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3 years ago

20 POINTS!!

Business

1 answer:

NemiM [27]3 years ago

5 0

Answer:

Explanation:

4) go shopping for new clothes. you choose to get an hour of exercise. based on this what is the opportunity cost of your choice

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State for each account whether it is likely to have (a) debit entries only, (b) credit entries only, or (c) both debit and credi

Leya [2.2K]

Answer:

No. Account Type Likely account entries

1. Fees Earned , normal balance is credit (b) Credit entries only

2. Utilities Expense , normal balance is debit (a) Debit entries only

3. Accounts Payable , normal balance is credit (c) both debit and credit entries

4. Supplies , normal balance is debit (c) both debit and credit entries

5. Cash , normal balance is debit (c) both debit and credit entries

6. Accounts Receivable , normal balance is debit (c) both debit and credit entries

Explanation:

Accounts that normally have debit entries include assets (both long-term and current), expenses, and losses. Accounts that normally have credit entries are liabilities, equity, revenue, income or gains. Most accounts have debit and credit entries before their normal balances are indicated. The accounts with debit entries are mainly expenses and losses, while revenues and income have mainly credit entries.

6 0

3 years ago

Suppose interest rates increase in the United States. We expect capital _____ to the United States and the U.S. Dollar price of

Ede4ka [16]

Falls shapely - the damand for pounds: Suppose interest rates fall shapely in the United States but are unchanged in Great Britain. Other things equal, under a system of freely floating exchange rates we can expect the damand for pounds in the United states to ncrease rates falls shapely in the United States but are unchanged decrease, the supply of pounds to increase, and the dollar to appreciate relative to the pound.

3 0

3 years ago

When electra decided to produce its "pedal-assist" motor bike it had to adhere to speed regulations. the company found out, howe

Inessa [10]

Electra experienced in this case the effect of legal, regulatory differences between the different markets in which they wished to introduce their new product. By choosing to use the lower motor speed, they eliminated the need to redesign the product for the various markets. Instead, one product could be produced and distributed worldwide.

3 0

3 years ago

Assume the following data for Cable Corporation and Multi-Media Inc. Cable Corporation Multi-Media Inc. Net income $ 30,700 $ 11

BlackZzzverrR [31]

Answer:

Return on equity (ROE) for Firm A = 11.99%

Return on equity (ROE) for Firm B = 25.33%

Explanation:

Return on equity (ROE) = net income by shareholders' equity

Return on equity (ROE) for Firm A

30,700/256,000 x 100= 11.99%

Return on equity (ROE) for Firm A

115,000/454,000x 100 = 25.33%

6 0

4 years ago

We are evaluating a project that costs $1.68 million, has a six-year life, and has no salvage value. Assume that depreciation is

zvonat [6]

Answer:

Best-Case Worst-Case

NPV NPV

PV of cash inflows $2,897,706 $3,187,477

PV of project cost $1,680,000 $1,848,000 ($1,680,000 * 1.1)

NPV $1,217,706 $1,339,477

Explanation:

a) Data and Calculations:

Initial project cost = $1.68 million

Project's estimated life = 6 years

Salvage value = $0

Depreciation expense = $280,000 ($1.68 million/6)

Income Statement:

Sales revenue (90,000 * $37.95) = $3,415,500

Cost of goods sold:

Variable cost (90,000 * $23.20) = 2,088,000

Gross profit = $1,327,500

Fixed costs = 815,000

Income before tax = $512,500

Income tax (21% of $512,500) = 107,625

Net income = $404,875

Add depreciation expense 280,000

Annual cash inflows = $684,875

PV annuity factor for 6 years at 11% = 4.231

PV of annual cash inflows of $684,875= $2,897,706 ($684,875 * 4.231)

Annual cash inflows = $753,363 ($684,875 * 1.1)

PV of annual cash inflows of $753,363 = $3,187,477 ($753,363 * 4.231)

3 0

3 years ago