Kyle earns $7.45 an hour and worked 47 hours this week, what is his gross pay?

Assets are 300,000 and equity is 100,000, assets increase 80,000 liabilities increase 50,000. what is equity at year end?

mojhsa [17]

<span>Assets - equity = liabilities
So liability before the increase is:
300, 000 - 100, 000 = 200, 000
And if assets increases by 80, 000. Hence new assets = 380, 000. Liabilities increases by 50, 000; hence new liability = 250, 000.
New Equity = New Assets - New liability.
New Equity = 380, 000 - 250, 000 = 130, 000.</span>

6 0

3 years ago

Joy has been saving her earnings to make a down payment on a new car. which loan terms will result in highest total cost for the

wariber [46]

5.5 percent loan for 60 months

4 0

3 years ago

Kelly Slater owns a parcel of land in Palm Springs and is considering two possible development options which both use his signat

expeople1 [14]

Answer:

d. Choose Option B because it has a higher NPV

Explanation:

The computation is shown below:

For Option A:

Investment = $10 million

Present Value of cash flows = Cash flow ÷ Discounting rate

= $2 ÷ 10%

= $20 million

Now

NPV = $20 - $10

= $10 million

We know that

IRR is the rate at which the NPV will be zero

So, 2 ÷ r - 10 = 0

r = 20%

For Option B:

Investment = $50 million

Present Value of cash flows = $6.5 ÷ 10% = $65 million

NPV = $65 - $50 = $15 million

we know that

IRR is the rate at which the NPV will be zero

So, 6.5÷ r -50 = 0

r = 13%

Based on NPV, Option B should be selected as it contains higher NPV as compared to option A.

However, Based on IRR, Option A should be chosen as it contains higher IRR and a higher IRR represent a higher profit percentage

7 0

3 years ago

Which of the following activities is not a component of the operating cycle?A)Sale of merchandiseB)Payment of employees' salarie

Sloan [31]

Answer:

B)Payment of employees' salaries

Explanation:

Operating cycle: The operating cycle is that cycle in which the firm makes the collection of cash with respect to the sales and make the payment with respect to the purchase of the inventory

The cycle start from days of inventory outstanding, days of sales outstanding, and days of payable outstanding

In mathematically,

Operating cycle = days of inventory outstanding + days of sales outstanding - days of payable outstanding

Thus, option B is correct.

8 0

3 years ago

Effective capital budgeting for general capital assets of a government requires: Intermediate and long-range capital improvement

Aleksandr [31]

Answer:

intermediate and long-range capital improvement plans for general capital assets

Explanation:

Capital budgeting in domain of finance

can be regarded as ways whereby the Value of potential investment project is been analysed and determined.The net present value can be known by finding the difference that exist between the cash flow present value and the present value of cash inflow. It should be noted that Effective capital budgeting for general capital assets of a government requires intermediate and long-range capital improvement plans for general capital assets

4 0

2 years ago