Answer:
15%
Explanation:
The computation of the internal rate of return is shown below:
Given that
Year Cash Flow
0 -$27,100
1 $11,100
2 $14,100
3 $10,100
The formula to compute IRR is
= IRR()
After applying the above formula, the internal rate of return is 15%
Answer:
The correct answer is $220,500.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the net operating cash flow by using following formula:
Net operating cash flow = Net income - ( Ending - Beginning Inventory) - ( Beginning - ending in AP)
By putting the value, we get
= $226,000 - ( $49,000 - $48,000 ) - ( $39,000 - $34,500)
= $226,000 - $1,000 - $4,500
= $220,500
Answer:
The company's operating income will increase from $8,800,000 by $350,000 to become $9,150,000
Explanation:
Detailed explanation and calculation is shown in the image below
Hi there.
I recently learned in Social Studies that services are usually intangible services. They have value, but you cannot physically touch them.
I'm also using the process of elimination. With that, I give you my best guess:
A. Because it provides support but no tangible goods.
Hope this works out for ya!
Answer:
A. Dr Cash $100,000
Cr Notes Payable $100,000
B. Dr Interest expense $1,500
Cr Interest Payable $1,500
Explanation:
a Preparation of the entry on April 1 when the note was issued.
Dr Cash $100,000
Cr Notes Payable $100,000
(To record note issued)
B. Preparation of any adjusting entries necessary on June 30 in order to prepare the semiannual financial statements
Dr Interest expense $1,500
Cr Interest Payable $1,500
($100,000 x .06 x 3/12)
