Professional fees are assets or liability or revenue

Provide a brief explanation of why depreciation of capital assets is considered in determining potential net income from an investment, but not included in determining the net cash flow of an investment.

The Consumer Price Index (CPI) : A. Is a fixed-expenditure weight-index used to measure changes in purchasing power for households B. Is an example of an index that uses variable expenditure weights

A product sells for $5, and has unit variable costs of $3. This product accounts for $20,000 in annual sales, out of the firm's total of $60,000. When performing multiproduct break-even analysis, what is the weighted contribution of this product?

Karim Corp. requires a minimum $8,000 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid monthly). Any excess cash is used to repay loans at month-end.

Sparrow Products Industries stock is currently selling for $80. It just paid its annual dividend of $2 after reporting an ROE of 15%. The firm pays out 50% of its earnings as dividends.

Fishing designs has arranged to borrow $13,000 today at 10% interest. the loan is to be repaid with end-of-year payments of $3,000 at the end of years 1 through 4. at the end of year 5, the remainder will be paid. what is the year 5 payment?

Time value of money calculations can be solved using a mathematical equation, a financial calculator, or a spreadsheet.

As a firm produces more of a good, the cost of producing each additional unit stays the same. This implies that the marginal cost of producing a good does not change as you make more of that good.

If money going out of the business is greater than the money coming into the business, what happens?

Lewis Company traded machinery with a book value of $950,000 and a fair value of $900,000. It received in exchange from Timmons Company a machine with a fair value of $1,000,000. Lewis also paid cash of $100,000 in the exchange.