Answer:
$2000=Z/(1+i)^1+Z/(1+i)^2+Z/(1+i)^3
Explanation:
let Z be the annual minimum cash flow
The internal rate of approach can be used here, in other words, the rate of return at which capital outlay of $2000 is equal present values of future cash flows
In year 1, present value of cash =X/discount factor
year 1 PV=Z/(1+i)^1
year 2 PV=Z/(1+i)^2
year 3=Z/(1+i)^3
Hence,
$2000=Z/(1+i)^1+Z/(1+i)^2+Z/(1+i)^3
Solving for Z above would give the minimum annual cash flow that must be generated for the computer to worth the purchase
Assuming i, interest rate on financing is 12%=0.12
Z can be computed thus:
$2000=Z(1/(1+0.12)^1+(1/(1+0.12)^2+(1+0.12)^3)
$2000=Z*3.09497902
Z=$2000/3.09497902
Z=$646.21
Answer:
Date Account titles and Explanation Debit Credit
Dec 31 Sales return and allowance $600
Sales refund payable $600
($900 - $300)
(To record the expected refund of sales)
Answer:
Annual depreciation= $10,000
Explanation:
Giving the following information:
The total acquisition cost was $33,000. The machine has an estimated useful life of 3 years and a salvage value of $3,000.
To calculate the depreciation expense under the straight-line method, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (33,000 - 3,000)/3
Annual depreciation= $10,000
A student lost group health care coverage under his or her parent's employer group plan due to the parent leaving the job is<u> eligible to continue.</u>
A worker organization is a subdivision of a personnel Subarea that determines blessings based on hours labored. A worker Subgroup is a subdivision of a worker organization, that defines eligibility for pay rates; for instance, positive activity families which have unique weekday and weekend alternatives. employee agencies.
The organizations exist to provide help and help in non-public or career development and to create a secure area in which employees can convey their whole selves to the table.
Allies can also be invited to join the ERG to help their colleagues. today, in line with TopMBA, ERGs are determined in 90% of Fortune 500 coIn a piece group, group individuals are unbiased from each other and feature personal responsibility. however, in a group, group members share mutual accountability and paint carefully together to clear up problems.
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The cost of goods sold under FIFO is calculated by taking the cost per unit for the first 3,200 units purchased.
<h3>What is
FIFO?</h3>
FIFO is an acronym for first in, first out, a method for organizing the manipulation of a data structure in which the oldest entry, or "head" of the queue, is processed first.
FIFO is based on the natural flow of inventory (oldest products are sold first, with accounting going by those costs first). This simplifies bookkeeping and reduces the possibility of errors. Reduced waste (a company truly following the FIFO method will always be moving out the oldest inventory first).
To calculate FIFO (First-In, First-Out), multiply the cost of your oldest inventory by the amount of inventory sold, whereas to calculate LIFO (Last-In, First-Out), multiply the cost of your most recent inventory by the amount of inventory sold.
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