Answer: a. She fraudulently concealed or destroyed financial records during the course of the bankruptcy.
Explanation:
Fraudulently concealing or destroying financial records during a bankruptcy is one of the chief reasons why a discharge could be DENIED. It proves dishonesty and a lack of remorse.
It is always best to be upfront with the court to avoid getting into such issues.
Other reasons include violating court orders and giving false statements.
A. The writer must correct the word
when a computer can't understand what you were trying to say because the word word is spelled so poorly, it can't give similar words because it doesn't know what your trying to say, also they are built to never ignore unless you specially tell them to, and finally it doesn't bring up the dictionary, trust me, i spell lots of words wrong.
hope this helps
good luck
Answer:
Year Dry Prepreg discounted cash flow
0 -$30,000 -$30,000
1 10,000 8,772
2 10,000 7,695
3 10,000 6,750
4 10,000 5,921
5 10,000 5,194
Year Solvent Prepreg. discounted cash flow
0 -$90,000 -$90,000
1 28,000 24,561
2 28,000 21,545
3 28,000 18,899
4 28,000 16,578
5 28,000 14,542
a. Calculate NPV, IRR, MIRR, payback, and discounted payback for each project
Dry Prepreg
NPV = $4,330
IRR = 19.86%
MIRR = 17.12%
payback = 3 years
discounted payback = 4.17 years
Solvent Prepreg
NPV = $6,130
IRR = 16.80%
MIRR = 15.51%
payback = 3.21 years
discounted payback = 4.58 years
b. Assuming the projects are independent, which one(s) would you recommend?
- both projects, since their NPV is positive
c. If the projects are mutually exclusive, which would you recommend?
Dry prepreg becuase its IRR, MIRR are higher, and its payback and discounted payback periods are shorter.
Answer:
Type A to produce 44 bags and Type B to produce 16 bags to maximize profit of $440
Explanation:
Let X be the number of bags for Type A and Y be the number of bags for Type B
Cutter Finisher
Type A 2X 1X = $6X
Type B <u> 1Y 2Y = $11Y</u>
104 76
2x+1y= 104
1x+2y=76
y= 104-2x
x+2(104-2x) = 76
x+ 208-4x = 76
132= 3x
x= 44 bags
y= 104-2(44)
y= 16 bags
Type A should produce 44 bags and Type B 16 bags to maximize profit
Maximum Profit = 6X + 11Y
= 6(44) + 11(16)
= $440
Answer:
Sales revenue 392,500
Sales returns and allowances (20,000)
Sales discounts <u> (8,600) </u>
Net Sales: 363,900
COGS (221,000)
Gross Profit 142,900
Freight-out (9,700)
Salaries and wages expense (63,400)
Rent expense (33,500)
Insurance expense <u> (14,600) </u>
Earnings before taxes 21,700
Income tax expense <u> (4,900) </u>
Operating income 16,800
OCI <u> 2,000 </u>
Net Income 18,800
Explanation:
First we solve for net sales.
Then we subtract COGS for Gross profit.
THen we subtract hte expenses and get hte earnings before taxes.
Next the inome tax expense and operationg income
then we put htis along with OCI for thenet income of the period.