What is most likely to cause a rise in expenditure in an economy?

Finney Company's condensed income statement is presented below: Revenues $988,000 Expenses Cost of goods sold $400,000 Operating

larisa [96]

Answer:

Explanation:

Operating Segment

Hotels Grains Candy Totals

Revenues (1) $378,000 $450,000 $72,000 $900,000

Expenses—

Cost of goods sold (1) 192,000 196,000 12,000 400,000

Operating and admin. expense (2) 58,000 91,000 27,000 176,000

Depreciation expense (3) 14,900 12,800 2,300 30,000

Total expenses 264,900 299,800 41,300 606,000

Operating profit $113,100 $150,200 $30,700 $ 294,000

(1) Total times segment percentage.

(2) Hotels = ($200,000 × 35%) - $12,000 = $58,000

Grains = ($200,000 × 50%) - $9,000 = $91,000

Candy = ($200,000 × 15%) - $3,000 = $27,000

(3) Hotels = ($40,000 × 46%) - $3,500 = $14,900

Grains = ($40,000 × 42%) - $4,000 = $12,800

Candy = ($40,000 × 12%) - $2,500 = $2,300

3 0

2 years ago

What I the probably going to charge you’re the highest interest rate in per year?

pochemuha

Hello Yung, The answer to this question is A: Credit Cards. Have a wonderful day.

-AlphaBrainlyHelper

6 0

3 years ago

On July 8, a fire destroyed the entire merchandise inventory on hand of Larrenaga Wholesale Corporation. The following informati

riadik2000 [5.3K]

Answer:

estimated inventory on July 8 = $280000

so correct option is d. $280,000

Explanation:

given data

sale = $700,000

Inventory = $130,000

Purchase = $640,000

to find out

estimated inventory on July 8

solution

first we get here total available inventory for sales that is

Total Available inventory for sales = Inventory + Purchase ...........1

put here value

Total Available inventory for sales = $130,000 + $640,000

Total Available inventory for sales = $770,000

so now we get Inventory sols that is

Inventory = (Sales - 30% of sales) ....................2

Inventory = $700000 - ( 0.30 × $700000 )

Inventory = $490,000

so now we get here estimated inventory on July 8 that is express as

estimated inventory = Total Available inventory for sales - Inventory .........3

estimated inventory = $770,000 - $490,000

estimated inventory = $280000

so correct option is d. $280,000

7 0

3 years ago

Hindelang Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a

lubasha [3.4K]

Answer:

MIRR = 16.6%

Explanation:

We have the formula to calculate the MIRR of the project:

+) $MIRR =\sqrt[n]{\frac{FV}{PV} } - 1$

In which:

FV - terminal value, the future value of net cash inflow which is assumed to be re-invested at the rate of cost of capital = WACC = 12.25%
PV - the present value of the net cash outflows during the investment at the rate of cost of capital = WACC
n: numbers of years (n=4)

The future value of net cash inflow Year i = Cash inflow × (1 + Cost of capital)^(number of years reinvested)

= Cash inflow × 1.1225^(n - i)

+) $FV1 = 300 * 1.1225^{3}$ = $424.327