I looked it up and the answer I was given is Ciroc
Answer:
Loss on Sale of Non-Current Asset is -$5,672.
Explanation:
The key points to remember here are:
- We compare Carrying Value (Cost - Accumulated Depreciation) with Selling Price to calculate gain/loss.
- Adelphi Company has used the machine for 4 years. So, deduct the depreciation of 4 years from the Cost of Machine.
- Double-Declining Rate is calculated as (1/10)*(2) = 20%. Multiply this rate with the Carrying value of each year to get the depreciation figure for next year.
I've attached a screenshot of my workings, I hope it will help you better understand the scenario. Thanks!
Answer:
Final Value= $502,257.52
Explanation:
Giving the following information:
You decided to contribute $500 a month into a fund that is expected to earn 6 percent, compounded monthly. You start the contribution a month from today for 30 years.
To calculate the final value, we need to use an alternative version of the final value formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit= 500
n= 30*12= 360
i= 0.06/12= 0.005
FV= {500*[(1.005^360)-1]}/0.005= $502,257.52
Answer:
Manufacturing efficiency ratio= 60%
Explanation:
Manufacturing efficiency ratio measure the proportion of time it takes to perform value-added activities. This information is used to reduce time spent on non value-adding activities, thereby reducing cost and making production faster.
Using the formula
Manufacturing efficiency ratio= Value-added production time/ production cycle time
Value-added production time= Cycle time - non value-added manufacturing time
Value-added production time= 0.5-0.2= 0.3
Therefore
Manufacturing efficiency ratio= 0.3/0.5= 0.6
Manufacturing efficiency ratio= 60%
Answer: a change in the price level.
Explanation:
A shift in the aggregate supply curve is caused by non-price changes such as real wages of the workers, tax, technological innovation, productivity level etc.
The change in price will only result in the movement along the supply curve, which is also referred to as the change in quantity supplied. A change in price will not cause a shift on the aggregate supply curve.
Therefore, option A is the correct answer.
