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3 years ago

Use the following information about the current year's operations of a company to calculate the cash paid for merchandise.

Business

1 answer:

Deffense [45]3 years ago

6 0

Answer:

$727,000

Explanation:

Calculation of cash paid for merchandise

Cost of goods sold

$735,000

Add:

Merchandise inventory, December 31

$82,400

Less:

Merchandise inventory, January 1

($84,700)

Purchases during the period

$732,700

Add:

Accounts payable, January 1

$54,500

Less:

Accounts payable, December 31

($60,200)

Cash paid for merchandise

$727,000

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Romashka [77]

Answer:

At 18,600 pounds, cost of both the machines would be equal

Explanation:

At Indifference point of production amount (pounds), the total cost of each machine will be equal .

Indifference Point is calculated as: Change in Fixed Costs/Change in Variable Costs

Indifference Point = (8901 - 7599) / (0.52 - 0.45)

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At 18,600 pounds, cost of both the machines would be equal

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3 years ago

Suppose that Betty’s Beads is a typical firm operating in a perfectly competitive market. Currently Betty’s MR = $15, MC = $12,

Musya8 [376]

Answer:

The correct answer is option B.

Explanation:

Betty's beads is a firm in a perfectly competitive market.

Currently the marginal cost of the firm is $12.

The marginal revenue is $15.

The average total cost is $10 and the average variable cost is $8.

A perfectly competitive firm faces a horizontal line demand curve which also represents the marginal revenue. This implies that the price of the firm is $15.

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4 years ago

Consider the following cash flows for two mutually exclusive capital investment projects. The required rate of return is 7%. Use

konstantin123 [22]

Answer:

$1,900.35

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

The npv can be calculated using a financial calculator:

Cash flow in year 0 = -$32,400

Cash flow in year 1 = $9720

Cash flow in year 2 = $9720

Cash flow in year 3 = $9720

Cash flow in year 4 = $ 4,860

Cash flow in year 5 = $ 4,860

Cash flow in year 6 = $2,430

I =7%

NPV = $1,900.35

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

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