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Troyanec [42]
3 years ago
11

MC Qu. 160 Webster Corporation's monthly... Webster Corporation's monthly projected general and administrative expenses include

$4,300 administrative salaries, $1,700 of other cash administrative expenses, $2,200 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $27,000. Compute the total general and administrative expenses to be reported on the general and administrative expense budget per month.
Business
1 answer:
Cloud [144]3 years ago
5 0

Answer:

the total general and admin expense is $8,200

Explanation:

The computation of the total general and admin expense is given below:

Administrative salaries $4,300

Other cash administrative expenses $1,700

Depreciation  $2,200

General and administrative expenses budget $8,200

hence, the total general and admin expense is $8,200

We simply added the above 3 items so that the correct value could come

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Two months ago, Lisa was honorably discharged from the Air Force where she spent four years training as an airplane mechanic. Af
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Explanation:

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Lisa weekly income = 40 * $18 = $720

Lisa monthly income = 40 *$18 * 4 = $2,880

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c) The housing expense ratio is the percentage of your gross monthly income devoted to housing expenses, which should not exceed 36% of your monthly or annual gross income.  According to the general rule, the household expense payments, primarily rent or mortgage payments, cannot exceed more than 28% of the monthly or annual income.

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A tax exempt municipality is considering the construction of a new municipal waste water treatment facility. Two different sites
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Answer:

The incremental benefit/cost ratio for Alt A is 2.15 and The incremental benefit/cost ratio for Alt B is 1.35

Explanation:

In order to calculate the incremental benefit/cost ratio for both of the two alternatives we would have to make the following calculations:

For ALT A

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The incremental benefit/cost ratio for Alt A is 2.15

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incremental benefits = ($3,019,639 -$2,111,404) * [1-(1.06)^-75]/0.06 = $14,945,777.2

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The incremental benefit/cost ratio for Alt B is 1.35

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After visiting several automobile dealerships, Richard selects the car he wants. He likes its $11,500 price, but financing throu
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Answer:

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A) total interest = p x r x t

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  • r = 10%
  • t = 2 years

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C) monthly payment = (principal + total interest) / total number of payments

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D) APR = (total payments x total interest) / [principal x (total payments +1)]

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