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2 years ago

12

The time value of money refers to the fact that a dollar received today is worth less than a dollar promised at some time in the

future.
A. True
B. False

1 answer:

NikAS [45]2 years ago

8 0

Answer:

false money and time are worth different amounts. our time on earth is more valuable then money itself.

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Justice Enterprises is evaluating the purchase of a new computer net system would cost $24,000 and have a useful life of Syears.

Sergeeva-Olga [200]

Answer:

closest to: B) $7777

Explanation:

NPV ( net presetn value) cashflow - investment

<u>cost savings present value (ordinary annuity):</u>

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $8,500

time 5 years

rate 0.12

$8500 \times \frac{1-(1+0.12)^{-5} }{0.12} = PV\\$

PV $30,640.5977

salvage value present value:

$\frac{salvage}{(1 + rate)^{time} } = PV$

Salvage $2,000

time 5

rate 0.12

$\frac{2000}{(1 + 0.12)^{5} } = PV$

PV 1,134.85

NPV: 30,640.60 + 1,134.85 - 24,000 = 7,775.45

4 0

3 years ago

Everdeen Inc. has a 90-day operating cycle. If its average age of inventory is 35 days, how long is its average collection perio

mart [117]

Answer:

8.6 days

Explanation:

The formula for average collection period

= Average received turnover ratio / 365 daya

= 90 × 35 / 365

= 8.6 days

5 0

3 years ago

The following partially completed process cost summary describes the July production activities of Ashad Company. Its production

xeze [42]

Answer:

Units Transferred Out $ 663750

Work In Process Ending $ 30440

Direct Materials Costs $ 11.5 per EUP Conversion Costs$6.2 per EUP

Explanation:

Ashad Company

Weighted Average Method

Cost Of Production Report

Equivalent Units of Production

Direct Materials Conversion

Units transferred out 37,500 EUP 37,500 EUP

<u>Units of ending work in process 2,000 EUP 1,200 EUP</u>

<u>Equivalent units of production 39,500 EUP 38,700 EUP</u>

Costs Added

Direct Materials Conversion

Costs of beginning work in

process $13,450 $1,860

<u>Costs incurred this period 440,800 238,080</u>

<u>Total costs $454,250 $239,940 </u>

<u />

Costs per EUP

Direct Materials Conversion

$454,250/ 39,500 EUP $239,940/38,700 EUP

= $ 11.5 per EUP = $6.2 per EUP

Dividing the costs with EUP gives cost per EUP.

Costs Accounted For

Units Transferred Out $ 663750

Materials = $ 11.5 * 37500=$ 431250

Conversion= $ 6.2 * 37500=$ 232500

Total = $ 663750

Work In Process Ending $ 30440

Materials = $ 11.5 * 2000=$ 23000

Conversion= $ 6.2 * 1200=$ 7440

Total = $ 30440

Now adding the costs of Transferred out units and the ending work in process inventory equals the total of the costs added.

$ 663750+$ 30440 = $454,250 + $239,940

$ 694190 = $ 694190

8 0

2 years ago

Select the items the describe possible problems with being unemployed and not earning income.

Leya [2.2K]

The answers are.:

A)

B)

C)

D)

3 0

3 years ago

According to Michael Porter, a firm’s _____ is composed of primary and secondary support activities that can lead to competitive

Anastasy [175]

Answer:

The correct word for the blank space is: value chain.

Explanation:

American economist Michael E. Porter (<em>born in 1947</em>) coined the term value chain to denote the interrelated operating activities businesses perform during the process of converting raw materials into finished products. The goal in value chain analysis is to find ways to add value to the product along each part of the process and do so at the lowest possible cost.

4 0

3 years ago