Answer:
$7,213.40
Explanation:
The computation of the net present value is shown below:
= Present value of all yearly cash inflows after applying discount factor - initial investment
where,
Initial investment is $50,000
And, the present value till 3 year would be
= Annual cash flows × PVIFA factor for 3 years at 12%
= $18,000 × 2.4018
= $42,232.40
And, the present value for fourth year would be
= Annual cash flows × present value factor
= $22,000 × 0.6355
= $13,981
So, the total present value would be
= $43,232.40 + $13,981
= $57,213.40
Since the annual cash flows are same for the three years so we use the PVIFA table
Refer to the PVIFA table
Now put these values to the above formula
So, the value would be equal to
= $57,213.40 - $50,000
= $7,213.40
Answer:
Explanation:
1. The journal entries are shown below:
On December 1
Cash A/c Dr $1,260
To Deferred Service Revenue $1,260
(Being cash is received)
On December 31, 2016
Deferred Service Revenue $420 ($1,260 ÷ 3 months)
To Service revenue $420
(Being service revenue is recorded)
2. Income statement
Earned income from car washing services $420
Balance sheet
Assets
Cash $1,260
Liabilities
Deferred Service Revenue $840 ($1,260 - $420)
Answer: Option D
Explanation: In simple words, controlling refers to the function of management in which manager sets the standards of performance, compares the performance with the standards and take corrective actions in case of any discrepancy.
Controlling helps the organisation to achieve its goals by making the employees working towards the same goal determined in the planning stage. Controlling sets the standards of performance for the employees which works as a guide in their job.
Hence the correct option is D.
Answer:
The correct answer is D: Manufacturing overhead= $45500
Explanation:
Giving the following information, we need to calculate the amount of manufacturing head.
Direct labor= $11000
Direct labor is 40% of prime costs
Total manufactured cost is= $73000
First, we need to calculate the direct material:
Prime cost= direct material + direct labor
If direct labor is 40% of prime costs, then:
Direct material=(11000*60/40=16500
Now, the manufactured cost formula is:
Manufactured cost= direct material + direct labor + manufacturing overhead
By rearranging the formula:
<u>Manufacturing overhead= Manufactured costs - direct material - direct labor= 73000- 16500-11000=$45500</u>
If the product owner is not available during a sprint it will most likely to result in: <span>The Sprint is abnormally terminated
In business term, sprint planning is a meeting between facilitator , development team, and a product owner that conducted in order to bring a product quickly into the market.
If the product owner is absent, the facilitator and the development team wouldn't have enough information about the product which may cause the sprint to be cancelled/terminated</span>
