Answer:
The second option is the cheapest.
Explanation:
Giving the following information:
The first company offers free installation and equipment, but will charge you $401.00 per year forever. The second company charges $783.00 for installation, but will charge you $204.00 per year forever. Assume that payments are at the END of the year. Your personal interest rate is 5.00% per year
To calculate the present value, we need to use the formula for a perpetual annuity:
PV= Cf/i
Cf= cash flow
i= interest rate
Option 1:
PV= 401/0.05= $8,020
Option 2:
PV= 204/0.05 + 783/1.05= $4,825.71
The second option is the cheapest.
The one responsible for inspecting the records for inspection during business hours is the commission. The commission is being defined as a person with authority or given authority in regards to working conditions in which they are responsible for inspecting the broker's records.
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Answer:
$25 per batch
Explanation:
Combined final sales value:
= Sales value of refined sugar + Sales value of industrial fiber
= $65 + $65
= $130
Financial advantage:
= Combined final sales value - Further Processing - sugar beets costs - Cost to Crush
= $130 - ($17 + $21) - $54 - $13
= $130 - $38 - $54 - $13
= $25 per batch
Therefore, the financial advantage (disadvantage) for the company from processing one batch of sugar beets into the end products industrial fiber and refined sugar is $25.
Answer:
Appalachian Beverages
The Updated current ratio is:
= 1.65
Explanation:
a) Data and Calculations:
Current assets = $39,900
Current ratio = 1.90
Current liabilities = $21,000 ($39,900/1.90)
Current Assets:
Beginning balance = $39,900
Inventory $5,100
Cash ($2,000)
Ending balance = $43,000
Current Liabilities:
Beginning balance = $21,000
Accounts Payable $5,100
Ending balance = $26,100
Analysis of Transactions:
1. Inventory $5,100 Accounts Payable $5,100
2. Delivery Truck $10,000 Cash $2,000 Two-year Note Payable $8,000
Updated current ratio = Current assets/Current liabilities
= $43,000/$26,100
= 1.65