Partner B report in his income tax return as income $57,000.(B)
To determine how much Partner B must report in his income tax return as income, follow these steps:
1. Identify the amount Partner B earned from the partnership, which is $57,000.
2. Recognize that the amount withdrawn by Partner B ($49,000) is not relevant for tax reporting purposes.
3. Understand that Partner B must report his entire earnings from the partnership as income, regardless of how much he withdrew.
4. Therefore, Partner B must report $57,000 as income on his tax return.(B)
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What are the three levels of strategy in organizations?.
Answer: Here are the three levels of strategy.
Explanation:
The three levels of strategy are:
1. Corporate level strategy: This level answers the foundational question of what you want to achieve. ...
2. Business unit level strategy: This level focuses on how you're going to compete. ...
3. Market level strategy: This strategy level focuses on how you're going to grow.
a motivational speach before final exams
Explanation:
Honestly, you got this! Don't stress yourself too much! You are capable of AMAZING things! I am positive you will do great on this exam! Never stop working hard, but don't forget to reward yourself! You can do anything you set your mind to!
I don't know if this helped but GOOD LUCK!!
The most populous country in the world is
O Russia
Egypt
O China
India
TRUE/FALSE. governments typically play no role in establishing prices or regulating how buyers and sellers are allowed to behave in agreeing on prices.
FALSE. Governments normally don't have any influence over how prices are set or how buyers and sellers can negotiate a price.
A new product's price may seem difficult to set at first, but if you take the time to review the data available on the product and the target markets, you can choose a reasonable and lucrative sales price. Consider the product's intrinsic value and the benefits it will provide consumers in addition to the overall costs of production and distribution. In addition to covering the cost of production, the product's profit should show the value it brings to customers.
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Check which of the following are good tips for cutting down on impulse buying:
Statement: Good: Bad:
When you're going shopping, take a list, and stick to it!
Ask yourself, "Do I need this, or do I just want this?"
Always buy the newest model of something the minute it comes out.
Always grab the brand name product first!
Plan big-deal buys like a computer or a car—never buy them on impulse.
Don't be a fashion groupie—resist this month's "in" look.
Don't let small money burns keep you from making big but good money burns.
Don't ever question a seller's motive.
Answer:
Statement: Good: Bad:
When you're going shopping, take a list, and stick to it!
Good
Ask yourself, "Do I need this, or do I just want this?
Good
Always buy the newest model of something the minute it comes out.
Bad
Always grab the brand name product first!
Bad
Plan big-deal buys like a computer or a car—never buy them on impulse. Good
Don't be a fashion groupie—resist this month's "in" look.
Good
Don't let small money burns keep you from making big but good money burns.
Good
Don't ever question a seller's motive.
Bad
Explanation: Just got right.
When you're going shopping, take a list, and stick to it!
GOOD
WHY?
Shopping lists aid in the reduction of purchases made while shopping. Shopping lists tend to reduce purchases because they remind shoppers of their goals and highlight unplanned purchases.
Ask yourself, "Do I need this, or do I just want this?"
GOOD
WHY?
"Want" means to have a strong desire to own or do (something). "Need" means require (something) because it is necessary or extremely important rather than merely desirable. We should invest a bigger part of our capital into what we need rather than spending it on what we want.
Always buy the newest model of something the minute it comes out.
BAD
WHY?
Every product launches a new and upgraded version of its previous products at regular intervals. Hence, if we always try to keep up with the upgrades irrespective of their requirement in our lives presently just for the sake of the trend, we over-spend.
Always grab the brand name product first!
BAD
WHY?
90% of the time can get the same quality products at much more affordable rates from smaller brands. At times we don't pay for the quality of the product, rather we just pay for the brand name.
Plan big-deal buys like a computer or a car—never buy them on impulse.
GOOD
WHY?
Research, saving up, and looking for offers and better alternatives are all parts of planning. It's better to carry all these out before making such expensive investments.
Don't be a fashion groupie—resist this month's "in" look.
BAD
WHY?
Being a fashion groupie just to keep up with the trends and people-pleasing does nothing more than heightening your expenses because fashion trends are never-ending.
Don't let small money burns keep you from making big but good money burns.
GOOD
WHY?
It's always better to make a big investment in a better quality product rather than compromising the quality just for the sake of prices and then spend again and again on repairing it and buying another one after a short period.
Don't ever question a seller's motive.
BAD
WHY?
It's a seller's sole motive to make a profit out of every smallest thing possible and we should keep in mind that in this case, a seller would prioritize his profit more than the consumer's right over a good quality product.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
One of Coppertone's marketing tactics is the sponsorship of the men's and women's Olympic soccer teams. To many of the over 3 million boys and girls playing youth soccer in the United States, the U.S. Olympic soccer teams are a(n) ________ group.
One of Coppertone's marketing tactics is the sponsorship of the men's and women's Olympic soccer teams. To many of the over 3 million boys and girls playing youth soccer in the United States, the U.S. Olympic soccer teams are a(n) aspirational group.
To many of the over 3 million boys and girls playing youth soccer in the United States, the U.S. Olympic soccer teams are an aspirational group. These young players may look up to the Olympic teams as role models and aspire to one day play at that level themselves. The sponsorship of the Olympic soccer teams by Coppertone could potentially inspire these young players to use Coppertone products to protect their skin while playing soccer, as they see their favorite players using them.
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Question:What is the main causes of a change in quantity demanded?Demand:Competition and technology can revolutionize the way a product or service is delivered and can cause the price for a product to fall as it becomes profitable at lower prices to make the product. The change is supply can rise in the event of a natural disaster or a government trade war can make the prices rise to reflect a greater scarcity in supply than beforehand.
A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what led to this shift in the quantity demanded.
What is the main cause of a change in quantity demanded?Demand: A product's price may drop when it becomes more profitable to produce the product at lower prices as a result of competition and technology, which may also alter the way a good or service is delivered.
In the event of a natural disaster or a government trade war, supply may increase, causing prices to increase to reflect a higher shortage in supply than before.
An entire demand curve might shift right or left due to changes in variables like average income and preferences. As a result, the quantity demanded at a given price can be larger or lower. The prevailing view presumption. Assuming no other parameters change, demand curves link the prices and quantities required.
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The financial statements of the darlington company report net sales of $500,000 and accounts receivable of $40,000 and $20,000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for darlington?.
The accounts receivable turnover, based on the financial statements for Darlington Company is 16.7x.
What is accounts receivable turnover?The accounts receivable turnover is the ratio of average accounts receivable for a period and the net credit sales.
The ratio shows the efficiency of collecting cash from credit customers.
Data and Calculations:Net sales = $500,000
Accounts receivable:
Ending balance = $40,000
Beginning balance = $20,000
Average Accounts Receivable = $30,000 ($40,000 + $20,000)/2
Accounts receivable turnover = Net Sales/Average Accounts Receivable
= 16.7 ($500,000/$30,000)
Thus, the accounts receivable turnover for Darlington Company is 16.7x.
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Frank is already taking advantage of his employer benefit package but wants to find
options to save for retirement that offer tax incentives. Which of the following should
Frank explore?
A. Contribution matching
B. Lower interest
C. Opt in or opt out
D. Roth IRA
matching cost of goods sold with the revenues generated during the period is an example of which approach to expense recognition?
Matching cost of goods sold with the revenues generated during the period is an example of which cause and effect relationship approach to expense recognition.
It is a relationship where one thing set another thing off. The second event won't exist either if the first one doesn't happen. The second occurrence is referred to as the "effect," whereas the first event is referred to as the "cause." The cause must be the initial event because it is the action that will eventually result in the consequence. A relationship between actions or events is described as being cause and effect relationship if at least one of the acts or events is a direct outcome of the others.
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Sole proprietorships have all of the following advantages except:
A. unlimited life
B. ease of liquidation
C. profits subject only to a single tax
D. ease of formation
Sole proprietorships do not have the advantage of unlimited life. Hence the correct answer is option A.
Sole proprietorships have several advantages, including ease of liquidation (option B), profits subject only to a single tax (option C), and ease of formation (option D). However, sole proprietorships do not have the advantage of unlimited life (option A).
In a sole proprietorship, the owner's personal finances directly affect the business. The sole proprietorship usually ends when the owner passes away or decides to sell or transfer the business. Sole proprietorships have a finite lifespan connected to the owner's involvement in the business, unlike corporations or some other business forms that can continue to operate even with changes in ownership or the death of shareholders.
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how is a temporary increase in government purchases likely to affect the composition of output in the long-run?
A temporary increase in government purchases can have both short-term and long-term effects on the composition of output in the economy.
In the short run, a temporary increase in government purchases can lead to an increase in aggregate demand and output, as businesses ramp up production to meet the higher demand. However, this increase in output may be short-lived if the increase in government spending is not sustained.
In the long run, the composition of output is likely to be affected by the way the temporary increase in government purchases is financed.
If the government finances the increase in spending by borrowing, then the increase in output may be temporary and may lead to higher interest rates and crowding out of private investment.
This could lead to a shift in the composition of output towards the public sector and away from the private sector.
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Why do competitive markets move toward equilibrium?
Builtrite common stock just paid a dividend of $2.50 and dividends are expected to grow at a 6% annual rate. If you require an 13% annual return, what do you believe is a fair price for Builtrite stock?
To calculate the fair price for Builtrite stock when a dividend is paid and dividend are expected to grow at a 6% annual rate and an investor requires a 13% annual return, we can use the dividend discount model.
The dividend discount model is calculated as follows: P = D₁ / (r - g) where = the fair price of the stockD₁ = the dividend paid at the end of the first year = the required rate of return = the expected dividend growth rate.
Substituting the given values, we have:P = $2.50 / (0.13 - 0.06)P = $2.50 / 0.07P = $35.71. Therefore, the fair price for Builtrite stock is $35.71.
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The calculation of the fair price for Builtrite stock can be obtained using the dividend discount model. A stock's value can be estimated using the dividend discount model (DDM), which calculates the value of a stock based on its future dividends.
The dividend discount model takes into account the present value of a stock's future dividend payouts, including any growth. Here, the calculation is as follows:Given data:Annual dividend = $2.50Growth rate = 6%Rate of return required by the investor = 13% Formula for calculating fair value:FV = D1/(r-g)Where,FV = fair valueD1 = dividend expected in the next year = $2.50 x (1 + 6%) = $2.65r = Required rate of return = 13%g = Growth rate of dividends = 6%Therefore, FV = $2.65/(13%-6%) = $44.17The fair price of Builtrite common stock is $44.17 per share.
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a local government operates a city recreation center with a pool and tennis courts. the center is financed through $50 annual membership fees (required for members to use it). this type of financing is an example of a
A city recreation center featuring a pool and tennis courts is run by the municipal administration. The center is supported through $50 yearly membership fees (required for members to use it).
An illustration of a user charge is this form of financing.
What is the DCA approach?
The practice of investing a set dollar amount on a regular basis, independent of the share price, is known as dollar cost averaging. It's a terrific method to form a disciplined investing habit, increase your investment efficiency, and possibly reduce your stress—as well as your expenses.
Use dollar cost averaging when?
Dollar-cost averaging can be quite effective during bad markets and recessions. If you commit to this technique, you will invest when the market or a stock is down, which is when buyers may be able to find the best bargains.
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2.
What is selling? How can you apply this in your real life as a student?
on february 3, smart company sold merchandise in the amount of $2,600 to kennedy company, with credit terms of 2/10, n/30. the cost of the items sold is $1,800. smart uses the perpetual inventory system and the gross method. kennedy pays the invoice on february 8 and takes the appropriate discount. the journal entry that smart makes on february 8 is:
The journal entry that Smart Company makes on February 8 is Accounts Receivable (Kennedy Company) $2,600, Sales Revenue $2,600
When Kennedy Company pays the invoice on February 8 and takes the discount, Smart Company needs to record the transaction in their journal. Since Smart Company uses the gross method, they initially record the full amount of the sale in the Accounts Receivable account. The amount of the sale is $2,600. The Sales Revenue account is also credited for the same amount, which represents the revenue earned from the sale. The journal entry reflects the increase in the Accounts Receivable account, as the amount owed by Kennedy Company is now paid, and the increase in Sales Revenue account, as the sale has been made. This entry ensures that the financial statements accurately reflect the transaction and the revenue earned by Smart Company.
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What is the meaning of time recovering
Answer:
to recover a wound
Explanation:
time to recover the sentence shows recover what can possibly recover ofcource a wound.
Which career pathways involve high risk due to exposure to dangers?
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
The career pathways that involve high risk due to exposure to dangers is :
A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
"Career Pathways"The career pathways that involve high risk due to exposure to dangers is:
Firefighters in the Emergency
Firefighters too give an critical part in teaching the open with respect to fire and security.
Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.
Fire Management pathway
Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.
Crisis administration executives ordinarily require a bachelor's degree
Correctional Officers in the Corrections pathway
Corrections officers may do a few or all of the taking after:
supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.
Detention Officers in the Law Enforcement pathway.
A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.
A Career Pathway traces the positions, compensation, and preparing required to development in an industry.
Thus, the correct answer is A.
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Homeowners who fail to make mortgage payments can have their house taken away through foreclosure.
A. True
B. False
Answer:
True
Explanation:
Hope this helps
Answer:
a
Explanation:
All of the following statements regarding corporate social responsibility are true except:A) firms believe that they have legal and economic duties in addition to responsibilities to society.B) a firm's responsibilities to society are not associated with the demands, expectations, requirements, and desires of various stakeholders.C) CSR can be defined as context-specific actions and policies, taking stakeholders' expectations into account, to achieve what is referred to as the triple bottom line.D) today, virtually all large and well-known companies engage in some form of CSR.E) CSR actions are not mandated by law.
The statement that is NOT true regarding corporate social responsibility (CSR) is: B) A firm's responsibilities to society are not associated with the demands, expectations, requirements, and desires of various stakeholders.
What is corporate social responsibility ?CSR involves taking into account the interests of a wide range of stakeholders, including customers, employees, suppliers, communities, and the environment. By meeting the needs and expectations of these stakeholders, firms can achieve long-term success and sustainability.
This statement is not true because a firm's responsibilities to society are often associated with the demands, expectations, requirements, and desires of various stakeholders.
Therefore the correct option is B.
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Which of the following statements is true about mortgages?
A. The adjustable mortgage has an adjustable term of years but
fixed interest rate.
B. The adjustable mortgage has adjustable rates over a set amount
of time.
C. The fixed mortgage has a fixed term of years but adjustable
interest rate.
D. The fixed mortgage has an adjustable interest rate over a set time.
The statement true about mortgage is B. adjustable mortgage has adjustable rates over a set amount of time.
A mortgage is basically a pact or agreement between the person who is providing a loan in the form of money and the person taking the loan in the form of money. It includes that if you fail to return the amount the lender has all the rights by which they can take away your property that you have submitted as a security deposit in form of property papers.
There are two types of mortgages on the basis of interest rates first is adjustable mortgages which has adjustable rates of interest through a fixed period of time. On the other hand is fixed mortgages which means there is a fixed rate of interest for a fixed period of time.
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Tax returns filed manually have a 20% chance of containing errors, while tax returns filed electronically have a 0. 05% chance of containing the same. If 2. 7 million tax returns are filed each way, how many more erroneous manually filed returns will there be than erroneous electronically filed returns?.
There will be 538,650 more erroneous manually filed returns than erroneous electronically filed returns.
The given problem is to calculate the number of erroneous manually filed returns will there be than erroneous electronically filed returns, given that tax returns filed manually have a 20% chance of containing errors, while tax returns filed electronically have a 0.05% chance of containing the same, and 2.7 million tax returns are filed each way.
Manually filed returns have a 20% chance of containing errors. That means 0.2 * 2.7 million = 0.54 million manually filed returns have errors.
Electronically filed returns have a 0.05% chance of containing errors. That means 0.0005 * 2.7 million = 1,350 electronically filed returns have errors.
Therefore, there will be 0.54 million - 1,350 = 538,650 more erroneous manually filed returns than erroneous electronically filed returns.
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Given the following information, what is the monthly payment assuming this is an interest-only mortgage?
Loan amount: $56,000
Term: 15 years
Interest Rate: 7.5%
A. $245.00
B. $350.00
C. $306.00
D. $420.00
The monthly payment for an interest-only mortgage is calculated by multiplying the loan amount by the interest rate and dividing by 12.
For this loan:
($56,000 x 7.5%)/12 = $350.00
Therefore, the answer is B. $350.00.
To calculate the monthly payment for an interest-only mortgage, use the formula:
Monthly payment = (Loan amount × Interest rate) / 12
In this case:
Loan amount = $56,000
Interest rate = 7.5% (0.075 as a decimal)
Monthly payment = ($56,000 × 0.075) / 12
Monthly payment = $4,200 / 12
Monthly payment = $350.00
So the correct answer is B. $350.00.
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flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?
Answer:
$1,100
Explanation:
flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?
1,299 - 199 = 1,100
Suppose you have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large, publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSs. This will be a five-year project. The company bought some land three years ago for $4.4 million in anticipation of using it as a toxic dump site for waste chemicals, but it built a piping system to safely discard the chemicals instead. The land was appraised last week for $5.2 million. In five years, the aftertax value of the land will be $5.6 million, but the company expects to keep the land for a future project. The company wants to build its new manufacturing plant on this land; the plant and equipment will cost $31.92 million to build. The following market data on DEI’s securities is current:
Debt:
229,000 7 percent coupon bonds outstanding, 25 years to maturity, selling for 107 percent of par; the bonds have a $1,000 par value each and make semiannual payments.
Common stock:
8,700,000 shares outstanding, selling for $70.90 per share; the beta is 1.3.
Preferred stock:
449,000 shares of 4 percent preferred stock outstanding, selling for $80.90 per share and and having a par value of $100.
Market:
6 percent expected market risk premium; 4 percent risk-free rate.
DEI uses G.M. Wharton as its lead underwriter. Wharton charges DEI spreads of 7 percent on new common stock issues, 5 percent on new preferred stock issues, and 3 percent on new debt issues. Wharton has included all direct and indirect issuance costs (along with its profit) in setting these spreads. Wharton has recommended to DEI that it raise the funds needed to build the plant by issuing new shares of common stock. DEI’s tax rate is 40 percent. The project requires $1,275,000 in initial net working capital investment to get operational. Assume Wharton raises all equity for new projects externally.
a.
Calculate the project’s initial Time 0 cash flow, taking into account all side effects. Assume that the net working capital will not require flotation costs. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)
Cash flow $
b.
The new RDS project is somewhat riskier than a typical project for DEI, primarily because the plant is being located overseas. Management has told you to use an adjustment factor of 1 percent to account for this increased riskiness. Calculate the appropriate discount rate to use when evaluating DEI’s project. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)
Discount rate
%
c.
The manufacturing plant has an eight-year tax life, and DEI uses straight-line depreciation. At the end of the project (that is, the end of Year 5), the plant and equipment can be scrapped for $4.4 million. What is the aftertax salvage value of this plant and equipment? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)
Aftertax salvage value $
d.
The company will incur $6,700,000 in annual fixed costs. The plan is to manufacture 16,500 RDSs per year and sell them at $10,750 per machine; the variable production costs are $9,350 per RDS. What is the annual operating cash flow (OCF) from this project? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)
Operating cash flow $
e.
DEI’s comptroller is primarily interested in the impact of DEI’s investments on the bottom line of reported accounting statements. What will you tell her is the accounting break-even quantity of RDSs sold for this project? (Do not round intermediate calculations and round your final answer to the nearest whole number.)
Break-even quantity
units
f.
Finally, DEI’s president wants you to throw all your calculations, assumptions, and everything else into the report for the chief financial officer; all he wants to know is what the RDS project’s internal rate of return (IRR) and net present value (NPV) are. Assume that the net working capital will not require flotation costs. (Enter your NPV answer in dollars, not millions of dollars (e.g., 1,234,567). Enter your IRR answer as a percent. Do not round intermediate calculations and round your final answers to 2 decimal places (e.g., 32.16).)
IRR
%
NPV $
A.the initial time 0 cash flow is $28,805,000. B.the appropriate discount rate is 6.62%. C.the aftertax salvage value of the plant and equipment is $376,000. D.the annual operating cash flow from this project is $13,830,000.
a.
The initial time 0 cash flow is calculated as follows:
Initial investment:
Land cost = $5,200,000
Plant and equipment cost = $31,920,000
Initial net working capital investment = $1,275,000
Total initial investment = $38,395,000
Side effects:
Tax benefit from depreciation = $3,990,000 (calculated as ($31,920,000 - $4,400,000) / 8 * 0.4)
Sale of land at the end of Year 5 = $5,600,000
Total side effects = $9,590,000
Initial time 0 cash flow:
= Total initial investment - Total side effects
= $38,395,000 - $9,590,000
= $28,805,000
Therefore, the initial time 0 cash flow is $28,805,000.
b.
The appropriate discount rate can be calculated using the following formula:
Discount rate = Risk-free rate + Beta × Market risk premium + Risk premium for increased riskiness
Risk premium for increased riskiness = 1% of the market risk premium
Market risk premium = 6% - 4% = 2%
Discount rate = 4% + 1.3 × 2% + 1% × 2%
= 4% + 2.6% + 0.02%
= 6.62%
Therefore, the appropriate discount rate is 6.62%.
c.
The aftertax salvage value of the plant and equipment can be calculated as follows:
Book value of the plant and equipment at the end of Year 5:
= Initial cost - (Annual depreciation × Number of years)
= $31,920,000 - ($31,920,000 / 8 × 5)
= $15,960,000
Tax on sale:
= (Sale price - Book value) × Tax rate
= ($4,400,000 - $15,960,000) × 40%
= -$4,024,000 (negative because it is a tax benefit)
Aftertax salvage value:
= Sale price + Tax on sale
= $4,400,000 - $4,024,000
= $376,000
Therefore, the aftertax salvage value of the plant and equipment is $376,000.
d.
The annual operating cash flow can be calculated as follows:
Revenue:
= Quantity sold × Selling price
= 16,500 × $10,750
= $177,375,000
Variable costs:
= Quantity sold × Variable cost per unit
= 16,500 × $9,350
= $154,275,000
Fixed costs = $6,700,000
Earnings before interest and taxes (EBIT):
= Revenue - Variable costs - Fixed costs
= $177,375,000 - $154,275,000 - $6,700,000
= $16,400,000
Tax:
= EBIT × Tax rate
= $16,400,000 × 40%
= $6,560,000
Net income:
= EBIT - Tax
= $16,400,000 - $6,560,000
= $9,840,000
Depreciation:
= Plant and equipment cost / Number of years
= $31,920,000 / 8
= $3,990,000
Operating cash flow:
= Net income + Depreciation
= $9,840,000 + $3,990,000
= $13,830,000
Therefore, the annual operating cash flow from this project is $13,830,000.
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Several companies produce latex gloves that are used in a variety of different industries. If one of the glove manufacturers decreases its price by just a few percentage points, it will result in a significant increase in quantity demanded. The demand for latex gloves is:
Answer: elastic
Explanation:
From the question, we are told that several companies produce latex gloves which are used by different industries. We are further told that when one of the glove manufacturers reduces its price by just a few percentage points, this will result in a significant increase in quantity demanded.
Based on the explanation above, we can reduce that the demand for latex gloves is elastic. Elastic demand occurs when a change in price brings about a large change in the quantity demanded of a particular product. This is the scenario that happened regarding the latex gloves.
influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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Keri is making doll clothes for a holiday craft show. the wholesale cost of the materials for one outfit is $9.38. if she sells an outfit for $15, what is the percent of markup? round to the nearest percent.
The percent of markup is calculated by dividing the selling price by the cost of the materials:
Markup % = (Selling Price / Cost of Materials) x 100
Rounded to the nearest percent, the markup is 60%.
The percent of markup for Keri's doll clothes can be calculated by using the formula:
Markup Percent = [(Selling Price - Wholesale Cost) / Wholesale Cost] × 100
First, we need to find the difference between the selling price and the wholesale cost:
$15 - $9.38 = $5.62
Next, we need to divide this difference by the wholesale cost:
$5.62 / $9.38 = 0.599
Finally, we need to multiply this number by 100 to get the percent of markup:
0.599 × 100 = 59.9%
Rounding to the nearest percent, the markup percent for Keri's doll clothes is 60%.
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