Capital expenditure formula <br>

Jewelry Company has a sales budget for next month of $450,000. Cost of goods sold is expected to be 45 percent of sales. All goo

lukranit [14]

Answer:

The cost of goods sold for next month is expected to be $202,500

Explanation:

Given that,

Sales budget = $450,000

Cost of Good sold = 45% of sales

Opening inventory = $20,000

Ending inventory = $24,000

Beginning accounts payable = $206,500

Since, in the given question, it is mentioned that the cost of good sold is 45% of sales.

So,

Cost of Goods Sold (COGS) = 0.45 × $450,000

= $202,500

Hence, the cost of goods sold for next month is expected to be $202,500

Note: we don't considered other things which is mentioned in the question.

7 0

3 years ago

The following facts relate to Duncan Corporation.

lyudmila [28]

Answer:

Duncan Corporation

a. The amount of the accounting income for 2019 is:

= $270,000

b. Journal Entries:

Debit Income tax expense $46,000

Credit Income tax payable $46,000

To record the income tax expense for 2019.

Debit Deferred tax asset $30,000

Credit Profit and Loss $30,000

To record the deferred tax asset

Debit Profit and Loss $80,000

Credit Deferred tax liability $80,000

To record the deferred tax liability.

Explanation:

a) Data and Calculations:

Taxable income for 2019 = $115,000

add Cumulative temporary difference, giving

rise to future taxable amounts = $250,000

less Cumulative temporary difference, giving

rise to future deductible amounts = $95,000

Accounting income for 2019 $270,000

Income tax expense:

Taxable income = $115,000

Tax rate (40%) 46,000

After-tax income $69,000

6 0

3 years ago

Bruce is considering the purchase of a restaurant named Hard Rock Hollywood. The restaurant is listed for sale at $1,090,000. Wi

patriot [66]

Answer:

$1,048,269.38

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = $1-,090,000

Cash flow in year 1 = 89,000

Cash flow in year 2 = 89,000

Cash flow in year 3 = 89,000

Cash flow in year 4 = 89,000

Cash flow in year 5 = 89,000

Cash flow in year 6 = 89,000

Cash flow in year 7 = 99,000

Cash flow in year 8 = 109,000

Cash flow in year 9 = 119,000

Cash flow in year 10 = 129,000 + $1,190,000

I = 10 %

NPV = $1,048,269.38

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

5 0

3 years ago

how can you use excel to assist in project risk management? what other software can help project teams make better risk manageme

dlinn [17]

PERT analysis can be carried out using Project 2002, and it can also be used with other simulation tools like Risk+.Excel can also be used with simulation software.

The intuitive interface of nTask features inviting neutral colors and is user-friendly.You may prioritize issues, evaluate potential hazards, and assign them to various team members for monitoring with this security risk management program.

There are sufficient options for businesses and budgets of all sizes, but not every tool will benefit every team equally.

If you're working with a major enterprise organization, your risk management software budget and goals will obviously be very different from those of a small agency or solopreneur.

Learn more about excel:

brainly.com/question/29329728

#SPJ4

3 0

1 year ago

What's a name idea for a blue lipe gloss?

Anit [1.1K]

Answer:

September Sapphire?

Explanation:

September Sapphire

Angelica

Ocean

Sky

8 0

4 years ago

Capital expenditure formula ​

Capital expenditure formula