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3 years ago

Profit on sale of fixed assets is used to creat

Business

1 answer:

Nadya [2.5K]3 years ago

4 0

Answer:

profit and loss account

Explanation:

The turnover ratio of total working capital shows the success of working capital management. It is in fact a ratio that expresses how many times on average, during one year, working capital was used to pay the total expenses of the company.

A combination of data from the balance sheet and income statement is obtained, more specifically, it is the ratio of total business spread and average working capital of the company

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Costa rica is a top exporter of coffee. the highest-quality coffee is sold abroad, and the lower-quality coffee is consumed by t

vagabundo [1.1K]

Three basic economic questions are -

What to produce?
How to produce?
Whom to produce for?

Economists study how households and businesses interact to produce the goods and services people need. They look at the factors of production, such as land, labor, and capital, and how they are combined to produce goods and services. Essentially, economists try to answer three sets of questions:

What goods and services should be produced to satisfy consumer needs?
How much of this product do you need?
When should you produce a report?
What is the best way to produce goods and services?
How should these products be produced, and what resources should be used to do so?
Who should be the recipients of goods and services?
How should the product be allocated among consumers?

To learn more about Economics Questions from the given link

brainly.com/question/2403391

#SPJ4

7 0

1 year ago

A project costs $12,800 and is expected to provide a real cash inflow of $10,000 at the end of each of years 1 through 5. Calcul

Lemur [1.5K]

Answer:

Net Present Value = $28756.79

Explanation:

First we need find the real rate of interest

Real rate of interest = (Nominal rate of interest - Inflation rate )

Real Rate of interest = (10.76% - 4%)

Real of Interest = 6.76%

Now using stream of cash flows and discount the at 6.76%

0 -12800 1.000

1 10000 0.937

2 10000 0.877

3 10000 0.822

4 10000 0.770

5 10000 0.721

Through multiplying discount value with cash flow we get the discounted value of cash flows.

0 -12800 x 1.000 = -12800

1 10000 x 0.937 = 9370

2 10000 x 0.877 = 8770

3 10000 x 0.822 = 8220

4 10000 x 0.770 = 7700

5 10000 x 0.721 = 7210

Adding the discounted cash flows we get the value of Net present value and that is equal to $28756.79

6 0

3 years ago

Exercise 23-8 Sell or process further LO A1 Cobe Company has already manufactured 15,000 units of Product A at a cost of $30 per

Kipish [7]

Answer:

Yes

Explanation:

In this question, we have to compare the cost so that the net income or net loss would be calculated.

Sales Process Further Cost

Sales $450,000 $1,275,100

Less: Processing cost $210,000

Net income $450,000 $1,065,100

where,

Sales of further processing cost would be

= 5,800 units × $107 + 11,900 units × $55

= $620,600 + $654,500

= $1,275,100

Since, net income is increased by $615,100. So, It would be process further

5 0

3 years ago

Which of the following series uses commas correctly?

Serjik [45]

Incorrect. You don’t need a comma after “crocodiles” or before “other”

7 0

3 years ago

On April 30, 2017, Tilton Products purchased machinery for $88,000. The useful life of this machinery is estimated at 8 years, w

Dmitriy789 [7]

Answer:

$6,666.67 and $10,000

Explanation:

The computation of the depreciation expense for the year 2017 and 2018 is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($88,000 - $8,000) ÷ (8 years)

= ($80,000) ÷ (8 years)

= $10,000

Since the machinery is purchased on April 30 and we assume the books are closed on December 31 so the number of months calculated is 8 months

Therefore for the year 2017 the depreciation expense is

= $10,000 × 8 months ÷ 12 months

= $6,666.67

And, for the year 2018 the depreciation expense is same i.e $10,000

6 0

3 years ago