When a closed economy is in equilibrium, we know with certainty that

Hadley Company is considering the disposal of equipment that is no longer needed for operations. The equipment originally cost $

devlian [24]

Answer and Explanation:

The preparation of the differential analysis report is presented below:

Particulars Lease Equipment Sell Equipment Differential Effect on Income

(Alternative 1) (Alternative 2) (Alternative 2)

Revenues $290,000 $230,000 ($60,000)

Less: Costs -$75,800 $23,000 ($52,800)

(10% of $230,000)

Income (Loss) $214,200 $207,000 ($7,200)

Based on the above report, the equipment should be leased as it generated more profit as compared to sell of an equipment

5 0

3 years ago

To satisfy the demands of the Indian market, Mary Kay developed the Mary Kay MelaCEP Whitening System, which contained seven pro

poizon [28]

Answer:

The correct answer is Product adaptation.

Explanation:

Product adaptation is the process by which it is modified so that it is well received by different customers or markets. An adaptation strategy is particularly important for companies that export their products, as they ensure that they meet the cultural and legislative demands of the country they are targeting.

Adaptation is also important for companies that want to introduce new products into new markets but do not have enough resources or means to develop completely new items.

6 0

3 years ago

Statements Answer 1. Significant financial statement accounts are materially affected, either directly through entries in the ge

7nadin3 [17]

Answer:

Explanation:

1. Significant financial statement accounts are materially affected, either directly through entries in the general ledger, or indirectly through the creation of rights or obligations that may or may not be recorded in the general ledger by major class of transaction.

2. The auditors should design procedures to provide a high level of assurance that the controls related to each relevant assertion are operating effective.

3. A significant deficiency is a control deficiency that is less severe than a material weakness yet important enough to merit attentions by those responsible for oversight of the company's financial reporting.

4. To express the internal control opinion, the auditors should obtain sufficient evidence on the effectiveness of controls at the as of date.

5. Ineffective audit committee oversight of management is regarded as at least a significant deficiency

5 0

3 years ago

Metropolitan Water Utility is planning to upgrade its SCADA system for controlling well pumps,booster pumps, and disinfection eq

Licemer1 [7]

Answer:

net wortht -143,280.85

equivalent annual cost $ 24,932.98

Explanation:

We sovle for the present value of each annuity:

The first three years:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 31,000.00

time 3

rate 0.08

$31000 \times \frac{1-(1+0.08)^{-3} }{0.08} = PV\\$

PV $79,890.0066

Then the second phase annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 20,000.00

time 5

rate 0.08

$20000 \times \frac{1-(1+0.08)^{-5} }{0.08} = PV\\$

PV $79,854.2007

NOw, we discount this as it is three years into the future

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $79,854.2007

time 3.00

rate 0.08000

$\frac{79854.2007415617}{(1 + 0.08)^{3} } = PV$

PV 63,390.8391

Total net worth:

79,890.0066 - 63,390.8391 = -143,280.85

The EAC will be the annuity which makes the Present work

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 143,280.85

rate 0.08

time 8

$143280.85 \div \frac{1-(1+0.08)^{-8} }{0.08} = C\\$

C $ 24,932.983

7 0

3 years ago

Keys industries has assets of $2,100, sales of $2,960, operating costs of $2,675, and $250 of total current liabilities consisti

GalinKa [24]

Calculation of Return on Total Assets:

Return on Total assets can be calculated using the following formula:

Return on Total Assets = Net Income / Total Assets

We can calculate Net income as follows:

Sales $2960

Less: Operating Costs $2675

Less: Interest charges $125

Income before tax = 160

Less: Tax (160*40%) = 64

Net Income = $96

Hence , Return on Total Assets = 96/2100 = 0.0457 =4.57%

5 0

3 years ago