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2 years ago

You have decided to renovate your restaurant. You estimate that renovations will result in an extra $125,000 in sales per

Business

2 answers:

sdas [7]2 years ago

6 0

Answer: 14 years

Explanation: Took test on KM and got it right

lozanna [386]2 years ago

5 0

Answer:

13.33 years

Explanation:

The time it takes for an investment to repay its initial investment if the payback period. For an investment project with regular cash flows, the formula for calculating the payback period is ;

Payback period =Initial investment/cash flows

In this case: Initial investment is $2,000,000.00

cash flow= extras sales per year plus saving on utilities

= $125,000 + $25,000= $ 150,000

payback period = $ 2,000,000/ $ 150,000

=13.33 years

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Pharoah Company just began business and made the following four inventory purchases in June: June 1 186 units $1290 June 10 248

kherson [118]

Answer:

Ending Inventory 2,092

Explanation:

PURCHASES

DATE QUANTY PRICE SUBTOTAL

1 186 $6.935484 $1,290.00

10 248 $7.78226 $1,930.00

15 248 $8.38710 $2,080.00

28 186 $8.81720 $1,640.00

Inventory on hand 260

Using FIFO we have to pick from the bottom of the table until reach 240 unit.

last line: June 28th 186 units total cost 1640

240 - 186 = 54 units

we need 54 more units so we go to next purchase

June 15th 54 units at 8.3810 = 542.034 = 542

Now we add to get total ending ivnentory

186 units 1640

54 units 452

Ending Inventory 2,092

5 0

2 years ago

Read 2 more answers

1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividen

Alenkinab [10]

Answer:

A decision to convert to rental should consider factors such as the taxpayer’s marginal tax rate, availability of excluding gain from the sale of a personal residence, expected growth rate of the rental property, length of time the house will be rented before being sold, cash flow from renting, effect of the passive activity rules, and rate of return on other invested funds.

How rent-to-own investments solve cash flow issues. HomeNews. by Neil Sharma 19 Mar 2019.. and you can redirect that equity to buy rent-to-own properties.". where she explained how a single investor helped seven families become homeowners while cash flowing $60,000 a year.

6 0

2 years ago

An arm loan has a 4.00% start rate, and it is time for the first adjustment to be made. it has a periodic cap of 1% and a lifeti

Lena [83]

The rate after its first adjustment is 5%. The ARM adjustment would be controlled by the periodic cap, because the "true rate" or "fully-indexed rate" is 6.00% (1%+5%). Because the periodic cap prevents the start rate from moving any more than 2% at any given adjustment, the first move can only go as high as 5.00%.

5 0

2 years ago

In November 2004, Kraft Foods sold its confectionery business to Wrigley for $1.85 billion cash, which consisted primarily of th

VMariaS [17]

Answer:

The correct answer is letter "B": Sell-off.

Explanation:

A sell-off is the rapid sale of an asset typically follow by its drastic decline in its value. For example, if ABC corporation releases a bad earning report many of its shareholders may decide to sell their shares. With many sellers and few buyers, ABC stock value will sharply fall.

Kraft Foods Inc., in November 2004, published the sell of its sugar confectionery enterprises because they had discontinued operations. They planned to restructure the organization realigning and lowering the structure cost and optimizing capacity utilization.

4 0

1 year ago

Rizzo Manufacturing produces two types of cameras: 35mm and digital. The cameras are produced using one continuous process. Four

tiny-mole [99]

Answer:

Total overhead assigned to each the 35mm camera $ 66,000

An Activity Rate for receiving $8 per receiving order

Receiving costs for 35mm camera $1600

An Activity Rate for packing $ 10 per packing order

Explanation:

Product Machine Hours Setups Receiving Orders Packing Orders

35mm 10,000 100 200 400

Digital 10,000 250 800 2000

Cost $60,000 $40,000 $8,000 $24,000

Total Overhead Costs= $ 60,000 + $ 40,000 + $ 8000+ $ 24,000= $132,000

Total overhead assigned to each the 35mm camera=( Total Costs/Total Machine Hours) * 35mm camera machine hours

Total overhead assigned to each the 35mm camera= ($ 132,000/ 20,000)10,000= $ 66,000

An Activity Rate for receiving based on receiving orders= 8000/1000= $8 per receiving order

Receiving costs for 35mm camera= 8 * 200= $1600

An Activity Rate for packing based on packing orders = 24000/ 2400= $ 10 per packing order

5 0

1 year ago