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3 years ago

3. Hidden details can be shown in drawingusing line.

1 answer:

5 0

Hidden lines in a drawing represent the edges where surfaces meet but are not directly visible. Hidden lines are omitted from pictorial drawings unless they are needed to make the drawing clear
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You wish to retire in 10 years, at which time you want to have accumulated enough money to receive an annual annuity of $13,000

nexus9112 [7]

Answer:

Computation of contribution to retirement fund

Annual payment that the investor wants to receive after retirement = 13000

Number of years after retirement = 15

Interest rate = 0.11

Value of the fund at 12th year (Use Present Value Formula) = -93,481.30

Years remaining to retirement = 10

Interest rate = 0.09

Annual contribution upto retirement (Use PMT Formula) = -14,566.27

3 0

3 years ago

Pizza International, Inc., reported the following information (in thousands): Operating Activities Net Income $ 236 Depreciation

Aleks04 [339]

Answer:

$22,640

The explanation is shown below:-

Explanation:

The computation of cash flow from operating activities using the direct method is shown below:-

Direct method

Pizza International, Inc.

Statement of cash inflow

Cash flow from operating expenses

Cash received from customers $143,777

($143,951 - $174)

Cash Paid

To suppliers ($53,773)

($45,700 - $651 + $8,724)

To salaries and wages ($56,855)

For office expenses ($7,730)

($7,785 + $668 - $723)

For income tax expenses ($2,779)

($50 + $2,729)

Net cash inflow from operating

activities $22,640

It is mainly due to no depreciation expenses for cash products. Depreciation expenses do not contribute to cash outflows. Because of which company has reported large cash inflow from operations compared to near net loss.

3 0

3 years ago

Venture capital (VC) firms are pools of private capital that typically invest in small, fast-growing companies that can't raise

sergey [27]

Answera dnd Explanation:

A. The incentive conflict in principal-agent relationship as it concerns venture capitalism is conflict between venture capitalists who are the principals and the managers of the business investment who are the agents. The conflict is that venture capitalists are put to increase value of their investment and make profit while salaried managers are only out to feel their pockets through their managerial role in the company as they do not have an interest in the company and are unaffected by the loss or failure of the company. This is known as the principal agent moral hazard issue in venture capitalism

B. By managers maintaining some ownership in the company, there us reduced conflict as managers now see a reason to make sure company succeeds since they have an interest

Venture capitalists aim to have a seat in the board to make sure managers do not take bad decisions since they are able to veto such decisions

4 0

3 years ago

Record the January 31, 2019 adjusting entry for the December 31, 2018 receipt of $3,000 from race participants for providing ser

MAXImum [283]

Answer:

Debit Unearned revenue $1,000

Credit Service revenue $1,000

Explanation:

When cash is received in advance for service yet to be provided, an asset and a corresponding liabilities are created.

The liability is then reduced as the revenue for which cash was collected in advance is earned.

Given that the December 31, 2018 receipt of $3,000 from race participants for providing services for three races. One race is held on January 31, 2019 and the other two will be held in March 2019.

Revenue from one race = 1/3 × $3,000

= $1,000

Since One race is held on January 31, 2019, entries required

Debit Unearned revenue $1,000

Credit Service revenue $1,000

Being entries top recognize revenue earned from the race held on January 31, 2019 .

4 0

3 years ago

Cliff Co. wants to purchase a machine for $42,000, but needs to earn a return of 11%. The expected year-end net cash flows are $

grandymaker [24]

Answer:

54 percent

Explanation:

3 0

3 years ago

3. Hidden details can be shown in drawingusing line.​

3. Hidden details can be shown in drawingusing line.