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pav-90 [236]
4 years ago
7

On December 31, 2018, Perry Corporation leased equipment to Admiral Company for a five-year period.

Business
1 answer:
Delvig [45]4 years ago
8 0

Answer:

Perry's earnings will be increased by $21,000 due to this lease.

Explanation:

Increase in earning is the difference of price of the lease and the cost incurred for the lease of asset.

Fair value$155,000

Cost = $134,000

Profit on sale = $155,000 - $134,000

Profit on sale = $21,000

As equipment was leased on December 31 So, no interest is earned in year 2018. $21,000 will be added to the earnings of Perry in 2018 due to this lease.

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A small craft store located in a kiosk expects to generate annual cash flows of $6,800 for the next three years. At the end of t
Dafna11 [192]

Answer:

The monetary value is $24,201.23

Explanation:

Giving the following information:

Cash flows:

Year 1= $6,800

Year 2= 6,800

Year 3= 6,800

Year 4= $15,000.

The discount rate is 15 percent.

We need to discount each cash flow to the present value:

PV= FV/(1+i)^n

Year 1= 6,800/1.15= 5,913.04

Year 2= 6,800/1.15^2= 5,141.78

Year 3= 6,800/1.15^3= 4,471.11

Year 4= 15,000/ 1.15^4= 8,576.30

Total= $24,201.23

6 0
3 years ago
At its simplest, acquisition management can be viewed as:
Goryan [66]

Answer:

The correct answer is letter "D": project management plus operations management.

Explanation:

Acquisition management refers to all the efforts a company makes to obtain the materials necessary for the operations process stage to take place. Labor, land, and equipment are the main factors that the company must acquire to make its project become true. Under that scenario, project management and <em>operations management </em>are the core of the <em>acquisition management</em>.

3 0
3 years ago
What seems to be the main source of conflict between supervisors and the HR department at Sands Corporation? Explain.
Cloud [144]

Answer:

The main source of conflict that occured between the supervisors and the HR departments at Sand Corporation was the division of power that occurred between the Supervisors and the HR departments

Explanation:

The main source of conflict between the supervisors and the HR departments at Sand Corporation was the division of power that occurred between the Supervisors and the HR departments reason been that the supervisors feel that the power and authority that should have been with them or vested on them for hiring, compensation, appraisal, as well as training and pay increases has been appropriated and carried out by the HR departments.

WHILE the HR managers or HR departments on the other hand want to keep the authority to themselves because they believed and known that authority is a source of power.

4 0
3 years ago
Production Budget
Yakvenalex [24]

Answer:

Stillwater Designs

<u>Production Budget for S12L7 </u>

For the Year Ended December 31, 20X1

                                                     1st Qtr.       2nd Qtr.      3rd Qtr.      4th Qtr.

Sales                                              1,120           3,080         7,840          6,440

Desired ending inventory              616            1,568          1,228            252

Total needs                                   1,736           4,648         9,068          6,692

Less: Beginning inventory             (340)          (616)          (1,568)         (1,228)

Units produced                           1,396            4,032        7,500           5,464

Stillwater Designs

<u>Production Budget for S12L5 </u>

For the Year Ended December 31, 20X1

1,680

                                                    1st Qtr.         2nd Qtr.      3rd Qtr.       4th Qtr.

Sales                                              1,820            1,960          7,420           5,460

Desired ending inventory               588           2,220           1,638              504  

Total needs                                   2,408           4,180            9,058          5,964

Less: Beginning inventory              (170)              (588)          (2,220)        (1,638)

Units produced                            2,238           3,592            6,838         4,326

Explanation:

Production Budget shows the quantities of finished goods that must be produced to meet expected sells plus any increase of inventory levels that might be required.

8 0
4 years ago
A company produces a single product. Variable production costs are $13.20 per unit and variable selling and administrative expen
Alex Ar [27]

Answer:

the ending inventory is $13,200

Explanation:

The computation of the dollar value of the ending inventory under variable costing is shown below:

= Variable production cost per unit × difference in units

= $13.20 per unit × (5,200 units - 4,200 units)

= $13.20 per unit × 1,000 units

= $13,200

hence, the ending inventory is $13,200

5 0
3 years ago
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