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3 years ago

12

Long-term contracts for both warehousing and transportation requirements will be more effective if the demand and price of wareh

ousing do not change in the future or if the price of warehousing goes up.
a) true
b) false

1 answer:

vampirchik [111]3 years ago

6 0

Answer:

true

Explanation:

long term means it will be used for a long time thus if the price is not constant and keeps rising it wont be effective

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Jamestown Supply is trying to decide whether to lease or buy some new equipment. The equipment costs $72,000, has a 4-year life,

DochEvi [55]

Answer:

$15,708

Explanation:

Calculation to determine What is the amount of the aftertax lease payment

Using this formula

Aftertax lease payment=Leased equipment(1-Tax rate)

Let plug in the formula

Aftertax lease payment = $23,800 (1 - 0.34)

Aftertax lease payment=$23,800(.66)

Aftertax lease payment = $15,708

Therefore the amount of the aftertax lease payment is $15,708

3 0

2 years ago

MC Qu. 90 A company is planning to purchase... A company is planning to purchase a machine that will cost $30,600 with a six-yea

faltersainse [42]

Answer:

Accounting rate of return = 20.53%

Explanation:

<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment.</em>

The simple rate of return can be calculated using the two formula below:

Accounting rate of return

= Annual operating income/Average investment × 100

Average investment = (Initial cost + scrap value)/2

= 30,000/2= 15,000

Accounting rate of return = ( 3080/15,000) × 100 = 20.53%

Accounting rate of return = 20.53%

3 0

3 years ago

Atlantic Fisheries has an EBIT of $3,280, depreciation of $1,850, cost of goods sold of $6,920, dividends paid of $750, interest

WARRIOR [948]

Answer: $2420

Explanation:

The following can be deduced from the question:

EBIT = $3,280

Depreciation = $1,850

Cost of goods sold = $6,920

Dividends = $750

Interest expense = $860,

Taxable Income will be calculated as:

= EBIT - Interest Expense

= $3280 - $860

= $ 2420

6 0

3 years ago

What is FAFSA? Who is eligible?

marishachu [46]

The Free Application for Federal Student Aid (FAFSA<span>) is used to calculate the Expected Family Contribution (EFC), a somewhat harsh measure of the family's ability to pay for college. The EFC is the sum of a student contribution and a parent contribution.</span>

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3 years ago

Motors is a chain of car dealerships. Sales in the fourth quarter of last year were $4,600,000. Suppose management projects that

MariettaO [177]

Answer:

<u>Budgeted Income Statement for each of the four quarters and for the entire year</u>

Quarter 1st 2nd 3rd 4th

Sales $4,738,000 $5,069,660 $5,323,143 $5,536,069

Cost of Sales ($2,132,100) ($2,281,347) ($2,395,414) ($2,491,231)

Gross Profit $2,605,900 $2,788,313 $2,927,729 $3,044,838

Operating Costs ($1,421,400) ($1,520,898) ($1,330,786) ($1,107,214)

Operating Profit $1,184,500 $1,267,415 $1,596,943 $1,937,624

Explanation:

Pay attention to the calculation of the following amounts :

Sales - These are based on increments per quarter
Cost of Sales - The Cost for quarter is at 45% of Revenue
Operating Costs - Based on Sales amounts ( 30 % in the first two quarters , 25% in third and 20% in the 4th quarter.)

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3 years ago