Answer:
Project should have minimum annual cash flow of $62,373.06 to accept the project
Explanation:
Any project will be accepted if its net present value (NPV) is positive
Hence, NPV>0
Sum of discounted cash inflow - Discounted Cash outflow > 0
Annual cash inflow * PVAF (8.2%, 11 years) - $440,990 > 0
Annual cash inflow * 7.0702 - $440,990 > 0
Annual cash inflow * 7.0702 > $440,990
Annual cash inflow > $440,990 / 7.0702
Annual cash inflow > $62,373.06
So project should have minimum annual cash flow of $62,373.06 to accept the project
Answer:
A. $60,000 U
Explanation:
Given that
Budgeted fixed cost = 540,000
Actual fixed cost = 600,000
Recall that,
fixed overhead flexible-budget variance = Actual amount - standard (budgeted) amount
Thus,
Variance = 600,000 - 540,000
= $60,000 Unfavorable
It is unfavorable because the actual cost is higher than the budgeted cost. When actual cost is less than budgeted cost, it is favorable.
It is not possible that she spent $320 for the second purchase, this is because the prices of the books and the video games did not change.
In her first purchase, Marrillia bought 4 books and 3 videos and in her second purchase, she bought double of the products she bought in the first purchase, that is, 8 books and 6 videos. Since there is no price change in the products, Marilla must have spend $360 [$180 * 2] in her second purchase.
<span>How much of a raise would Kurtis need to be applied to his annual salary to get his DTI ratio down to a more reasonable 36%? The answer is $10,350.</span>
Answer:
D. short-term bonds
Explanation:
Money market is an market where people or organizations can lend and borrow short term loans in the form of bonds. These bonds are very high quality debt and have maturity of one year or less. It provides a platform for public, government, banks and institutions to sell and buy the short term securities.