2,000×((((1+0.08÷4)^(4×15)
−1)÷(0.08÷4))×(1+0.08÷4))
=232,665.14
Answer:
A) $222,764
Explanation:
We first devise a formula for total operating costs
Operating costs = Fixed element + 2618x + 5y where,
x = flights and y = passengers
So using the formula gives us,
Operating costs = 56560 + 2618 (63) + 5(254)
= $222,764
We use the budgeted figures as we are calculating for the budget. For actual costs we can simply substitute actual figures in our formula above.
Hope that helps.
Answer:
Supplies Expense = $24,000
Supplies = $24,000
Explanation:
given data
bought for CPA firm = $32,000
supplies on hand = $8,000
solution
we know here that when $8000 supplies available out of $32,000
so supplier during period will be = $32,000 - $8000
supplies expense = $24000
and that is express as
Accounts title Debit Credit
Supplies expense $24,000
Supplies $24,000
Answer:
Free cash flow = $68,558,400
Explanation:
Free cash flow represents the amount that is left to all the providers of capital after the payment of all all operating expenses, working capital and investment in fixed asset expenditures.
It is computed as cash flow made from operation less capital expenditures
Free cash flow = net cashflow from operating activities - fixed assets
= $96,447,240 - $27,888,840
= $68,558,400
Free cash flow = $68,558,400
Explanation:
A maximum price occurs when a government sets a legal limit on the price of a good or service – with the aim of reducing prices below the market equilibrium price. ... If the maximum price is set below the equilibrium price, it will cause a shortage – demand will be greater than supply