1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
strojnjashka [21]
3 years ago
9

Marston Manufacturing Company is considering a project that requires an investment in new equipment of $3,600,000, with an addit

ional $180,000 in shipping and installation costs. Marston estimates that its accounts reveivable and inventories need to increase by $720,000 to support the new project, some of which is financed by $288,000 increase in spontaneous liabilites (accounts payable and accruals).
The total cost of Martson's new equipment is ___________
a. $3,780,000
b. $4,212,000
c. $720,000
Business
1 answer:
Artyom0805 [142]3 years ago
6 0

Answer:

a. $3,780,000

Explanation:

According to the scenario, calculation of the given data are as follows

New equipment = $3,600,000

Shipping and installation = $180,000

We can calculate the total cost of Martson's new equipment by using following formula,

Total Cost = New equipment cost + Shipping and Installation cost

By putting the value, we get

Total Cost = $3,600,000 + $180,000

= $3,780,000

You might be interested in
Will i be rich from business or entrepreneurship
Ber [7]

Answer:

Business

Explanation:

entrepreneurship is just a map in which successful are those just make this web

7 0
2 years ago
Read 2 more answers
What does the investment component of GDP measure? a. spending on domestically produced goods by foreign buyers b. spending by h
viktelen [127]

Answer:

1) The correct answer is letter "C": spending on goods to be used in future production.

2) The correct answer is letter "B": is considered unsold inventory and counted as a part of investment in current GDP.

Explanation:

1) The Gross Domestic Product (GDP) considers four (4) components: <em>Consumption, Investment, Government, </em>and <em>Net Exports</em> (exports-imports). Investments refer to all goods that are purchased to produce other goods in the future. Final goods to be used or to replace others do not fall into this category.

2) The output of a company is computed within the GDP. Even if the output is not sold after production but it is recorded as part of an organization's inventory, it will be considered in the calculation of the GDP of the year when the production of the good took place.

6 0
3 years ago
Dakota Corporation decided to issue three-year bonds denominated in 5 million Russian rubles at par. The bonds have a coupon rat
sertanlavr [38]

Answer:

23.39%

Explanation:

From the given information, the amount was raised in rubies, Hence, we will convert them to dollars to be able to pay back the needed obligations.

However, according to the exchange rates, the IRR of dollar cash flow is the actual cost of financing that the company will address.

By applying the EXCEL FORMULA to compute the actual cost of financing, we get;

   A                    B                    C                    D                          E

Coupon              17%

Year                      0                    1                    2                         3

Cashflow in

rubles            5,000,000   5000000*17%  5000000*17%    5000000+850

                                           = 850000          = 850000         000

                                                                                                 = 5850000

Exchange          $0.30         $0.032                 $0.034              $0.035

rate

(per rubles)   5,000,000       5,000,000          5,000,000      5,000,000

Cash flow      × 0.03            × 0.032               × 0.034           × 0.035

in dollars    =  $150000.00  27200.00        28900.00           204750.00

IRR                   23.39%

8 0
3 years ago
The following costs were incurred in May:
algol13

Answer:

d. $55,600

Explanation:

Direct Labor = $34,000

Manufacturing Overhead Cost = $21,600

Conversion Cost = Direct Labor + Manufacturing Overhead Cost

Conversion Cost = $34,000 + $21,600

Conversion Cost = $55,600

So, the conversion costs during the month totaled $55,600.

3 0
3 years ago
Wetherald Products, Inc., has a Pump Division that manufactures and sells a number of products, including a standard pump that c
Ad libitum [116K]

Answer:

$120 per unit

Explanation:

The computation of minimum acceptable transfer price is shown below:-

If the division of the transferor does not have spare capacity, the minimum transfer price is equal to variable cost per unit and the contribution margin per unit

Minimum transfer price = Variable cost per unit + (Selling price to outside customers - Variable cost per unit)

= $72 + ($120 - $72)

= $72 + $48

= $120 per unit

Therefore for computing the minimum transfer price we simply applied the above formula.

5 0
2 years ago
Other questions:
  • Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and
    13·1 answer
  • What three spending accounts can Leslie adjust now to better match what’s in her budget (select all that apply)
    11·1 answer
  • In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures from histori
    9·1 answer
  • Which of the following statements is TRUE of payback​ period? A. If the payback period is greater than the maximum acceptable pa
    15·1 answer
  • In the micro supply and demand model, which of the following is true when a fully effective price ceiling is removed from a comp
    11·1 answer
  • Which situation shows OSHA's three-pronged approach to improving safety?
    5·2 answers
  • When a $1000 bond is initially sold at 5 percent "coupon" yield for 30 years, $50 (.05 x $1,000) interest per year is paid to th
    14·1 answer
  • 2. Specify which of the following cash transactions would have resulted in the $2,500 posting to the account. (You may select mo
    10·1 answer
  • If the variable cost per unit goes down, a. Contribution margin increases and Break-even point decreases. b. Contribution margin
    11·1 answer
  • Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.15, but management expects to reduce the p
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!