When you are communicating with someone from another culture you should ______

A small trucking company is planning to install a GPS system in each of the five trucks the company owns. Each system costs $460

tatiyna

Answer:

a. The $7002.73 new annual net income is necessary to recover the initial investment of the five GIS systems at the annual effective interest rate of 10%

b. Since $6000 revenue is less than $7002.73 project is not viable financially.

Explanation:

a . Total initial cost = 4600*5

= $23000

Total Salvage Value = 300*5

= $1500

Operating cost = $1000 with a gradient of $100.

PV of operating cost = 1000(P/A,5,10%) + 100(P/G,5,10%)

= 1000(P/A,5,10%) + 100(P/A,5,10%)(A/G,5,10%)

= 1000*3.7908 + 100*3.7908*1.8101

= 3790.8 + 686.17

= $4476.97

PV of salvage value = 1500(P/F,5,10%)

=1500*0.6209

= $931.35

NPV = -23000 - 4476.97 + 931.35

= - $26545.62

annual revenue to get $26545 = 26545.62(A/P,5,10%)

= 26545.62*0.2638

= $7002.73

Annual Revenue = $7002.73

Therefore, The $7002.73 new annual net income is necessary to recover the initial investment of the five GIS systems at the annual effective interest rate of 10%

b. Since $6000 revenue is less than $7002.73 project is not viable financially.

3 0

3 years ago

What must the broker do after the termination of an agency relationship?

galina1969 [7]

? I don’t understand your question

5 0

3 years ago

Simplex Healthcare had net income of $5,411,623 after paying taxes at 34 percent. The firm had revenues of $20,433,770.Its inter

Agata [3.3K]

Answer:

$9,032,853

Explanation:

Given:

Net income = $5,411,623

Taxes rate = 34% = 0.34

Revenues = $20,433,770

Interest expense for the year = $1,122,376

Depreciation expense = $2,079,112

Now,

Earnings before taxes (EBT) = $\frac{\textup{Net income}}{\textup{1-tax rate}}$

or

Earnings before taxes (EBT) = $\frac{\textup{5,411,623}}{\textup{1-0.34}}$

or

Earnings before taxes (EBT) = $8,199,428.78

EBIT = Earnings before taxes + Interest expenses

or

EBIT = $8,199,428.78 + $1,122,376

or

EBIT = $9,321,804.78

EBITDA = EBIT + Depreciation expense

or

EBITDA = $9,321,804.78 + $2,079,112

or

EBITDA = $11,400,916.78

Therefore,

The operating expenses = Revenue - EBITDA

or

The operating expenses = $20,433,770 - $11,400,916.78

or

The operating expenses = $9,032,853.22 ≈ $9,032,853

3 0

4 years ago

At the end of 2018, Murray State Lenders had a balance in its Allowance for Uncollectible Accounts of $4,500 (credit) before any

Kruka [31]

Explanation:

The journal entry to record the estimated uncollectible accounts is shown below:

Bad debt expense Dr $7,500

To Allowance for uncollectible accounts $7,500

(Being the bad debt expense is recorded)

The computation is shown below:

= Estimated amount for uncollectible accounts - credit balance in allowance for uncollectible accounts

= $12,000 - $4,500

= $7,500

5 0

3 years ago

A company issued 260 shares of $100 par value common stock for $31,000 cash. The total amount of paid-in capital in excess of pa

Lelu [443]

Answer:

The total amount of paid-in capital in excess of par is: $5,000.

Explanation:

When Common Stocks are classified as par value Stocks, any price paid in excess of the par value of the Stock is accounted for in the Share Premium account.

<u>Here is the Summary of the Transaction provided.</u>

Common Stocks : 260 shares × $100 = $26,000

Paid-in capital in excess of par : $31,000 - $26,000 = $5,000

5 0

3 years ago

When you are communicating with someone from another culture you should _______.