The capital budgeting decision depends in part on the availability of funds. O relationships among proposed projects. O risk associated with a particular project. All of these answers are correct. Which of the following is not a capital budgeting decision? O Constructing new studios O Replacing old equipment O Remodeling an office building O Scrapping obsolete inventory Save for Later Present value is based on O the dollar amount to be received. O the length of time until the amount is received. O the interest rate. O All of these answers are correct. Save for Later The future value of 1 factor will always be O equal to 1. O less than 1. O greater than 1. O equal to the interest rate. Save for Late If $37000 is put in a savings account paying interest of 5% compounded annually, what amount will be in the account at the end of 8 years? O $52420 O $29878 O $51800 O $54666 If $37000 is put in a savings account paying interest of 5% compounded annually, what amount will be in the account at the end of 8 years? O $52420 $29878 $51800 $54666 If the single amount of $2500 is to be received in 2 years and discounted at 11%, its present value is O $2224. O $2029. O $3160. O $2208. The amount you must deposit now in your savings account, paying 5% interest, in order to accumulate $7500 for a down payment 5 years from now on a new car is O $5869. O $1500. O $5592 0 $5876 Chris Anderson owns a garage and is contemplating purchasing a tire retreading machine for $15,000. After estimating costs and revenues, Chris projects a net cash inflow from the retreading machine of $3,300 annually for 7 years. Chris hopes to earn a return of 7% on such investments. What is the present value of the retreading operation? Should Chris Anderson purchase the retreading machine? (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (Round answer to 2 decimal places, eg. 15.25.) Click here to view the factor table (a) The present value of the retreading operation is (b) Chris Anderson purchase the retreading machine. Attempts: 0 of 1 used Submit Answer Save for Later Sheffield Corp. expects to purchase $200000 of materials in July and $190000 of materials in August. Three-fourths of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. How much will August's cash disbursements for materials purchases be? O $150000 O $142500 O $190000 $192500 Sunland Company estimates its sales at 180000 units in the first quarter and that sales will increase by 17000 units each quarter over the year. They have and desire, a 25% ending inventory of finished goods. Each unit sells for $25.40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at O $5273500 O $3026500. O $4387000 O $6057389 Bramble Corp. makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget for the month. The following budget data are available: Item Variable Cost Per Unit Sold Monthly Fixed Cost Sales commissions $1 $10000 Shipping $3 Advertising $4 Executive salaries $120000 Depreciation on office equipment $4000 Other $2 $6000 Expenses are paid in the month incurred. If the company has budgeted to sell 58000 widgets in October, how much is the total budgeted selling and administrative expenses for October? $580000 $710000 $140000 $720000 e - - 4C Cloudy B. C Advertising $4 Executive salaries $120000 Depreciation on office equipment $4000 Other $2 $6000 Expenses are paid in the month incurred. If the company has budgeted to sell 58000 widgets in October, how much is the total budgeted selling and administrative expenses for October? O $580000 $710000 $140000 $720000 Attempts.of 1 used Submit Ans Sunland Company estimates its sales at 180000 units in the first quarter and that sales will increase by 17000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $25.40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at O $4387000 $5273500 $3026500 $6057389. The production budget shows expected unit sales are 100,000. The required production units are 104,000. What are the beginning and desired ending finished goods units, respectively? Beginning Units Ending Units 10.000 4.000 4,000 10,000 10,000 6.000 6,000 10.000 Attempts: 0 of 1 used Submit Answer Save for late Current Attempt in Progress Sheffield Corp. plans to sell 400 potted plants during April and 340 units in May. Sheffield Corp. keeps 15% of the next month's sales as ending inventory. How many units should Sheffield Corp. produce during April? 409 391 O 400 0 451 The following information is taken from the production budget for the first quarter: Beginning inventory in units 800 Sales budgeted for the quarter 456000 Capacity in units of production facility 502000 How many finished goods units should be produced during the quarter if the company desires 2800 units available to start the next quarter? O 458000 O 454000 0 458800 O 504000