Answer:
16.99%
Explanation:
Calculation for the crossover rate
We are going to to calculate the crossover rate using cash flow function on a financial calculator by following the step below:
CF0= 0
Step 1
C01=Project A year 1 -Project B year 1
C01=$28,300-$36,900
C01= -$8,600
Step 2
C02=Project A year 2 -Project B year 2
C02=$31,500-$40,500
C02= -$9,000
Third step
C03=Project A year 3
C03=$22,300
Last step
Press CPT key in order for IRR(INTERNAL RATE OF RETURN) to be display
Hence:
Crossover rate=16.99%
Therefore the Crossover rate will be 16.99%
Answer:
$12,500
Explanation:
Calculation for the total amount removed from Joshua’s estate in 2017
Since we were told that In 2016, Joshua gave the amount of $12,500 to his son in which in the same year which was 2017, the XYZ shares are worth the amount of $25,000 which means that the total amount removed from Joshua’s estate in 2017 will be $12,500 ($25,000-$12,500).
Answer:
$45,520
Explanation:
Given that
Sales budget = 3,600 units
Variable selling and administrative expense = $4.10
Fixed selling and administrative expenses = $35,860
Depreciation expenses = $5,100
The computation of selling and administrative expenses is shown below:-
= Variable selling and administrative expenses + (Fixed selling and administrative expenses - Depreciation expenses)
= (3,600 unit × $4.10) + ($35,860 - $5,100)
= $14,760 + $30,760
= $45,520
Answer: See explanation
Explanation:
Based on the information given in the question, we should note that while using the gross method, the revenue gotten from sales will be calculated by subtracting the rebate of 2% from the full invoice amount of $110,000. This will be:
= $110,000 - (2% × $110,000)
= $110,000 - (0.02 × $110,000)
= $110,000 - $2200
= $107800
Using the net method, the revenue gotten from sales will be calculated by subtracting the rebate of 6% from the full invoice amount of $110,000. This will be:
= $110,000 - (6% × $110,000)
= $110,000 - (0.06 × $110,000)
= $110,000 - $6600
= $103400
Answer: A physical object we find, grow, or make to meet our needs and those of others.
Explanation: A commodity is an object that possesses a certain form of value, it can be used to meet an immediate need of a person.
It can be grown or produced to meet the specified needed requirements of the particular need it solves.
