I believe D : ) hope it helps
Answer:
option (a) $98,878
Explanation:
Given:
Annuity = $13,000
Time = 15 years
Rate = 10%
now,
Present value = Annuity × ( Annuity factor for 15 year and rate 10% )
from the table the annuity factor can be found out by using the table provided in the question
pointing to the value common in the row of 15 and column of 10% i.e (7.606)
thus,
or
Present value = $13,000 × ( 7.606 )
or
Present value = $98,878
hence the correct answer is option (a) $98,878
Answer:
Four (4)
Explanation:
The normal balances of the listed accounts are as follows.
Accounts Payable: credit balance
Cash: debit balance
Prepaid Rent: debit balance
Common Stock: credit balance
Salaries Payable: credit balance
Equipment: debit balance
Supplies: debit balance
Rent Expense: debit balance
Four of the eight accounts have credit balances.
Answer:133333 units
Explanation:
Given
For First machine
Setup cost=$ 1100
unit cost =$ 0.006
For new machine
Setup cost=$ 1700
unit cost=$ 0.0015
Let x units be manufactured .
for Break even point
First machine manufacturing cost=New machine manufacturing cost
1100+(0.0060)x=1700+(0.0015)x
(0.0045)x=600
