Answer: $7,500
Explanation:
In calculating the Incremental income we will add the amount of variable Manufacturing costs Rory Company will save as well as the income they will get from selling the old machine and then subtract the cost price of the new machine.
Starting off we will calculate the amount of savings they will make by using the new machine,
= $12,000 x 5 years
= $60,000
Calculating the Incremental income therefore we have,
= 60,000 + 60,000(from selling old machine) - 112,500 (cost of new machine)
= $7,500
The incremental income of buying the new machine is $7,500.
If you need any clarification do comment.
Answer:
Explanation:
Sunk, or past, costs are monies already spent or money that is already contracted to be spent. A decision on whether or not a new endeavor is started will have no effect on this cash flow, so sunk costs cannot be relevant.
For example, money that has been spent on market research for a new product or planning a new factory is already spent and isn’t coming back to the company, irrespective of whether the product is approved for manufacture or the factory is built.
Committed costs are costs that would be incurred in the future but they cannot be avoided because the company has already committed to them through another decision which has been made.
If shoes cost $50 a pair, the number of shoes she would buy is 5.
<h3>
How many shoes will she buy?</h3>
The image shown is a demand curve. A demand curve shows the relationship between price and quantity demanded. Price is on the y-axis and quantity demanded is on the x-axis.
In order to determine the quantity demanded, trace $50 to the curve and trace it down to the x axis.
Please find attached the diagram used in answering this question. To learn more about the demand curve, please check: brainly.com/question/25140811
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Personal loans are unsecured loans offered by financial institutions based on factors such as employment history, repayment capacity, income level, profession, and credit history.
<h3>How do personal loans work?</h3>
When you are approved for a personal loan, the funds are often sent directly into your checking account. When you acquire a loan to refinance current debt, you can occasionally ask your lender to pay your invoices directly.
Prepare to begin payback within 30 days, regardless of how you receive your payments. If you have a variable-rate loan, your interest rate will fluctuate, which may cause the amount you owe to alter from month to month.
When you pay off your personal loan, the credit line is closed.
Thus, Option D is correct which describes personal loans.
For more information about Personal loans refer to the link:
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Answer:
$171,360
Explanation:
Given that,
At September 1, 2018, Swifty Co. reported stockholders’ equity = $156,000
Revenues = $37,400
Expenses = $20,000
Purchased equipment = $4,920
Paid dividends = $2,040
Net income:
= Revenues - Expenses
= $37,400 - $20,000
= $17,400
Stockholders’ equity at September 30, 2018:
= Beginning balance + Net income - Dividend paid
= $156,000 + $17,400 - $2,040
= $171,360
Therefore, the amount of stockholders’ equity at September 30, 2018 is $171,360.