In the given problem the company is considering opening a plant in China which shall provide the anticipated gross profit of $4,500,000. The costs of the project include

$3,500,000 to set up the plant and $800,000 to train employees, and an additional $160,000 to build relationships with the local suppliers.

So the total cost of project is 3,500,000+800,000+160,000 = $4,140,000

Now the net benefit from the project shall be 4500,000 – 4140,000 = $360,000

Hence we can say that the benefits outweigh the costs by $360,000.

5 0

3 years ago

"Kilian Company's inventory balance at the end of the current year does not include $10,000 of inventory that was stored in a se

makvit [3.9K]

Answer:

understated assets, retained earnings, and net income

Explanation:

As in the given case, the inventory balance at the end of the year does include the $10,000 of inventory plus it also excluded from the physical count

So, if the error is not found, the effect of this error is assets are understated instead of overstated which results the retained earnings and the net income understated

4 0

3 years ago

How can supply and demand for different careers affect job stability and income? Should you think about supply and demand when c

baherus [9]

Answer:

As the demand for a certain type of jobs increase, the amount of people who are willing to supply their labor also increased. Job that are the most stable and has high payment are the types of jobs that high in demand but low in supply.

Personally, I think you should think about supply and demand when determining your career. But, you shouldn't make it your sole criteria.

Salary is important. It's provide safety for you and loved ones to fulfill your basic needs. It also allow you to follow a certain type of lifestyle. But, passion and happiness also extremely important. You need to make sure that the job that you do is not taxing your general well being. You need to find balance between the two.

7 0

3 years ago

Select an Irish good or service and state what type of market structure it operates in

Andrew [12]

Answer:

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8 0

3 years ago

Q 8.18: The financial statements of the Harrison Company report net sales of $200,000 and accounts receivable of $10,000 and $5,

Tomtit [17]

Answer:

The answer is $13.5 days

Explanation:

The average collection period for accounts receivable in days in a year is the number of days from selling goods and services on credit and the day it takes to receive cash.

It is calculated as average accounts receivable divided net sales multiply by the number of days in a year.

In the question, let's take the number of days in a year as 360days.

Average Accounts Receivable is

$10,000 + $5,000

$7,500.

Therefore, the number if days is now:

($7,500/$200,000) x 360days

=13.5 days

8 0

3 years ago