The capital expenditures budget should be integrated with all of the following except

You are saving money to buy a car. If you save $ 320 per month starting one month from now at an interest rate of 9%, how much

12345 [234]

Answer:

$24135.72

Explanation:

Given pmt 320, r 9% n 5 years

This amount is paid monthly s\and there are 12 months in a year

r = 9%/12 =0.75%

n = 5* 12 =60

We will use the future value of annuity

FV = pmt *[(1+r)^n - 1/r)]

= 320 *[(1+0.0075)^60-1/0.0075

=$24135.72

6 0

3 years ago

Read 2 more answers

Selzik Company makes super-premium cake mixes that go through two processing departments—Blending and Packaging. The following a

solmaris [256]

Answer:

Please see answers below

Explanation:

We know that ;

Beginning work WIP 10,000

Units started 170,000

a. Ending WIP 20,000

Material 100% complete = 20,000 EU

Conversion 100% complete = 8,000 EU

b. Units completed = 160,000

Units started and completed = 150,000

Beginning WIP costs;

Materials cost $8,500

Conversion cost $4,900

Costs added during the period;

Materials cost $139,400

Conversion cost $244,200

Equivalent units for July;

EU for materials = 170,000

EU for conversion = 7,000 + 150,000 + 8,000 = 165,000

Costs per EU:

Materials = $139,400 / 170,000 = $0.82 per EU

Conversion = $244,200 / 165,000 = $1.48 per EU

c. Total costs;

Ending WIP = [20,000 × $0.82] + [8,000 × $1.48] = $28,240

Units transferred out = [$383,600 - $28,240] + $8,500 + $4,900 = $368,760

d. Therefore,

Costs to be accounted for ;

Beginning work in process $13,400

Cost added $383,600

Total costs to be accounted for $397,000

Also,

Costs account ted for are as follow

Units transferred out $368,760

Ending WIP $28,240

Total costs accounted for $397,000

5 0

3 years ago

Salt Company is considering investing in a new facility to extract and produce salt. The facility will increase revenues by $220

e-lub [12.9K]

Answer:

12%

Explanation:

Annual net income:

= Increase in annual revenue - Increase in annual costs

= $220,000 - $160,000

= $60,000

Average investment:

= (Initial investment + Salvage value at the end) ÷ 2

= (980,000 + 20,000) ÷ 2

= $500,000

Annual rate of return:

= (Annual net income ÷ Average investment) × 100

= ($60,000 ÷ $500,000) × 100

= 12%

5 0

3 years ago

Leaders using the __________ style of leadership are only minimally involved in decision making and encourage group members to m

Alexeev081 [22]

<h2>Leaders using the "authoritarian leadership" are only minimally involved in decision making and encourage group members to make their own decisions.</h2>

Explanation:

Authoritarian leadership is also called Autocratic leadership.

They take little inputs from the group and has overall control and decision making power.

They do not accept advice from others

They do not trust others and try to rule everyone.

Most of the team members are not allowed to participate in any of the event and not even the immediate subordinate. Team members work like a robot.

It often outcomes only adverse effects.

8 0

3 years ago

Presented below is net asset information related to the Skysong Division, Inc.

dexar [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

3 0

3 years ago