Answer:
a. Sales for November = $192,666.67
b. Sales for December = $312,400,00
c. Total cash collections are as follows:
January = $200,580
February = $201,360
March = $191,750
Explanation:
a. Compute the sales for November.
Sales for November = (Accounts receivable balance at the end of the previous quarter - Uncollected sales from December) / Collection rate two months after the sale = ($107,000 - $78,100) / 15% = $192,666.67
b. Compute the sales for December.
Sales for December = Uncollected sales from December / (Collection rate one months after the sale + Collection rate two months after the sale) = $78,100 / (10% + 15%) = $312,400,00
c. Compute the cash collections from sales for each month from January through March.
Note: See the attached excel file for the schedule of cash collections from sales for each month from January through March.
From the attached excel file, total cash collections are as follows:
January = $200,580
February = $201,360
March = $191,750
Answer:
The Break Even Point is the Sales Value that will cover the cost of production. Meaning the Sales Value that will bring profitability to Zero
Break Even sales for Company wide = $378,000
Break Even Value for Chicago is $111,429
And Break Even Value for Minneapolis is $120,000
The Addition of both Outlets/Offices Break Even Sales is less than the Company-wide because the Offices don't share in the Common Fixed Expense as these are specific to Group reporting.
Explanation:
Answer:
net present value is
$228,652.29-$200,000.00
=$28,652.29.
Explanation:
Net cashflows
Year 1= 100000
Year 2= 90000
Year 3= 95000 (75000+ 20000)
Totals= 285000
Present value at 12%
Formula for present value=
1/(1+r)^n
where r= interest rate
n= number of years
Year 1=1/(1+0.12)^1 =0.8929
Year 2=1/(1+0.12)^2= 0.7972
Year 3=1/(1+0.12)^3 =0.7118
Present value of net cash flows =
Present value × net cash flows.
Year 1= 0.8929 × 100000= $89,285.71
Year 2=0.7972 ×90000= $71,747.45
Year 3=0.7118×95000= $67,619.12
Totals = $228,652.29
Amount invested= $(200,000.00)
Net present value (NPV) is referred to as the difference between the present value of cash inflows and the present value of cash outflows over a period of time. Net Present Value is used in capital budgeting and investment planning to analyze the profitability of a projected investment or project.
Therefore, net present value is
$228,652.29-$200,000.00
=$28,652.29.
Answer:
1,680 sailboats
Explanation:
See the image to get the answer:
Answer:
Explanation:
Skills needed
Surveying
Planning
Constructs
Decor or furnishing
Resources needed
Workers or Labour
Raw materials
Capital
I'll charge according to the work done.