Business, 21.01.2021 22:10 davidgarcia522083
Cordell Inc. experienced the following events in Year 1, its first year of operation: Received $52,000 cash from the issue of common stock. Performed services on account for $80,000. Paid a $5,200 cash dividend to the stockholders. Collected $58,000 of the accounts receivable. Paid $52,000 cash for other operating expenses. Performed services for $16,000 cash. Recognized $2,200 of accrued utilities expense at the end of the year.
Answers: 3
Business, 22.06.2019 10:40
Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
Answers: 1
Business, 22.06.2019 19:00
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
Answers: 2
Business, 22.06.2019 20:30
You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase
Answers: 3
Cordell Inc. experienced the following events in Year 1, its first year of operation: Received $52,0...
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