Find the profitability index of a project with the following cash flows using a discount rate of \( 6 \% \) : Period 0: \( -1000 \) Period 1: 757 Period 2: 343 Period 3: 259 Round your answer to the n
Answers
To calculate the profitability index of a project, we need to divide the present value of cash inflows by the present value of cash outflows. The profitability index of the project, using a discount rate of 6%, is approximately 1.23.
To calculate the present value of each cash flow, we need to discount them to their present value at a rate of 6%. The formula to calculate the present value (PV) of a cash flow is:
PV = CF / (1 + r)^n
where CF is the cash flow, r is the discount rate, and n is the period.
Using the formula, we can calculate the present value of each cash flow:
PV at period 0: -$1000 / \((1 + 0.06)^{0}\) = -$1000
PV at period 1: $757 / \((1 + 0.06)^{1}\) = $713.68
PV at period 2: $343 / \((1 + 0.06)^{2}\) = $299.25
PV at period 3: $259 / \((1 + 0.06)^{3}\) = $214.55
Next, we sum up the present values of the cash inflows:
PV of cash inflows = $713.68 + $299.25 + $214.55 = $1227.48
Finally, we calculate the profitability index by dividing the PV of cash inflows by the absolute value of the initial investment:
Profitability Index = PV of cash inflows / |Initial investment|
Profitability Index = $1227.48 / $1000 ≈ 1.23
Therefore, the profitability index of the project, using a discount rate of 6%, is approximately 1.23.
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Related Questions
if the texas department of insurance addresses a reasonable inquiry made to an insurer, the insurer must respond in writing no later than how many days after receipt?
Answers
If the Texas Department of Insurance addresses a reasonable inquiry made to an insurer, the insurer must respond in writing no later than 15 days after receipt.
What is the purpose of Texas Department of Insurance?Texas Department of Insurance provides resources and assistance to insurance consumers. It also regulates insurers and related insurance businesses in the state of Texas.
In Spetember 2021, Governor Greg Abbott appointed Cassie Brown as Texas insurance commissioner.
Currenty, Texas Department of Insurance(TDI) is led by the Commissioner Cassie Brown.
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Fill in the blank: Measuring your website’s authority comes down to assessing the volume and quality of the ____________.
Answers
The measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks
Simply put, a backlink refers to series of link from one website which leads to another website.
The number and quality of a website's backlink tells about the quality of the website.
Hence, the measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks
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Josh is journalizing an adjustment for a bank service fee. What type of
account would this be considered?
A. cash
B. revenue
C. expense
D. accounts payable
Answers
Answer:
Expense
Explanation:
This technique for evaluating capital projects tells how long it will take a firm to earn back the money invested in a project.
A. payback
B. internal rate of return
C. net present value
D. profitability index
Answers
Payback is the technique for evaluating capital projects tells how long it will take a firm to earn back the money invested in a project.
What does the payback period calculate?The payback period determines how long it will take to make back the initial investment. The PB shows how many years are needed for the cash inflows to equal the one million dollar outflow, for instance, if a capital budgeting project calls for a $1 million beginning cash outlay.In layman's terms, until the cumulative cash flow is positive, or the payback year, the cost of the investment is divided by the annual cash flow to determine the payback period. Years are typically used to express the payback period.Your payback period will always be longer than your ROI because wages are deducted from your payback calculation, whereas your ROI calculation considers the full range of short- and long-term business benefits and impacts, both tangible and intangible.Learn more about payback period refer to :
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Which of the following scenarios describes an error in netiquette? (5 points)
Ahmed keeps his email and text exchanges with his coworkers professional, even though he likes to use off color humor at times with friends.
Jamie writes an email to his colleagues and before sending takes an extra fifteen minutes to carefully proof spelling and grammar.
Marina allows herself to be more honest and straightforward in her written correspondence than she would in her face-to-face interactions.
Shonda receives an email from a colleague complaining about one of their coworkers and deletes it promptly without sharing it with others.
Answers
The scenarios that describes an error in netiquette is option D. Shonda receives an e.mail from a colleague complaining about one of their co- workers and deletes it promptly without sharing it with others. Netiquette is a set of informal rules for good behavior and politeness followed by users of online such as the Internet, email.
Netiquette is gotten from the word "etiquette," which means the general rules or conventions of correct and polite behaviour in social settings and situations. It is therefore the act of exercising polite and considerate behaviour in online contexts, such as Internet discussion boards and personal email.
What is politeness?Politeness is the practical application of good manners or etiquette so as not to offend others. Politeness is a culturally defined phenomenon, and therefore what is considered polite in one culture can sometimes be quite rude or simply eccentric in another cultural context.
Therefore, the correct answer is as given above
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Using the pie chart in your reading, what percentage of our total tax dollars is used by the federal gov. to fund the social security and Medicare programs?
Answer: 38%
Answers
The percentage spent on Social Security and Medicare of the total is = 28.32% of the Total Spending.
The total amount of funds used by the Federal Government for social security and Medicare in the year 2020 is $1.869 Trillion.
The total Medicare and Social Security spending:
Medicare ($ 769,000,000,000) + Social Security ($ 1,100,000,000,000) =
Total ($ 1,869,000,000,000) or $1.869 Trillion
The percentage of the Medicare and Social Security spending as a percentage of the total spend:
The Total Spend = $6.6 Trillion (or $6,600,000,000,000)
The percentage spent on Social Security and Medicare of the total is:
Formula = (Value / Total) x 100%
= ($1.869 Trilion/$6.6 Trillion) x 100%
= ($ 1,869,000,000,000/$6,600,000,000,000) x 100%
= 0.28318181818 X 100%
= 28.32%
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Why would My future job be a flight attendant
Answers
Answer:
if you like to travel and be on planes and get that bag then be a flight attendant :) do what you want to!
Explanation:
Write a Resource Allocation Schedule by Phase.The G&E Company is preparing a bid to build the new 47,000-seat Shoreline baseball stadium. The construction must start on June 10, 2019, and be completed in time for the start of the 2022 season. A penalty clause of $500,000 per day of delay beyond April 3rd is written into the contract. Percival Young, the president of the company, expressed optimism at obtaining the contract and revealed that the company could net as much as $5 million on the project. He also said that if they were successful, the prospects of future projects would be bright, since there is a projected renaissance in building classic ball parks with modern luxury boxes.
The baseball stadium is an outdoor structure with a retractable roof. The project begins with clearing the site, an activity that lasts 60 days. Once the site is clear, work can start simultaneously on the structure itself and demolition of an adjacent building site. This demolition is necessary to create a construction stage for storing materials and equipment. It will take 30 days to demolish the buildings and another 30 days to set up the construction site. The work on the stadium begins by driving 160 support pilings, which will take 120 days. Next comes the pouring of the lower concrete bowl (120 days). Once this is done and the construction site has been set up, then the pouring of the main concourse (120 days), installation of the playing field (90 days), and construction of the upper steel bowl can occur (120 days). Once the concourse and upper bowl are completed, work can start simultaneously on building the luxury boxes (90 days), installing the seats (140 days), installing the Jumbotron (30 days), and installing the stadium infrastructure (120 days), which includes bathrooms, lockers, restaurants, etc. Once the seats are installed, then the steel canopy can be constructed (75 days), followed by installation of the lights (30 days). The retractable roof represents the most significant technical challenge to the project. Building the roof track supports (90 days) can begin after the lower concrete bowl is constructed. At this time the dimensions of the roof can be finalized and the construction of the roof at a separate site can begin (180 days). After the roof supports are completed, then the roof tracks can be installed (90 days). Once the tracks and roof are completed, then the roof can be installed and made operational (90 days). Once all activities are completed, it will take 20 days to inspect the stadium.
Answers
Resource Allocation Schedule by Phase: Clearing, Demolition, Piling, Pouring, Installation, Construction, and Inspection.
Here is a resource allocation schedule by phase for the construction of the Shoreline baseball stadium.
Phase 1: Clearing the Site (60 days)
Allocate necessary personnel and equipment for site clearing activities.Phase 2: Demolition (60 days)
Allocate resources for demolishing the adjacent buildings.Simultaneously allocate resources for setting up the construction site.Phase 3: Support Pilings (120 days)
Allocate resources for driving 160 support pilings.Phase 4: Lower Concrete Bowl (120 days)
Allocate resources for pouring the lower concrete bowl.Phase 5: Main Concourse (120 days)
Allocate resources for pouring the main concourse.Phase 6: Playing Field (90 days)
Allocate resources for installing the playing field.Phase 7: Upper Steel Bowl (120 days)
Allocate resources for constructing the upper steel bowl.Phase 8: Luxury Boxes (90 days)
Allocate resources for building the luxury boxes.Phase 9: Seat Installation (140 days)
Allocate resources for installing the seats.Phase 10: Jumbotron Installation (30 days)
Allocate resources for installing the Jumbotron.Phase 11: Stadium Infrastructure (120 days)
Allocate resources for constructing the stadium infrastructure, including bathrooms, lockers, restaurants, etc.Phase 12: Steel Canopy (75 days)
Allocate resources for constructing the steel canopy.Phase 13: Light Installation (30 days)
Allocate resources for installing the lights.Phase 14: Roof Track Supports (90 days)
Allocate resources for building the roof track supports.Phase 15: Roof Construction (180 days)
Allocate resources for constructing the roof at a separate site.Phase 16: Roof Track Installation (90 days)
Allocate resources for installing the roof tracks.Phase 17: Roof Installation and Operationalization (90 days)
Allocate resources for installing and making the retractable roof operational.Phase 18: Inspection (20 days)
Allocate resources for conducting a thorough inspection of the completed stadium.By following this resource allocation schedule, the construction of the Shoreline baseball stadium can be completed within the specified time frame.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
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When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Which of these is NOT a main type of transaction?
Group of answer choices
Deposit
Withdrawal
Transfer
Loan
Answers
On june 1 of the current year, chris bates established a business to manage rental property. The following transactions were completed during june:
Answers
An commitment between a buyer and a seller defines a transaction. In a transaction, the sellers pays cash for the shipment of products, services, or other investment securities.
The impact of each transaction and resulting balance is as follows:
Transaction 1: Exchanged common shares for a deposit of $75,000 to open a company bank account.
Effect: Cash and Common Stock both increase by $75,000 each.
$75,000 in cash and $75,000 in common stock.
Transaction 2: Spent $2,200 on office supplies using a credit card.
Effect: The cost of office supplies and accounts payable both rise by $2,200.
Balances: $75,000 in cash, $75,000 in common stock, $2,200 in office supplies, $2,200 in supplies for accounts, and $2,200 in payables.
-Transaction 3: Received $19,500 in cash as payment for management fees.
Effect: A $19,500 increase in service revenue and a $19,500 increase in cash purchases.
Balances: $94,500 in cash, $75,000 in common stock, $2,200 for office supplies, $2,200 for accounts payable, and $19,500 for service revenue.
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if an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about:group of answer choices
Answers
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about the extent of competition. Option d is correct.
A competitive market structure is defined as one in which no single entity can dictate prices or supply, and in which competition exists between entities, whereas a monopoly market structure is defined as one in which a single entity has complete control over pricing, production, and supply.
As a result, the government is less concerned about the extent of competition in these market structures. As a result, option D is the correct answer. Option A is incorrect because while industries with economies of scale are less competitive, this is not the reason for government concern.
Regulatory capture, or the practice of allowing regulators to become subject to the industry's influence, is option B. The government is generally concerned about this. Option C, "new ways of pleasing customers," has no bearing on the government's position in a competitive industry.
Therefore, d is correct.
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about
a) taking advantage of economies of scale.
b) regulatory recapture.
c) new ways of pleasing customers.
d) the extent of competition.
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How much is it to start a buissness?
Answers
Answer:the average cot to start a business is 30,000
Explanation:
Explain the relationship between the operations management goals of ""efficiency"" and ""effectiveness.""
Answers
Answer:
→Being efficient implies the system is operating the 'right' way.
The relationship between effectiveness and efficiency is that effectiveness is a measure of 'goodness' of output,
→while efficiency is a measure of the resources required to achieve the output.
Explanation:
Write about discussion whether young people should be allowed
to have credit card, use main facts supportive sentences and add
Introduction and conclusion.
i wish u happy day
Answers
Allowing young people to have credit cards can foster financial education, provide a safety net in emergencies, and build a positive credit history. Proper guidance and monitoring are essential for responsible usage.
Introduction:
The question of whether young people should be allowed to have credit cards has sparked a debate. Proponents argue that it can foster financial responsibility and independence, while critics express concerns about potential risks. In this discussion, we will examine the main facts supporting the allowance of credit cards for young individuals.
Supportive Arguments:
1. Financial Education: Allowing young people to have credit cards can serve as a valuable tool for financial education. It provides an opportunity for them to learn about money management, budgeting, and the consequences of overspending. By actively managing their credit card usage, young individuals can develop essential skills that will benefit them throughout their lives.
2. Emergency Situations: Credit cards can act as a safety net in emergencies. Young people may encounter unforeseen circumstances that require immediate access to funds, such as medical expenses or urgent car repairs. Having a credit card enables them to handle such situations independently, without relying on others for financial assistance.
3. Building Credit History: Establishing a credit history early on can be advantageous for young individuals. Responsible credit card usage allows them to build a positive credit history, which can help when applying for loans, renting an apartment, or securing future financial opportunities. By demonstrating responsible financial behavior at a young age, they set themselves up for better financial prospects in the long run.
Conclusion:
While concerns exist regarding young people having credit cards, the supportive arguments highlight the potential benefits. Credit cards can be valuable tools for financial education, provide a safety net in emergencies, and assist in building a positive credit history. However, it is crucial to emphasize the importance of proper guidance and monitoring to mitigate potential risks and ensure responsible credit card usage. With the right approach, allowing young individuals to have credit cards can contribute positively to their financial development.
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Oakridge Leasing Corporation signs an agreement on January 1, 2020, to lease equipment to Sheridan Limited. Oakridge and Sheridan follow ASPE. The following information relates to the agreement. 1. The term of the non-cancellable lease is five years, with no renewal option. The equipment has an estimated economic life of sixyears. 2. The asset's fair value at January 1,2020 , is $80,000. 3. The asset will revert to the lessor at the end of the lease term, at which time the asset is expected to have a residual value of $7,000, which is not guaranteed. 4. Sheridan Limited assumes direct responsibility for all executory costs, which include the following annual amounts: $990 to Rocky Mountain Insurance Ltd. for insurance and $1,500 to James Township for property taxes. 5. The agreement requires equal annual rental payments of $18,143 to Oakridge, the lessor, beginning on January 1,2020 . 6. The lessee's incremental borrowing rate is 11%. The lessor's implicit rate is 10% and is known to the lessee. 7. Sheridan Limited uses the straight-line depreciation method for all equipment. 8. Sheridan uses reversing entries when appropriate. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY DUE. Calculate the PV of the future minimum lease payments using any of the following methods: (1) factor tables, (2) a financial calculator, or (3) Excel functions. (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 1,452.) Present value \$ Prepare an amortization schedule for Sheridan Limited for the lease term. (Hint: You may find the ROUND formula helpful for rounding in Excel.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 1,452.) Prepare all of Sheridan's journal entrias for 2020 and 2021 to racord the lase agreament, the laase payments, and all evpenses snt sely Show the dollar amounts that Oakridge, the lessor, used to arrive at the lease payment amount of $18,143. (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.)
Answers
To calculate the present value (PV) of the future minimum lease payments, the factors provided in the factor tables can be used. By discounting the annual lease payments using the lessee's incremental borrowing rate, the PV of the lease payments can be determined. An amortization schedule can then be prepared to outline the allocation of lease payments over the lease term. Additionally, journal entries need to be recorded by Sheridan Limited to reflect the lease agreement, lease payments, and expenses incurred. The dollar amounts used by Oakridge, the lessor, to calculate the lease payment amount of $18,143 need to be identified.
To calculate the PV of the future minimum lease payments, the annual lease payment of $18,143 is discounted using the lessee's incremental borrowing rate of 11%. The present value can be calculated by multiplying the annual lease payment by the present value of an annuity factor for 5 years at an 11% interest rate.
An amortization schedule can be prepared to allocate the lease payments over the lease term. The schedule will show the breakdown of each lease payment into principal and interest portions.
Sheridan Limited needs to record journal entries for the lease agreement, lease payments, and expenses incurred. The entries will reflect the recognition of the leased asset, the liability for lease payments, and the recognition of expenses such as insurance and property taxes.
The dollar amounts used by Oakridge to determine the lease payment amount of $18,143 need to be determined. This information may be provided in the given data or can be calculated based on the lease terms, implicit rate, and other relevant factors.
By following these steps, the PV of the lease payments can be calculated, an amortization schedule can be prepared, journal entries can be recorded, and the dollar amounts used by Oakridge for lease payment calculation can be identified.
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To calculate the present value (PV) of the future minimum lease payments, the factors provided in the factor tables can be used. By discounting the annual lease payments using the lessee's incremental borrowing rate, the PV of the lease payments can be determined. An amortization schedule can then be prepared to outline the allocation of lease payments over the lease term. Additionally, journal entries need to be recorded by Sheridan Limited to reflect the lease agreement, lease payments, and expenses incurred. The dollar amounts used by Oakridge, the lessor, to calculate the lease payment amount of $18,143 need to be identified.
To calculate the PV of the future minimum lease payments, the annual lease payment of $18,143 is discounted using the lessee's incremental borrowing rate of 11%. The present value can be calculated by multiplying the annual lease payment by the present value of an annuity factor for 5 years at an 11% interest rate.
An amortization schedule can be prepared to allocate the lease payments over the lease term. The schedule will show the breakdown of each lease payment into principal and interest portions.
Sheridan Limited needs to record journal entries for the lease agreement, lease payments, and expenses incurred. The entries will reflect the recognition of the leased asset, the liability for lease payments, and the recognition of expenses such as insurance and property taxes.
The dollar amounts used by Oakridge to determine the lease payment amount of $18,143 need to be determined. This information may be provided in the given data or can be calculated based on the lease terms, implicit rate, and other relevant factors.
By following these steps, the PV of the lease payments can be calculated, an amortization schedule can be prepared, journal entries can be recorded, and the dollar amounts used by Oakridge for lease payment calculation can be identified.
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Promotion involves telling customers about the right product available at the right place and _____.Multiple choice question.
Answers
Answer: at the right price
Explanation:
help pleaseeeeeeeeeeeee
Answers
Answer:
Income
Explanation:
A budget shows a plan of how one will spend their income. It is, therefore, a plan of expenditure. A budget shows total expected income on one side and projected expenditure on the other side. The budget is balanced when income and expenses are equal.
To determine a credit score, debt, available credit and total assets are all part of the
calculation. It is important to have the ability to calculate total assets to improve a credit
score. The Smith family has a net worth of $100,000 and liabilities equaling $67,000, what is
the amount of their assets?
$100,000
O $67.000
O $33,000
O $167,000
Answers
Answer:
Net assets of smith family = $167,000
Explanation:
Given:
Net worth of smith family = $100,000
Net liabilities of smith family = $67,000
Find:
Net assets of smith family
Computation:
Net assets = Net worth + Net liabilities
Net assets of smith family = Net worth of smith family + Net liabilities of smith family
Net assets of smith family = $100,000 + $67,000
Net assets of smith family = $167,000
WILL GIVE BRAINLEST ASAP!!!!!! Good afternoon can someone answer this please
Answers
A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,250 of supplies on hand. The general ledger balance before any adjustment is $2,100. What is the adjusting entry for office supplie s that should be recorded on May 31?
Answers
Answer:
Debit Supplies Expenses $850 and Credit supplies $850
Explanation:
Kimdly check attached picture for explanation
Which of the following is something that will not affect your homeowners insurance premium? a. the age of the home b. the size of the home c. the color of the home d. the location of the home
Answers
Answer:
The color of the home.
Explanation:
All other options affect your insurance rates.
The color of the home will not affect your homeowners insurance premium. Option (c) is correct.
What do you mean by Location?The spot where a specific point or object is found is called its location. Geographically speaking, location is a key concept and is typically regarded as being more specific than "place." A locale is a place where people live, such as a city, town, hamlet, or even an ancient location.
You pay a premium when you purchase an insurance policy. Your recurring payments for many popular insurance products, such as life, car, business, homeowners, and renters, are known as premiums. Your policy could be cancelled if you don't pay your premiums.
The total amount paid to an insurer for insurance is referred to as a premium. A fire service levy, an emergency service levy, and GST might be included. It excludes any amount of duty or a charge paid to an intermediary. When it is received by the insurer, broker, or agent, a premium is considered paid.
Therefore, Option (c) is correct. The color of the home.
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is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations?
Answers
Answer: Maybe you can try getting a job at starbucks, mcdonalds, five below, etc. It depends how old are you.
In the past, your team has run projects using a more formal Waterfall method and now is incorporating Agile methodologies. What will be the biggest difference in how you manage your projects
Answers
The biggest difference in managing projects when transitioning from a formal Waterfall method to Agile methodologies will be the shift in focus from a linear, sequential approach to an iterative, flexible one.
The biggest difference in managing projects using Agile methodologies instead of the Waterfall method is the increased level of flexibility and adaptability. Agile emphasizes collaboration, continuous feedback, and iterative development. This means that the team will be able to respond more quickly to changes and deliver incremental value to the customer. The role of the project manager also shifts in an Agile environment, with more focus on facilitating the team's progress and removing obstacles rather than directing tasks. Additionally, Agile places a greater emphasis on transparency and communication, with regular check-ins and status updates to ensure that everyone is aligned and working towards the same goals.
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On December 31, Strike Company has decided to sell one of its batting cages. The initial cost of the equipment was $215,000 with an accumulated depreciation of $185,000. Depreciation has been taken up to the end of the year. The company found a company that is willing to buy the equipment for $30,000. What is the amount of the gain or loss on this transaction
Answers
Answer:
The loss is "$10,000" and the gain is "$25,000".
Explanation:
The given amount is:
Cost,
= $215,000
Accumulated depreciation,
= $185,000
Book value,
= $30,000
Now,
The loss on sales will be:
= \(Sale \ price-Book \ value\)
= \(20,000-30,000\)
= \(10,000\) ($)
The gain on sales will be:
= \(Sales \ price-Book \ value\)
= \(55,000-30,000\)
= \(25,000\) ($)
Change in Estimate
Equipment costing $180,000 with a useful life of 20 years and a residual value of $20,000 has been depreciated for 5 years using the straight-line method. At the beginning of the sixth year, management revises the total useful life of the equipment to 12 years.
Instructions
Based on the foregoing data, answer the following questions
a. What is the annual depreciation expense?
b. What is the accumulated depreciation at the end of the 5 years?
c. What is the book value of the equipment at the beginning of the sixth year?
d. What is the annual depreciation starting with the 6 year?
e. Make the journal entry to record depreciation expense for the year 6.
Answers
a. The annual depreciation expense is $13,333.33.
b.The accumulated depreciation is $13,333.33 * 5 = $66,666.65.
c. The book value is $180,000 - $66,666.65 = $113,333.35.
d. The annual depreciation would is $13,333.33.
e. The journal entry to record depreciation expense for the 6th year is,
Depreciation Expense $13,333.33
Accumulated Depreciation $13,333.33
a. The annual depreciation expense can be calculated by dividing the difference between the initial cost and the residual value of the equipment by the total useful life. In this case, the initial cost is $180,000, the residual value is $20,000, and the revised total useful life is 12 years. Therefore, the annual depreciation expense would be (180,000 - 20,000) / 12 = $13,333.33.
b. The accumulated depreciation at the end of the 5 years can be calculated by multiplying the annual depreciation expense by the number of years. In this case, the annual depreciation expense is $13,333.33 and the number of years is 5. Therefore, the accumulated depreciation would be $13,333.33 * 5 = $66,666.65.
c. The book value of the equipment at the beginning of the sixth year can be calculated by subtracting the accumulated depreciation from the initial cost. In this case, the initial cost is $180,000 and the accumulated depreciation is $66,666.65. Therefore, the book value would be $180,000 - $66,666.65 = $113,333.35.
d. The annual depreciation starting with the 6th year would be the difference between the book value at the beginning of the 6th year and the residual value, divided by the remaining useful life. In this case, the book value at the beginning of the 6th year is $113,333.35, the residual value is $20,000, and the remaining useful life is 12 - 5 = 7 years. Therefore, the annual depreciation would be ($113,333.35 - $20,000) / 7 = $13,333.33.
e. The journal entry to record depreciation expense for the 6th year would be:
Depreciation Expense $13,333.33
Accumulated Depreciation $13,333.33
This entry recognizes the depreciation expense for the year, reducing the value of the equipment and increasing the accumulated depreciation. The amount recorded is the annual depreciation calculated in part d.
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Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answers
Answer:
Buying an expensive piece of machinery
Explanation:
Suppose that when Japan puts all of its resources into the production of textiles it can produce 250,000 units of textiles and if it puts all of its resources into furniture it can produce 500,000 units furniture. If Vietnam puts all of its resources into textiles it can produce 60,000 units of textiles and it puts all of its resources into the production of furniture it can produce 30,000 units of furniture. Draw the Production Possibilities curve for each country and answer the following questions. a. What is the opportunity cost of one unit of textile and one unit of furniture for each country b. Which country has the absolute advantage to produce textiles? Which country has the absolute advantage to produce and furniture? C. Which country has the comparative advantage to produce textiles? Which country has the comparative advantage to produce and furniture?
Answers
Japan's opportunity cost of one unit of textile is 2 units of furniture, while Vietnam's opportunity cost is 0.5 units of furniture. Japan has the absolute advantage in producing both textiles and furniture, while Vietnam has the comparative advantage in producing textiles.
The opportunity cost of one unit of textile for Japan is 2 units of furniture, as Japan can produce 500,000 units of furniture when allocating all its resources to furniture production, but only 250,000 units of textiles when allocating all its resources to textile production. On the other hand, Vietnam's opportunity cost of one unit of textile is 0.5 units of furniture, as it can produce 30,000 units of furniture when allocating all its resources to furniture production, but only 60,000 units of textiles when allocating all its resources to textile production.
To learn more about textiles and furniture here : brainly.com/question/17197205
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What you don’t want to do when using job boards is __________________ endlessly. To prevent that from happening, you should first create a __________________ describing you, so that recruiters can find you. You should also use the platform’s features to set up __________________, using filters for the types of jobs you’re interested in. The alerts will notify you when there’s a potential match. Although job boards are by nature impersonal, you should aim to make personal connections by introducing yourself to the __________________ for an open role or find someone you already know at the company who can introduce you. If there’s a company you’d love to work for that is hiring in other areas, it can’t hurt to reach out, unsolicited, and see if they might be hiring for your role soon. And any time you upload a resume, be sure it is __________________ and tailored toward the job posting itself.
Answers
Make connections with both new and old individuals to locate your future career. In fact, networking is the greatest way to get a job, according to magazines like Payscale, The Balance, SHRM, The Muse, and others.
How can you utilize job boards to discover your next job in these 6 clever ways?Make connections with both new and old individuals to locate your future career. In fact, networking is the greatest way to get a job, according to magazines like Payscale, The Balance, SHRM, The Muse, and others.
There are appropriate and inappropriate methods to utilize traditional job boards, but this does not imply that job searchers shouldn't use them in their search.
The following are six sage ways to use job boards:
Create a profile- Having a profile set up enables recruiters to find you and get in touch with you for interviews.Create alerts- Don't waste time poring over job advertisements to find the one you should apply for.Introduce yourself out front.- By getting in touch with the hiring manager directly by phone or email, you can reduce your chances of being overlooked by HR.Find someone you can introduce to others.- Make contact with anyone you know who may be able to put you in touch with a contact at the firm you want.Post a résumé that is brand- and keyword-rich- Make sure your resume is "keyword rich" before applying for a position via a job posting. Use words and phrases that are relevant to the position and field for which you are applying."Fire is where there is smoke,"- Consider how recruiting in your immediate region may be impacted if you observe hiring activities at a firm.Learn more about job advertisements: https://brainly.com/question/18311790
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please help me quick :( (sorry meant to put chem not business)
