Answer:
$1, 238.03
Explanation:
The total deposit will be composed of
1. Pay checks $611.33 + $701.45 = $1,312. 78
2. Plus Insurance check
= $1,312. 78 + $75.25
=$1,388. 03
3. Minus cash received
= $1,388. 03 - $150
=$1, 238.03
Answer: B
Explanation: That's the best one of the 4 options
Answer:
Present Value= $14,285.71
Explanation:
Giving the following information:
You are thinking of building a new machine that will save you $1,000 in the first year.
The machine will then begin to wear out so that the savings decline at a rate of 2 % per year forever.
Interest rate= 5%
We need to use the formula of a perpetual annuity. Because of the wear out, we need to sum it to the interest rate the 2%
PV= Cf/(i-wear put)
PV= 1,000 / (0.05 + 0.02)= $14,285.71
Answer and explanation:
Several effects could result in not following legal mandates for an organization. Lawsuits, penalties and fines, a decrease in reputation, and loss of opportunities are the most immediate. However, even if those consequences are obvious, some companies surpass legal regulations to avoid expenses that could reduce their revenue.
Answer:
If Kites is discontinued, Harmark's net income will be reduced by $4,000
Explanation:
<em>Relevant cost are future incremental cash costs that arise as a direct consequence of a decision.
</em>
The relevant costs of this decision to dis includes discontinue he following:
1. The contribution lost (22,000 -17000) = (5,000)
2. savings in the avoidable fixed cost <u> 1000</u>
The net loss from decision <u>(4,000)</u>
If Kites is discontinued, Harmark net income will be reduced by $4,000
<em>Note that we did not consider the allocated fixed cost of 8000 because they would be incurred either way. And therefore they are not relevant for this decision</em>