Cameroon Corp. manufactures and sells electric staplers for $15.10 each. If 10,0
ID: 2485925 • Letter: C
Question
Cameroon Corp. manufactures and sells electric staplers for $15.10 each. If 10,000 units were sold in December, and management forecasts 3% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:
$169,952
$155,530
$165,002
$160,196
$151,000
A company is considering the purchase of new equipment for $48,000. The projected annual net cash flows are $20,100. The machine has a useful life of 3 years and no salvage value. Management of the company requires a 11% return on investment. The present value of an annuity of 1 for various periods follows:
$16,000
$3,100
$1,118
$19,100
$46,675
If budgeted beginning inventory is $8,950, budgeted ending inventory is $10,180, and budgeted cost of goods sold is $10,910, budgeted purchases should be:
$9,680
$730
$12,140
$1,960
$1,230
Cameroon Corp. manufactures and sells electric staplers for $15.10 each. If 10,000 units were sold in December, and management forecasts 3% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:
$169,952
$155,530
$165,002
$160,196
$151,000
A company is considering the purchase of new equipment for $48,000. The projected annual net cash flows are $20,100. The machine has a useful life of 3 years and no salvage value. Management of the company requires a 11% return on investment. The present value of an annuity of 1 for various periods follows:
Periods Present value of an annuity of 1 at 11% 1 0.9009 2 1.7125 3 2.4437
What is the net present value of this machine assuming all cash flows occur at year-end?
$16,000
$3,100
$1,118
$19,100
$46,675
If budgeted beginning inventory is $8,950, budgeted ending inventory is $10,180, and budgeted cost of goods sold is $10,910, budgeted purchases should be:
Explanation / Answer
Cameroon Corp. manufactures and sells electric staplers for $15.10 each. If 10,000 units were sold in December, and management forecasts 3% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:
answer is
$160,196
january month sale = 10000*103/100 = 10300
febuary month sale = 10300*103/100= 10609
10609*15.10 = 160196
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