Answer: $267470
Explanation:
Based on the information given in the question, the amount that Splish should report as its December 31 inventory will be:
Goods in hand = $217,700
Add: Goods purchased from Pelzer Corporation = $26,450
Add: Goods sold to Alvarez Company = $23320
Total inventory value = $217,700 + $26,450 + $23320
= $267470
Therefore, the amount that Splish should report as its December 31 inventory will be $267470
Using the Internet, local newspapers, and/or any regional information, write a 500-word report on on-line banking. In your report, tell of the advantages (if any) over regular banking. Why would it be attractive to people? What conveniences are offered? Is it safe, or will other people get access to your accounts?
Describe in one or two paragraphs some steps you can take to make sure that a news article or post is truthful.
Answer:
News online is often fake or false, so you must take additional steps to ensure what you're reading is true. First, you should check the url. if it is a .gov or .edu, it it usually a reliable source. .com websites mean it is a commercial website, one that is just trying to earn money or fame. .edu means educational, and .gov means government, both of which are almost always truthful. That's one of the steps you can take to confirm what you're reading isn't a lie.
You can also check other reliable sorces to see if they say the same thing. If you read an article off a website, Wikipedia being a good example of this, they usually have the sources they used to write said article. Wikipedia always has a list of these at the bottom of their pages. You can check those sources to see if they are reliable, and if they are that increases the validity of the article you read.
Answer:
There are steps you can take to make sure that a news articale or post is truthful. Some examples include the following. Checking reputable websites and media outlets. It is important to check reputable websites and meadia outlets because without checking things how would you know what you are readin is true. The next step you can take to make sure that a news artical or post is truthful is checking the name of a website for red flags. If a website has certain errors you wouldn't normal see nine times out of ten the post or article you are reading is untruthful. Lastly, avoid sharing media messages, which are likely to be fake. You should avoid this because you don't want to be sharing untruthful information without knowing. So, if the website doesn't look truthful then dont share it. Those are some out the many ways you can take to make sure that a news article or post is truthful.
Explanation: My own.
Collateral will not matter in the loan process if
which of the following occurs?
A. The person defaults on a loan.
B. Another item is bought in place of the original item.
C. A person makes all of their loan payments on time.
D. The bank gathers information in order to approve a loan.
In the event that the bank gathers data before approving a loan, collateral won't be taken into consideration. Option (D) is right as a result.
In the financial industry, collateral is a valuable asset that a borrower pledges as security for a loan.
For instance, the house bank is used as collateral when a home buyer gets a mortgage. The automobile is used as collateral for a car loan. When a company seeks bank funding, the company may use valuable property or equipment as loan collateral.
In the event of a default, the lender may take possession of the collateral and sell it to repay its losses.
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In one paragraph, describe two ways in which the Credit Card Accountability Responsibility and Disclosure Act (CARD Act) helps customers.
A consumer protection law called the Credit Card Accountability Responsibility and Disclosure Act of 2009 was passed to protect consumers from unfair business practices by credit card issuers. Increased disclosure of credit card terms and conditions, as well as limitations on associated fees and interest rates, are required to achieve this.
What is a Credit card?A bank or other financial institution issues a small, rectangular piece of plastic or metal known as a credit card, which allows its owner to borrow money in order to pay for goods and services at establishments that accept credit cards.
To protect the customers against unfair practice The Credit Card Accountability Responsibility and Disclosure Act (CARD Act) were passed.
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What are payroll taxes?
Answer:
This is all the information I could find.
1. Assume you are given the following information about an economy
Combinations Capital goods (‘000) Consumer goods (‘000)
A 60 0
B 50 1
C 30 2
D 0 3
a) Draw the PPF. (capital goods on the Y axis and Consumer goods on the X axis).
b) Explain why the PPF is concave
c) Suppose the economy moves from point B to point C, what is the opportunity cost of doing so?
2. Given the demand for housing, describe the effect of each of the following in terms of whether it would increase or decrease the quantity demanded or the demand for housing. Indicate whether the effect of each of the following is an upward or downward movement along a given demand curve or involves an outward or inward shift in the relevant demand curve for housing. Explain your answers.
a) An increase in housing prices
b) A fall in interest rates
c) A rise in interest rates
d) A severe economic recession
e) A robust economic expansion
3. Describe THREE factors which could cause an upward shift in the supply curve for a product.
4. The demand for Good X is 300 units when its price is £4. Assume that as a result of a price fall, the demand for the good increases to 400 units and the sales revenue falls by £400.
a) Calculate the price of Good X after the fall.
b) Calculate the price elasticity of demand with respect to the fall in its price.
c) State whether elasticity will change with a downward movement along a linear demand curve.
d) Assume that the cross-price elasticity of demand for Good Y which is a complement to Good X is −1.5.
e) Calculate the proportionate change in the demand for Good Y as a result of the fall in price of Good X.
Answer:
1a) The PPF for this economy would be a concave curve, as can be seen in the graph below. The PPF shows the maximum combinations of capital and consumer goods that can be produced in the economy. 1b) The PPF is concave because of the law of increasing opportunity cost. As more of one good is produced, the opportunity cost of producing the other good increases. 1c) The opportunity cost of moving from point B to point C is the loss of 1 unit of capital goods. 2a) An increase in housing prices would cause an upward shift in the demand curve for housing, as consumers would be willing to pay more for housing. 2b) A fall in interest rates would cause an outward shift in the demand curve for housing, as it would become cheaper to borrow money for housing. 2c) A rise in interest rates would cause an inward shift in the demand curve for housing, as it would become more expensive to borrow money for housing. 2d) A severe economic recession would cause an inward shift in the demand curve for housing, as people would have less money to spend on housing. 2e) A robust
Explanation:
Substitute x = b 2 into the simplified expression, the value was 20.
Answer:
b= 10 x = 20
Explanation:
b= 10. 10 x 2 =x
Therefore the value of X is 20 if you substitute the value twenty for x then divide that value by two you received your variable b's answer.
definition of home trade
Answer:
Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail
A company is planning to expand its production from its current price (1050 PKR/unit) and getting a total revenue of 37800/PKR at a fixed cost of 1000/- PKR and variable cost of 1050/- PKR. If currently the company is producing 36 units, how many further units can the company make while staying in profit if the appreciation in variable cost (2.13) and depression in price (2.13) per unit from the previous unit
The company can only produce up to 18 units while staying in profit considering the appreciation in variable cost and the depression in price.
The company is planning to expand its production and get a total revenue of 37800/PKR at a fixed cost of 1000/- PKR and a variable cost of 1050/- PKR.
Currently, the company is producing 36 units, and the current price per unit is 1050 PKR/unit.
The total revenue for the current production will be 36 units × 1050 PKR/unit = 37800 PKR.
Since the total revenue is equal to the sum of fixed cost and variable cost, it implies that;
Total Revenue = Fixed Cost + Variable Cost
Multiplying both sides by the number of units gives;
Total Revenue × Number of Units = Fixed Cost × Number of Units + Variable Cost × Number of Units
Rearranging gives;
Variable Cost × Number of Units = Total Revenue × Number of Units
Fixed Cost × Number of Units
Substituting with values from the problem statement, we have;
Variable Cost × Number of Units = 37800 × Number of Units - 1000 × Number of Units
Variable Cost × Number of Units = (37800 - 1000) × Number of Units Variable Cost × Number of Units = 36800 × Number of Units
But the variable cost is given as 1050 PKR/unit.
Therefore, we can write;
1050 × Number of Units = 36800 × Number of Units
1050 = 36800
Since the price of production has depreciated by 2.13, the current price per unit is equal to;
1050/2.13 = 493 PKR/unit
For the company to make a profit, the total revenue must be greater than the total cost.
Therefore; Total Revenue > Fixed Cost + Variable Cost
Multiplying both sides by the number of units gives;
Total Revenue × Number of Units > Fixed Cost × Number of Units + Variable Cost × Number of Units
Substituting with values from the problem statement, we have;
37800 × Number of Units > 1000 × Number of Units + 1050 × Number of Units37800 > 2050 × Number
Units Solving for the number of units;
Number of Units < 37800/2050Number of Units < 18.44 units
Therefore, the company can only produce up to 18 units while staying in profit considering the appreciation in variable cost and the depression in price.
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What body of people do not have to worry about raising capital?
Discuss several ways to punish white-collar crimes discussed in the text. Discuss the pros and cons of each.
The several ways to punish white-collar crimes are;
fines home detention community confinementWhat is white-collar crimes?
Financially driven, nonviolent or indirectly violent crime committed by people, businesses, and government officials is referred to as white-collar crime.These offenses cover a wide range of fraudulent practices, including money laundering, health care fraud, mortgage fraud, and securities fraud.
However, the scope goes beyond these and encompasses additional offenses like insider trading, tax evasion, and embezzlement. Whenever at least one victim experienced significant financial harm, the federal sentencing guidelines recommend a longer jail term.
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If you are asked to fill out a W-9 instead of a W-4 when you first start a job, what does that mean? What kind of taxes might you have to pay and how much are they?
Answer:
The difference between W-4 and a W-9 depends on your profession.
Explanation:
If you are asked to fill out a W-9 instead of a W-4 when you first start a job, it means that you're a freelancer, self-employed, or do contract work for a company.
W-9 is a Request for Taxpayer Identification Number and Certification.
While a W-4 is a Employee's Withholding Allowance Certificate.
The kind of taxes you might have to pay don't withhold any of the required taxes, like federal taxes or Social Security taxes.
Someone using the W-9 is responsible for paying the taxes themselves.
As of January 1, Terrace Waters, Capital had a credit balance of $500,000. During the year, withdrawals totaled $10,000, and the business incurred a net loss of $320,000. Compute the balance of Terrace Waters, Capital as of the end of the year. Assuming that there have been no recording errors, will the balance sheet prepared at December 31 balance? Explain.
If as of January 1, Terrace Waters, Capital had a credit balance of $500,000.
A. The balance of Terrace Waters, Capital as of the end of the year Iis $170,000.
b. Yes, Assuming that there have been no recording errors, the balance sheet prepared at December 31 balance will balance.
How to find the balance?a. Balance of Terrace Waters:
Using this formula to find the balance of Terrace Waters:
Balance of Terrace Waters = Capital - Withdrawals - Net loss
Balance of Terrace Waters = ($500,000 – $10,000 – $320,000)
Balance of Terrace Waters = $170,000
This positive balance means that the assets of Waters' business is higher than the liabilities.
b. Yes, assuming that there have been no recording errors, the balance sheet prepared at December 31 will balance with Terrace Waters, Capital, being reported in the owner’s equity section as the amount of $170,000.
Therefore the balance of Terrace Waters, Capital is the amount of $170,000 and the balance sheet will balance.
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3. A thousand dollars is invested for 7 months at an interest rate of 1% per month. What is the nominal interest rate per year
Nominal interest = 1%/month * 12month/1 year
nominal interest rate =12%/ year
Effective interest rate = (1+1%)^12-1 = (1+1/100)^12 -1 = 12.68%
If the effect of the debit portion of an adjusting entry is to increase the balance of an asset
account, which of the following describes the effect of the credit portion of the entry?
When the debit portion of an adjusting entry is used to increase the balance of an asset account, the credit portion of the entry will decrease the balance of another account, which will be either a liability account or an equity account.
What is the adjusting entry?Adjusting entries are journal entries that are made at the end of an accounting period to modify the accounts' balances. They are done to update and verify revenue and expense accounts' accuracy, as well as to adjust the balance sheet accounts for adjustments that have yet to be recorded.When should adjusting entries be made?Adjusting entries are typically made at the end of an accounting period. For example, adjusting entries may be needed if a company's insurance premiums have been paid in advance, or if a company has earned revenue but has not yet received payment.Adjusting entries are critical in determining the correct profit and loss as well as the balance sheet, which is why they must be accurate and complete.Adjusting entries are required for each financial statement's following types:Income Statement - revenue and expense accounts are adjusted.Balance Sheet - asset, liability, and equity accounts are adjusted.How are adjusting entries made?Adjusting entries are made with the following steps:Step 1: Determine the transaction or event that necessitates an adjustment. Step 2: Determine which accounts are affected by the transaction or event. Step 3: Decide whether each account is to be debited or credited. Step 4: Make the necessary adjusting journal entries.
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Which of the following reasons for writing a formal business document would
lead you to write a proposal?
A. To convince your manager to use a new meeting organization tool
O B. To summarize what happened during a meeting
о C. To tell your manager a project is on budget and on schedule
O D. To describe what tasks you completed during the week
The reason that would lead someone to write a proposal would be option A - to convince your manager to use a new meeting organization tool. Option A
A proposal is a formal business document that is used to suggest a solution to a problem or to propose a new idea. It is used to convince someone to take action or make a decision that will benefit the company. In this case, the proposal is being used to convince the manager to adopt a new meeting organization tool.
The proposal would outline the benefits of the new tool, the cost of implementation, and how it would improve efficiency within the company. It would also include any research that has been conducted to support the proposal, as well as potential challenges and solutions. A proposal is a persuasive document that needs to be well-written and thought out.
Options B, C, and D do not require a proposal. Summarizing what happened during a meeting can be done through meeting minutes or a brief report. Telling your manager that a project is on budget and on schedule can be done through a progress report.
Describing what tasks you completed during the week can be done through a weekly status report. These types of reports are not intended to persuade or convince, but rather to inform. In conclusion, if you need to persuade someone to take action or make a decision, then a proposal would be the appropriate formal business document to use. Option A.
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PLEASE HELP ASAP
An engineer has designed a valve that will regulate water pressure on an automobile engine. The valve was tested on 270 engines and the mean pressure was 6.0 pounds/square inch (psi). Assume the population standard deviation is 0.6. The engineer designed the valve such that it would produce a mean pressure of 6.1 psi. It is believed that the valve does not perform to the specifications. A level of significance of 0.05 will be used. Find the P-value of the test statistic. Round your answer to four decimal places.
Since the P-value is less than the significance level, = 0.05 , we reject the null hypothesis
Decision is reject H0
What is P-Value?The P-value is a crucial metric of statistical significance utilized to measure the probability of obtaining a result equal to or more extreme than the observed one, provided that the null hypothesis is accurate.
If its value is lower than the predetermined level of significance (most commonly set at 0.05), then rejecting the null hypothesis is justified. The smaller the calculated P-value, the stronger the evidence against the null conjecture. Consequently, its ample usage in hypothesis testing has established it as an essential element in assessing the wordiness of research findings.
How to solve:
Given :
Sample size, n = 270
Sample mean,
= 6
Population standard deviation,
= 0.6
Population mean,
= 6.1
Significance level,
= 0.05
P-value : 0.0061
P-value with test statistic z= -2.74 is
Conclusion :
There is sufficient evidence to support the claim that the valve does not perform to the specifications
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According to the extract, entrepreneurial activity includes developing and launching new businesses and marketing them, often with the end goal of selling the business to turn a profit. Based on this, indicate a product or service you plan to start a business with. Explain how you generated the business idea and determined the feasibility of the idea.
Developing a profitable company idea involves imagination, investigation, and cautious preparation.
How business idea is generated and its feasibilityTo generate a business idea, consider your interests, skills, and knowledge. Think about problems that you or others face in your daily life and whether there are potential solutions that could be turned into a business. Research the market to see if there is demand for the product or service you are considering and whether there are existing competitors.
To determine the feasibility of your business idea, conduct a thorough analysis of the potential costs and revenue streams. Create a business plan that outlines your goals, marketing strategy, and financial projections. Consider seeking advice from experts in your industry or consulting with a business mentor. It is also important to assess any legal or regulatory requirements that may apply to your business.
Overall, generating a successful business idea requires creativity, research, and careful planning. By considering your interests, skills, and market demand, you can identify a potential product or service that meets a need and has the potential to be profitable. With thorough analysis and planning, you can determine the feasibility of your idea and take steps towards launching a successful business.
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When contesting enforcement actions, you have ___ days to request a conference with a MSHA District Manager if you disagree.
When contesting enforcement actions, you have 10 days to request a conference with an MSHA District Manager if you disagree.
What is MSHA?MSHA is an acronym for Mine Safety and Health Administration which works to provide safety and healthy environment to US miners who are at the workplace by ensuring better safety features to avoid any kind of accidents or injuries.
Enforcement action is referred to as the action of implementation applied to any initiative taken by the department. It ensures that one has 10 days to request for a meeting if you disagree with the proposal. This meeting will be conducted with the district manager who handles the operations.
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In 2015, John and Nicole earned a combined taxable income of $148,800 from employment plus $1,000 in long term capital gains and they file a joint tax return. What is their total federal income tax? Round to the nearest dollar.
Answer:
The answer would be $29,063
Explanation:
Hope this helps :D
when it comes to managing money success is about 80% knowledge and 20% Behavior true or false
Answer:
huh
Explanation:
do you have a picture of the question because I don't get it but I'm trying to help
What are some of the reasons why domestic policies change overtime?
Answer:
They changed as the USA entered the war.
Explanation:
American and domestic foreign policy during World
War 2 were linked in that once America entered the
war it had a significant impact on its economy.
When we say during World War 2 we must remember
that the USA did not enter the war until December
1941 after the attack on Pearl Harbour. Even then
there was no guarantee that they would become
involved in a war in Europe. It was Hitler who
declared war on the USA.
Prior to that American domestic politics
were dominated by the arguments between
interventionism and isolationism. President Roosevelt
had to tread a fine path in providing limited support to
the UK whilst being careful not to turn public opinion even more against involvement in a war thousands of miles away.
Japan's failure to deliver a knockout blow at Pearl Harbour meant that the US economy, on a war footing, was powerful enough to produce military hardware on a scale not seen before which would lead to victory in 1945 and the USA emerging as the most powerful country in the world.
Domestic policies change over time mainly due to changing societal values, economic conditions, and political influences. Society's evolving nature, economic developments, and shifts in political power greatly influence such changes.
Explanation:Domestic policies change over time due to a variety of reasons. The primary ones include changing societal values, economic conditions, and political influences. For instance, societal values evolve over time, which may either necessitate new policies or changes in existing ones to address contemporary issues. Economic conditions may influence policy changes for enhancing economic stability and growth. Changing political influences also play a significant role as different political parties with contrasting priorities and approaches to governance come to power.
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Royce Co. acquired 60% of Park Co. for $420,000 on December 31, 2019 when Park's book value was $560,000. The Royce stock was not actively traded. On the date of acquisition, Park had equipment (with a ten-year life) that was undervalued in the financial records by $140,000.
One year later, the following selected figures were reported by the two companies.Additionally, no dividends have been paid.
Rovce Co. Park Co.
Book Value Book Value Fair Value
Current assets 868,000 420,000 448,000
Equipment 364,000 280,000 400,000
Buildings 574,000 210,000 210,000
Liabilities (546,000) (168,000) (168,000)
Revenues (1,260,000) (560,000)
Expenses 700,000 420,000
Investment income Not Given
1. What is consolidated net income for 2011 atributable to Royce's controlling interest?
2. What is the noncontrolling interest's share of the subsidiary's net income for the year ended December 31 2011 and what is the ending balance of the noncontrolling interest in the subsidiary at December 31, 2011?
Answer:
1. Parent Income = Revenue - Expenses
Parent Income = $1260000 - $700000
Parent Income = $560000
Sub-Income = Revenue - Expenses
Sub-Income = 560000 - 420000
Sub-Income = 140000 * 60% ownership
Sub-Income = $84000
Excess Amortization = (140000 / 10) * (60%)
Excess Amortization = $8400
Consolidated Net Income = $560,000 + $84,000 - $8,400
Consolidated Net Income = $635,600
2. Sub-Income = Revenue - Expenses
Sub-Income = 560000 - 420000
Sub-Income = 140000 * 40% ownership
Sub-Income = $56000
Excess Amortization = (140000 / 10) * (40%)
Excess Amortization = $5600
Non Controlling Interest share = 56000 - 5600
Non Controlling Interest share = $50400
Non Controlling Interest at acquisition date = 700000 * 40%
Non Controlling Interest at acquisition date = $280000
Non Controlling Interest during 2015 = $56000
Excess Amortization = $5600
Balance of Interest = $280,000 + $56,000 - $5,600
Balance of Interest = $330,400
I
The constant growth formula is a good tool to use to value companies in the
industry.
O technology
2000
о
pharmaceutical
utility
I DON'T KNOW YET
The constant growth formula is typically applied more commonly in the utility industry.
The constant growth formula, also known as the Gordon Growth Model, is commonly used to value companies in industries with stable and predictable dividend growth rates. It assumes that the company's dividends or earnings will grow at a constant rate indefinitely. However, it may not be the most suitable tool for valuing companies in every industry.
The constant growth formula can be a useful tool for valuing companies in certain industries like utilities, but it may not be the most appropriate choice for valuing companies in the technology or pharmaceutical sectors.
Utility companies often exhibit stable and predictable cash flows, making them suitable candidates for valuation using the constant growth model.
Therefore, the correct option is utility.
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The price of a gallon of milk falls. Which of the following is a possible cause?
a discovery that milk cause diabetes
a drought that reduces supplies of feed grains fed to cows that produce milk
an increase in the income of the average household, with milk being a normal good
a decrease in the price of oatmeal, a complement to milk
When there is a fall in the price of the gallon of milk, the most possible cause among all the given causes is that “a discovery that milk causes diabetes”. Hence, Option A is correct.
What is the fall in the price?Both terms have the same meaning: it is a period in which the price of a commodity or any product falls in comparison to other products on the market, which can be its substitute or complement, or it can also be a competitive product.
There were reasons why the price of any product fell. Sometimes, the supply of any product in the market is in abundance. In that case, the price of any product will fall.
When it comes to the price fall of a gallon of milk, it is because people who consume milk find that the main reason or one of the reasons for diabetes is milk.
Thus, Option A is correct.
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What is the FOCI Mitigation: Proxy Agreement
A Proxy Agreement is an FOCI mitigation strategy generally employed by the American government in order to restrict foreign ownership, control, or influence (FOCI) over United States organizations that work within sensitive commercial areas.
What happens under Proxy agreementUnder a Proxy Agreement, the US firm will organize one or more American citizens to act as proxies and exert the voting powers which are owned by foreign proprietors. In most situations, these proxies are entirely impartial from both the US organization and the international owners.
This particular Proxy Agreement guarantees that foreign holders cannot pursue a direct influence on the US company's functions or decisions. The US government can also make use of the Proxy Agreement for monitoring the compliance with other FOCI impediment techniques being implemented by the same US business.
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state three essential characteristics of a good leaders
Answer:
The Characteristics & Qualities of a Good Leader
Integrity.
Ability to delegate.
Communication.
Self-awareness.
Gratitude.
Learning agility.
Influence.
Empathy.
Answer:
ghhh función de agosto The Rock Creek and have been for a long time now for the rest in the morning and I will be there and I and my son is in a la medicina y cirugía de las partes involucradas te mando la celula BBDD de las tareas que BBDD PAC gxg de las partes involucradas la
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what are downstream value chains
Downstream value chains refer to the stages of production and distribution that occur after the manufacturing or production of a product. It involves the processes, activities, and entities that are responsible for delivering the final product to the end consumer.
Downstream value chains typically include activities such as marketing, sales, distribution, retailing, and customer service. These stages focus on adding value to the product, ensuring its availability to the target market, and meeting customer demands. It involves activities like packaging, branding, logistics, pricing, and after-sales support.
Efficient management of the downstream value chain is crucial for achieving customer satisfaction, market reach, and profitability. It involves coordinating with intermediaries, managing distribution channels, and implementing effective marketing strategies to promote and deliver the product to consumers.
By optimizing the downstream value chain, organizations can enhance their competitiveness, expand market share, and capture customer loyalty in the final stages of the product's journey from producer to consumer.
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Esquire Company needs to acquire a molding machine to be used in its manufacturing process. Two types of machines that would be appropriate are presently on the market. The company has determined the following (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)Machine A could be purchased for $48,000. It will last 10 years with annual maintenance costs of $1,000 per year. After 10 years the machine can be sold for $5,000.Machine B could be purchased for $40,000. It also will last 10 years and will require maintenance costs of $4,000 in year three, $5,000 in year six, and $6,000 in year eight. After 10 years, the machine will have no salvage value.Required:Assume an interest rate of 8% properly reflects the time value of money in this situation and that maintenance costs are paid at the end of each year. Ignore income tax considerations. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.)Calculate the present value of Machine A & Machine B. Which machine Esquire should purchase?
Answer: Machine B because it has the lower Present Value
Explanation:
Machine A= Present Value of income - Present Value of Costs
Present value of Income;
Sold for $5,000 after 10 years.
= 5,000/ (1 + 8%)^10
= $2,315.97
Present Value of Costs;
Purchased for $48,000.
Maintenance of $1,000 per year for years.
Present value of maintenance= 1,000 * Present value factor of annuity, 10 years, 8%
= 1,000 * 6.7101
= $6,710.10
Machine A Present Value
= 2,315.97 - 6,710.10 - 48,000
= -$52,394
Machine BNo salvage value.
Present Value of costs
Purchased for $40,000.
Present value of maintenance = (4,000 / (1 + 8%)^3) + (5,000 / ( 1 + 8)^6) + (6,000 / ( 1 + 8%)^8)
= -$9,567.79
Present Value = -40,000 - 9,567.79
= -$49,568