Answer:
A net income decrease of $130900 will occur by eliminating the mountain bike division.
Explanation:
Find the attachment
Answer:
Explanation:
Cost of machine - $80000
Useful life - 5 years
Salvage value -$5000
Depreciable amount = 80000-5000= 75000
Annual depreciation = 75000/5 = 15000
Year DR Accum Dep
Cost 8000
1 Depreciation 15000 15000
2 Depreciation 15000 30000
Year 3 Depreciation 15000 45000
Year 4 Depreciation 15000 60000
Year 5 Depreciation 15000 75000
Financial statement template
Balanced sheet
Cash asset + Non cash asset = liabilities + Equity
Cash asset + 65000 = liabilities + equity
Income statement
Revenue - expenses = Net income
Revenue - 15000 - Net Income
Answer:
c. Credit to Finished Goods Inventory
e. Debit to Raw Materials Inventory
Please remind me if one of them is correct or wrong or if both are wrong/correct
Explanation:
Explanation:
I have provided the code below which is producing the correct answers. Answers are verified by actual answers from calculator.
I have used a for loop for fast calculation and print.
ANSWER CODE:
population = 312032486;
seconds = 365*24*60*60;
births = seconds//7;
deaths = seconds//13;
immigrations = seconds//45;
years = {1,2,3,4,5}
change_in_pop = births - deaths + immigrations;
for val in years:
new_population = population + val*(change_in_pop)
print("The population after " + str(val) + " years is " + str(new_population)+"\n")
