Answer:
The right solution is "70375.08".
Explanation:
Given that,
Present value,
= 4360
Interest rate,
= 5%
Time period,
= 30
Now,
The present value of inflows will be:
= ![(1+rate)\times \frac{Present \ value[1-(1+Interest \ rate)^{-time \ period}]}{rate}](https://tex.z-dn.net/?f=%281%2Brate%29%5Ctimes%20%5Cfrac%7BPresent%20%5C%20value%5B1-%281%2BInterest%20%5C%20rate%29%5E%7B-time%20%5C%20period%7D%5D%7D%7Brate%7D)
= ![1.05\times 4360\times \frac{[1-(1.05)^{-30}]}{0.05}](https://tex.z-dn.net/?f=1.05%5Ctimes%204360%5Ctimes%20%5Cfrac%7B%5B1-%281.05%29%5E%7B-30%7D%5D%7D%7B0.05%7D)
= 
= 
All are assumed except <u>A. Total variable costs remain the same over the relevant range.</u>
<u />
Cost-volume-profit analysis examines how changes in cost in volume affect income. Variable costs are ones that go up and down depending on production levels, so it would not make sense to assume that variable costs stayed the same over the relevant range.
Answer:
Explanation:
Date Account title and Explanation Debit Credit
1st july-14 Notes receivable $1,393,591
Discount on notes receivable ($1,393,591 - S600,100 - $317,900) $475,591
Land $600,100
Gain on disposal of land ` ($918,000 - $600,100) $317,900 ` (To record sale of land)
1-Jul-14
Notes receivable $404,300
Service revenue $404,300
` (to record service revenue)
Answer:
Independent sources of information
Explanation:
Magazines, consumer groups, and government agencies all represent independent sources of information.
Answer: Control activities
Explanation: In simple words, control activities refers to the policies and procedures that help the management to reduce the risk they have identified. These activities reports as a support structure for other operating activities of the business.
In the given case, hexa company has policies and procedures that supports managements initiatives. Hence the given case depicts the control activities element.
