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4 years ago

Describe what would be some examples of fixed cost and variable cost on a farm?

Business

2 answers:

salantis [7]4 years ago

8 0

( >__< )

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$ $

EleoNora [17]4 years ago

4 0

Machinery repairs, property taxes, salaries for workers variable: number of workers, what crop is being produced, gas for machinery.

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Prepare an income statement for 2018 for Howell Corporation that is presented in accordance with IFRS (including format and term

melisa1 [442]

Answer:

Explanation:

3 0

3 years ago

To help finance a new plant, Roxxon, Inc. just sold a noncallable 40 year bond. This $1,000 par bond sells for $1,155 and has a

murzikaleks [220]

Answer:

4.96%

Explanation:

In order to determine the component after-tax cost of debt first we need to compute the before tax cost of debt by applying the RATE formula which is to be shown in the attachment below:

Given that,

Present value = $1,155

Future value or Face value = $1,000

PMT = 1,000 × 8.25% ÷ 2 = $41.25

NPER = 40 years × 2 = 80 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after applying the above formula

1. The pretax cost of debt is 3.54% × 2 = 7.08%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 7.08% × ( 1 - 0.30)

= 4.96%

8 0

4 years ago

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.18 mill

andre [41]

Answer:

See the explanation below

Explanation:

1. If the tax rate is 24 percent, what is the project’s Year 0 net cash flow?

A. Year 1.

B. Year 2.

C. Year 3

Year 0 cash flow = - initial fixed asset investment - initial investment in net working capital = $2,180,000 + $290,000 = $2,470,000

Annual depreciation expenses = 2,470,000 / 3 = $823,333

A. Year 1 cash flow = (Sales - costs - depreciation)(1 - tax) + depreciation = (1,730,000 - 636,000 - 823,333)(1 - 0.24) + 823,333 = $1,029,039.92

B. Year 2 cash flow = $1,029,039.92

C. Non operating year 3 cash flow = Market value + Net working capital - tax(market value - book value) = 240,000 + 290,000 - 0.24(240,000 - 0) = $472,400

Year 3 cash flow = $472,400 + $1,029,039.92 = $1,501,439.92

2. If the required return is 12 percent, what is the project's NPV?

NPV = -2,470,000 + (1,029,039.92 / (1 + 0.12)^1 + 1,029,039.92 / (1 + 0.12)^2 + 1,501,439.92 / (1 + 0.12)^3 = $337,825.25

5 0

4 years ago

Address You, a fancy dress manufacturer, sold a dress for $8,000 on credit. The cost of producing this dress was $1,000. First,

givi [52]

Answer:

It will affect the accounting equation in $7.000.

Explanation:

The Assets will increase in $8.000 because Address You now have the right to claim to a customer $8.000 and is recognized in the Receivables. At the same time, Address You has to diminish its inventories at $1.000, because it delivered the dress to the customer. Finally, on the other hand, the profits for selling the dress ($8.000 - $1.000) affect the equity, and now the Accounting equation is balanced.

3 0

3 years ago

Sixty percent of Company A’s employees are considered top performers. Fifty five percent of Company A’s employees are in a rigor

Yuri [45]

I don't think it will necessarily mean that.

if 60 % of company's A employees are top performers, it means that 40 % of them are not.
if all of that 40 % employees are the one that receive rigorous training programs, it mean that most of the employees in the training program are not top performers.

hope this helps

5 0

3 years ago