Answer:
Explanation:
New selling price = $110 - $10
= $100
New sales level = 1,000 units x 150%
= 1,500 units
Net operating income = 1,500 units × Selling price of $100 per unit - 1,500 units × variable expense of $60 per unit - $30,000 + $5,000
= $25,000
Therefore, the net operating income after the changes is $25,000.
Answer:
Present value (P) = $4,000
Interest rate (r) = 6% = 0.06
Number of years (n) = 5 years
FV = P(1 + r)n
FV = $4,000(1 + 0.06)5
FV = $4,000(1.06)5
FV = $4,000 x 1.338225578
FV = $5,353
Explanation:
The future value of the investment is a function of present value multiplied by 1 + interest rate raised to power number of years.
Answer:
$1,125,000
Explanation:
The total amount of property, plant, and equipment will appear under the Non-Current Assets section of the Balance Sheet. Thus prepare the Non Current Asset Section as follows :
Non Current Asset Section
Land $100,000
Land held for future use $150,000
Office Building $700,000
Equipment $450,000
Office Furniture $150,000
Accumulated Depreciation ($425,000)
Total $1,125,000
Answer:
$4,850
Explanation:
the amount of fringe benefits that should be included in Linda and Richard's gross income on their 2019 tax return is $4,850
This was gotten by adding $850 worth of employee discount coupons for hotel rooms and $4,000 in tuition fees during 2019
$4,000 + $850
= $4,850
Alternative development means local development
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