement.
Answer:
to calculate depreciation using the sum-of-the-years'-digits method:
n(n+1) divided by 2 = [12(13)] / 2 = 78
depreciable value = cost - salvage value = $469,000 - $40,000 = $429,000
- depreciation year 1 = 12/78 x $429,000 = $66,000
- depreciation year 2 = 11/78 x $429,000 = $60,500
- depreciation year 3 = 10/78 x $429,000 = $55,000
the formula used to calculate depreciation using the double-declining-balance method is:
2 x cost of the asset x depreciation rate
- depreciation year 1 = 2 x $469,000 x 1/12 = $78,167
- depreciation year 2 = 2 x ($469,000 - $78,167) x 1/12 = $65,139
- depreciation year 3 = 2 x ($390,833 - $65,139) x 1/12 = $54,282
Answer:
A $3066000
Explanation:
The formula for cash received from customers is: opening receivables+net sales-closing receivables.
The rationale behind the formula is that opening receivables would have turned cash by year end since current asset last one year maximum.
=$241500+$3097500-$273000
=$3066000
