Answer:
Explanation:
When making a decision, irrelevant items are included in the analysis in both alternatives when using: the total cost approach only.
Answer:
The answer is $12,297.
Explanation:
Denote x is the minimum amount of after-tax annual savings (including depreciation effects) needed to make the investment yield a 12% return.
As required in the question, at $X annual after-tax saving, the net present value of the project discounted at the required return 12% will be equal to 0. So, we have:
- Net initial investment + Present value of cash inflow from asset disposal in 5-year + Present value of 5 after-tax annual savings = 0 <=> -50,000 + 10,000 x 0.567 + X x 3.605 = 0 <=> 3.605X = 44,330 <=> X = $12,297 (rounded to the nearest whole dollar).
Thus, the answer is $12,297.
Answer: -$500,000,000
Explanation:
The Balance of payment is an account that shows the difference between the money coming into a country as a result of transactions with other nations and money going out for the same reason.
Given the figures in the question, the Balance of Payments is;
= Current Account balance + Nonreserve financial account balance
= -1,000,000,000 + 500,000,000
= -$500,000,000
Answer:
ABC's retained earnings balance at the end of April is $11,400
Explanation:
The addition to retained earnings in the current month is revenue derived from providing services to customers minus the expenses such as rent and employee salaries
Net income for the month=$2,000+$900-$800-$700=$1400
Retained earnings at month end=opening retained earnings+net income
Retained earnings at month end=$10,000+$1,400=$11,400
Answer:
Debit : Cash $2,400
Debit : Account Receivables $3,300
Credit : Revenue $5,700
Explanation:
Revenue is recognized when a firm transfers the control of goods or services not when paid.
So this journal must both recognize the Assets in Cash and Assets in Trade Receivables since control for the services has already been transferred.
The journal entry at the end of the month to record this transaction would be :
Debit : Cash $2,400
Debit : Account Receivables $3,300
Credit : Revenue $5,700
