Answer:
D
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Flying Car
Cash flow in year 0 = -$200,000
Cash flow in year 1 = 50,000
Cash flow in year 2 = 50,000
Cash flow in year 3 =80,000
Cash flow in year 4 =100,000
IRR = 13%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
$45,990
Explanation:
The Weighted Average Cost Method, calculates a new Unit Cost with every purchase that is made. This is applicable to perpetual Inventory method. In this case we are required to use the <u>periodic Inventory method</u> (<em>Sheffield does not maintain perpetual inventory records</em>). Thus our Unit Cost is calculated from Inventory available for Sale.
Step 1
<u>Units Available For Sales Calculation :</u>
Opening Balance 9,200
Add Purchases (6,400 + 7,900) 14,300
Units Available for Sale 23,500
Less Units Sold (7700 + 11300) (19,000)
Ending Inventory Units 4,500
Step 2
<em>Unit Cost = Total Cost ÷ Units Available for Sale</em>
= ($89,516 + $65,984 + $84,609) ÷ 23,500
= $10.22
Step 3
<em>Ending Inventory = Units in Stock × Unit Cost</em>
= 4,500 × $10.22
= $45,990
Answer: D -different perceptions of the same situation
Explanation: Perception can be said to be the way individual see, understand and interpret a situation.
Different people see and interpret the same situation differently. Individuals perception about a situation is always different as individuals think and act differently.
Due to individuals personality, individuals see and understand and interpret same situations differently.
Answer:
= $40,950
Explanation:
<em>The consumer price index is used to measure the rate of inflation and increase in price level over a period of time. </em>
<em>A change in price index from 220 to 231 indicate an inflation rate of 5%</em>
Therefore, year 2009 spending of $39,000 in 2014 dollars will equal
= 231/220 × 39,000
= $40,950
Year 2009 spending of $39,000 in 2014 dollars =$40,950