Answer:
(c) 10,500 equivalent units of production
Explanation:
Equivalent units of production helps manufacturing companies determine the average completed or finished products. Additionally, since there are many items in continuous production, without calculation of equivalent units, it would be difficult to determine how much money was incurred in production costs.
Using the formula
The number of partially completed units (15,000) x percentage of completion (70%) = equivalent units of production (10, 500)
Answer:
Sarah's cheapest repayment plan is:
The standard repayment plan.
Explanation:
With the standard repayment plan, Sarah repays 120 fixed monthly installments, assuming a repayment term of 10 years. She will pay minimal interests since the standard repayment plan also offers the shortest repayment period. To minimize interest expense, Sarah should repay the unsubsidized loans before the subsidized loans. The reason is that the unsubsidized loans accrue more interest expense over their terms than the subsidized loans.
Need and answer choice if you have one
Answer:
d. 0.93
Explanation:
Investment turnover is a measurement of how a company is able to generate revenue as a result of using the money invested in the company.
Investment turnover is computed by
= Net sales ÷ Invested assets
Given that;
Sales = $140,000
Invested assets = $150,000
Investment turnover = $140,000 ÷ $150,000
Investment turnover = 0.93
Therefore, investment turnover for Division A is 0.93
Answer:
IRR is 12%
Explanation:
The internal rate of return on the investment can be computed using the IRR formula in excel:
=IRR(values)
The values are the cash flows for the relevant years arranged as shown below:
Years Cash flows
0 -$104,972
1 $23,000
2 $23,000
3 $23,000
4 $23,000
5 $23,000
6 $23,000
7 $23,000
=irr(values from -$104,972-$23,000 in year 7)
irr=12%
Kindly find attached excel with the computation of IRR as well
The internal rate of return is the rate of return on investment where present value of cash inflows equal the initial investment
