Answer:
B. $215 million
Explanation:
The present value of the payment can be found by discounting each cash inflow by the 6% discount rate.
The present value can be found using a financial calculator:
The cash flow for year one = $89
The cash flow for year two = $58
The cash flow for year three = $42
The cash flow for year four = $32
The cash flow for year five = $25
All cash flows are in millions
I = 6%
NPV = $214.87 Million
I hope my answer helps you
Answer:
$114,338
Explanation:
The computation of the amount that should be billed when 1,400 professional labor hours used
But before that determine the actual per hour salary and budgeted indirect cost per hour
Actual per hour salary
= Total actual salary ÷ Total actual professional hours
= ($110,000 × $20 + $30,000× 10) ÷ (60,000)
= ($2,200,000 + $300,000) ÷ (60,000)
= $41.67
And, the budgeted indirect cost per hour is
= $200,000 ÷ $50,000
= $40
Now the amount that should be billed is
= 1,400 hours × ($41.67 + $40)
= $114,338
Answer:
Explanation:
1. JOURNAL ENTRIES
1)
Dr Land 310,000
Cr Discount on Notes Payable 160,602
Cr Notes Payable 470,602
2)
Dr Equipment 332,635
Cr Discount on Notes Payable 127,365
Notes Payable 460,000
Calculation of equipment cost:
{($460,000*0.3909) + ($460,000*6%*5.5370)} = $179,814 + $152821 = $332,635
b)
1)
Dr Interest Expense (310,000*11%) 34,100
Cr Discount on Notes payable 34,100
2)
Dr Interest Expense (332,635*11%) 36,590
Cr Notes payable 8,990
Cr Cash (460,000*6%) 27,600
A(n) <u>full-flex</u> benefits program can also be referred to as a flexible benefits programs. It is a type of cafeteria plan benefit under Section 125 of the Internal Revenue Code. It offers workers an alternative.
<h3>What is an internal revenue code? </h3>
The Internal Revenue Code, formally the Internal Revenue Code of 1986, is the domestic portion of federal statutory tax law in the United States, published in various volumes of the United States Statutes at Large, and separately as Title 26 of the United States Code.
Therefore, the correct answer is as given above
learn more about internal revenue code:
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Answer:
Profit from sale of special order of 4,000 units increase by $14000
Explanation:
given data
order = 4000 units
Sales = $ 190,000
Cost of Goods Sold = 45,000
Gross Margin = $45,000
Sales price per unit = $15
solution
as we know that Elkhorn has excess capacity
so sales of 4000 additional units would not affect current sales of 10,000 units
and by production of excess 4000 units fixed cost would not increase
so Variable cost per unit will be
Variable cost per unit = 
Variable cost per unit = $11.5
so
Profit per unit will be
Profit per unit = Sales price - Variable cost
Profit per unit = $15 - $11.5
Profit per unit = $3.5
so
Profit from sale of special order of 4,000 units increase as = 4000 × $3.5
Profit from sale of special order of 4,000 units increase by $14000
