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defon
3 years ago
5

n the cash flow information for the Ping Kings project, Ping spent $300,000 for research and development of the golf clubs. Ping

's tax rate is 40%. How much of this cost should be included in the initial (t = 0) cash flow for this project
Business
1 answer:
Gre4nikov [31]3 years ago
6 0

Answer: C. $0

Explanation:

When including initial costs in a project's cash-flow, the relevant costs are those that henceforth will be spent on the project. Sunk costs are not to be included because they have already been incurred and cannot be recovered.

Research and Development costs have already been incurred and so are sunk costs. Hence they are not to be included in the initial cash-flow for the project.

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If actual sales totaled $500,000 for the current year (40,000 units at $12.50 each) and planned sales were $495,000 (45,000 unit
irina [24]

Answer: <u>The answer is A. $60,000 increase.</u>

<u />

Explanation: 1: The actual units sold multiplied by the budgeted sale price is equal to a total of $440000 (40000 x 11 = $ 440000)

2: The actual units sold multiplied by the actual sale price is equal to $500000 (40,000 x 12.5 = $ 500,000)

3:<u> $500000 - $440000 = </u><u>$60000</u><u> increase by the unit price factor.</u>

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4 0
3 years ago
The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:
Dvinal [7]

Answer:

1. $132,600

2. $7,700

3. $25,600

Explanation:

1. Calculation to determine Total current assets

First step is to calculate the Current liabilities using this formula

Current liabilities = salaries payable + accounts playable + accrued interest

Let plug in the formula

Current liabilities= 19000 + 58000 + 1000

Current liabilities= 78000

Now let calculate the Total current assets using this formula

Total current assets = current ratio * current liabilities

Let plug in the formula

Total current assets = 1.7* 78000

Total current assets = $132,600

Therefore Total current assets is $132,600

2. Calculation to determine Short-term investments

Using this formula

Short term investments = Current assets - [cash + accounts receivables + inventory]

Let plug in the formula

Short term investments = 132,600 - [6900 + 39,000 + 79,000]

Short term investments = $7,700

Therefore Short term investments will be $7,700

3. Calculation to determine the Retained earnings

Using this formula

Current assets + fixed assets = Current liabilities + Long term liabilities + paid in capital + retained earnings

Let plug in the

132,600 + 215,000 = 78,000 + 49,000 + 195,000 + Retained earnings

347,600 = 322,000 + retained earnings

Retained earnings = 347,600 - 322,000

Retained earnings = $25,600

Therefore Retained earnings will be $25,600

8 0
3 years ago
What is an apprenticeship?
san4es73 [151]
B. Formal training that combines classroom instruction with learning on the job.

That's how I've understood it when I took business in high school.
7 0
3 years ago
Read 2 more answers
Indicate whether the following items would appear on the income statement (IS), balance sheet (BS), or retained earnings stateme
irina [24]

Answer:

Notes Payable - Balance sheet

Advertising expense - Income statement

Common stock - balance sheet

Cash - balance sheet

Service revenue - income statement

Dividends - Statement of Retained Earnings

Explanation:

A. Notes payable will appear on Balance sheet(Under Liability)

B. Advertising expense will appear on Income statement(Under expense)

C. Common stock will appear on Balance sheet(Under Equity)

D. Cash will appear on Balance sheet(Under Asset)

E. Service Revenue will appear on Income statement(Under revenue or sales or income)

F. Dividends will appear on Statement of Retained Earnings which is the same thing as Statement of Owner's Equity

3 0
3 years ago
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Managers shift gears quickly and therefore, the average time spent on any one activity is less than _____. a. an hour b. a half
vivado [14]

Answer:

e.nine minutes.

Explanation:

A manager in an organization has a lot of responsibilities.There are a lot of employees working under the manager.So a manager is a very busy person.So they have to take care of a lot of things.

Hence Managers shifts gears very quickly so the average time spent on one activity is around nine minutes.

8 0
3 years ago
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