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Dmitry_Shevchenko [17]
3 years ago
9

Breeze Inc. receives payment of $800,000 for 4 wind turbines that were delivered and invoiced on credit in the previous month. H

ow would this receipt impact the accounting equation of Breeze Inc.?
Business
1 answer:
just olya [345]3 years ago
3 0

Answer:

No impact on accounting equation of Breeze Inc.

Explanation:

Account equation: Asset = Liabilities + Shareholders' equity

Upon delivery and invoicing of the 4 wind turbines, the Breeze Inc. had recognized following journal entry:

An asset is recorded

Accounts receivable (Debit)

Sales (Credit)

Upon receipt of cash, accounts receivable is credited and cash is credited e.g. there is no impact on total assets, therefore there is no impact on accounting equation.

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what is the present value of the following cash-flow stream if the interest rate is 6%? note: do not round intermediate calculat
Anettt [7]

The present value of the cash-flow stream if the interest rate is 6% is $323.03.

<h3>What is the interest rate?</h3>

The interest rate can be defined as the amount or the percentage that is being fixed or fluctuating depending upon the condition of the agreement. The interest is calculated on the amount that is being loaned or given to the individual or a company.

According to the given question, the interest rate is 6%

1st year $120

2nd year $320

3rd year $220

Now, by applying the formula for the present value:

\rmPV = \dfrac{fv}{(1 + r)^t}

\dfrac{120}{1.06} +  \dfrac{320}{(1.06)^2} + \dfrac{220}{(1.06)^3}

= 113.20 + 284.96 + 184.87

= 323.03

The present value of the cash flow stream is $323.03

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7 0
1 year ago
Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current
AlekseyPX

Answer: $‭412,600‬

Explanation:

AFN = Increase in assets - Increase in Liabilities - Addition to Retained Earnings

Increase in Assets

= 5,000,000 *  15%

= $750,000

Increase in Liabilities

Only use Accruals and Accounts Payable

= (450,000 + 450,000) * 15%

= $135,000

Additional to Retained Earnings

= After tax Profit

= 9,200,000 * 4%

= $368,000

Addition to retained earnings = 368,000 * ( 1 - payout ratio)

= 368,000 * ( 1 - 45%)

= $202,400‬

Additional Funds Needed (AFN) = 750,000 - 135,000 - 202,400

= $‭412,600

8 0
3 years ago
Refer to the payoff matrix. bob's burgers and sam's sandwiches are competing restaurants in a small town. both are considering a
tamaranim1 [39]

Answer:

the correct answer is the option D: neither firm has a dominant strategy

Explanation:

To begin with, if both firms decides to add pizza to their menu then they both will be competing with that new item in the market and therefore that none of them will be dominant due to the fact that both are now producing and selling the good. Moreover, it is not a nash equilibrium due to the fact that it is not stated if the players know the other one strategy and even though that the best strategy to take in order to establish one's dominance is to add pizza to the menu, what happens here is that both take that strategy making it in a situation where both tried their best to improve their situation and ended up using the same strategy.

3 0
3 years ago
A co-worker has filed a document where you can access it if needed. This allows you to:
marin [14]

The filing of a document by a co-worker allows one to copy the document in case of an emergency, so both the person and the supervisor will be able to access it.

<h3>What is a document?</h3>

A piece of paper containing a material information, whether legally registered or not, is known as a document. However, as the times have evolved, a document can also be in an electronic form, other than paper.

Hence, option A holds true regarding the document of the co-worker.

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7 0
2 years ago
What does written business communication skills include?
Ksju [112]
Grammar,Spelling and punctuation.Correct grammar, punctuation and spelling are key in written communications. The reader will form an opinion of you, the author, based on both the content and presentation, and errors are likely to lead them to form a negative impression.
6 0
3 years ago
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