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A local bank is contemplating adding a new atm to their lobby. they will need another phone line to provide communications that

Gala2k [10]

A local bank is contemplating adding a new atm to their lobby. they will need another phone line to provide communications which have a monthly cost of $50 per month. This is an example of Incremental cash flow

Communication is the act of giving, receiving and sharing information. That is speaking, writing, listening and reading. Good communicators listen carefully, speak and write clearly, and respect different opinions.

Communication marketing, public relations and advertising careers. Marketing, public relations, and advertising are three other great areas to dive into with a communications degree that will enable you to communicate effectively in written and verbal communication with your consumers, colleagues, or customers.

Good communication Her skills are essential to enable others and herself to understand information more accurately and quickly. In contrast, poor communication skills often lead to misunderstandings and frustration.

Learn more about communications here

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4 0

2 years ago

Warnerwoods Company uses a perpetual inventory system.

Liono4ka [1.6K]

Answer:

gross profit under FIFO = $40,570 - $25,220 = $15,350

gross profit under LIFO = $40,570 - $26,340 = $14,230

gross profit under weighted average = $40,570 - $26,240 = $14,330

gross profit under specific id. = $40,570 - $26,070 = $14,500

Explanation:

sales revenue = (290 x $86.60) + (160 x $96.60) = $40,570

COGS under FIFO:

130 x $51.60 = $6,708

160 x $56.60 = $9,056

80 x $56.60 = $4,528

80 x $61,60 = $4,928

total COGS = $25,220

COGS under LIFO:

240 x $56.60 = $13,584

50 x $51.60 = $2,580

160 x $63.60 = $10,176

total COGS = $26,340

COGS under weighted average:

weighted average = [(130 x $51.60) + (240 x $56.60) + (100 x $61.60) + (180 x $63.60)] / 650 = $58.31

450 x $58.31 = $26,239.50 ≈ $26,240

COGS under specific method:

80 x $51.60 = $4,128

210 x $56.60 = $11,886

60 x $61.60 = $3,696

100 x $63,60 = $6,360

total COGS = $26,070

8 0

3 years ago

Over the last several decades, the United States has usually had a trade surplus. a trade deficit. decreasing trade levels. bala

faltersainse [42]

Over the last several decades, the United States has usually had a trade deficit.

When the U.S. 2008 recession began, the trade deficit increased.

When net exports increase, GDP increases.

Trade deficit is when the import of an economy is greater than the export of the economy. Import are goods that are bought from foreign countries. Export are goods that are sold to foreign countries. As at August 2021, trade deficit in the United States was $73.3 billion. This is higher than the forecasted amount of $70.5 billion.

During the 2008 recession, trade deficit increased by 3% to $920.7 billion. One of the reasons for this was the increase in the price of crude oil which is a major consistent of import of the United States.

GDP calculated using the expenditure approach is : consumption + government spending + business spending + net export.

Net export = export - import.

If net export increases, GDP increases.

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7 0

3 years ago

Marigold Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project S

Marina CMI [18]

Answer:

d. $175,380.

Explanation:

Net present value for Project Nuts = (Net annual cash inflow*PV of annuity at 10%, 6 period) - Initial investment

Net present value for Project Nuts = ($156000*4.355) - $504,000

Net present value for Project Nuts = $679,380 - $504,000

Net present value for Project Nuts = $175,380

4 0

3 years ago

The comparative balance sheets for Concord Corporation as of December 31 are presented below.

stiks02 [169]

Answer:

Concord Corporation

Statement of Cash Flows for the year ended December 31, 2022

Operating activities:

Net income $32,560

add Depreciation 36,960

Loss from sale of equipment 1,760

Changes in working capital:

Accounts receivable 7,040

Inventory -8,316

Prepaid expenses 5,034

Accounts payable 7,682

Net cash from operations $82,720

Investing activities:

Sale of equipment $7,040

Sale of land 22,000

Purchase of equipment -80,960

Net cash from investments -$51,920

Financing activities:

Dividends payment -10,560

Net cash flows $20,240

Reconciliation:

Beginning cash balance $39,600

Net cash flows $20,240

Ending cash balance $59,840

Explanation:

a) Data and Calculations:

Concord Corporation

Comparative Balance Sheets

December 31

Assets 2022 2021 Changes

Cash $59,840 $39,600 +$20,240

Accounts receivable 44,000 51,040 -7,040

Inventory 133,276 124,960 +8,316

Prepaid expenses 13,446 18,480 -5,034

Land 127,600 114,400 +13,200

Buildings 176,000 176,000 0

Accumulated depreciation

-buildings (52,800) (35,200) (17,600)

Equipment 198,000 136,400 +61,600

Accumulated depreciation

-equipment (39,600) (30,800) (8,800)

Total $659,762 $594,880

Liabilities and Stockholders' Equity

Accounts payable $39,362 $31,680 +$7,682

Bonds payable 264,000 264,000 0

Common stock, $1 par 176,000 140,800 +35,200

Retained earnings 180,400 158,400 +22,000

Total $659,762 $594,880

Additional information:

1. Depreciation $36,960

($17,600 of depreciation expense for buildings and $19,360 for equipment)

2. Sale of land at $22,000

3. Cash dividends paid $10,560

4. Net income for 2022 $32,560

5. Equipment purchase $80,960

Equipment sales $7,040

Loss from sale $1,760

Accumulated Depreciation $10,560

Equipment

Account Titles Debit Credit

Beginning balance 136,400

Cash 80,960

Sale of equipment 19,360

Ending balance 198,000

Sale of Equipment

Account Titles Debit Credit

Equipment 19,360

Accumulated depreciation 10,560

Cash 7,040

Loss from Sale of Equipment 1,760

6. Land $35,200 Common stock $35,200

Land

Account Titles Debit Credit

Beginning balance 114,400

Common stock 35,200

Cash 22,000

Ending balance 127,600

5 0

3 years ago