Answer:
The answer is $6,693,753
Explanation:
Net Working Capital = current assets - current liabilities
Current assets:
Cash and marketable securities
Inventory
Accounts receivable
Other current assets
$1,235,455 + $7,145,200 + $3,489,700 + $121,455
Total current assets = $11,991,810
Current liabilities:
Accounts payable = $4,159,357
Notes payable = $1,138,700
Total current liabilities = $5,298,057
Net working capital
= $11,991,810 - $5,298,057
= $6,693,753
Cost of dinner 15,300
Gross Margin 2,700
Invitations and paperwork 2,500
Profit (loss) $ 5,200
This year the dinner committee does not want to lose money on the dinner. To help achieve itsâ goal, the committee analyzed lastâ year's costs. Of the â$15,300 cost of theâ dinner, â$9,000 were fixed costs and â$6,300 were variable costs. Of the â$2,500 cost of invitations andâ paperwork, â$1,975 were fixed and â$525 were variable.
Requirement:
1. Prepare last year's profit report using the contribution margin format.
Answer:
Contribution Margin $ 5775
Net Loss ( $ 5,200 )
Explanation:
Ticket sales $12,600
Less
Variable Costs
Cost of dinner
Variable Costs ( 15,300- 9000) $ 6,300
Invitations and paperwork (variable costs) $ 525
Less Fixed Expenses
Cost of dinner (fixed costs) $ 9000
Invitations and paperwork (fixed costs) $ 1975
Net Loss ( $ 5,200 )
Contribution Margin is obtained by deducting variable costs from sales and then the profit or loss is obtained by deducting fixed costs from the contribution margin.
Answer:
10 fewer tons of pollution into the river and Firm B will dump 50 fewer tons of pollution into the river.
Explanation:
Firm B will SELL ALL of its allotted 20 permits, and clean up all of its 50 units of pollution. The price per permit will be above $50 each. Firm A will BUY ALL 20 of B's permits. It will then dump 40 tons into the water, and will clean up its remaining 10. The price it pays for a permit will be under $100.
Answer:
Firm B will sell all its permits to Firm A i.e ( lesser chemical dumps into the river )
Explanation:
Firm B will rather sell all its 20 tonnes worth of pollution permit to firm A because it would cause Firm B lesser than Firm A when they dispose off their wastes before it gets to the River hence they will rather dispose off their waste rather than paying/purchasing pollution permits while
Firm A will buy out all of Firm B's allotted pollution permits to reduce the number of tonnes they would dispose off before getting to the river. this is because it would cause them more when they dispose off their waste before getting it to the river. hence the End product of the whole arrangement will be Chemical dumps into the River will be reduced drastically to 40 overall instead of 100 due to the cost of dumping permits.
Answer:
The $8 million is the amount which should Carter report as net cash from investing activities.
Explanation:
Cash flow from investing activities : It includes all types of transactions whether it is a sale or purchase of fixed assets and intangible assets.
So, the net cash flow amount from investing activities is equals to
= Sale of marketable securities + Sale of land - Purchase of equipment - purchase of patent
= $30 million + $15 million - $25 million - $12 million
= $8 million
The sale of common stock and purchase of treasury stock is a part of financing activities. Hence, it is not considered in the computation part.
Thus, the $8 million is the amount which should Carter report as net cash from investing activities.
Carter Containers' cash inflows from selling marketable securities, land, and common stock total $85 million. The cash outflows from buying treasury stock, equipment, and a patent total $58 million. Therefore, the net cash from investing activities is $27 million.
To figure out the net cash from investing activities for Carter Containers, we begin by looking at the inflows of cash. These are generated by the sales of marketable securities, land, and common stock for $30 million, $15 million, and $40 million, respectively.
We then take into consideration the outflows, which are the result of purchasing treasury stocks, equipment, and a patent, costing $21 million, $25 million, and $12 million respectively.
Summing up all the cash inflows gives us a total of $85 million. The total outflows, which are the company's expenses, amount to $58 million. To determine the net cash from investing activities, we subtract the total cash outflows from the total inflows.
Therefore, Carter's net cash from investing activities is $27 million ($85 million - $58 million).
#SPJ11
Answer:
$5,325
Explanation:
Disposable personal income is the income that remain after paying all personal taxes and purchase of final expenditure on goods and services.
Disposable personal Income = Personal Income of the consumers - Personal Taxes paid by the consumers
Disposable personal Income = $7,863 - $2,538
Disposable personal Income = $5,325
So, the disposable personal Income for the individual is $5,325.
Answer:
Equilibrium Price (Ep) = 20
Equilibrium quantity (Eq) = 100
Explanation:
Missing information
Qs = 5P
Qd = 120 - P
The equilibrium is where quantity supplied matches quantity demanded.
Qs= Qd
5P = 120 - P
5p + P = 120
6P = 120
P = 20
Then we solve for quantity:
Notice, we should get the same answer in both equation, else is wrong.
Qs = 5 x P = 5 x 20 = 100
Qd = 120 - P = 120 - 20 = 100
They match so our answer are correct.
Ie get different value, first; we check the math and if keeping getting different values we should redo the calculation for price.
Answer:
Explanation:
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