Answer:
It will need to sale 2,002 units per year to achieve a 10% return on the machine
Explanation:
We will calculate the amount of sales in dollars. We will think this as an annuity which present values is 123,000. That way the company will achieve a 10% return on the machine:
PV $123,000.00
time 10 years
rate 10% = 0.1
C 20,017.68
Now, we divide the cuota by the price per unit to get the units sales per year:
20,017.68 / 10 = 2,001.76 = 2,002 units
Answer:
31 Dec 2017 Depreciation Expense $1370 Dr
Accumulated Depreciation-Riding mower $1370 Cr
Explanation:
The straight line method of depreciation charges a constant depreciation per year through out the useful life of the asset. The depreciation expense per year under straight line method is calculated as follows,
Depreciation expense = ( Cost - Salvage Value) / Estimated useful life
Thus,
Depreciation expense = (15900 - 2200) / 10
Depreciation expense = $1370 per year
<u>Explanation:</u>
The sooner a stock turnover happens, the more profitable a business operates while enjoying a greater return on its capital and other resources. The stock turnover rate, otherwise known as inventory changes, provides insight into the productivity of a business, both actual and comparative, while turning its money into revenues and profits.
For Example:
When two organizations do have Twenty million in stock, the one which sells everything in 30 days has good cash balance and lower incidence than the one which requires 60 days to do.
Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.
<h3>
What is the exchange rate?</h3>
- An exchange rate is a rate at which one currency is exchanged for another in finance.
- Currencies are most typically national currencies, although they can also be sub-national, as in Hong Kong, or supra-national, as in the euro.
- The value of one country's currency in respect to another currency is also referred to as the exchange rate.
- Other things remain constant, if the exchange rate increases from 20 pesos to 30 pesos, the dollar appreciates and buys more Mexican items.
Therefore, other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.
Know more about exchange rates here:
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The correct question is given below:
Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar ________.
The group of answer choices
(A) appreciates and buys more Mexican goods.
(B) appreciates and buys fewer Mexican goods.
(C) depreciates and buys more Mexican goods.
(D) depreciates and buys fewer Mexican goods.
Answer:
If you dont pay your balance , Yes you have to pay interest on everything you buy on your card because that is money from the bank so you have to pay your balance for them to get there money back.
Explanation: