Answer:
6.71 years
Explanation:
we need to determine the PVIFA for 8% and 10 periods:
PVIFA = [1 - 1/(1 + i)n ] / i
PVIFA = [1 - 1/(1 + 0.08)¹⁰ ] / 0.08 = 0.5368 / 0.08 = 6.71
Ataxia's payback period should be 6.71 years or less in order for this project to be feasible and accepted.
Answer:
Cash Anders received from the sales of equipment was $37,000
Explanation:
The equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000
In Anders Company
The carrying amount of the equipment = book value of equipment = $40,000
The equipment was sold at a loss of $3,000. Therefore:
The carrying amount of the equipment - Sales price (Cash Anders received from the sales) = $3,000
Cash Anders received from the sales = The carrying amount of the equipment - $3,000 = $40,000 - $3,000 = $37,000
Answer and Explanation:
dividing the cost of goods sold by average inventory
What is the difference between a horizontal merger and a vertical merger?
A vertical merger is one in which a firm or company combines with a supplier or distributor, while a horizontal merger is when two companies competing in the same market merge or join together. Or u can also u this one... Merger-a combination of two companies
horizontal-combo of firms competing in the same market with the same good or service
vertical-the combo of two firms involved in different states of producing the same good or service
conglomerates-business combo merging more than three businesses that make unrelated products
Answer:
The shoe store b.) Has breached the implied warranty of fitness for a particular purpose and is required to refund Ralph's money or exchange the shoes.
Explanation:
In Contract law, an implied is a presumed assurance made in the sale of products or real property, due to the circumstances of the sale.
These assurances are based on the interaction between the buyer and the seller characterized as warranties irrespective of whether the seller has expressly promised them orally or in writing.
They include:
• An implied warranty of fitness for a particular purpose,
• An implied warranty of merchant-ability for products,
• An implied warranty of workmanlike quality for services, and
• An implied warranty of habitability for a home.
An implied warranty of fitness for a particular purpose is a warranty implied by law that if a seller knows or has reason to know of a particular purpose for which some item is being purchased by the buyer, the seller is guaranteeing that the item is fit for that particular purpose.
