Answer:
The market value of this firm is $980,744
Explanation:
The computation of the market value is shown below:
= Current value of building + current value of building + market value of inventory + accounts receivable + cash balance - owing balance
= $1,480,000 + $507,000 + $225,000 ($450,000 × 50%) + $237,844 ($245,200 × 98%) + $10,900 - $1,480,000
= $980,744
We take the market value instead cost value, as question has asked for the market value of the firm
Answer:
A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in order to best serve clients?keep the house clean and private
Explanation:
Psychology is a branch of medicine that deals with mental health services and counselling to help assess and improve a patient's mental health state. In the recent past, mental health has become a major concern since it is very important in our social and personal life. Mental health affects how we feel, think and react to various situations in the environment. More people are taking mental health very serious as more people seek the treatments and services of psychologists. A psychologist is one who studies the mental health of people and offers treatment and counsel on how the patient can improve mentally.
Psychologists often require there patients to express their deepest mental and emotional states. This is leaves the patient vulnerable in most cases. To protect patients in such cases against vulnerability, the psychologists are often required to abide by a code of ethics such that the patient information is kept safe and secure. For a self-employed psychologist who treats his patients in an office in his own house, code of practice states that the house has to be clean and private.
<span>Let us assume Toni made 100 apple pies in 10 hours, that means 10/hour.
Now, with help of assistant she produces 60% more and work for 20% less time.
So,
[100+(60% of 100)] = 160 apple pies produced in [10-(20% of 10)]= 8 hours.
160/8 = 20/hour
So, with the help of assistant Toni's output of apple pies per hour increases by 100%.</span>
Answer:
incremental IRR 15,404%
Project A is better than project B
Explanation:
the incremental IRR will be the internal rate of return after subtracting the cashflow of the smaller project from the bigger project.
Project A Project B Difference
F0 -54500 -79400 -24900
F1 16400 0 -16400
F2 28900 48300 19400
F3 31700 42100 10400
Now, we calcualte the internal rate of return of this "differential" project:
We have a project that reuqires an investment of 24,900
Then another of 16,400 and then, we receive 19,400 and 10,400
we use excel IRR function and get -15.4035%
As the differential IRR is negative can determnate the better project which is A
