Answer:
her total assets are $422,000
Explanation:
The computation of the total assets is shown below:
Jasmine Smith's total assets is
= Worth of condo + Value of car + Miscellaneous assets + Mutual fund investment
= $340,000 + $27,000 + $8,500 + $46,500
= $422,000
hence, her total assets are $422,000
We simply applied the above formula so that the correct amount could come
Answer:
Secured loan is as below
Explanation:
A secured loan is money that you borrow by offering an asset as collateral. The lender will hold on the asset until the full loan amount is paid back. A secured loan is a good option when borrowing a large amount of money. It attracts low-interest rates.
Lenders consider secured loans less risky because the customer provides a valuable asset as a back-up should they fail to repay. Homes and land are the most common properties used as collateral for secured loans.
Answer:
The answer is $1,402,000
Explanation:
Cost of an asset is the total cost of acquiring and asset plus the cost incurred in bringing the asset to a working condition e.g cost of transporting the asset to factory, cost of installation etc.
Cost of the machine is:
Cost of acquisition $4,000,000
Cost of installation. $10,000
Building a clean room. $3,000,000
Total cost is. $7,010,000
No salvage value
Useful life is 5 years
Cost of depreciation using the straight-line method is
(cost of the asset - salvage value) ÷ number of useful life
$7,010,000 ÷ 5
= $1,402,000
Cash flows from investing do not include cash flows from : Borrowing.
<h3><u>
Explanation:</u></h3>
The cash flows either inward or outward of any company refers to the Cash flow from investing activities. The long term usage of cash will be considered under this. The investing activities includes the following such as purchasing a fixed asset, selling a fixed asset. These assets includes any property, plants, equipment,etc.
The cash flows are associated with the generation or spending of amount in the investing activities. This is a section that is included in the cash flow statement of an organisation. Thus, the cash flows for investing activities will not include the cash flows from Borrowing.
Answer:
He would receive $15 under incentive plan.
Explanation:
The given values are:
Average observed time
= 280 seconds per unit
Performance rating
= 105%
i.e.,
= 1.05
Allowance factor
= 13%
i.e.,
= 0.13
So,
⇒ 
On putting the estimated values, we get
The available time will be:
= 
= 
Now,
The Standard production per day will be:
= 
= 
= 
Since he generates 100 units, he consumes about 15(00-85,22) units per day well above normal production.
So that he's going to get:
= 
= 
($)
