Two alternative means of providing engineering drafting services are under consideration.Handy-Cam$250,000$115/hr$250/hr$15,000R-tistry$200,000$120/hr$250/hr$20,000Purchase PriceOperating CostRevenueMarket value (end of useful life)Useful lifeб yearsб yearsIt is anticipated that the chosen alternative will be used to generate revenue 8 hrs/day, 250 days per year. The company uses a MARR = 12% for allinvestments. At what usage of the drafting services (hours/year) would you be indifferent between the two alternatives? Remember to show your calculations in yoursupporting work.Round your answer to the neares whole hour.

Time Value of Money: It is the concept that amount of money received in the future is worth less…

Answered: At what usage of the drafting services…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Q2) Assumption: 1- Standard time ( 12 ) hour. 2-Actual time ( 12 ) hour. 3-Rate per hour ( 7500 )D. Found total wages to the ( 20)worker by using Rowan method.
Select all that apply Vance Co. allows employees to take a two week vacation each year. To account for the two weeks off each year, Dante will record an adjusting entry to which of the following accounts? Multiple select question. Credit to Salaries and Wages Payable. Credit to Cash. Debit to Cash. Credit to Vacation Benefits Payable. Debit to Vacation Benefits Expense. Debit to Salaries and Wages Expense.
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A roofing company collects payment when jobs are complete. The work for one customer, whose job was bid at $3,900, has been completed as of December 31, but the customer has not yet been billed. Assuming adjustments are only made at year-end, what is the adjusting entry the company would need to make on December 31, the calendar year-end? Multiple Choice Debit Roofing Revenue, $3,900; credit Cash, $3,900. Debit Roofing Revenue, $3,900; credit Accounts Receivable, $3,900. No adjustment is required. Debit Cash, $3,900; credit Roofing Revenue, $3,900. Debit Accounts Receivable, $3,900; credit Roofing Revenue, $3,900.
emaining Time: 1 hour, 16 minutes, 34 seconds. Question Completion Status: QUESTION 1 The requirements for mora creditoris(default of the creditor) include the following O a. creditor fails to accept proper performance b. the debt must be due O C. the debtor fails to perform on time O d. the delay in accepting performance is due to the fault of the creditor or persons for whose actions he is responsible O e. the delay is due to the fault of the debtor or persons for whose actions he is responsible Of. the debtor must tender proper performance g. b. c and e h. a, b, d and f QUESTION 2 A party to a contract who makes it impossible for performance to take place, commits the following form of breach of contract a. Mora creditoris/default of the creditor b. positive malperformance C. rendering performance impossible/prevention of performance
I already got helped with the first three parts. I got advised to repost the question to get the two other parts figured (Income statement and balance sheet). "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for you. To get remaining sub-parts solved, please repost the complete question and mention the sub-parts to be solved." Requirement: 4. Prepare an income statement for the period ended December 31, 2021, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of December 31, 2021 in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 13-15). Income Statement: Choose the appropriate accounts to be reported on the income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Balance Sheet: The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is…
Simple for most..confusing to me
please dear expert need answer with calculation, explanation , formulation with steps for better understanding answer in text not image
% AGING OF A/R (part 1) nents Use the AR Aging Table below to answer the questions related to adjusting ADA on the % Aging ts Method: Aging of AR report ( I left off the customer detail to make it easier) Current 30+ days 60+ days 90+ days 120+ days Total TOTALS $30,000 $15,000 $8,000 $5,000 $2,000 $60,000 % Uncollectable 2% 4% 6% 15% 25% Using the table above and your calculations. Answer the following questions about BDE. Consider the situations as separate from each other. if the UNADJUSTED balance of ADA is a $ A) Bad Debt Expense would be $ 2,000 CREDIT balance. if the UNADJUSTED balance of ADA is a B) Bad Debt Expense would be $ $1,000 DEBIT balance
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a) Setup cost = b) Setup time = (round your response to two decimal places). minutes (round your response to two decimal places).
what is liability and explain whether the free month offer results in a liability for the business.

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At what usage of the drafting services (hours/year) would you be indifferent between the two alternatives? Remember to show your calculations in your supporting work. Round your answer to the neares whole hour.