Answer: $33,440
Explanation:
First find the units to be produced for the year:
= Forecasted demand + Closing inventory - Opening inventory
= 18,000 + 900 - 660
= 18,240 units
Cost of production:
= 18,240 * 22
= $401,280
Cost per month:
= 401,280 / 12
= $33,440
Answer:
<h2>The answer in this case would be option A. given in the answer choices or Grading.</h2>
Explanation:
- In a general sense, grading is a process of organizing or ranking various items based on certain criteria or characteristics.
- In this instance,notice that the pine lumbers are visually inspected and processed or organized on the basis of their respective characteristics and use or utilization. The classification of the lumbers include "No1", No.2" or "Select Structural" etc. which signifies some kind of ranking based on the specified criteria or conditions.
- Hence, such type of classification system of items or commodities is usually considered as ranking or grading.
Answer:
The requirement is to calculate the present value of each option:
$ 11.26 million
$11.5 million
$ 12.52 million
Explanation:
The present value formula in excel is very useful in this case:
=-pv(rate,nper,pmt,fv)
rate is the 14% interest rate to be earned per year
nper is duration of the payment
pmt is the amount of payment expected per year
fv is the is the future worth of the payment which is unknown
Option 1:
=-pv(14%,20,1.7,0)=$ 11.26 million
Option 2:
The amount receivable today is the present value i.e $11.5 million
option 3:
=-pv(14%,20,1.4,0)=$9.27 million
total =amount received today+$ 9.27 million=$3.25 million+$ 9.27 millon=$ 12.52 million
Answer:
The correct answer is C
Explanation:
Economies means the state of the region or the country in relation to the consumption and the production of the services and the goods and also the supply of the money.
If the economies of the India and the China, will be slow down, then the loanable funds as well as the interest rates will increase because the money for liquidity will be negligible which lead to competition among using the money for personal consumption or to delay the consumption through lending the money out.
Answer: 2.61 times
Explanation:
Times Interest ratio = Earnings before Interest and Tax / Interest
Earnings before Interest and tax = Sales - Cost of goods sold - Depreciation expenses
= 594,000 - 255,330 - 67,900
= $270,770
Net Income = Addition to retained earnings + Total dividends paid
Net income = 80,300 + ( 27,500 * 1.64)
= $125,400
Earnings before tax = Net Income/ ( 1 - T)
= 125,400/ ( 1 - 0.25)
= $167,200
Interest = Earnings before interest & tax (EBIT) - Earnings before tax (EBT)
= 270,770 - 167,200
= $103,570
Times Interest ratio = 270,770 / 103,570
= 2.61 times
