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3 years ago

The investment most affected by local conditions is:

Business

2 answers:

Yuliya22 [10]3 years ago

5 0

It's probably savings accounts, because it shows how people in the local area is doing.

Tems11 [23]3 years ago

4 0

Savings accounts . . .
   interest rates are most determined by the state of
   the national economy.

Mutual funds . . .
Treasury bills . . .
   traded on nationwide exchanges; prices and returns
      are pretty uniform nationwide.

Real estate . . .
   rests directly on local conditions in each city, and sometimes even in
      different parts of the same city;
   affected by things like local unemployment, local bad weather,
      local price of gas, local tourism, local special events, etc.

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Steven's Auto is trying to decide whether to lease or buy some new equipment costing $23,000 that has a life of three years, aft

jolli1 [7]

Answer:

$1,241

Explanation:

For computing the net advantage to leasing first we have to determine the total cash flow from leasing and total cash flow from buying which is shown below:

For leasing:

Year Lease payment PVF at 5.8% Present value

1 $6,500 0.9452 $6,144

2 $6,500 0.8934 $5,807

3 $6,500 0.8444 $5,489

Total outflow $17,440

For buy:

Year Outflow or inflow PVF at 5.8% Present value

0 ($23,000) 1 ($23,000)

1 $1,610 0.9452 $1,522

2 $1,610 0.8934 $1,438

3 $1,610 0.8444 $1,359

Total outflow $18,681

Now the net advantage to leasing is

= Buy outflow - leasing outflow

= $18,681 - $17,440

= $1,241

7 0

3 years ago

Refurbish, Inc. bought 1,000 shares of its own stock at $8 a share. Later, it reissued the shares for $10,000. The effect of the

IRINA_888 [86]

Answer:

$10,000 increase in stockholder equity

Explanation:

The buying of treasury stock reduces the balance of stockholder equity but when the treasury stock is reissued or we can say after purchase, the sale of treasury stock is done for $10,000. So, it increases the balance of stockholder equity

It means that the purchase of treasury stock has an adverse impact on stockholder equity whereas reissued shares have a positive impact on stockholder equity

7 0

3 years ago

The Converting Department of Worley Company had 2,400 units in work in process at the beginning of the period, which were 35% co

irinina [24]

Answer:

Equivalent units

Materials = 12,700 units

Conversion cost = 11,940 units

Explanation:

Equivalent Units E.U) are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work.

Equivalent Units = Degree of completion (%) × units

We will use the weighted average method

Weighted average method

The weighted average method of valuation of work in progress does not separate opening work-in progress from the newly introduced.

Using the weighted average method

Equivalent unit for material cost

Since direct materials are added at the the beginning of the production process the equivalent unit of direct material

EU = (100% × 10,800) + (100% ×1900) = 12700

Note that 100% represent the degree of completion.

Equivalent unit for conversion cost

Item Equivalent unit

Transferred out 100%× 10,800 = 10,800

Closing inventory 60% ×1900 = 1140

Total equivalent unit = 11,940

5 0

2 years ago

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Alexxandr [17]

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2 years ago

Read 2 more answers

Michelle operates a food truck. Indicate the amount (if any) that she can deduct as an ordinary and necessary business deduction

Snezhnost [94]

Answer:

A. $80

B. $795

C. $0

Explanation:

Only expenses that can be directly attributed to the business are deductible.

Personal expenses will not be deductible.

A. Here the only deductible amount is the legal fees of $80. The speeding will not be charged to the business because it was as a result of personal negligence. The legal fees affect the business because the speeding related to a business asset.

B. Only the amount paid to reserve a spot will be deductible because it relates to expenses for the business to make profit. The money she spent on her children is a personal expense.

C. There is no deductible here. These activities were of a personal nature and in no way related to the operations of the business of operating the food truck.

6 0

2 years ago