Answer:
$105,547
Explanation:
Original cost of machine = $270,000
Machine sold for = $150,000
Book value = $120,000
Down payment = $30,000
$60,000 payable on December 31 each of the next two years
.
Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911
The amount of the notes receivable net of the unamortized discount:
= Amount paid on December 31st × Present value of an ordinary annuity
= $60,000 × 1.75911
= $105,547
When making an investment, the primary goal of every
investor is to make money. Investing is an activity undergone by any individual
called investor to gain profit. Profit is the amount of money the investor can
earn out of his/her investment. The primary goal of every investor is profit.
Answer:
72000
Explanation:
Break even formula:
Break even in units=Fixed cost/Contribution margin per unit
= $ 36,000 / $ 6
= 6,000 Units
[Contribution margin=Sales price-Variable cost=12-6]
Break Even in Dollars = Break Even in Units * Selling Price Per Unit
= 6,000 Units * $ 12 Per Unit = $ 72,000
Answer
The answer and procedures of the exercise are attached in the following images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 3 sheets with the formulas indications.
Answer:
broad needs and many customers.
Explanation:
Cooper technologies offers several services that satisfy a broad range of needs, e.g. computer training, support, selling computers, etc. It tries to serve as many customers as then can. This is true for all companies, but Cooper Technologies would be the opposite to a company that provides services to a niche market. They try to offer a wide range of products and services to appeal to as many customers as possible with as many products and services as they can.
Cooper Technologies is like a handyman that satisfies all your computer related needs, it doesn't focus on only one or two services.
