Answer: d. No, because EVPI is $25, which is less than the consultant's fee of $30
Explanation:
The expected value with the consultant's input is $200 and the expected value without it is $175.
The difference of $25 is the maximum that the consultant should be paid because anything larger than this would result in an opportunity loss because if the consultant is paid $30, the net return earned will be $170 which is $5 lower than what would have been earned without her input.
The $30 is simply not worth it.
Answer:
2 times
Explanation:
The computation of accounts receivable turnover is shown below:-
Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable
where,
Net credit sales is $1,000,000
And, the Average accounts receivable is
= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2
= ( $700,000 + $300,000) ÷ 2
= $500,000
Accounts receivable turnover = Net sales ÷ Average accounts receivable
= $1,000,000 ÷ $500,000
= 2 times
The right answer for the question that is being asked and shown above is that: "<span>C. You have the security of following in someone else's footsteps."
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The right answer for the question that is being asked and shown above is that: "D. something that comes along once in a lifetime."
Every corporation needs to recor a dividen-related liability on the declaration date. Have in mind that t<span>he </span>declaration date<span> is the </span>date<span> on which the next dividend payment is announced by the directors of a company.</span> In that date all the limited liability corporations do those records. A target corporation is not a limited liability corporation.
Answer:
Supplies Expense 12500
Explanation:
<em>Bravo Unlimited</em>
<em>Adjustment Entry</em>
Date Particulars Debit Credit
February 29 Supplies Expense 12500
Supplies Account 12500
( Opening bal+ purchases- Ending bal= Expense= 2000+ 12000- 1500= 12500
At the month end Supplies were used for $ 12500 and supplies on hand are $ 1500.
On 2nd Feb the supplies account totalled $ 14000 but $5000 supplies had been expensed so the total amount of supplies used up is calculated by (Opening bal+ purchases- Ending bal= Expense) the formula given above.
