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VikaD [51]
3 years ago
11

Mercy Hospital is considering a project that is expected to reduce the hospital's annual operating costs by $250,000 per year be

ginning in Year 1. In addition, the project is expected to generate $400,000 in revenue per year beginning in Year 1. All else held constant, what is the project's expected net cash flow in Year 1?
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
5 0

Answer:

$650,000

Explanation:

The computation of the expected net cash flow for the year 1 is shown below:

= Annual operating cost reduced + expected revenue generated per year in the year 1

= $250,000 + $400,000

= $650,000

By adding the annual operating cost, and the expected revenue generated we get the project expected net cash flow for the year 1

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Cost of Goods Sold account is debited and Finished Goods Inventory is credited for A) purchase of goods on account. B) the sale
Firlakuza [10]

Answer:

B) the sale of goods to a customer.

Explanation:

When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.

For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:

Account                                    Debit           Credit

Cash                                         $1,200

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Finished Goods Inventory                           $1,000

7 0
2 years ago
Rocoe Company produces a variety of garden tools in a highly automated manufacturing facility. The costs and cost drivers associ
tensa zangetsu [6.8K]

Answer:

Explanation:

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7 0
3 years ago
Suppose that you just short sold 100 shares of Quiet Minds stock for $85.00 per share.
qaws [65]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

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4 0
2 years ago
A currency trader observes that in the spot exchange market, one U.S. dollar can be exchanged for 10.875 Mexican pesos or for 6.
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Answer:

d. 1.753 pesos/krone

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It shows a relationship between the Exchange value of one U.S dollar for Mexican pesos and the Exchange value of one U.S dollar for Mexican pesos so that per pesos/krone can come

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3 years ago
Ernesto baca is employed by bigg company. he has a family membership in his company's health insurance program. the annual premi
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