Answer: a. $120,000
b. $6,000
c. Yes
Explanation:
a. It is said that the collection centres would help reduce the collection time by 2 days and that every day $60,000 comes in.
If the proposal will reduce the amount of time taken to collect by 2 days then that means that the amount freed up is the amount that they would have collected in two days had it not been for the system.
That amount would be,
= $60,000 * 2
= $120,000
b. If they used this free up cash to pay off a debt that was accumulating 5% per year then the 5% will be saved.
The amount saved therefore is,
= 120,000 * 5%
= $6,000
By retiring a $120,000 that was accruing $6,000 a year, the proposal has enabled that $6,000 to be saved instead.
c. The cost of implementing this proposal is $5,200 per year and yet the savings it gives in interest is $6,000.
As the savings are higher than the cost, the number definitely suggest that the project should be implemented because it is more beneficial than it costs.
Answer:
Marcus should control his emotions
Explanation:
It is natural for Marcus to become angry because of Amy's action. Nonetheless, as team member, he will need to control himself, to be effective as such. Lest such furiosity turn out to become a chaos in a work environment and hinder efficiency, consequently frustrating the aim of the team.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Windsor, Inc. made three purchases of merchandise in the following sequence:
(1) 400 units at $5,
(2) 500 units at $7
(3) 600 units at $8.
Total units= 1,500
Assuming there are 300 units on hand at the end of the period, compute the cost of the ending inventory.
A) FIFO (first-in, first-out)
Inventory= 300*8= $2,400
B)LIFO (last-in, first-out)
Inventory= 300*5= $1,500
Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.
<h3>What does the check say?</h3>
The check notes that Hope's retirement contribution is not included in her federal taxable income.
This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.
Find out more on retirement contributions at brainly.com/question/6806179.
