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statuscvo [17]
2 years ago
15

Cliff Co. wants to purchase a machine for $42,000, but needs to earn a return of 11%. The expected year-end net cash flows are $

14,000 in each of the first three years, and $18,000 in the fourth year. What is the machine's net present value
Business
1 answer:
grandymaker [24]2 years ago
3 0

Answer:

54 percent

Explanation:

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During the current year, Elk Company incurred the following direct labor costs: January $40,000 and February $60,000. Elk uses a
Rom4ik [11]

Answer:

January Overheads are <u>under-applied</u> by $2,000.

Explanation:

When,

Actual overheads > Applied overheads we say overheads are under-applied.

Actual overheads < Applied overheads we say overheads are over-applied.

Where,

Applied overheads = Predetermined overhead rate × Actual Activity

Therefore,

Applied overheads (January) = 120% × $40,000

                                                = $48,000

Actual overheads (January) = $50,000.

Conclusion

It can be seen that from the above : Actual overheads : $50,000 > Applied overhead : $48,000, therefore overheads were under-applied.

Amount of under-applied overheads = $50,000 - $48,000

                                                             = $2,000

5 0
3 years ago
Which is the opposite of -5? <br> 5<br><br><br> 15<br><br> −15<br><br> -5
Nataly [62]
5 is the opposite of -5
5 0
3 years ago
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a buyer's willingness to pay for a good plus the price of the good. the amount by which the quantity supplied of a good exceeds
White raven [17]

Answer:

A buyer's willingness to pay for a good plus the price of the good means the buyer is indifferent between buying the good and not buying it.

Surplus is the amount by which the quantity supplied of a good exceeds the quantity demanded of the good.

Producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.

Consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.

6 0
2 years ago
In 2020, Ensley drove her automobile 28,500 miles. She incurred the following expenses during the year related to the automobile
JulsSmile [24]

Answer: $2722

Explanation:

Ensley's automobile deduction under the actual cost method is calculated below:

Gas and oil = $1800

Add: Insurance = $980

Add: Repairs = $360

Add: Licenses and registration fees = $50

Total Expenses = $3190

We then calculate the business usage which will be:

= 80% of $3190

= 0.8 × $3190

= $2552

We then add the cost of business parking and tolls, then the total deduction will be:

= $2552 + $170

= $2722

4 0
3 years ago
A graduate student wants to examine the effect of print media versus televised media on individuals' position on several social
Phoenix [80]
<span>The student's IRB should reject the project because the student is treating the prisoners as subjects and conveniences. The student is only concerned about her research and is not really worrying about the prisoners, which could be viewed as inhumane. Even if the project were approved, the student would be put into a dangerous environment which would not be wise.</span>
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3 years ago
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