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Cloud [144]
3 years ago
7

1. Jamestown Ltd. currently produces boat sails and is considering expanding its operations to include awnings for homes and tra

vel trailers. The company owns land beside its current manufacturing facility that could be used for the expansion. The company bought this land ten years ago at a cost of $250,000. Today, the land is valued at $420,000. The grading and excavation work necessary to build on the land will cost $14,000. The company currently owns some unused equipment valued at $60,000. This equipment could be used for producing awnings if $5,000 is spent for equipment modifications. Other equipment costing $780,000 will also be required. What is the amount of the initial cash flow for this expansion project?
Business
1 answer:
worty [1.4K]3 years ago
3 0

Answer:

$1,285,000

Explanation:

Initial cash flow is the amount of money paid out or received at the start of a project or investment.

The initial cash flow for the project is calculated as = $425,000 + $15,000 + $60,000 + $5,000 + $780,000 = $1,285,000.

You might be interested in
"In the summer 2012 the lobster catch in Maine was especially large, but instead of celebrating the fisherman were suffering fro
34kurt

Answer:

Inelastic

Explanation:

The inelastic demand means the demand of the product does not vary when there is much change in the price. Let us assume that if the price is increased by 20% so the demand decreased only by 1% so here we can said there is inelastic demand

Also due to increased in the supply, the demand does not increased that much. So if the price is decreased so the demand does not respond due to which the total revenue comes down

So as per the given situation, having the large quantity caught the revenue is decreased so here the demand should be considered inelastic

4 0
3 years ago
A company reported total equity of $161,000 at the beginning of the year. The company reported $226,000 in revenues and $173,000
Bond [772]

Answer:

$314,000

Explanation:

The computation of total assets is shown below:-

Total equity = $161,000

Revenue = $226,000

Expenses = $173,000

Liabilities at the end of the year = $100,000

Income of the year = $226,000 - $173,000

= $53,000

Total assets of the company at the end of the year = (Total Stock Holders Equity) + Total Liabilities

=(Total equity at the beginning of the year + Income for the year ) + Liabilities at the end of the year

= $161,000 + $53,000 + $100,000

= $314,000

3 0
3 years ago
A buy class situation affects buying center tendencies in different ways. If there are many people involved, the problem definit
Natasha2012 [34]

Answer:

A) new buy

Explanation:

A new buy situation is basically when you have to purchase a product or service for the first time. Since the company hasn't purchased this product or service before, the buying team will have to define several aspects for the first time and that takes time (e.g. potential vendors, different product qualities, etc.). There is no precedent buying situation, so the entire process must be completed.

7 0
3 years ago
Carol has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. Her
Anna35 [415]

Answer:

To be a manager, Carol has to do some activities:

Controlling, organizing, planning and leading.

8 0
3 years ago
Which of the following jobs is referred to as a trade?
Tpy6a [65]
Carpentry

Hope that helps! :)
3 0
3 years ago
Read 2 more answers
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