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ExtremeBDS [4]
3 years ago
6

QS 23-14 Keep or replace LO P5 Rory Company has a machine with a book value of $79,000 and a remaining five-year useful life. A

new machine is available at a cost of $118,500, and Rory can also receive $75,000 for trading in its old machine. The new machine will reduce variable manufacturing costs by $22,000 per year over its five-year useful life. Calculate the incremental income. (Any losses or outflows should be entered with a minus sign.)
Business
1 answer:
sertanlavr [38]3 years ago
5 0

Answer:

Incremental Income = $66,500

<u></u>

Explanation:

<u>Incremental Income from Replacing Machine</u>

Incremental Income from Replacing Machine   $110,000

(5 * $22,000)

Add: Salvage value of old machine                     <u>$75,000</u>

Total Income                                                          $185,000

Less: Acquisition Cost of New Machine               <u>$118,500</u>

Incremental Income                                              <u>$66,500</u>

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Which continent has the highest concentration of trade (i.e., trade among countries within a particular region)?
Vesna [10]

Answer:

Europe

Explanation:

Europe as a continent has the highest concentration of trade. Europe comprises of almost more than 50 countries in itself. Right from early days, trade prospered in Europe and Atlantic Ocean, which stretches between Europe and America, remains the busiest ocean owing to this fact.

During times of colonization, spices and indigo were imported to Europe as the continent was one of it's highest consumers.

With the advent of European Union, trade further strengthened as a common currency in the form of Euro was established. This eased out the process of trade.

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4 years ago
A work sheet is an internal aid which is helpful in preparing financial (statements/reports). It reduces risk of _ (errors/effec
Citrus2011 [14]

The work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.

<h3>What is a work sheet?</h3>

A work sheet means an internal document used by companies to help with adjusting, closing accounts and preparation of financial statements

Some benefit of work sheet in preparation of financial statement includes:

  • its reduces the possibility of errors when working with many accounts and adjustments
  • its links accounts and adjustments to their impact on financial statements
  • its helps in preparing interim financial statement
  • its shows the effects of proposed or "what-if" transactions.

In conclusion, the work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.

Read more about work sheet

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3 0
2 years ago
assume you take a first and second loan on a commercial property; both are interest-only loans with one financing 60% of the pur
Juliette [100K]

If you look at the information in the question, you'll notice that the return is less than the cost of borrowing (loan interest rate) (ATIRR). This indicates that there is negative leverage and that the property cannot utilise it.

Positive leverage would be created in the first year if the property was purchased with expected returns equivalent to leverage.

Financial leverage is the process of using borrowed money (debt) to buy assets in the expectation that the income from the new asset or capital gain would outweigh the cost of borrowing. The leverage is summed up in this idea. By using debt (loan money), or leverage, we mean to increase the profits on an investment or project.

Leverage allows investors to increase their market buying power.

Leverage is a tool used by businesses to finance their assets. Rather than issuing stock to raise money, businesses can use debt to finance operations in an effort to boost shareholder value.

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6 0
1 year ago
To get the best deal on a CD player, Tom called eight appliance stores and asked the cost of a specific model. The prices he was
Angelina_Jolie [31]

Answer:

$84.86

Explanation:

I'm guessing they want you to find the standard deviation.

It would be easy to do this in a statistical calculator, but I suspect they want you to do it by hand.

Here are the steps for a manual calculation.

1. Count the elements in the data set

N = 8

2 Calculate the sum of the data set

\displaystyle \sum_{i = 1}^{8}x_{i} = 2011

3. Calculate the mean

\mu_{x} = \dfrac{2011}{8}  = 251.375

4. Calculate the standard deviation

(a) Subtract the mean from each data point

(b) Square the differences

(c) Add the squares  of the differences

(d) Divide the sum by the number of terms

(e)Take the square root of the result

We can set up a table to organize the calculations.

\begin{array}{rrr}\mathbf{x} & \mathbf{x - \mu} & \mathbf{(x - \mu)^{2}}\\298 & 46.63 &2174\\125 & -126.38 & 15971\\411 & 156.93 & 254801\\157 & -94.38 & 8907\\231 & -20.38 & 415\\213 & -38.38 & 1473\\304 & 52.63 & 2769\\272 & 20.63 & 425\\\sum = \mathbf{2011} & & \mathbf{57614}\\\end{array}\\\\\sigma = \sqrt{\dfrac{ 57614}{8}} = \sqrt{7201.7} = \mathbf{\$84.86}

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Is the development and use of information systems to help organizations achieve their strategic goals?
ycow [4]
Management Information System (MIS)

I believe is your answer!
4 0
4 years ago
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