Five business functions ?

Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following i

KATRIN_1 [288]

Answer:

Net Cash provided by Operating Activities = $13,000

Explanation:

Rodriguez Company

Statement of Cash flow(Partial)

Cash flows from operating activities Amount

Net Loss $(6,920)

Add: Depreciation $7,600

Add: Increase in Salaries Payable $11,200

Add: Decrease in Accounts receivable $6,400

Add: Amortization of Copy Rights $220

Less: Decrease in Other accrued $(5,500)

liabilities

Net Cash provided by Operating $13,000

Activities

Workings

Accounts receivable decrease = $15,600 − $9,200

Accounts receivable decrease= $6,400

Salaries payable increase = $13,600 − $2,400

Salaries payable increase= $11,200

Other accrued liabilities decrease = $1,300 − $6,800

Other accrued liabilities decrease = - $5,500

8 0

4 years ago

The annual commissions per salesperson employed by a manufacturer of light machinery averaged $40,000 with a standard deviation

makvit [3.9K]

Answer:

60.06%

Explanation:

For each of the amounts first of all we get the z values.

For $32,000 z= (Amount - Mean)/Standard deviation

z= (32,000- 40,000)/5,000= -1.6

For $42,000, z= (42,000- 40,000)/5,000

z= 0.4

Using probability tables to find the proportion of commission between 0.4 and -1.6, we will need to add 0.4452 and 0.1554.

This gives 0.6006= 60.06%

So the salesperson earns 60.06% commission between $32,000 and $42,000.

6 0

3 years ago

You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dolla

never [62]

Answer:

$41,667

Explanation:

First and foremost, in order to profit from the arbitrage opportunity, we need to first of all convert dollars to euro using the exchange rate below

$1.60 = €1.00

$1,000,000 in euros= $1,000,000*€1.00/$1.60=€625,000

Next we convert the euros to pounds using the rate quoted by the bank below:

£1.00 = €1.20

€625,000 in pounds=€625,000*£1.00/€1.20=£ 520,833.33

Lastly, we convert the pounds sterling back to dollars using the below exchange rate

$2.00 = £1.00

£ 520,833.33 in dollars=£ 520,833.33*$2/£1.00=$ 1,041,666.67

Profit from the arbitrage=$ 1,041,666.67 -$1,000,000.00

Profit from the arbitrage=$41,667(rounded to a whole dollar amount)

8 0

3 years ago

Cindy, who is self-employed, maintains an office in her home that comprises 24% (290 square feet) of total floor space. Gross in

ZanzabumX [31]

Answer:

The correct answer for regular method is $2,514 and for simplified method is $1,450.

Explanation:

According to the scenario, the computation of the given data are as follows:

Regular Method:

Total home deduction = ( Real property taxes × 24%) + ( Interest on mortgage × 24%) + (Operating expenses × 24%) + ( Depreciation )

So, by putting the value, we get

Total home deduction = ( $2,400 × 24%) + ( $4,000 × 24%) + ($2,200 × 24%) + ( $450 )

= $576 + $960 + $528 + $450

= $2,514

Simplified Method:

According to simplified method, the maximum deduction per square ft. can be $5.

So, Home deduction = $5 × 290 Sq. ft.

= $1,450.

6 0

4 years ago

Turk Manufacturing uses the net present value method to make the decision, and it requires a 15% annual return on its investment

Scrat [10]

Answer:

E) Only Machine B is acceptable

Explanation:

The computation is shown below;

For Machine A

Year Cash Flow PV Factor PV of Cash Flow

0 -$9,000 1 -$9,000

1 $5,000 0.8696 $4,348

2 $4,000 0.761 $3,044

3 $2,000 0.6575 $1,315

NPV -$293

Machine B

Year Cash Flow PV Factor PV of Cash Flow

0 -$9000 1 -$9,000

1 $1,000 0.8696 $869.6

2 $2,000 0.761 $1,522

3 $11,000 0.6575 $7,232.5

NPV $624.1

As we can see that from the above calculations that the npv for machine A is in negative so the same should not be accepted but for machine the npv is in positive so the same should be accepted

4 0

3 years ago

Five business functions ?​

Five business functions ?