A company is considering investing $57,000 in a machine that will last for five years, after which time it will have no value. The machine will generate additional revenue of $190,000 each year. Annual running costs, including depreciation of $11,400 will amount to $168,400.

A company is considering investing $57,000 in a machine that will last for five years, after which time it will have no value. The machine will generate additional revenue of $190,000 each year. Annual running costs, including depreciation of $11,400 will amount to $168,400. Assuming that all cash flows occur...

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What is the probability that, on any one day, the sales volume will be at least 1,300 units?

Based upon extensive historical evidence, a company’s daily sales volume is known to be normally distributed with a mean of 1,728 units and a standard deviation of 273 units. What is the probability that, on any one day, the sales volume will be at least 1,300 units?A . 5.82%B ....

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The cost of the cashiers in relation to the number of customers would be classified as which type of cost?

The staffing policy for a supermarket is to have one cashier station open for every forecasted 20 customers per hour. Cashiers are hired by the hour as and when required, and do not perform any other duties. The cost of the cashiers in relation to the number of customers would...

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Which of the following is a valid definition of a cash budget?

Which of the following is a valid definition of a cash budget?A . A detailed budget of estimated cash inflows and outflows incorporating both revenue and capital items.B . A detailed budget of estimated cash inflows only, incorporating receipts from cash sales as well as from credit customers.C . A...

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Which of the following would NOT require taking into account the time value of money?

Which of the following would NOT require taking into account the time value of money?A . Deciding to make a long-term investment in a project on the basis of its payback period.B . Selecting an investment project on the basis that it has a positive net present value (NPV).C ....

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