Answer:
a. $288,000
b. $190,000
Explanation:
The Accounting equation: Assets = Liabilities + Equity
a. Assets = Liabilities + Equity
382,000 = 94,000 + Equity
Equity = 382,000 - 94,000
= $288,000
b. Equity as of December 20Y9.
Account for the changes in assets and equity:
Assets = Liabilities + Equity
(382,000 - 63,000) = (94,000 + 35,000) + Equity
319,000 = 129,000 + Equity
Equity = 319,000 - 129,000
= $190,000
Answer:
$416,000
Explanation:
The computation of the break even in dollars for the company is given below:
Total fixed expenses = Traceable fixed expenses + Common fixed expenses
= $50,000 + $80,000
= $130,000
Now
Contribution margin ratio = (Sales - Variable costs) ÷Sales × 100
= ($500,000 - $343,750) ÷ $500,000 × 100
= 31.25%
Now
Break-eve dollars = Fixed expenses ÷ Contribution margin ratio
= $130,000 ÷ 31.25%
= $416,000
Answer:
The project's payback period is 2.5 years.
Explanation:
year cash flow comulative cash flow
0 -500 -500
1 150 -350
2 200 -150
3 300
payback period = 2 years + 150-300
= 2.5 years
Therefore, The project's payback period is 2.5 years.
Answer:
professor's efficiency is 75%
Explanation:
given data
expected cover = 16 chapters
able to cover = 12 chapters
to find out
the professor's efficiency
solution
we know here that when professor works at 100% efficiency
then complete 16 chapter in 1 semester
but here Professor completed only 12 chapter
so for 100% we know 16 chapter that is
100% = 16 chapter
and for x% = 12 chapter
so from above both equation we get x %
x = 100 % × 
x = 75%
so we can say that professor's efficiency is 75%
Answer:
The multiple choices are:
$15 million net outflow
$37 million net outflow
$30 million net inflow
$ 1 million net inflow
The cash option is$15 million net cash outflow
Explanation:
The net cash flows from the investing activities that Curl Salon should record comprises of cash paid to acquire equipment,proceeds from sale of land and buildings,dividends received from investment as well as cash paid to acquire office equipment,which are summarized below:
$ millions
Cash paid to acquire equipment (20)
proceeds from land and building 45
cash paid for office equipment (40)
cash outflow (15)
The correct option is an outflow of $15 million
