Answer:
$1,241
Explanation:
For computing the net advantage to leasing first we have to determine the total cash flow from leasing and total cash flow from buying which is shown below:
For leasing:
Year Lease payment PVF at 5.8% Present value
1 $6,500 0.9452 $6,144
2 $6,500 0.8934 $5,807
3 $6,500 0.8444 $5,489
Total outflow $17,440
For buy:
Year Outflow or inflow PVF at 5.8% Present value
0 ($23,000) 1 ($23,000)
1 $1,610 0.9452 $1,522
2 $1,610 0.8934 $1,438
3 $1,610 0.8444 $1,359
Total outflow $18,681
Now the net advantage to leasing is
= Buy outflow - leasing outflow
= $18,681 - $17,440
= $1,241
Answer: The new divisor for the price-weighted index is 0.77982
Explanation:
Divisor = [(94 + 312/2 + 90) / [(94 + 312 + 90) / 3]
= 0.77982
Answer:
The Total Budgeted Sales of May is $944,000
Explanation:
Budgeted sales are those sales which a business estimated in a particular period of time. While budgeting the future value company calculated the sales cost and other expenses to minimize the uncertainty and prepare for the future.
As per given data
In May
Budgeted sales Volume = 3,200 cookwares
Budgeted price per unit = $295
Budgeted Sale value = Budgeted Volume x Budgeted Sales price = 3,200 cookwares x $295 = $944,000
Cash Sales = $944,000 x 25% = $236,000
Credit Sales = $944,000 x 75% = $708,000
Answer: GNP; GDP
Explanation:
<em>The value of what a Canadian-owned Tim Hortons produces in South Korea is included in the Canadian </em><em><u>GNP </u></em><em>and the South Korean </em><em><u>GDP</u></em><em>. </em>
Gross National Product refers to the total amount of domestic production and foreign production that can be attributed to the residents of a nation.
This means that GNP includes the GDP and income earned by residents of the country in other countries but less the income earned by foreigners in the country. For Canada therefore, the value of goods produced by the Canadian company in South Korea will be added to the GNP.
Gross Domestic Product (GDP) on the other hand is simply the total final value of goods and services produced in a country regardless of if it was foreigners or residents doing the production. The value of what a Canadian-owned Tim Hortons produces in South Korea is therefore included in South Korea's GDP.
