Answer:
he best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated
Explanation:
Based on the information provided, the best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated. From solely taking into account the fixed costs of producing the products, if the company were to produce the desired amount and sell them they would recover a total of 8,000,000 from the costs that they have incurred in Research & Development. This is not taking into account the variable costs that may be incurred, still, they recover much of what they have already spent.
Answer:
Petty Cash is debited for $200; Cash is credited for $200
Explanation:
Based on the information given in a situation were they decided to create a petty cash fund in which it was estimated that the amount of $200 would be needed in the petty cash fund which means that the correct journal entry to create the account is to DEBIT Petty Cash with the amount of $200 and to CREDIT Cash with the amount of $200.
Petty Cash is debited for $200
Cash is credited for $200
Answer:
The approximate present value = $24294
Explanation:
Given the annuity or expected amount for 10 years = 2000 dollars
The corporation expects the amount for next 10 years = $3500
Discount rate or interest rate = 8%
Present value = (2000 × PVIFA at 8%, 10 YEARS) + (3500 × PVIFA at 8%, 10 YEARS × PVIFat 8%, 10 YEARS)
Present rate = (2000 × 6.710) + (3500 × 6.710 X 0.463)
= $24293.6 or $24294 (round off)
Answer:
I guess the interest rates are 9.10% and 7% per year.
a) $173,369.67
b) $217,212.31
Explanation:
the total distributions received by Ms. Frank are:
year distribution
1 10000
2 11000
3 12000
4 13000
5 14000
6 15000
7 16000
8 17000
9 18000
10 19000
11 20000
12 21000
13 22000
14 23000
15 24000
16 25000
17 26000
18 27000
19 28000
20 29000
21 30000
22 31000
23 32000
24 33000
25 34000
Using excel, I calculated the present value of this annuity using the different discount rates (using present value function)
a) $173,369.67
b) $217,212.31
Decentralized refers to the process of the activities an organization has within delegation. A centralized organization would have operations coming from a central person or group that has authority over the person or group. A decentralized organization has more independent workers making decisions without being delegated tasks over and over.
