Answer:
The capitalized cost is $ 84,667.20
Explanation:
First of all please note that the cost of $ 75,000 is already the present cost.
The cost of $3200 which occurs every 3 years can be converted into a value using factor A/F for one life cycle.
The capitalized cost then can be calculated as follows
:
CC = $ 75,000 + $ 3200(A/F, 10%, 3 years)/interest
CC = $ 75,000 + $ 3,200(0.3021)/0.1
CC = $ 75,000 + $ 9,667.2
CC = $ 84,667.20
Any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
<h3>What does Texas Constitution require a balanced budget?</h3>
- Texas always keeps its budget balanced because the State Constitution demands it. The Texas state and local sales taxes exceed 10% of the individual transaction price. The primary operating fund for Texas is the General Revenue Dedicated Fund.
- A constitutional amendment known as the "balanced budget amendment" would restrict government spending to the amount of revenue it receives. Spending would need to be under control by the federal government.
An amendment to the texas constitution requires a balanced budget. This means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
According to a balanced budget, a government should not spend more than its income. Thus projected incomes and expenditures should be equal.
To learn more about balanced constitutional budget amendment, refer to:
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Answer & Explanation: When planning a procurement, it is useful to at least conduct a make or buy analysis which aids in determining the most cost effective approach, to consult and liaise with in-house experts in the departments of procurement, human resource, and legal, and also to insure the sponsor of the project signs off on the procurement plan. The goal of procurement planning is to increase the transparency and predictability of the procurement process while also deciding on what to buy, when and from what source.
<span>The most likely effect of a write-down of inventory to net realizable on a firm's total asset turnover is an increase.
</span>A write-down of inventory to net realizable value is typically recognized as an increase in cost of goods sold in the period of the write-down, according the <span>inventory equation:
</span><span>ending inv</span>entory = beginning inventory + purchases - cost of goods sold
Answer:
$1,008.18
Explanation:
Using a financial calculator, you can calculate the price of this bond with the following inputs;
Maturity of the bond; N= 3
Face value ; FV = 1000
Annual coupon payment; PMT = 7% *1000 = 70
Yield to maturity ; I/Y = 6.69%
then compute the Price; CPT PV = 1,008.182
Therefore, the current price is $1,008.18
