Processing the message and providing some type of feedback is a(an)

Why would you want to create a bar graph from a budget spreadsheet?

horrorfan [7]

B. To see where most of your money is going

I'm taking the test right now on apex.

5 0

3 years ago

Read 2 more answers

The price of ______ goods is a determinant of demand.

ryzh [129]

Generally, the price of <u>other goods</u> is an important determinant of demand for a product.

<h3>What are the determinants of demand? </h3>

The determining factor for demand level of a product includes changes in income, prices of related goods, consumer expectations, consumer tastes etc.

Therefore, the price of <u>other goods</u> is an important determinant of demand for a product.

Read more about determinants of demand

<em>brainly.com/question/23195830</em>

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6 0

1 year ago

Pine Creek Company completed 200,000 units during the year at a cost of $3,000,000. The beginning finished goods inventory was 2

solniwko [45]

The cost of goods sold for 210,000 units using a FIFO cost flow for Pine Creek Company during the year is $3,085,000.

FIFO means First-in, First-out.

The FIFO cost flow method is an accounting technique to determine the cost of goods sold and ending inventory based on the assumption that goods produced first are the first to be sold.

The FIFO method is the opposite of the Last-in, First-out (LIFO) method.

<h3>Data and Calculations:</h3>

Number of units produced = 200,000 units

Cost of production = $3 million

Unit cost of production = $15 ($3,000,000/200,000)

Beginning finished goods inventory = 25,000 units

Cost of Beginning inventory = $310,000

Cost of goods sold = $3,085,000 ($310,000 + $15 x 185,000)

Thus, the cost of goods sold for 210,000 units using a FIFO cost flow for Pine Creek Company during the year is $3,085,000.

Learn more about the FIFO Cost Flow Method at brainly.com/question/19167666

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3 0

1 year ago

5. A manufacturing company decides to buy solar cells in anticipation of rising electricity costs. The company is modeling its p

ch4aika [34]

If the expected rate of return for the company equals 8%, the maximum amount of initial investment that makes this a desirable and profitable project is <u>$11,385.20</u>.

<h3>What is the present value?</h3>

The present value is the discounted value of some future cash flows. It is computed using the present value formula or table. It can also be computed using an online finance calculator as follows:

For this project, we first calculate the future value of the cost-savings from the solar project based on $20,000 and 5% increases for 20 years as follows.

N (# of periods) = 20 years

I/Y (Interest per year) = 5%

PV (Present Value) = $20,000

PMT (Periodic Payment) = $0

Results:

FV = $53,065.95 ($20,000 + $33,065.95)

Total Interest = $33,065.95

Thereafter, we compute the present value of the above future value based on an 8% expected rate of return as follows:

N (# of periods) = 20 years

I/Y (Interest per year) = 8%

PMT (Periodic Payment) = $0

FV (Future Value) = $53,065.95

Results:

PV = $11,385.20

Total Interest = $41,680.75

Thus, if the expected rate of return for the company equals 8%, the maximum amount of initial investment that makes this a desirable and profitable project is <u>$11,385.20</u>.

Learn more about future values at brainly.com/question/24703884

8 0

2 years ago

Your firm is considering a project that will cost $ 4.548 million up front, generate cash flows of $ 3.50 million per year for

Alika [10]

Answer:

(a) It will have multiple IRRs

(b) The MIRR calculated is 10.18% . Going by MIRR result , this project will only generate returns that is equal to cost of capital(10%) .If there are other avaible more viable projects, it should be rejected ( Please see attached computation).

Explanation:

(a) The multiple IRRs occurs when cash flows change sign and result in more than one value for the IRR.

Application of IRR to value an investment is only suitable when the project has normal cash flows, i.e a negative initial cash flow (i.e initial investment) followed by a series of positive cash flows.

In this scenario, we have negative cash flow of $6m in year 4 which occured after positive cash flow of $3.5m per year from year 1 to 3. This typically make IRR unreliable. To overcome this limitation , we can use Modified Internal Rate of Return (MIRR)

(b) Please see attached for more details.

Download xlsx

4 0

3 years ago