Business

FINANCE-Chasteen, Inc. is considering an investment with an initial cost

QUESTION Chasteen, Inc. is considering an investment with an initial cost of $185,000 that would be depreciated straight-line to a zero book value over the life of the project. The cash inflows generated by the project are estimated at $76,000 for the first two years and $30,000 for the following two years. What is the […]

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Date: September 2nd, 2020

FINANCE-The USB Company sells flash drives.

QUESTION The USB Company sells flash drives.Sales3,270 per yearSelling Price22 eachVariable Costs5.73 eachFixed costs1,908 per monthCalculate USB’s earnings before interest and taxes (EBIT) for the year.Correct Answer:30,307   ANSWER: REQUEST HELP FROM A TUTOR

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Date: September 2nd, 2020

FINANCE-Report on incidents of misuse of funds that might have been avoided

QUESTION Report on incidents of misuse of funds that might have been avoided if proper accounting and auditing practices had been followed. Review the administrative, instructional, and classified personnel salary schedules in your district. What conclusions can you make from your review of these documents? Outline what approaches your local school district and state are […]

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Date: September 2nd, 2020

FINANCE-Assume you have two projects “X” and “Y”.

QUESTION Assume you have two projects “X” and “Y”. Net present value of “X: and “Y” is $10 and $12, if they are independent what project you should choose? Assume you have to choose only one project and no other information is given.1.X2.Y3.Both4.None   ANSWER: REQUEST HELP FROM A TUTOR

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Date: September 2nd, 2020