Why is it important to be fiscally responsible?

The following selected transactions were completed during March of the current year: March 1 Billed customers for fees earned, $

Tcecarenko [31]

Answer:

The following selected transactions were completed during March of the current year: March 1 Billed customers for fees earned, $54,100. 4 Purchased supplies on account, $1,250. 8 Received cash from customers on account, $43,800. 11 Paid creditors on account, $600.

Explanation:

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6 0

2 years ago

The Sausage Hut is looking at a new sausage system with an installed cost of $187,400. This cost will be depreciated straight-li

Nookie1986 [14]

Answer:

$6,508.54

Explanation:

Calculation for what is the NPV of this project

First step is to calculate the operating cash flow (OCF).m

Operating Cash Flow = $69,000 (1 - .34) + ($187,400 /4)(.34)

Operating Cash Flow = $69,000 (0.66) + ($46,850)(.34)

Operating Cash Flow=$45,540+$15,929

Operating Cash Flow= $61,469

Now let calculate the Net present value (NPV)

Net Present Value= -$187,400 -9,000 + ($61,469 ×{1 - [1 / (1 + .12)^4]} / .12) + {$9,000 + [$25,000 × (1 - .34)]} / (1 + .12)^4

Net Present Value= -$187,400 -9,000 + ($61,469 ×{1 - [1 / (1.12)^4]} / .12) + {$9,000 + [$25,000 × (0.66)]} / (1.12^)4

Net Present Value= -$187,400 -9,000 + ($61,469 ×{1 - [1 / 1.57]} / .12) + {$9,000 + $16,500)]} / 1.57

Net Present Value= $6,508.54

Therefore the the NPV of this project will be $6,508.54

8 0

3 years ago

One explanation for the increase in the price of theBaltimore newspaper is the increase in the cost of newsprint. This would cau

Andreyy89

<u>Answer:</u>

D) Quantity supplied; Decrease

<u>Explanation:</u>

The newspaper will be supply most of the people would buy and read the news. Because it is necessary for all. To know about what is happening in the world. But the price is increase none of them are ready to buy it.

Nowadays people have a mobile phones which is very simple to know about what is happening. It is enough to all. So the people don't want to buy the newspaper. Hence the answer is Option D, i.e., This would cause the Quantity Supplied of Baltimore Newspapers to Decrease.

8 0

3 years ago

Selling and administrative expenses consist of $400,000 in annual fixed expenses and $2 per unit in variable selling and adminis

IgorLugansk [536]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Selling and administrative expenses consist of $400,000 in annual fixed expenses and $2 per unit in variable selling and administrative expenses. The company's product cost of $30 per unit is computed as follows. Direct materials $ 4 per unit Direct labor $ 16 per unit Variable overhead $ 4 per unit Fixed overhead ($600,000 / 100,000 units) $ 6 per unit.

We don't have the information of selling price and units sold.

Income statement:

Sales

Variable costs:

Direct material

Direct labor

Variable manufacturing overhead

Total variable cost (-)

Contribution margin

Fixed costs (-)

Net operating income

3 0

3 years ago

When the Writers Guild of America went on strike in 2007-2008, the union and studios met with a third party who helped continue

garik1379 [7]

Answer:

mediation

Explanation:

The Writers Guild of America and the film studios used a mediator when they started their negotiations. The mediator is an impartial third party that is present during the negotiations and tries to help both parties reach an agreement or settlement. The decisions taken by the mediator are not mutually binding so any party can accept or reject them. A mediator only helps to solve the problem, offers possible solutions, but shouldn't decide anything.

In order for the decisions taken by the third to be binding, the third party must be an arbitrator. In an arbitration process all parties involved must accept the decision of the arbitrator.

5 0

2 years ago