Answer: Henry should purchase this plant as it pays back in less than the 6 years it will have to be replaced in.
Payback period = 3.7 years
Explanation:
Payback period is a capital budgeting strategy that shows how long it will take for cash inflow to pay off the original investment.
The formula is;
= Year before payback + Cashflow remaining till payback/ Cash inflow in year of Payback
Year before payback
= 1,200,000/ 325,000
= 3.69
= 3 years
Cashflow remaining
= 1,2000,000 - (325,000 * 3)
= $225,000
= Year before payback + Cashflow remaining till payback/ Cash inflow in year of Payback
= 3 + 225,000/325,000
= 3.69
= 3.7 years
Answer:
$28.62
Explanation:
Calculation to determine what amount of revenue will be allocated to Math Fun in the package that contains all three products
First step is to calculate the Total revenue of three product if sold individually
Total revenue= $21 + $37 + $48
Total revenue= $106
Now let calculate the allocation of revenue to Math fun based on revenue proportion
Using this formula
Revenue allocation= Packaged revenue / Total individually revenue * Revenue of Math fun
Let plug in the formula
Revenue allocation= $82/106*37
Revenue allocation= $28.62
Therefore the amount of revenue that will be allocated to Math Fun in the package that contains all three products is $28.62
Explanation:
d indirect materials used in production hope it's right
Answer:
Indication of items erroneously stated on:
A) the income statement for the year
Salaries Expense will be understated.
Therefore, the Net Income will be overstated.
B) the balance sheet as of October 31:
Salaries Expense Payable (current liabilities) will be understated.
Explanation:
When accrued salaries are not accounted for in the financial statements for an accounting period, it means that the revenues generated for that period are not being matched with the expenses incurred in generating the revenues. Such omission does not agree with the accrual concept and the matching principle of generally accepted accounting principles. These require that expenses are accrued whether paid for or not, and that expenses are matched to the period's revenue since they are necessarily incurred in generating such revenue.
D. <span>Add extra computer skills that you plan to learn.</span>
