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zloy xaker [14]
2 years ago
14

Topsider Inc. is evaluating whether to replace an existing leather-cutting machine with a new machine that has a five-year life.

The old machine has current salvage value equal to $3,000; its salvage value in five years is expected to be zero. The net (after-tax) salvage value of the new machine in five years is expected to be $6,000. If the new machine is purchased, Topsider will have to invest $3,520 in its net working capital. Based on this information, what is the new machine's terminal cash
Business
1 answer:
pogonyaev2 years ago
5 0

Answer:

$9,520

Explanation:

Terminal cash flow = After tax salvage value of new machine + Recovery of net working capital

Terminal cash flow = $6,000 + $3,520

Terminal cash flow = $9,520

So, the new machine's terminal cash is $9,520.

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Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for e
lesya [120]

Answer:

Total cost= $930

Explanation:

Giving the following information:

Copy Center pays an average wage of $12 per hour.

Overhead rate= $18 per direct labor hour

Job M-47:

used $330 of direct materials and took 20 direct labor hours of labor to complete.

Total cost= direct material + direct labor + allocated overhead

Total cost= 330 + 20*12 + 20*$18= $930

3 0
3 years ago
Fernandez Company had an accounts receivable balance of​ $150,000 on December​ 31, Year 2 and​ $175,000 on December​ 31, Year 3.
Mars2501 [29]

Answer:

The amount collected from customers on accounts receivable during year 3 is $535,000.

Explanation:

Cash received from accounts receivable = Opening balance of AR + Credit Sales - Bad debts written off - Closing balance of AR.

  • The opening balance for year 3 account receivables was 150000.
  • Credit Sales = 600000
  • Bad debts = 40000
  • Closing Balance = 175000

We can solve this question either by making a T account for accounts receivable or using the equation given above.

Cash = 150000 + 600000 - 40000 - 175000 = $535000

4 0
3 years ago
Read 2 more answers
Merits of itinerant traders<br>​
frutty [35]

Answer:

Explanation:

1. Less capital: itinerant retailers have to move from one place to another , so they don't have to invest huge capital.  For example: hawkers and paddlers have to buy just a hawker and some amount of goods which they can carry.

2. Services to doorsteps: these retailers provides their goods and services at the doors of the customers.  For example: a vegetable seller sells vegetables at the doors of the customers .

3. Elasticity: the goods they sells are usually perishable in nature and whose substitutes are available in abundance. Therefore, these goods are highly elastic .

4. Economy: the goods which itinerants sells are economically cheaper, which even a low class of society can buy. For example: non-branded goods.

6 0
3 years ago
In order to increase the sales of pizzas in a shopping mall, the management decides to insert very brief flashes of pizza images
guapka [62]

Answer: Subliminal persuasion

Explanation: It is a method of advertising, in which the advertiser tries to change the minds of the viewers without even getting to know them what is going on. It is usually used for consumer awareness.

In the given case, the use of brief flashes will attack the sub conscious mind of the consumers making them interested in buying pizza.

Thus , we can conclude that the management is using Subliminal persuasion.

7 0
3 years ago
You manage a hotel resort located on the South Beach on the Island of Kauai in
GaryK [48]

Answer:

Classification of Projects

The projects are classified as shown below:

Strategy Project:

Strategy projects supports organizations long term mission. it helps in increasing market share and revenue. Among the given projects, the strategy projects are:

b. build a 4 mile nature hiking trail.

d. Launch a new promotional campaign with Hawaii Airlines.

e. Convert 12 adjacent acres into wildlife preserve.

g. Change hotel brochures to reflect Eco-tourism image.

i. Introduce wireless internet service in cafe and lounge areas.

Operational Projects:

These projects support current business operations. Among the given projects, the operational projects are:

c. Renovate horse bran.

Compliance Projects:

These are those must do projects to function under a particular category. Among the given projects, the compliance projects are:

a. Convert the pool heating system from electrical to solar power.

f. Update all bathrooms in condos that are 10 years old or older.

h. Test and revise disaster response plan.

Not all projects are easy to classify. There are always some things falling under more than one category. Categorizing projects will help us to prioritize the implementation of the same. Compliance projects should be done at any cost. The organization's view will be reflected in the strategy projects. Operational projects can be postponed if financial budget constraint exists but compliance cannot be postponed.

6 0
3 years ago
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