Database Systems is considering expansion into a new product line. Assets to support expansion will cost $740,000. It is estimated that Database can generate $1,910,000 in annual sales, with a 4 percent profit margin. What would net income and return on assets (investment) be for the year?
Q: Detailed information ℹ️
A: Step 1:The total direct materials purchases of materials A and B (assuming no beginning or ending…
Q: ! Required information Use the following information for the Quick Study below. (Algo) [The…
A: Step 1: Calculate the budgeted standard costMaterials Cost:• Each bat requires 2.00 pounds of wood.•…
Q: Do not use Ai.
A: DateAccountDebit (R)Credit (R)1 January 2022Raw Materials Inventory200,000 Packaging Materials…
Q: mn.3 answer must be correct or i will give down vote
A: The cost of goods sold (COGS) is calculated as 80% of sales. Given that the sales for December are…
Q: Give me answer
A: Sales 1,080,000.00 Cost of goods sold (527,000.00)Gross profit 553,000.00 Selling…
Q: Please solve this question
A: If you have any problem let me know in comment box.
Q: Please answer this questions I need help on this questions from your accounting expect.…
A: The explanation is written in the answer.
Q: What methods are not used by IT auditors to obtain evidence of ITGCs in companies they audit?…
A: ITGC stands for Information Technology General Controls. These are controls that apply to all system…
Q: At the beginning of the year (January 1), Wild Horses Drilling has $12,000 of common stock…
A: Step 1:Beginning balance for common stock is $12000Retained earnings at the beginning of the year is…
Q: I want to answer this question
A: Step 1: Calculate the Earnings per Share (EPS)EPS is calculated as:EPS = Net Income / Number of…
Q: A business is looking to determine how much of its product it can sell in the marketplace. It has…
A: Calculate the contribution margin per unitCalculate the breakeven point in unitsCalculate the…
Q: WRT, a calendar year S corporation, has 100 shares of outstanding stock. At the beginning of the…
A: INTRODUCTION Shareholder income refers to the portion of a company's profit that is allocated to…
Q: Need help with this question
A: Step 1: Introduction to the Lower of Cost or Market of InventoryThe lower of cost or market (or LCM)…
Q: Please solve this problem and give answer
A: Since absorption costing includes fixed manufacturing overhead in the cost of goods sold, whereas…
Q: Can you please give answer?
A:
Q: Kevin Smith, financial officer of Benson Inc., showed the following unadjusted account balances at…
A: Step 1:Computation of the net income: *Net income = total revenues less total expenses = $40,800 -…
Q: A truck costing $12,000, which has Accumulated Depreciation of $9,000, was sold for $2,000 cash. The…
A: The book value of an asset is calculated by subtracting the accumulated depreciation from the…
Q: Need answer
A: To determine the Golden Gate Company's gross margin for the year, we need to calculate the cost of…
Q: A) Why do we use ratios to compare companies? B) What are the main financial statements? C) What…
A: Ratios are used to compare companies because they provide a standard measure that can be used to…
Q: 10. The premium on a $75,000 fire insurance policy from January 1, 2010 to January 1, 2013 is $900.…
A: Reference: Bory. (2021, May 11). How to record prepaid insurance | Example | - Accountinginside.…
Q: activity for a specific inventory item for the month of March was as follows:# of Per UnitTotalUnits…
A:
Q: What is a good response to Hi everyone, Hedge funds are considered a limited partnership and is made…
A: Your clear approach helps to make these difficult ideas more accessible. Once again, I appreciate…
Q: Need help with this question
A: Customer A Customer A paid his/her obligation within the discount period. Since he/she does not have…
Q: Hi expart give answer
A: Step 1: Step 2: Step 3: Step 4:
Q: Please answer this questions I need help from your accounting expert. Help me. Please answer this…
A: Part A1. Calculate Mr. Anderson's Total Income:Annual Salary: $250,000.00Consultancy Services:**…
Q: not use ai please
A: To prepare the Contribution Margin Income Statement for the break-even sales volume, we'll need to…
Q: Need help
A: Interest expense = Principal amount x Interest Rate x PeriodInterest expense = 200,000 x 12% x…
Q: IF AN EMPLOYEE PRODUCED 120 UNITS IN NINE HOURS ON A PARTICULAR DAY,WHAT IS THE EMPLOYEE'S PAY FOR…
A: To calculate the employee's pay for the day, we need the following information:Hourly wage (how much…
Q: Need help with this question
A: Step 1: Step 2: Step 3: Step 4:
Q: Please give true answer otherwise I don't give rating
A: Step 1: Cash flow from assets = cash flow to creditors + cash flows to stockholders= $55,000 +…
Q: Need answer don't use ai
A: Step 1: Introduction to the Manufacturing CostsManufacturing costs include all the costs that might…
Q: Grand Amusements, Inc. (GAI) has two operating divisions, Parks and Foods. The two divisions have a…
A: In this problem, Grand Amusements, Inc. (GAI) operates two distinct divisions—Parks and Foods—that…
Q: Need correct answer
A: Step 1: Introduction to the Mixed CostsCompanies use methods like high-low, regression, and scatter…
Q: Summarize these points into small points: (S)The Menternship involves the analysis of the cash…
A: S). The Menternship aims to evaluate the company's cash flow to determine its financial health and…
Q: not use ai please
A: Step 1:Financial Ratio Analysis of Bochum Traders 1. Inventory Turnover Rate2022: Inventory…
Q: None
A: Approach to Solving the QuestionThe task involves using Excel to calculate the delivery costs for a…
Q: During the month of November, Duffee Company had cash receipts of $3,500 and paid out $1,000 for…
A: Step 1: Define Cash Budget :A cash budget is used to track and manage cash inflows and outflows for…
Q: Considering what you have learned in this module, describe the basic flow of the various operating…
A: Overview of the Basic Flow of Operating Budgets within a Master Budget for a Manufacturing FirmThe…
Q: need lcorrect answers
A: Explanation: Direct Labor Budget - The direct labor budget has direct labor hours and direct labor…
Q: Need answer
A: Step 1: Introduction to the Average Collection PeriodThe average collection period is the time taken…
Q: Oliver's Place is a nonprofit entity that cares for dogs until they are adopted. It uses fund…
A: Journal entries are important in ensuring accuracy in financial reporting. They are meant to ensure…
Q: Your answer is partially correct Compute the amount of accumulated depreciation on each machine at…
A: Description:1. The image shows a table with information about accumulated depreciation on three…
Q: Provide correct answer
A: Hello student! The Work-in-Process account represents units that are partially completed during the…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: Necessity for timely information- This reason reflects the need for up-to-date information to make…
Q: None
A: Step 1: Introduction to the Compensating BalanceCompensating balance refers to the least amount that…
Q: Ans
A: Given:Net Income = $390Beginning Stockholders' Equity = $2,580Ending Stockholders' Equity =…
Q: Music Teachers, Incorporated, is an educational association for music teachers that has 20,300…
A: Step 3: Prepare the Segmented Income StatementSegmentMembershipMagazine SubscriptionsBooks &…
Q: Give me answer don't use ai
A: The calculation of the gain or loss realized by Jenkins Corporation on the sale of the equipment…
Q: Give me correct answer
A: Given, First paym nt = $100Growth rate = 3%Required return = 8% Fair value of investment = Required…
Q: How to calculate the issue price of the bonds with normal calculator?
A: Referencehttps://www.investopedia.com/terms/b/bond-valuation.asp
Need help
Step by step
Solved in 2 steps with 1 images
- Mason, Inc., is considering the purchase of a patent that has a cost of $85000 and an estimated revenue producing lite of 4 years. Mason has a required rate of return that is 12% and a cost of capital of 11%. The patent is expected to generate the following amounts of annual income and cash flows: A. What is the NPV of the investment? B. What happens if the required rate of return increases?Falkland, Inc., is considering the purchase of a patent that has a cost of $50,000 and an estimated revenue producing life of 4 years. Falkland has a cost of capital of 8%. The patent is expected to generate the following amounts of annual income and cash flows: A. What is the NPV of the investment? B. What happens if the required rate of return increases?Caduceus Company is considering the purchase of a new piece of factory equipment that will cost $565,000 and will generate $135,000 per year for 5 years. Calculate the IRR for this piece of equipment. For further instructions on internal rate of return In Excel, see Appendix C.
- Please give me answermukaDatabase Systems is considering expansion into a new product line. Assets to support expansion will cost $890,000. It is estimated that Database can generate $1,860,000 in annual sales, with an 13 percent profit margin. What would net income and return on assets (investment) be for the year? (Input your return on assets answer as a percent rounded to 2 decimal places.) Net Income Return on assets 96
- Suppose Francine Dunkleberg's Sweets is considering investing in warehouse management software that costs $450,000, has $35,000 residual value, and should lead to cost savings of $130,000 per year for its five-year life. In calculating the ROR, which of the following figures should be used as the equation's denominator (average amount invested in the asset)? a) $485,000 b) $242,500 c) $207500 d)$225000Suppose Canadian Tire is considering investing in warehouse-management software that costs $500,000, has $50,000 residual value, and should lead to cost savings of $120,000 per year for its five-year life. In calculating the ARR, which of the following figures should be used as the equation's denominator?Innovation Company is thinking about marketing a new software product. Upfront costs to market and develop the product are $4.94 million. The product is expected to generate profits of $1.07 million per year for 10 years. The company will have to provide product support expected to cost $99,000 per year in perpetuity. Assume all profits and expenses occur at the end of the year. What is the NPV of this investment if the cost of capital is 5.8%? Should the firm undertake the project? Repeat the analysis for discount rates of 1.7% and 14.1%, respectively. What is the IRR of this investment opportunity? What does the IRR rule indicate about this investment?
- Innovation Company is thinking about marketing a new software product. Upfront costs to market and develop the product are $5 million. The product is expected to generate profits of $1 million per year for 10 years. The company will have to provide product support expected to cost $100,000 per year in perpetuity. Assume all profits and expenses occur at the end of the year. (1) What is the NPV of this investment if the cost of capital is 6%? Should the firm undertake the project? Repeat the analysis for discount rates of 2% and 12%.(2) How many IRRs does this investment opportunity have? (3) Can the IRR rule be used to evaluate this investment? Explain.A new garbage truck can be purchased for $64,000. Its expected useful life is six years at which time its market value will be zero. Annual receipts is expected to be $20,000 with expenses of $2,000 per year over the six-year study period. The company's MARR is 18%. a. What is the ROI? b. Determine if this is a good investment using Net Present Worth(NPW) method. c. What is its Net Annual Worth? d. Using IRR method, is this investment acceptable?A new garbage truck can be purchased for $64,000. Its expected useful life is six years at which time its market value will be zero. Annual receipts is expected to be $20,000 with expenses of $2,000 per year over the six-year study period. The company's MARR is 18%. a. What is the ROI? b. Determine if this is a good investment using Net Present Worth(NPW) method. What is its Net Annual Worth? с. d. Using IRR method, is this investment acceptable?