1-4 weeks or less to make your own business.
Answer:
$1.92 million
Explanation:
The value of the subsidy per year = $12,000,000 x 3% = $360,000
Now we have to find the present value of the cash flows using an excel spreadsheet and the net present value function =NPV(discount rate,series of cash flows)
discount rate = 10% (market rate)
cash flows = 8 cash flows of 360,000 each
=NPV(10%,360000,360000,360000,360000,360000,360000,360000,360000) = $1,920,573 ≈ $1.92 million
Answer:
The answer is A. allow another person to negotiate their salary.
Explanation:
Answer:
a. Weighted-average unit cost = $9.092
b. We have:
Ending inventory at May 31 using the FIFO method = $290
Ending inventory at May 31 using the LIFO method = $232
Ending inventory at May 31 using the average-cost method = $264
Explanation:
a. Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
Weighted-average unit cost = Total Cost of units of inventory available for sale / Total units of units of inventory available for sale = $891 / 98 = $9.092
b. Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e.g. 125.)
Ending inventory in units = Total units of units of inventory available for sale – Units sold = 98 - 69 = 29
Therefore, we have:
Ending inventory at May 31 using the FIFO method = Ending inventory in units * Unit cost of purchases on May 24 = 29 * $10 = $290
Ending inventory at May 31 using the LIFO method = Ending inventory in units * Unit cost of inventory on May 1 = 29 * $8 = $232
Ending inventory at May 31 using the average-cost method = Ending inventory in units * Weighted-average unit cost = 29 * $9.092 = $264
Answer and Explanation:
The computation of missing amounts is shown below:-
As we know that
Times Interest Earned Ratio = EBIT ÷ Interest Expense
So it can be write as
Interest Expense = EBIT ÷ Times Interest Earned Ratio
= $3,500,000 ÷ 5
= $700,000
Now
EBT is
= EBIT - Interest Expense
= $3,500,000 - $700,000
= $2,800,000
Now
Tax = 35% of EBT
= 0.35 × $2,800,000
= $980,000
After that
Net Income is
= Earning Before Tax - Tax
= $2,800,000 - 980,000
= $1,820,000
Also,
Profit Margin = Net Income ÷ Sales
So it can be written as
Sales = Net Income ÷ Profit Margin
= $1,820,000 ÷ 16%
= $11,375,000
And,
EBITDA = Sales - Cost of Goods Sold
= $11,375,000 - $6,000,000
= $5,375,000
Now
EBIT = EBITDA - Depreciation & Amortization
So, it can be written as
Depreciation & Amortization = EBITDA - EBIT
= $5,375,000 - $3,500,000
= $1,875,000
