8.35=8
Any decimal point below 5 is rounded down; above 5 is rounded up
Ex: 10.6=11
Hope this helps!
B handle all aspects of exporting..
Answer:
$2,034,500 ; A
Explanation:
In this question, we are asked to calculate cost estimate.
One of the methods which we can use to do this is the cost factor technique.
Mathematically, the estimated total cost will be;
Ct = hCe
Where Ce refers to cost at major equipment and h is the overall cost factor.
From the question, we can identify the following;
Ce is $650,000 while h = 1.82 + 1 + 0.31 = 3.13
Inputing these values in the formula, we have;
Ct = $650,000 * 3.13 = $2,034,500
Answer: <em>No, since the value of the cash flows over the first two years are less than the initial investment</em>
Explanation:
value of cash flows for the first two years = $48,000 (24,000x2)
Initial Investment = $50000
Because the additional $48,000 profit during the two year payback is not grater than the $50,000 purchase, they should not put the large neon sign up.
Answer:
Net income in cash = -$17,000
Net income of accounting= $ 198,000
Explanation:
$123,000 service provided for cash
-$140,000 Expenses paid in Cash
= -$17,000 Net income in cash
$240,000 Services provided on account
-$42,000 Expenses on account
=$198.000 Net Income of accounting
