Bachelors degree is the minimum <span />
Answer:
$52,745
Explanation:
The computation of annual saving in transportation cost is shown below:-
Cost of plane = Annual saving in transportation cost x PVAF (i%, n) + Residual value × PVF (i%, n)
306,840 = Annual saving in transportation cost × PVAF (8%, 6) + 100,000 (8%,6)
306,840 = Annual saving in transportation cost × 4.623 + 100,000 × 0.630
306,840 = Annual saving in transportation cost × 4.623 + 63,000
Annual saving in transportation cost = $306,840 - $63,000
= 243,840 ÷ 4.623
= $52,745
Therefore for computing the annual saving in transportation cost we simply applied the above formula.
Answer:
a. more of good B being sold.
Explanation:
Answer:
Bad debt expense (w/o allowance) = $2,875
Bad debt expense ( with allowance) = $2,675.
Explanation:
According to the scenario, the given data are as follows:
Net credit sales = $115,000
Uncollectible percentage = 2.5%
So, we can calculate the bad debt expense without Allowance for doubtful accounts by using following method:
Bad debt expense ( W/o allowance) = $115,000 × 2.5%
= $2,875
After Allowance for doubtful expense
Bad debt expense = $2,875 - $200
= $2,675
Answer:
$1,000
Explanation:
No fault insurance basically protects you and your family from small accidents by paying your medical bills regardless of who is at fault. This type of policies applies to car or house insurance.
In this case, the accident was caused by Jason but since who is responsible is not important in this type of policy, then it should cover up to its maximum limit.