1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anit [1.1K]
3 years ago
5

A 4-year project has an annual operating cash flow of $54,000. At the beginning of the project, $4,500 in net working capital wa

s required, which will be recovered at the end of the project. The firm also spent $22,900 on equipment to start the project. This equipment will have a book value of $4,860 at the end of the project, but can be sold for $5,820. The tax rate is 40 percent. What is the Year 4 cash flow
Business
1 answer:
Schach [20]3 years ago
8 0

Answer:

$64,704

Explanation:

Year 4 cash flow = operating cash flow + non operating cash flow

non operating cash flow = salvage value + net working capital - tax(Salvage value - book value)

$5,820 + $4,500 - 0.4($5,820 - $4,860) = $10,704

$10,704 + $54,000 = $64,704

You might be interested in
Cinnamon Corp. started business in 2007, uses a periodic inventory system and uses the weighted average cost method. During 2007
Nesterboy [21]

Answer:

€4,883,000

Explanation:

The computation of cost of sales is shown below:-

Inventory = 35,000 ÷ €12

= 2,917 units

Weighted average cost of inventory

= (2,917 × €12) + (35,000 × €14)

=  €35,004 + €490,000

= €525,004

So weighted average cost = €525,004 ÷ €40,833.33

= €12.85

So, cost of sales = weighted average cost × sold units

= €12.85 × 38,000

= €4,883,000

3 0
3 years ago
Supply chain management systems are one type of ________ because they automate the flow of information across company boundaries
AlexFokin [52]

Answer:

inter-organizational system

Explanation:

An inter-organizational system refers to the network amongst organizations, or "sharing communications system between such a number of companies." The most common method of inter-organizational systems is electronic communications exchange, which allows for the immediate desktop-to-computer transmission of information.

The inter-organizational rules allow knowledge exchange to be streamlined between companies in terms of achieving a planned supply-chain management structure that allows profitable businesses to evolve. It facilitates customer needs planning and products and services distribution.

4 0
2 years ago
Assume that on July 1, 2018, Togo's Sandwiches issues a $2.97 million, one-year note. Interest is payable at maturity.
allsm [11]

Answer:

7% interest at Cec-31 for 6 months:

Dr Interest  expense(7%*$2,970,000*6/12) $ 103,950

Cr Interest payable                                                          $103,950

9% interest at Sept 30 for 3 months:

Dr Interest  expense(9%*$2,970,000*3/12) $66,825

Cr Interest payable                                                          $66,825

6% interest at Oct 31 for 4 months:

Dr Interest  expense(6%*$2,970,000*4/12) $ 59,400

Cr Interest payable                                                          $59,400

8% interest at Jan 31 for 7 months:

Dr Interest  expense(8%*$2,970,000*7/12) $138,600  

Cr Interest payable                                                          $ 138,600

Explanation:

The rationale for debiting interest expense is that is an expense account and increase in expense is normally debited to expense account while interest payable account is credited as the interest obligations are yet discharged by a way of paying cash to investors

5 0
3 years ago
Suppose Troutsville (population of 4) wants to put on a firework display. Leslie would get $40 worth of benefit, Mark would get
nasty-shy [4]
I think that the answer is A but i have no clue i’m so sorry :(
3 0
2 years ago
Field Farms and Gourmet Restaurant enter into a contract for a sale of produce. After Field Farms ships the lettuce but before t
Mkey [24]

Answer: D.) Regardless of the quantity.

Explanation: Declaration of bankruptcy is usually triggered by an organization or company in debt, declaring bankruptcy involves a legal process whereby the organization in question is examined and researched by evaluating it's liabilities and assets, so that they can seek relief from their debt. Once the buyer, gourmet declares bankruptcy, the contract between both companies can be terminated in transit regardless of the quantity of goods demanded, this is because gourmet declaring bankruptcy means the company will almost certainly be unable to pay for the demanded goods.

5 0
3 years ago
Other questions:
  • A few years ago, in order to gain market share, Blackboard™, a well-known learning management system software company used by ma
    10·1 answer
  • Which chart type is the best candidate for emphasizing sales trends over a period of 6 months?
    11·1 answer
  • 6. Covered versus uncovered interest arbitrage On June 5, Ginny, an American investor, decided to buy six-month Treasury bills.
    6·1 answer
  • Kayak Co. budgeted the following cash receipts (excluding cash receipts from loans received) and cash payments (excluding cash p
    15·1 answer
  • Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cum
    10·1 answer
  • Becky had net credit sales in 2020 of $2,000,000. At December 31, 2020, before adjusting entries, the balances in selected accou
    5·1 answer
  • And i oop.................
    14·2 answers
  • You are the marketing officer for either a large hotel or a car dealer. Produce a report for
    7·1 answer
  • What is the first step in setting up a budget? (1 point)
    14·1 answer
  • under a - or lump-sum, agreement, the contractor agrees to perform all work specified in the contract at a known cost.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!