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Mekhanik [1.2K]
3 years ago
12

Which expense category will most likely be changed to allow money for the purchase of a car? savings Which expense category will

most likely be changed to allow money for the purchase of a car?
savings
groceries
utilities
entertainmentgroceries utilities entertainment
Business
2 answers:
suter [353]3 years ago
6 0

Answer:

D. entertainment

Llana [10]3 years ago
4 0
Entertainment is the correct answer
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Calculate Cash FlowsNature’s Way Inc. is planning to invest in new manufacturing equipment to make a new garden tool. The garden
snow_tiger [21]

Answer:

Net cash flow for year 1 = ($217,400)

Net cash flow for year 2-9 = $39,600

Net cash flow for last year = $56,600

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Explanation:

                                               Year 1           Year 2-9       Last year

Initial investment               -$257,000

<em>Annual revenue                  $120,000       $120,000     $120,000 </em>

<em>Selling expense                 -$6,000         -$6,000       -$6,000 </em>

<em>Cost of manufacture          -$74,400       -$74,400     -$74,400 </em>

Net operating cash flows   <u>$39,600</u>        <u>$39,600</u>      <u>$39,600</u>

Total for year 1                   <u>-$217,400</u>

Total for year 2-9                                      <u>$39,600</u>

Residual value                                                                <u>$17,000</u>

Total for last year                                                           <u>$56,600</u>

6 0
3 years ago
Why are there no jet streams in the equator?
arlik [135]

Answer:

Because the hot and cold air follow the boundaries of earth.

Explanation:

3 0
3 years ago
An institutional lender is willing to make a loan for $1 million on an office building at a 10% interest (accrual) rate with pay
k0ka [10]

Answer:

$7337.65.

Explanation:

Loan is what someone in need of financial aid for the purpose of investment or other things collect or take money from banks, friends, family or relatives with the intent of returning it back(probably with interest too).

From the question, we are given the following information: the total loan amount on an office building = $1 million = 1,000,000 at a 10% interest (accrual) rate '' with payments calculated using an 8% pay rate and a 30-year loan term".

Hence, if we are to do this on Excel, we will just just use the - PMT of 8% divided by 12 = (0.00666666667) , the number of payment = 360 and the total loan amount which is going the give us the value of $7337.65.

7 0
3 years ago
Do you think it is best to keep track of finances using a check register, a bank statement, or both? Why?
aalyn [17]
It is best to keep both a check register and then to reconcile your bank statement with your check register. That means you have recorded everything that has happened.
7 0
3 years ago
Gordon Ltd., a 100% owned British subsidiary of a U.S. parent company, reports its financial statements in local currency, the B
anastassius [24]

Answer:

Average rate = $1.55

Explanation:

Normally all companies use the current rates for the transaction, revenue department and profit loss, but it is not fair to use the same current rate on different dates.

Therefore, businesses usually use average exchange rates to overcome these kinds of shortcomings.

Therefore in this example, it would be appropriate to use the average exchange rates by the parent company to find the income of the subsidiary.

4 0
4 years ago
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