Answer:
There is a positive adjustment of $5,200
Explanation:
Medical expenses
$2,500
State income taxes
$0
Charitable contributions
$5,000
Qualified housing interest
$6,000
Casualty loss
$1,800
Miscellaneous itemized deductions
$0
Total
$15,300
There is a positive adjustment of $5,200
Answer:
The average rate of return for this investment is 21%
Explanation:
Average rate of return : The average rate of return shows the ratio between average net income and average initial investment.
Mathematically,
Average rate of return = Average Net income ÷ Average Initial Investment
where Average Net income = Total years of net income ÷ Number of years
= ($100,000 + $60,000 + $30,000 + $10,000 + $10,000) ÷ 5
= $42,000
And, Average Initial Investment = Initial Investment ÷ 2
= $400,000 ÷ 2
= $200,000
Now, average rate of return = $42,000 ÷ $200,000
= 21%
Thus, the average rate of return for this investment is 21%
To assure the operational readiness of the tools, implements, equipment and
maximum return on investments.
Answer:
Total revenue: $46 million
First year costs: $12 million
Estimated first year costs(EFYC): $28 million
Cost to date for the projec (CTD): $12 million
Given this information, the first thing to do is to calculate the percentage % of completion. The formula is stated below.
Percentage of completion ( CTD / EFYC )
CTD / TEC = (12000000/28000000)
CTD / TEC = (42,85%)
Then multiply the Percentage of completion * Total Revenue
42.85%*46.000.000 to obtain the revenue for period 2.
The loss that the company must present in their statements for year 1 is: Loss for period 1 =$12.000.000
Answer:
$59,400
Explanation:
Operating income = Contribution - Fixed Costs
therefore,
<u>At the activity of 28,000 units results will be :</u>
Contribution (28,000 units x $3.50) $98,000
Less Fixed Costs ($38,600)
Operating Income $59,400
Thus,
The operating income expected if the company produces and sells 28,000 units is $59,400
