Martin Enterprises needs someone to supply it with 105,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. It will cost you $720,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. You estimate that, in five years, this equipment can be salvaged for $68,000. Your fixed production costs will be $285,000 per year, and your variable production costs should be $9.40 per carton. You also need an initial investment in net working capital of $55,000. If your tax rate is 21 percent and you require a return of 9 percent on your investment, what bid price should you submit?CHEGG EXCEL
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Business, 21.06.2019 22:20
Why should you not sign the tenant landlord agreement quickly and immediately
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Business, 22.06.2019 03:20
Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.
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Business, 22.06.2019 08:00
How do communism and socialism differ in terms of the role that government plays in the economy ?
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Business, 22.06.2019 09:40
As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?
Answers: 3
Martin Enterprises needs someone to supply it with 105,000 cartons of machine screws per year to sup...
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