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3 years ago

10

This type of cover letter style does a side by side comparison of an employer’s requirements and an applicant’s experience: a. P

aragraph letter b. T-letter c. Bullet letter d. S-letter

2 answers:

Anton [14]3 years ago

8 0

The answer is B. Did the test.

Vsevolod [243]3 years ago

6 0

It is B just took the test

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Poe Company is considering the purchase of new equipment costing $89,500. The projected annual cash inflows are $39,700, to be r

UNO [17]

Answer: E. $36,345

Explanation:

Net present value = Present value of inflows - Cost of equipment

The inflow is an annuity as it is a constant amount so is calculated as:

Present value of inflows = Inflow * Present value interest factor of an annuity, 10%, 4 years

= 39,700 * 3.1699

= $125,845.03

Net present value = 125,845.03 - 89,500

= $36,345.03

4 0

3 years ago

The interest rate charged on overnight loans of reserves between banks is A) federal funds rate. B) prime rate. C) Treasury bill

eimsori [14]

Answer:

A) federal funds rate

Explanation:

At the end of every day, banks are required to have a certain percentage of deposits on hand (the government sets the amount so that banks don't loan out all of their money at once). In order to have the right amount on hand, banks loan each other money at the federal funds rate of interest.

7 0

3 years ago

Assume that on September 30, 2017, Flyair, an international airline based in Germany, purchased a Jumbo aircraft at a cost o

Murrr4er [49]

Answer: Highest income=The units of Production method of depreciation with $3,412,500

Lowest income=double declining depreciation method with $18,000,000

Explanation:

a) Using Straight line depreciation method

(Cost of value - Salvage value)/ Useful life =(45,000,000 -6,000,000)/5 =$7,800,000

b)Using Units-of-production depreciation method

Depreciation Expense = (Cost – Salvage value) x (Number of units produced / Life in number of units)

=45,000,000 -6,000,000) x (350,000/4,000,000)= $3,412,500

b)Using Double-declining-balance depreciation method

Depreciation Expense = Beginning book value x Rate of depreciation

Rate of depreciation = 100% / useful life x 2= 100/5 x2 = 40 %

Depreciation expense = 40 % x $45,000,000 =$18,000,000

or you use this method directly= 45,000,000/5 x 2= $18,000,000

Now the highest income will come from the depreciation with least expense and from our calculation, the depreciation method with the least expense is from The units of Production method with $3,412,500

In the same vein, the lowest income will come from the most depreciation expense, therefore the most depreciation expense is from the double declining method with $18,000,000

6 0

3 years ago

Which of the following products CANNOT be sold BOTH the consumer and industrial markets?

Ierofanga [76]

The X-Ray machine can only be sold to the industrial market

7 0

2 years ago

For financial accounting purposes, what is the total amount of product costs incurred to make 24,500 units

Anna71 [15]

Answer:

The product cost for 24,500 units is $497,350.

Explanation:

The reason is that the the product cost always includes all the variable production cost and specific fixed production cost. In this scenario, direct material cost, direct labor cost, variable manufacturing overhead cost are variable production cost whereas the fixed manufacturing cost is specific fixed production cost which will form part of product cost. The remainder of the cost left is period cost.

Direct materials (24,500 * $7.7 per unit) $188,650

Direct labor (24,500 * $4.7 per unit) $115,150

Variable manufacturing overhead (24,500 * $2.2 per unit) $53,900

Fixed manufacturing overhead (24,500 * $5.7 per unit) <u>$139,650 </u>

Total product costs $497,350

7 0

2 years ago