Answer:
$221,100
Explanation:
Given that,
Book value of equipment = $65,300
Sold at a loss = $14,000
Purchase of a new truck = $89,000
Sale of land = $198,000
Sale of Long term investment = $60,800
Cash flows from investing activities:
= Sale of Equipment - Purchase of a new truck + Sale of land + Sale of Long term investment
= ($65,300 - $14,000) - $89,000 + $198,000 + $60,800
= $51,300 - $89,000 + $198,000 + $60,800
= $221,100
Answer:
A
Explanation:
people have to make choice due to limited (opportunity cost)
A good system of internal control requires that the job order cost sheet be destroyed as soon as the job is B)False
Abc analysis is an item classification system which consists in dividing items in three categories (A,B,C), A being the most valuable and C the least valuable.
A. It can be used as a guide for allocating time and attention in inventory management, since it's easier to go for the valuable items.
B. It can be used to identify A items as primarly materials and parts that account for the highest percentage of annual dollar value, as those would be the most valuable.
C. Can be used as a guide for establishing controls in inventory management, as by categorizing you have more control of the inventory.
D. It could be used for inventory management to concentrate their time and effort on specific supply type items depending of how valuable they are.
E. Since none of the above is an exception, the answer is E.
Answer:
23.12%
Explanation:
Internal rate of return (IRR) is the rate at which the Net present value (NPV) of a project equals to zero.
Using a financial calculator and the CF function, input the following to find IRR;
Initial investment; CF0 = -1,200,000
Yr1 cashflow inflow ; C01 = 235,000
Yr2 cashflow inflow ; C02 = 412,300
Yr3 cashflow inflow ; C03 = 665,000
Yr4 cashflow inflow ; C04 = 875,000
Then key in IRR CPT = 23.119%
Therefore, the Internal rate of return this expansion is 23.12%