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katrin2010 [14]
3 years ago
5

Your firm is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land

six years ago for $4.6 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $5.4 million. The company wants to build its new manufacturing plant on this land; the plant will cost $11.2 million to build, and the site requires $713,900 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project
Business
1 answer:
Serga [27]3 years ago
7 0

Answer:

the proper cash flow amount is -$17,313,900

Explanation:

The computation of the proper cash flow amount is given below:

= Land value + plant cost + grading cost

= -$5,400,000 - $11,200,000 - $713,900

= -$17,313,900

Hence, the proper cash flow amount is -$17,313,900

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Myrtle Flower Company, sends its management trainees to an assessment center. There, the employees are assigned to small groups
soldi70 [24.7K]

Answer:

leaderless group discussion

Explanation:

Based on the scenario being described it can be said that the type of term for this type of development exercise is a leaderless group discussion or LGD for short. This exercise focuses on placing individuals in a group in order to work together on solving specific problems without help from a trained professional or expert in the matters that they are dealing with.

6 0
3 years ago
One of the reasons the corporation was valued above other forms of business ownership was that ______.
Elina [12.6K]

A corporation may be valued above other forms of business ownership by the fact that large amounts of capital could be raised by selling stock in the corporation.

<h3 /><h3>Advantages of selling stock</h3>

When a company decides to sell its shares on the market, it guarantees the raising of short-term capital that helps in its growth and expansion strategy, since there is an inflow of funds from the market.

Therefore, through the stock market, a company can satisfy its financial needs by attracting additional investors, avoiding debt and sharing the responsibilities of the business.

Find out more information about stock market here:

brainly.com/question/25821437

5 0
2 years ago
On January 1, 2019, Stronger Industries issued $480,000 of 9%, five-year bonds that pay interest semiannually on June 30 and Dec
Katena32 [7]

Answer:

Journal Entry to record the first interest payment

June 30, 2019

Dr. Interst Expense $19,979.32

Dr. Premium on Bond $1,620.68

Cr. Cash $21,600

Explanation:

First, we need to calculate the premium on bond amortization as follow

Premium on bond amortization = Coupon Payment - Interest Expense

Premium on bond amortization = ( $480,000 x 8% x 6/12 ) - ( $499,483  x 8% x 6/12 )

Premium on bond amortization = $21,600 - $19,979.32

Premium on bond amortization = $1,620.68

4 0
3 years ago
Flintlnc. provided the following information for the year 2017.
gtnhenbr [62]

Answer: See explanation

Explanation:

1. Prepare a single-step income statement for 2017. Shares outstanding during 2017 were 100,000. (Round earnings per share to 2 decimal places, e.g. $1.48.)

The income from continuing operations for earnings per share was calculated as:

= 285000/100000

= $2.85

The loss on discontinued operations was calculated as:

= 35190/100000 shares

= 0.35

Check the attachment for the solution.

2. Prepare aretained earning statement for 2017. Shares outstanding for 2017 were 100000.

Check the attachment for the solution

8 0
4 years ago
Suzanne, a single taxpayer, operates a printing business as a sole proprietor. The business has two employees who are paid a tot
Akimi4 [234]

Answer:

ANSWER = LOWER OF ABOVE ( i.e. POINT 1 AND 4) = $30,000

Explanation:

1) WE ASSUME THAT SUZANNE'S BUSINESS INCOME IS SAME AS QUALIFIED BUSINESS INCOME (QBI) i.e.$150,000.

CALCULATION OF QBI DEDUCTION:-

1) 20% OF QBI (OR TAXABLE INCOME IF LOWER) = $30,000

{$150000*20% = $30,000)

2)50% OF WAGES ($90,000 * 50%) = $45,000

3) 25% OF WAGES + 2.5% OF ASSETS = $22,500

4) GREATER OF POINT 2 AND 3 = $45,000

ANSWER = LOWER OF ABOVE ( i.e. POINT 1 AND 4) = $30,000

6 0
3 years ago
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