Answer:
A & C are correct
Explanation:
Payback period is a capital budgeting technique used to determine the number of years it would take a project cash inflows to fully recover the initial amount invested. Since it involves basic addition of subsequent expected cash inflows to determine at what point in time the balance changes from negative to positive ,regular payback period does not take into account the time value of money.
Additionally, payback period determination ignores future cashflows after the balance has changed from negative to positive. Due to this reason, it does not take into account the project's entire life.
Answer:
Consider the following calculations
Explanation:
1.
Direct material $14
Direct labor (16*1.9) 3.04
Variable overhead (1.1*1.9) 2.09
Fixed overhead (1.5*1.9) 2.85
Unit product cost $21.98
2. Cost of budgeted ending inventory = 21.98*620 = $13, 628
Answer:Annual Net Income =$16,100---- B
Explanation:
Depreciation expense using straight line = Cost - Salvage life / Useful life
($
161, 000 - $7000) / 4
=$154,000 / 4
=$38,500
Annual Net Income to calculate the accounting rate of return= Annual Cash flow - Depreciation
= $54,600 - $38,500
=$16,100
Answer:
Of course Jo-Anne Roberts can keep the apartment.
Explanation:
Jo-Anne and the previous owner of the apartment had a valid contract by which Jo-Anne was to pay $3.7 million for the apartment. She has already partially completed her performance on the contract, so the seller must perform his part of the contract.
Answer:
$200,000,000
Explanation:
Given that:
Amount of securities purchased = $10 million
Desired reserve ratio = 0.05
The bank's excess reserve :
Money multiplier * amount of securities purchased
Money multiplier = 1 / reserve ratio
Money multiplier = 1 / 0.05 = 20
Excess reserve = 20 * $10,000,000
Excess reserve = $200,000,000
