Answer:
3.79 years
Explanation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $117,200
In year 1 = $53,000
In year 2 = $21,500
In year 3 = $26,500
In year 4 = $20,500
In year 5 = $23,000
If we sum the first 3 year cash inflows than it would be $101,000
Now we deduct the $101,000 from the $117,200 , so the amount would be $16,200 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $20,500
So, the payback period equal to
= 3 years + $16,200 ÷ $20,500
= 3.79 years
In 3.79 years, the invested amount is recovered.
Answer:
P = 3q^2 - 20q + 30 for prices above $5.
Explanation:
Supply curve is rising Marginal cost
Answer:
$8,925
Explanation:
Calculation of simple Interest is by the formula
I= P x r x t
Where I = Interest
p= principal
r= interest rate
t= time in years
In this case
I=$4016.25
p=???
r= 9% or 0.09
t=5 year
Therefore;
$4016.25= P x 0.09 x 5
$4016.25 = P0.45
P=$4016.25/0.45
P=$8,925
The principal is $8,925
Answer: 1. Goodwill
2. a. Record no entry in the books
b. Record a loss in the books
Explanation:
1. The Special asset created by Heartland Telecom's acquisition of Surety Wireless is Goodwill.
Goodwill is the difference between what the company was worth and what it was purchased for if the purchase price was higher than the worth (market value).
2. a. Goodwill should be accounted for by recoding it in the Long term Assets under Intangible Assets in the balance sheet. It should not be amotrized. If Goodwill increases, there should be no recording this <u>gain</u> on the books.
b. If the value of the asset has decreased, Heartland should record a loss in the books to represent the loss on this account.
Answer and Explanation:
The classification is as follows:
Under Materials activity
Opening balance of Raw materials inventory
Purchase of the Raw materials purchases
Under Production activity:
OPening balance of Work-in process inventory
Raw material used
Direct labor used
Factory overhead used
Under Sales activity:
Goods manufactured
In this way it should be categorized
Hence, the same should be relevant
