Answer:
B. a decrease of $30,000
Explanation:
The computation of company’s overall profit is shown below:-
To continue = Contribution margin - Fixed cost
= $65,000 - $70,000
Loss = $5,000
To Discontinue = Unavoidable fixed cost ÷ 2
= $70,000 ÷ 2
= $35,000
So, Net Loss = To continue (Loss) - To Discontinue
= $5,000 - $35,000
= $30,000
Therefore there is a decrease of $30,000
Answer:
A governmental audit may extend beyond an examination leading to the expression of an opinion on the fairness of financial statement presentation to include
investigation of the economy, efficiency and effectiveness of operations.
Explanation:
This is known as a value for money audit. It is an independent evidence-based investigation which examines and reports on whether economy, effectiveness, and efficiency have been achieved in the use of governmental funds, which are public funds. This is how many audits for governmental funds are conducted, by expanding the scope to include these three important operational elements.
Answer:
The answer is Benfit both kalene and jarek
Explanation:
It can help them both out in ways.
-Justin:)
Answer:
Annual lease payment = $6874.69
Explanation:
Computation of annual rental payment:
Residual value = 28000
present value (6%,4Yr) = 0.79209
Present value = 28000 x 0.79209
present value of residual value = $22178.52
Fair value of machine = $46000
Less: present value of residual value =22178.52
Amount recover from lease = Fair value of machine minus present value of residual value
Amount recover from lease = $46000 - $22178.52
Amount recover from lease = $23821.5
Annual lease payment = Amount to be recover from lease divided by present value Annuity factor (6%,4yr)
Annual lease payment = 23821.5/3.46510
Hence,
Annual lease payment = $6874.69
