An entrepreneur invests in his dream business of selling golf-carts. The initial investment is $230,064.00. The entrepreneur expects to generate an annual after-tax cash flow of $55,966.00 in running this business. How long before the project will pay back

Answers

Answer 1

Answer:

Folly Beach has long been the epicenter of fun and sun for generations of College of Charleston students.

Taylor Denny (left), Jake Cotreau (center) and Matthew Coda (right).

Taylor Denny (left), Jake Cotreau (center) and Matthew Coda (right).

But for three recent graduates, the quirky little beach town is all about business.

By the time alumni Matthew Coda, Jake Cotreau and Taylor Denny walked across the Cistern stage to receive their diplomas in May 2014 they already knew how and where they planned to begin their careers.

This month the three young entrepreneurs launched Golden Sun Taxi, a fleet of three solar-powered, golf cart taxis that shuttle passengers along the sandy streets of Folly Beach. Aimed primarily at tourists, the business is believed to be the first of its kind in the United States.


Related Questions

How should wildlife species like grouse or deer be valued, and how should that value be balanced against the economic interests of a company like Questar? What, if anything, should Questar be doing differently?

Answers

Answer:

The description is summarized in the clarification section below, according to the particular circumstance.

Explanation:

Mostly with rising economic company's best interest including Questar, maintaining wildlife species including grouse as well as deer protected has become much more important. It is not only just the economic gain but also the ecological advantage that would not affect wildlife animals. Preserving the natural environment seems to be the most fundamental way of evaluating animal habitats. The same as deer, animal species should be covered in their habitat. It may also become extinct by upsetting them. The ecosystem is, thus, an important one that should have been taken note that to value certain native wildlife. But because service providers like Questar, who are rocky mountain oil producers, have quite a several financial advantages by exploration in that field, however, this contributes to mining, etc. in something like a wide coverage of the region which destroyed the habitat.Companies should preserve the balance, such as invading the field which is far less occupied by endangered species, reexhibiting certain organisms to a safer location, or putting the region back into the very same old role.

So quester should do these things completely differently, to protect the ecological balance.

Under the principle of lower of cost and net realizable value, when a company has 10 units of inventory A with net realizable value of $50 and a cost of $60, what is the adjustment

Answers

Answer:

Dr Cost of Goods Sold $100

Cr Inventory $100

Explanation:

Calculation for the Adjustment

Based on the information given we were told that in a situation where a company has 10 units as inventory A which include a net realizable value of the amount of $50 and a cost of the amount of $60 Under the principle of lower of cost as well as net realizable value the adjustment will be:

Dr Cost of Goods Sold $100

Cr Inventory $100

(10 units x $10 price reduction)

Calculation for price reduction

Cost $60

Realizable value $50

Price reduction $10

On its first day of trading, Twitter closed at $41.57 per share. Two years later and the price was $26.85, what was the annual return on the stock if returns are compounded daily?
A. 21.86%.
B. -21.85%.
C. -5.99%.
D. -19.63%.

Answers

Answer:

B. -21.85%.

Explanation:

Calculation for the annual return on the stock

First step is to calculate the Number of periods

Number of periods = 2 * 365 days in a year

Number of periods= 730

Second Step is to calculate the Daily return using this formula

Daily return = (Future value / initial value)^1/n - 1

Let plug in the formula

Daily return = (26.85 / 41.57)^1/730 - 1

Daily return = (0.645898)^1/730 - 1

Daily return = 0.999401 - 1

Daily return = -0.00059861*100

Daily return = -0.059861%

Last step is to calculate annual return

Using this formula

Annual return=Daily return/ Numbers of days in a year

Annual return = -0.059861% * 365

Annual return = -21.85%

Therefore the annual return on the stock if returns are compounded daily will be 21.85%

____ demonstrates that management has identified an acceptable risk level and provided resources to control unacceptable risk levels.

Answers

Answer:

Accreditation

Explanation:

Accreditation is usually known as  voluntary process. It occurs when  a private non-governmental organization or agency carry out an external review and gives recognition to a program of study or institution that meets certain pre-determined standards. Accreditation is usually carry out thoroughly and in an organized manner.

To use an outline for writing a formal business document, what should you do after entering your bottom-line statement? O A. Move the bottom-line statement to the end of the document. OB. Write a topic sentence for every detail. O C. Enter each supporting detail from the outline on a separate line. O D. Enter each major point from the outline on a separate line. ​

Answers

Answer:

enter each major point from the outline on a separate line

Explanation:

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Answer:

D : Enter Each Major Point From The Outline On a Separate Line

Explanation:

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When an investor group or institutional investment firm buys stock in a company in anticipation of the stock going up, with no intention of holding the stock as part of a long-term strategy of investing, and then selling the stock to make a quick profit is known as:__________.
a. Shorting stock
b. Capital asset pricing
c. Simplification
d. Derivative inversion
e. Arbitrage

Answers

Answer:

The correct answer is the option A: Shorting stock.

Explanation:

To begin with, in the world of the investments the term known as "Short Selling" refers to trading strategy that is famously known due to the fact that is totally speculative because the investor who buys the stock does not plan on keeping it for a long period of time but instead he plans to sell right away once that the price has risen up from its original price. Therefore that when an institutional investment firm buys stock in a company in anticipation of the stock going up with no intention of holding the stock and then selling to make a quick profit then the investors are selling in short

PATTYCAKE PATTYCAKE PASTAMAN, GIMME PASTA POWER AS FAST AS U CAN

Answers

Answer:

Roll it, put in the oven for me and you

Explanation:

Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $37,500; net cash used in investing activities was $13,800 and net cash used in financing activities was $17,700. If the beginning cash balance is $6,900, what is the ending cash balance?
a) $75,900.
b) $62,100.
c) $40,500.
d) $6,000.
$12,900.

Answers

Answer:

e. $12,900

Explanation:

Given that:

Net Cash provided by operating activities = $37,500

Net Cash used in investing activities = $13,800

Net Cash used in financing activities = $17,700

Beginning cash balance = $6,900

Stormer company's ending balance would be;

= Beginning cash balance + Net cash provided by operating activities - Net cash used in financing activities - Net cash used in investing activities

= $6,900 + $37,500 - $17,700 - $13,800

= $12,900

Alex withdrew $500,000 from an account that paid 5 percent annual interest and used the funds to purchase real estate. After one year he sold the property for $550,000. Alex's economic profit on this deal was:__________
a) 25,000
b) Not enough information provided.
c) 50,000
d) 500,000
e) 120,000

Answers

Answer:

a) 25,000

Explanation:

The computation of the economic profit is shown below;

Economic profit is

= Revenue - Explicit cost - Implicit cost

= $550,000 - $500,000 - $500,000 × 5%

= $550,000 - $500,000 - $25000

= $25,000

Hence, the economic profit on this deal was $25,000

Therefore the correct option is a.

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

ix company issued 16,000 shares of $10 par value common stock at a market price of $21. as a result of this accounting event, the amount of stockholders equity would

Answers

Answer:

increase by $336,000.

Explanation:

Options are "1. increase by $176,000.  2. increase by $336,000.  3. increase by $160,000.  4. be unaffected."

Common stock will increase by $160,000, the par value, and paid-in capital in excess of par value will increase by $176,000, for a total increase in stockholders' equity of $336,000.

Assuming a 360-day year, when a $49,200, 90-day, 6% interest-bearing note payable matures, the total payment will be ______ .
Round your answer to the nearest whole dollar.
a. $2,952
b. $49,938
c. $52,152
d. $49,200

Answers

Answer:

b. $49,938

Explanation:

The computation of the total payment is shown below:

Total payment is

= Principal + interest amount

where,

The Principal is $49,200

And, the interest is

= $49200 × 6% × 90 days ÷ 360 days  

= $738

Now

Total payment is

= $49,200 + $738

=  $49,938

hence, the correct option is b. $49,938

The same is to be considered

I need help finding a name for my female cat that I get in a week. Any suggestions?

Answers

Answer:

AWWW SO CUTEEE!!! and how about Dolly or Lillith?

Explanation:

Aww, that’s cute my friend has one named Ash (Ashley for long) either way any name is good!

Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are estimated at $3.4 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next 5 years. The discount rate is 15 percent. What is the benefit of the remodeling project to Professional Properties? A) -$651,233 B) -$489,072 C) $5,214 D) $128,399 E) $311,417

Answers

Answer:

A) -$651,233

Explanation:

The computation of the benefit generated of the remodelling project is shown below:

If we considered the discounted rate i.e. 15% for 5 years of $820,000 so its present value would be $2,748,767 ($820,000 × 3.3521)

And, the predicted cost is $3,400,000

So here the cost is there instead of the benefit of

= $2,748,767 - $3,400,000

= -$651,233

Hence, the correct option is A

05. In identifying risks to then manage and control, as the portfolio
manager you are consulting organizational process assets such as:​

Answers

Introduction
“Project risk analysis,” as described by The Project Management Institute (PMI®), “includes the processes concerned with conducting risk management, planning, identification analysis, response, and monitoring and control on a project;./…” (PMI, 2004, p 237) These processes include risk identification and quantification, risk response development and risk response control.

Because these processes interact with each other as well as with processes in other parts of an organization, companies are beginning to measure risk across all of their projects as part of an enterprise portfolio.

Risk management can be as simple as identifying a list of technological, operational and business risks, or as comprehensive as in-depth schedule risk analysis using Monte Carlo simulation. But because risk is a driver in an organization's growth – the greater the risk, the greater the reward – the adoption of a structured enterprisewide project risk analysis program will give managers confidence in their decision-making to foster organizational growth and increase ROI for their stakeholders.

Choosing the right projects

How well an organization examines the risks associated with its initiatives, how well it understands the way that projects planned or underway are impacted by risk, and how well it develops mitigation strategies to protect the organization, can mean the difference between a crisis and an opportunity.

Examples abound of companies that have seen their fortunes rise or drop based on the effectiveness of their risk management – a pharmaceutical company makes headlines when its promising new drug brings unforeseen side effects. Or a large telecom corporation pours millions of dollars into perfecting long distance, while new technologies are presenting more exciting opportunities.

Today that pharmaceutical is distracted by lawsuits and financial payouts, finding itself with a shrinking pipeline of new drugs. The telecom, on the other hand, after using a portfolio risk management software application to rationalize and rank its initiatives, made the decision to shift its research dollars away from perfecting long distance and into developing VOIP -- rejuvenating and reinforcing its leadership position.

Many firms offer substantial rebates by mail or coupons for discounts at the point of sale. The people who use the rebates or coupons have ______ than the people who don't use them.
a. greater price sensitivity.
b. less price sensitivity.
c. inverted price sensitivity.
d. the same price sensitivity.

Answers

Answer:

a. greater price sensitivity.

Explanation:

Price sensitivity can be defined as a measure of the degree to which the selling price of a product affects the purchasing behavior of a customer.

This ultimately implies that, a price sensitive customer is impacted negatively by the price of a product and as such would be stuck between making the decision of whether to buy or not buy the product.

Hence, when customers are paying the bill themselves, they are likely to be more price sensitive because they are solely responsible for the payment. Therefore, it's an innate nature of human to be less sensitive to the price of goods and services when it's another person paying for them or say when sharing the cost.

In this scenario, many firms offer substantial rebates by mail or coupons for discounts at the point of sale. Thus, the people who use the rebates or coupons have greater price sensitivity than the people who don't use them.

Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. *Three pounds of raw material are needed to produce each unit of finished product. If Paradise Corporation plans to sell 545,000 units during next year, the number of units it would have to manufacture during the year would be:________
a) 492,000 units
b) 545,000 units
c) 575,000 units
d) 515,000 units

Answers

Answer: d. 515,000 units

Explanation:

If they plan to sell 545,000 units then given those beginning and ending balances of finished goods, they will have to manufacture;

= Sales + Ending balance - Beginning balance

= 545,000 + 63,000 - 93,000

= 515,000 units

On Sep 18, Mesa returned $800 of the inventory. On Sep 20, Mesa paid Butte for the inventory. What journal entry did Mesa make on Sep 20

Answers

Answer:

Decrease the trade payables by a debit entry with the amount paid after the return is made. Also decrease the assets of cash by creating a credit entry to depict outflow of economic benefits.

Explanation:

Hi, your question is incomplete, i tried looking for the question online but i could not find it.

Here i will explain the journal entries that are usually made when there is a Purchase, Return and Payment of Inventory assuming the view of the customer or trade receivable.

1. Purchase

Here we have to increase the value of inventory by creating a debit entry and also increase the value of trade payable by creating a credit entry.

2. Return

The value of trade payables has to be decreased to the extent of the amount that would have been paid if the inventory was not returned. Also the inventory value has to decrease with the same amount as for the trade payable.

3. Payment

Decrease the trade payables by a debit entry with the amount paid the after return is made. Also decrease the assets of cash by creating a credit entry to depict outflow of economic benefits.

On the 2020 consolidation working paper, eliminating entry (N) recognizes noncontrolling interest in net income of:_________

Answers

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attached file.

Credit cost depreciation [tex]= \$ \ 40,000[/tex]

(Detailed: [tex]\frac{400,000}{10}=40,000[/tex])  

DR Acc. [tex]40,000[/tex]  

CR Dep. Exp.[tex]40,000[/tex] )

On the variable costing income statement, the figure representing the difference between manufacturing margin and contribution margin is the: a.variable cost of goods sold b.fixed manufacturing costs c.variable selling and administrative expenses d.fixed selling and administrative expenses

Answers

Answer:

c. variable selling and administrative expenses

Explanation:

On the variable costing income statement, the figure representing the difference between manufacturing margin and contribution margin is the variable selling and administrative expenses. Variable cost is comprised of cost of goods sold and selling and administrative expense when we deduct cost of goods sold from sales we get manufacturing margin and when we deduct further selling and administrative expense we get contribution margin.

3. Colloids are used in food preparations like in baking
pastries and cakes.yes or no​

Answers

Yes they colloids are used in food perparations like pastries and cakes

A user access agreement typically is __________ than the list of employee expected behaviors within an organization.

Answers

Answer:

Narrower

Explanation:

To make sure that all employees that work in an organization know all their responsibilities, that is ethical and legal. They are required to review and to also accept the terms that has been stated in the user access agreement form.

So for this question, the user access agreement is narrower than the list of employees expected behavior in an organization.

A car's price is currently $20,000 and is expected to rise by 4% a year. If the interest rate is 6%, how much do you need to put aside today to buy the car one year from now

Answers

Answer:

the amount need to put aside is $19,623

Explanation:

The computation of the amount need to put aside is shown below;

= (Current car price × (1 + expected rise percentage)) ÷ (1 + rate of interest)

= ($20,000 × 1.04) ÷ 1.06

= $19,623

hence, the amount need to put aside is $19,623

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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