Answer:
C) Around $56,100
Explanation:
total maintenance costs should be:
<u>year</u> <u>cost</u>
1 $0
2 $0
3 $0
4 $3,500
5 $5,250
6 $7,000
7 $8,750
8 $10,500
9 $12,250
10 $14,000
11 $15,750
12 $17,500
to determine the present value of the 12 year annuity we can use an excel spreadsheet and the present value function:
=PV (6%,select the 12 cells) = $56,099.39 ≈ $56,100
Answer:
(The data is missing so we cannot prepare the complete cash budget but lets see how it is prepared. The data given in the question has only been added in cash budget)
Cash Budget is prepared in same way as statement of cashflow. The detail cash budget format is given below.
Poster Company
Cash budget
1st and 2nd quarter
Cash from operations
Sales xxxx
Purchase (xxxx)
Other expenses paid (xxxx)
Net cash from operation xxxx
Cash from Investment activities
Sale of Assets (10,000+4,500) $ 14,500
Any investment made (xxxxxx)
Net Cash from investing activities xxxxxx
Cash from Finance Activities
Financial Charges paid ( xxxxxxx)
Dividednd paid $ 4,500
Net Cash from Financing activities xxxxxxxx
Net cash increase/ decrease xx/ (xx)
Opening balance $60,359
Cash balance at end xxxxx
(xxx represents missing values)
Finding a healthy way to eat. organic os all natural, without preservatives
Answer:
$262,500
Explanation:
Current ratio = Current asset/Current liabilities
In line with the current ratio formula, to calculate the amount of short term debt increase, with the amount of current assets and current liabilities, we must add an amount such that the result 2.0
(1,312,500 + x) / (525,000 + x) = 2.0
Cross multiply
(1,312,500 + x) = 2.0 × (525,000 + x)
Open the brackets
1,312,500 + x = 1,050,000 + 2x
Collect like terms
1,312,500 - 1,050,000 = 2x - x
262,500 = x
It therefore means that the maximum that should be borrowed to buy inventory is $262,500
<span>When an inspection is conducted in your workplace, you have certain rights. </span>Have a worker representative accompany an inspector on an inspection, find out about inspection results and abatement measures, and object to the date set for a violation to be corrected. If an OSHA inspection is conducted in your workplace, you have the right to have your representative accompany the inspector on the inspection. You also have the right to talk to the inspector privately. You also have the right to find out about inspection results and abatement measures, and get involved in any meetings or hearings related to the inspection. You may also object to the date set for the violation to be corrected and be notified if the employer files a contest.
