Answer:
12.3076
Explanation:
Receivables Turnover =
Here Net Credit sales = $8,000,000
Average Receivables =
Opening Receivables = $600,000
Closing Receivables = $700,000
Average Receivables =
Receivables Turnover =
12.3076
Answer:
Eat foods that are low in protein.
Explanation:
The muscular system is an organ whose main function is to maintain a smooth movement in the body. It is composed of specialized cells known as muscle fibers.
There are three types of muscles in the body namely:
- Skeletal Muscle which aids movement
- Cardaic Muscle which pumps blood round the body.
- Smooth Muscle which also play a role in the circulation of blood.
The different ways to take care of the muscular system include:
- Maintaining a good posture.
- Doing regular exercise.
- Eating food with high protein content, because protein are required for muscle development. Such good include fish, milk, cheese.
<u>Solution and Explanation:</u>
a.<u>Compute Firm A’s net cash flow attributable to the asset purchase in each year.Year 2011:
</u>
Cost of Asset = ($50,000)
Tax Savings (Annual Depreciation x Tax Rate) = $1,099
Net Cash Flow = ($48,901)
Year 2012:
Cost of Asset = N/A
Tax Savings (Annual Depreciation x Tax Rate) () = $2,520
Net Cash Flow = $2,520
b. <u>Compute Firm A’s adjusted basis in the asset at the end of each year.
</u>
INITIAL COST OF ASSET = $50000
DEPRECIATION YEAR 1 = (3140)
ADJUSTED BASIS AT END OF YEAR 1 = $46860
YEAR 2 DEPRECIATION = (7200)
ADJUSTED BASIS AT END OF YEAR 2 = $39660
Answer:
The marginal propensity to consume is <u>92 percent</u>.
Explanation:
Marginal propensity to consume (MPC) refers to the additional expenditure on consumption by consumer as a result of an in national income.
That is, MPC is a measure of the proportion or percentage of the additional income that goes consumption expenditure.
MPC can be calculated using the following formula
MPC = ΔC / ΔY ......................................... (1)
Where;
ΔC = Change in consumption = New consumption - Old consumption = $1,168 - $800 = $368
ΔY = Change in income = New income - Old income = $1,400 - $1,000 = $400
Substituting the values into equation (1), we have:
MPC = $368 / $400 = 0.92, or 92%
Therefore, the marginal propensity to consume is <u>92 percent</u>.
Answer:
1. Contribution margin per pound
Product A = $4.00
Product B = $2.80
Product C = $7.00
2. Orders for product C should be accepted first as they yield the highest contribution margin, followed by product A, then Product B which have the second highest and least contribution margin respectively.
Explanation:
Given the following ;
selling price $ 80 $ 56 $ 70 variable expenses: direct materials 24 15 9
other variable expenses 24 27 40
total variable expenses 48 42 49 contribution margin $ 32 $ 14 $ 21 contribution margin ratio 40 % 25 % 30 %
Kindly see attached picture for detailed explanation.