Answer:
NPV = -$132,193.77
Explanation:
best case NPV:
price per unit (+4%) = $48.88
sales per year (+4%) = 32,240
variable cost per unit (-2%) = $22.54
fixed costs (-2%) = $826,042
depreciation expense per year = $227,000 / 4 = $56,750
contribution margin per unit = $26.34
23% tax rate
discount rate = 11.5%
initial outlay = $227,000
net cash flows = {[($26.34 x 32,240) - $826,042 - $56,750] x 77%} + $56,750 = $30,885.392
NPV = -$132,193.77
Answer:
He is acting as a spokesperson.
Explanation:
According to Mintzberg, Spokesperson is the person who is responsible for representing company on a public forum and is not associated with management of companies core operation.
Answer:
Evans Company
General Journal
Part a.
Debit : Cash $645
Debit : Cost of goods sold $375
Credit : Sales Revenue $645
Credit : Merchandise $375
Part b.
Debit : Cash $432
Debit : Cost of goods sold $195
Credit : Sales Revenue $432
Credit : Merchandise $195
Part c.
Debit : Accounts Receivable $670
Debit : Cost of goods sold $438
Credit : Sales Revenue $670
Credit : Merchandise $438
Part d.
Debit : Credit Card fees $85
Credit : Cash $85
Explanation:
The Perpetual inventory system calculates the cost of sale and inventory balance on each and every sale made hence the journals above.
Answer:
- <u><em>4,099 units or more</em></u>
Explanation:
The cumulative distribution of a random variable X that follows a normal distribution is given by the area undear the "bell curve" and the values are given by the corresponding table for the standard normal distribution.
The standardized value of the variable X is called Z and is calculated with the formula:
Where:
You read the Z-value for which the probability is greater than or equal to 5% in the table for the values of the area to the right of Z. Using probability = area under the curve ≥ 5%, the Z-value is 1.645 (interpolating between p = 0.0495, Z = 1.64 and p = 0.0505, Z = 1.65).
Substituting in the formula for Z:
- X= 60 × 1.645 + 4,000 = 4,098.7 ≈ 4,099
Hence, the bonus will be paid on 4,099 units or more.
