Answer: Project X
Explanation:
Project X payback period:
Payback period if the inflow is constant = Investment amount / Annual inflow
= 100,000 / 40,000
= 2.5 years
Project Y payback period:
= Year before payback + Amount remaining / Cash inflow in year of payback
Project Y makes no inflows from year 2 to 4 and brings in a substantial amount in year 5. Year before payback must be 4 years therefore.
Amount remaining = 100,000 - 50,000 in first year
= $50,000
= 4 + 50,000 / 250,000
= 4.2 years
Project X will be chosen as its payback period is less than 3 years.
- The annual depreciation expense is $17,000.
- The book value at the end of the twentieth year of use is $425,000.
- The depreciation expense for each of the remaining 20 years is $20,000.
<h3>What is the annual depreciation expense?
</h3>
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Annual depreciation = ($765,000 - $153,000) / 36 = $17,000
Book value in the 20th year = cost of the asset - accumulated depreciation
765,000 - (17,000 x 20) = $425,000
Depreciation expense for each of the 20 years = (book value - new residual value) / new useful life
(425,000 - $25,000) / 20 = $20,000
To learn more about straight line depreciation, please check: brainly.com/question/6982430
#SPJ1
Answer:
Net Cash Flows from Operating Activities Using Indirect Method is $71,825
Explanation:
In Cornelius Inc.:
Increase in Accounts receivable = $17,650 - $11,500 = $6,150
Decrease in Inventory = $27,825 - $33,800 = -$5,975
Increase in Accounts payable = $24,600 - $15,900 = $8,700
Cornelius Inc. uses the indirect method.
Net Cash Flows from Operating Activities = Net Income + Depreciation expense - Increase in Accounts receivable + Decrease in Inventory + Increase in Accounts payable = $52,000 + $11,300 - $6,150 + $5,975 + $8,700 = $71,825
Answer:
<u>Data, information</u>
Explanation:
Automation Technology refers to the process of using minimal human efforts in any process, and then making it automatic with the use of advanced machines.
Similarly not in manufacturing processes but also in the information processes, it sorts the process and does not require huge human efforts.
As for example the efforts required to solve the sorting of 100 score sheets manually, vs sorting in excel are completely different.
Thus, this technology helps to sort the data and create the connection between various information.
Answer: Drivers
Explanation:
The demand for gasoline is inelastic. Inelastic demand means that a change in price would have very little or no impact on quantity demanded. Quantity demanded would remain the same even if price changes.
If demand of gasoline is inelastic, more of the burden of tax can be shifted to the drivers.
Therefore, the drivers would pay more of the tax increase.
If supply is elastic, it means quantity supplied is sensitive to changes in price. Therefore, gasoline companies would pay less of the tax increase.
I hope my answer helps you.