Answer:
14.06%
Explanation:
Assume their is a cash out flow today of $100000, and next four year annual cash inflow of 10000 and 120000 at the end of year 4.
We can use IRR formula to find the interest rate.
year cashflow
0 -100000
1 10000
2 10000
3 10000
4 130000
IRR 14.06%
The calculation has been done on excel sheet
Answer:
A. $ 420,000
Explanation:
We have to find the missing information
Sales revenues 1,000,000
variable cost <u> (200,000)</u>
Contribution Margin 800,000
Fixed Cost <u> X </u>
Operating Income 380,000
Contribution margin - operating income = fixed cost
$800,000 - $380,000 = fixed cost
fixed cost = $420,000
Answer:
Forming.
Explanation:
The forming stage includes a time of direction and acclimating. Uncertainty is high during this stage, and individuals are searching for leadership and authority. A member who declares authority or is educated might be hoped to take control.
The deprecation expense in year 1 is $1225.
<h3>
What is the depreciation expense in year 1?</h3>
Depreciation is a method that is used to expense the carrying value of an asset. Straight line depreciation is a depreciation method that allocates the deprecation expense evenly across the useful life of the asset.
Straight line depreciation expense is a function of the useful life of the asset, the cost of the asset and the salvage value of the asset.
Straight line depreciation expense = (number of months from Sept to Dec / number of months in a year) x (Cost of asset - Salvage value) / useful life
(3/12) x [(28,400 - 3900) / 5]
1/4 x (24,500/5) = $1225
To learn more about straight line depreciation, please check: brainly.com/question/6982430
#SPJ1
Answer:
$6,450
Explanation:
The general ledger of a cash account is presented below:
Cash Account
Date Particulars Amount Date Particulars Amount
April 1 Beginning April 16 Rent expense $460
Balance $3,850
April 3 Service April 20 Salaries and
Revenue $3,400 Wages expense $340
April 30 Ending balance $6,450
The ending balance would be
= Beginning balance + service revenue - rent expense - salaries and wages expense
= $3,850 + $3,400 - $460 - $340
= $6,450
