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alisha [4.7K]
2 years ago
8

A second method for determining the forecasted cost at completion assumes that, regardless of the efficiency rate the project or

work package has experienced in the past, the work to be performed on the remaining portion of the project or work package will be done according to budget. If the cumulative actual cost is greater than the cumulative earned value, then Group of answer choices the FCAC is greater than the TBC. the FCAC cannot be calculated with the values given. the FCAC is less than the TBC. additional information is needed to predict the FCAC.
Business
1 answer:
ElenaW [278]2 years ago
4 0

Answer:

Answer is the FCAC is greater than the TBC.

Refer below.

Explanation:

A second method for determining the forecasted cost at completion assumes that, regardless of the efficiency rate the project or work package has experienced in the past, the work to be performed on the remaining portion of the project or work package will be done according to budget. If the cumulative actual cost is greater than the cumulative earned value, then: FCAC is greater than the TBC.

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Carmichael Company is considering purchasing a piece of equipment for $60,000. It expects the equipment will last 12 years (and
nalin [4]

Answer:

Initial outlay = $60,000

Annual net income before tax = $7,200 per annum

Depreciation = <u>Cost - Residual value</u>

                        Estimated useful life

                      = <u>$60,000 - 0</u>

                           12 years

                     = $5,000 per annum

Annual net cashflow before tax

= Annual net income before tax + Depreciation

= $7,200 + $5,000

= $12,200

Explanation:

In this case, the annual net income before tax has been given. The annual net income before tax has excluded depreciation, which does not involve movement of cash. Therefore, we need to add back depreciation in order to obtain the expected before tax cashflow.

4 0
3 years ago
Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance
Andreyy89

Answer:

Net Cash provided by Operating Activities  $20,900.00

Explanation:

Cash Flows from Operating Activities  

Net Income        $16,000.00

Adjustments to reconcile Net Income:

+ Depreciation expenses.

$6,000.00

- Increase in Accounts receivables.

($6,000.00)

+Decrease in Inventory

$4,000.00

+Increase in Salaries Payable.

$900.00

Net Cash provided by Operating Activities   $20,900.00

5 0
3 years ago
A person with anorexia nervosa is likely to Multiple Choice
Elis [28]

Answer:

2. grow up in a perfectionistic home with very high expectations.

Explanation:

1- There is no relation with economic conditions

3- There are no relation with how home is flexible

4- If we check where problem comes from and decided that mother can be the reason then even mother has a healthy body we expect person to be normal.

2- Grow up with very perfectionist and expecting lots of issues then anorexia might occur.

7 0
2 years ago
Two goods are considered to be related goods by many buyers: if the price of one increases, buyers buy more of the other. This i
vovikov84 [41]

Answer: False.

Explanation:

False.

This indicates that the two goods are substitute goods, not the complementary goods.

In case of complementary goods, the price of one good is inversely related with the demand for other related good. For example, car and petrol; if the price of petrol increases as a result demand for cars decreases.

In case of substitute goods, the price of one good is directly related with the demand for other related good. For example, tea and coffee; if the price of coffee increases as a result demand for tea increases. So, there is a positive relationship between the price of one good and demand for the other good.

3 0
2 years ago
Garcia company has 10,000 units of its product that were produced last year at a total cost of $150,000. the units were damaged
timurjin [86]

Answer and Explanation:

The computation of the incremental net income is shown below:

<u>Particulars    Sell          Process Further      Incremental Net income </u>

Sales        $20,000.00    $50,000.00        $30,000.00

          (10,000 units × $2)  (10,000 × $5)

Less:

Additional

Processing cost                 $18,000.00          $18,000.00

Total        $20,000.00      $32,000.00          $12,000.00

4 0
2 years ago
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