Answer:
a) €152081.6128
b) €125000
Explanation:
a) The cost of dampners in terms of then-current euros :
current cost x(1 + inflation rate)ⁿ where n is the number of years.
Since the price of dampners is expected to increase only by 4% per year from the current price of €125,000 in 5 years:
We calculate : 125000 (1+0.04)⁵ = €152081.6128
The cost of dampeners in terms of then-current euros is €152081.6128
b) The cost of dampners in terms of constant value will remain as at today's current price if the value of Euros remains constant . Therefore, The cost of dampeners in terms of constant-value euros is €125,000.
Answer:
$18,000
Explanation:
Owl's 1992 income $ 120,000
Percentage owned − 3,000 out of 10,000 shares = 30%
Owned for 6 months (7/1/92 to 12/31/92) = 6/12
Income from investment in Owl
=$120,000 * 30% * 6/12
=$18,000
NB:
1. The dividends received decrease the investment account, but do not affect the income.
2. In a purchase, income from an investee is acknowledged only from date of purchase.
3. With 30% ownership, important influence is assumed and equity method is used.
Your detailed expenses cost of sales and if the business made a profit or loss.
Answer:
The company's days' sales in receivables is 22 days
Explanation:
In order to calculate the company's days' sales in receivables we would have to calculate first the total sales with the following formula:
Total Sales = Net Income / Profit Margin
= $190,000/9.4%=$2,021,276
Hence, Credit Sales = $2,021,276*0.85= $1,718,085
Accounts receivable turnover ratio = Credit sales / Accounts Receivable
= $1,718,085 /$106,351
= 16.15485
Therefore, Days sales in receivables = 365/16.15485= 22.59 days
The company's days' sales in receivables is 22 days
Answer:
I would say :This is all nonsense.