Answer:
Each will receive:
Gary: $ 16,400
Bill: $24,600
Carmella: $ 41,000
Explanation:
The profit is shared according to the ratios of their investment as per below calculations:
Gary: $82,000×2/10 = 16,400
Bill: $82,000*3/10 = 24,600
Carmella $82,000 *5/10 = 41,000
Answer:
$850
Explanation:
Data provided in the question:
Initial investment = $15,000
Expected annual net cash flows over four years, R = $5,000
Return on the investment = 10% = 0.10
Present value of an annuity factor for 10% and 4 periods, PVAF = 3.1699
The present value of $1 factor for 10% and 4 periods = 0.6830
Now,
Net present value = [ R × PVAF ] - Initial investment
= [ $5,000 × 3.1699 ] - $ 15,000
= $15,849.50 - $ 15000
= $849.50 ≈ $850
Answer:
d. Design utilization is 66%.
Explanation:
If the clinic gave flu shots to 330 seniors over ten hours, that's an average of 33 seniors per hour, comparing to the design capacity and effective capicity gives:
Therefore, Design utilization is 66% and Effective utilization is 75% so the answer is D.
Answer:
supplies 770* debit
office equipment 1,820 debit
cash 460 credit
accounts payable 2,130 credit
-- to transfer subsidiary purchase book into journal --
Explanation:
we will do a single entry for the whole purchases of the month.
we add the supplies purchases:
*supplies purchases:
Apr 4 460
Apr 16 120
Apr 19 <u> 190 </u>
770
We calcualte the accoutn payable balance:
account payable:
770 supplies purhcase + 1,820 equipment purchase - 460 payment = 2,130
then cash used for 460
and equipment purchase for 1,820
the purchases assets goes into debit side
while the account payable and the cash used on credit
Answer: See explanation below
Explanation: an increase in the wage costs of steel mills would equate to an increase in the cost of production of steel. This would lead to a corresponding increase in the price of steel as the supply curve moves to the left. If costs go up (wages), less would be produced, sellers are less inclined to supply the same quantity at the current price and this is what shifts it to the left.
