Business, 07.01.2021 01:40 ashleyjohnson2002
The following information relates to Sheridan Real Estate Agency.
Oct. 1 James Sheridan begins business as a real estate agent with a cash investment of $17,400.
2 Hires an administrative assistant.
3 Purchases office furniture for $2,204, on account.
6 Sells a house and lot for C. Rouse; bills C. Rouse $4,176 for realty services performed.
27 Pays $1,276 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $2,900 in salary for October.
Prepare the debit-credit analysis for each transaction.
Answers: 1
Business, 22.06.2019 05:30, 2023greenlanden
The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?
Answers: 1
Business, 22.06.2019 08:00, maddison788
Shrieves casting company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by sidney johnson, a recently graduated mba. the production line would be set up in unused space in the main plant. the machinery’s invoice price would be approximately $200,000, another $10,000 in shipping charges would be required, and it would cost an additional $30,000 to install the equipment. the machinery has an economic life of 4 years, and shrieves has obtained a special tax ruling that places the equipment in the macrs 3-year class. the machinery is expected to have a salvage value of $25,000 after 4 years of use. the new line would generate incremental sales of 1,250 units per year for 4 years at an incremental cost of $100 per unit in the first year, excluding depreciation. each unit can be sold for $200 in the first year. the sales price and cost are both expected to increase by 3% per year due to inflation. further, to handle the new line, the firm’s net working capital would have to increase by an amount equal to 12% of sales revenues. the firm’s tax rate is 40%, and its overall weighted average cost of capital, which is the risk-adjusted cost of capital for an average project (r), is 10%. define “incremental cash flow.” (1) should you subtract interest expense or dividends when calculating project cash flow?
Answers: 1
The following information relates to Sheridan Real Estate Agency.
Oct. 1 James Sheridan begins busi...
History, 28.01.2021 20:00
Mathematics, 28.01.2021 20:00
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