Answer:
$593,000
Explanation:
Given data for Schneider Inc.
Salaries payable at the beginning of 2018 (end of 2017) = $61,600
Salary expense during the year (2018) = $621,400
Salary payable at end of year (2018) = $90,000
Salaries paid = ?
Let the salaries paid = S
Using the formula
Salaries payable at the beginning of 2018 + Salary expense during the year - Salaries paid = Salary payable at end of year
$61,600 + $621,400 - S = $90,000
S = $61,600 + $621,400 - $90,000
S = $593,000
Cash outflows for salaries in 2018 were $593,000.
Don’t click on links people send on Brainly it’s a virus
The answer is Human rights are rights inherent to all human beings, regardless of race, sex boy or girl, nationality, ethnicity, language, religion, or any other status. Human rights include the right to life and liberty, freedom from slavery and torture, freedom of opinion and expression, the right to work and education, and many more.
Answer:
Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31, 2020. Owner Santana Rey contributed $31,000 to the business in exchange for additional stock in the first quarter of 2020 and has received $4,100 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.)
Explanation:
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.
