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3 years ago

Federal programs like student loan programs and Social Security are paid for using the revenue generated by taxation.

Business

2 answers:

aleksley [76]3 years ago

8 0

The correct answer is true

Artist 52 [7]3 years ago

5 0

Bare with me here. I may be wrong but I hinkle it's true

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Martinez Corporation commenced operations in early 2020. The corporation incurred $48,500 of costs such as fees to underwriters,

igomit [66]

Answer:

See below.

Explanation:

Since the expenses are related to the formation of the business, we first capitalize these expenses and record them in our balance sheet as,

Debit Intangible Assets (Formation) by $48,500

Credit Cash/Bank by $48,500

This records an asset for the year of operation.

We amortize or depreciate these type of capitalized costs over a defined period of time. Assuming that we write off the entire cost by the end of first year we will record amortization as,

Debit Amortization expense/Income statement by $48,500

Credit Intangible Assets (Formation) by $48,500

Hope that helps.

7 0

3 years ago

Kaspar Industries expects credit sales for January, February, and March to be $205,100, $263,100, and $314,500, respectively. It

SVETLANKA909090 [29]

Answer:

January $153,825

February $248,600

March $301,650

Explanation:

Computation for cash collections from customers for each month:

January February March

January: ($205,100 x 75%=$153,825) ($205,100 x 25%=$51,275) $0

February: $0 ($263,100 x 75%= $197,325) ($263,100 x 25%=$65,775)

March: $0 $0 ($314,500 x 75%=$235,875)

TOTAL $153,825 $248,600 $301,650

Therefore cash collections from customers for each month is :

January $153,825

February $248,600

March $301,650

7 0

2 years ago

What are yeezys made out of?

REY [17]

Feminist's tears........

7 0

3 years ago

Read 2 more answers

4. It's important to remain open during communication and understand that communication and dialogue involves ______ the thought

Shkiper50 [21]

I would think that the answer is influencing. I hope this helps lmk. =)

6 0

3 years ago

Read 2 more answers

BAK Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to

suter [353]

Answer:

a) For MACHINE A

Net Present Value (NPV) 7208

Internal Rate of Return (IRR) 11,48%

For MACHINE B

Net Present Value (NPV) -13468

Internal Rate of Return (IRR) 6,99%

b)BAK Corp should buy MACHINE A

Explanation:

We use excel or a spreadsheet to calculate net present value and the profitability index of each machine. See document attached.

We use a cash flow to solve this problem.

At moment 0 we have the investment cost , in this case Original cost $76,700 $183,000 for Machine A and Machine B . From period 1 to period 8, we have inflows and outflow. (Estimated annual cash inflows $20,200 $40,500

Estimated annual cash outflows $5,040 $9,870).

Then, we calculate the Net cash flow that is the difference between benefits and cost.

We use all the result (positive and negative) in Net cash flow to get the profitability index, IRR.

Download xlsx

8 0

3 years ago