1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zhannawk [14.2K]
3 years ago
14

Which of the following is not a type of savings account? A. Certificate of savings B. Basic savings C. Savings bond D. Money mar

ket savings
2b2t
Business
1 answer:
Pepsi [2]3 years ago
4 0
A. certificate of savings
You might be interested in
Projects A and B are mutually exclusive and have an initial cost of $82,000 each. Project A provides cash inflows of $34,000 a y
MrRissso [65]

Answer:

If discount rate is 11.7% Project B should be accepted.

If discount rate is 13.5% both projects should be rejected

Explanation:

If the Net present value of Project A is higher than that of project B, we will accept project A and vice versa.

<u>Under 11.7% Discount Rate</u>

Net Present Value-Project A = -82000 + 34000 / 1.117  +  34000 / 1.117²  +   34000 / 1.117³  = $85.099

Net Present Value-Project B = -82000 + 115000 / 1.117³ = $516.029

Project B should be accepted as it has a higher NPV.

<u />

<u>Under 13.5% Discount Rate</u>

Net present Value-Project A = -82000 + 34000 / 1.135 + 34000 / 1.135² + 34000 / 1.135³   = - $2397.49

Net Present Value-Project B = -82000 + 115000 / 1.135³  = - $3347.91

Both projects should be rejected as both have negative NPVs

7 0
3 years ago
Volbeat Corp. shows the following information on its 2015 income statement: sales = $275,000; costs = $188,000; other expenses =
Verdich [7]

Answer: (1) $61,495

(2) $17,200

(3) $5,400

Explanation:

Given that,

sales = $275,000

costs = $188,000

other expenses = $7,900

depreciation expense = $15,200

interest expense = $13,600

taxes = $17,605

dividends = $10,500

new equity issued = $5,100

Net new long-term debt = $3,600

EBIT = sales - depreciation expense - costs - other expenses

        = $275,000 - $15,200 - $188,000 - $7,900

        = $63,900

EBT =  EBIT - Interest

       = $63,900 - $13,600

       = $50,300

EAT = EBT - Taxes

       = $50,300 - $17,605

       = $32,695

Retained earnings = EAT - Dividends

                               = $32,695 - $10,500

                               = $22,195

(1) operating cash flow = EBIT - Taxes + depreciation expense

                                      = $63,900 - $17,605 + $15,200

                                      = $61,495

(2) cash flow to creditors = Interest - Net new long-term debt

                                          = $13,600 - (-$3,600)

                                          = $17,200

(3) cash flow to stock holders = Dividend - net new equity

                                                 = $10,500 - $5,100

                                                 = $5,400

3 0
3 years ago
UA Hamburger Hamlet (UAHH) places a daily order for its high-volume items (hamburger patties, buns, milk, and so on). UAHH count
Assoli18 [71]

Answer:

730 items

Explanation:

The objective of the given information is to determine the number of hamburgers UAHH should order for the following conditions:

Average daily demand 600

Standard deviation of demand 100

Desired service probability 99%

Hamburger inventory 800

The formula for a given order quantity in a fixed period of time can be expressed as :

q = \overline d(L+T)+ z \sigma_{L+T}-I

where;

q =  order quantity = ???

\overline d = daily demand average = 600

L = lead time in days = 1

T = time taken = 1

z = no of standard deviation = ???

\sigma_{L+T} = standard deviation of usage in lead time and time taken = ???

I = present inventory level = 800

\sigma_{L+T} = \sqrt 2 × standard deviation of daily demand

\sigma_{L+T} = \sqrt{2} *100

\sigma_{L+T} = 1.4142 * 100

\sigma_{L+T} = 141.42 items

From the Desired service probability 99% = 0.99; we can deduce the no of standard deviation by using the excel function (=NORMSINV (0.99))

z = 2.33

From q = \overline d(L+T)+ z \sigma_{L+T}-I

q =600(1+1)+ 2.33*(141.42)-800

q =600(2)+ 2.33*(141.42)-800

q =1200+329.5086-800

q = 729.5086 items

q ≅ 730 items

Therefore; the  number of hamburgers UAHH should order from the following given conditions = 730 items

6 0
3 years ago
Industrialized former colonial states that dominate the world economic system are?
Verizon [17]
Industrialized former colonial states that dominate the world economic system: Core Countries
5 0
1 year ago
Pharoah Company has accumulated the following budget data for the year 2020. 1. Sales: 31,410 units, unit selling price $89. 2.
Rama09 [41]

Answer:

<u>Computation of cost of goods sold for 2020</u>

Direct materials(1 pound× $5 )                                  $5

Direct labor(3 hours × $12)                                      $36

manufacturing overhead ($8 × 3 hours)                $24

Total unit cost                                                          $65

<u>Budgeted multiple-step income statement for 2020</u>

Sales ( 31,410 units × $89)                            2,795,490

Less Cost of Sales (31,410 units × $65)      (2,041,650)

Gross Profit                                                      753,840

Less Operating Expenses :

Selling and administrative expenses:           (170,000)

Operating Income                                           583,840

Less Non - Operating Expenses

Interest expense                                             (30,000)

Income before income taxes                         553,840

Income tax (553,840×30%)                            (166,152)

Income After income taxes                            387,688

Explanation:

Cost of Sales = all manufacturing costs

Multi step - Income Statement separates income generated from Primary Activities of the Company (Operating Income) with Income generated from Secondary Activities of the Company (Non-Operating Income)

6 0
3 years ago
Other questions:
  • Why are computer skills an important part of online learning?
    7·2 answers
  • What recommendation(s) do you have for Alikay Naturals to improve or replace Moisturizing Black Soap Shampoo?
    6·1 answer
  • The Law of Demand is a rule stating that more will be demanded at lower prices and less at higher prices; inverse relationship b
    6·1 answer
  • To be safe, you should ____ a. Always reduce your speed at an intersection B. Reduce your speed at an intersection if there is a
    5·1 answer
  • Better Mousetrap Inc. Better Mousetrap Inc. is a manufacturing company that sells pest control products. Recently the company la
    14·1 answer
  • During a contractionary phase of the business cycle, which of the following most likely occurs?
    8·2 answers
  • Writing a check on an account with insufficient funds is allowed under certain conditions.
    8·1 answer
  • Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow:
    10·1 answer
  • Does anyone think im attractive just wanna know lol
    6·2 answers
  • The difference between the price charged for a product and the cost to manufacture it is referred to as the?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!