Answer:
Antonio and Replacement of Golf Clubs
a. He should cash the CD and use the proceeds to finance part of the golf clubs.
b. The reason is that he would pay more in in-store financing totaling $37.06 per annum than the net interest he would generate from the CD totaling $23.18 per annum. And Antonio would incur a net loss of $13.88 if the CD was renewed unlike the $5.74 if the CD were not renewed.
Explanation:
Option 1: Renew Certificate of Deposit (CD):
Interest earned = $33.48 ($600 * 5.58%)
Taxes = 10.30 ($33.48 * 30.75%)
Net Income = $23.18
Cost of in-store financing = $37.06 ($710 * 5.22%)
Net Loss(overall) = $13.88 ($37.06 - $23.18)
Option 2:
Sale-off of CD = $600
Net financing required = $110 ($710 - $600)
Cost of financing = $5.74 ($110 * 5.22%)
Answer:
C. Decide on a general, neutral comment you can make if customers ask you about a warranty
Explanation:
The comment might be that each product contain the warranty within the box.
Explanation:
Remember, a workplace is an environment not just working but for learning.
<em>For example</em>, subject matter experts (SMEs) are individuals inn a workplace who has special skills or experience on a particular job or topic. So, they can provide necessary assistance through this common methods
- oral instructions
- written instructions
- video based instructions
A persons's peers can also assist with information to do one's job using the above methods.
Answer:
The impact on cash flow from operations in the current year based on the changes in operating assets and liabilities is:
a. -200
Explanation:
a) Data and Calculations:
Prior Year Current Year Changes
Accounts receivable 1,725 1,825 $100
Inventories 1,535 1,785 $250
Accounts payable 1,325 1,475 $150
b) Accounts receivable increased by $100, thereby reducing cash inflows. Inventories increased by $250, thereby reducing cash inflows. Accounts payable increased by $150, thereby increasing cash inflows. The net effect or impact is a reduction of $200 in the cash from operations.
Answer:
Equity will be decreased.
Salaries expense will be increased.
Explanation:
As paid salaries are an expense, the total amount of <em>salaries expense</em> will certainly increase (no matter if it is paid or not). Since salaries expense is not a balance sheet item, it has to be represented through an item in it. Equity will be decreased through the decrease of retained earnings (equity item), which is the result of increased expenses.
