The mars climate orbiter crashed on the surface of mars becausea. one program output thrust in terms of foot-pounds, and another

Answer:

Such expenses are variable, as they can fluctuate based on living circumstances.

Answer:

NPV = $246764705.88

Explanation:

The net present value of the stadium is calculated by subtracting the present value of cash outflow from the present value of cash inflow.

DATA

Initial cost = $800,000,000

Revenue from previous equipment sale = $85,000,000

Government funds designated for price reduction = $300,000,000

Discount factor for year 1 at 2% = 0.9804

Projected future cash inflow = $675,000,000

Resolution

NPV = Present value of cash inflows - Present value of cash outflows

NPV = $661,764,705.88 - $415,000,000

NPV = $246,764,706

Calculation Details

PV of Cash inflow = $675,000,000 x 0.9804

PV of cash inflow = $661,764,706

PV of Cash outflow = Initial cost - Revenue from equipment sale - Government funding

PV of cash outflow = $800,000,000 - $85,000,000 - $300,000,000

Answer:

Based solely on the provided information, the answers are:

a. The accounts receivable balance reported on the December 31, Year 1, balance sheet will be $4,000.

b. A net income of $18,000 will be recorded on the Year 1 income statement.

c. A net cash flow of $14,000 from operational activities will be shown on the Year 1 cash flow statement.

d. Retained earnings amounting to $18,000 will appear on the Year 1 balance sheet.

Explanation:

a.

Service revenue recorded on account for Year 1 totaled $18,000

Cash collected from accounts receivable during Year 1 amounted to $14,000

Thus, on December 31, Year 1, the accounts receivable balance stands at $18,000-$14,000 = $4,000

b. Only the $18,000 service revenue earned within Year 1 will be reported on the income statement.

c. The cash transaction recorded for the year sums to $14,000 received from customers, which is reflected in the Year 1 cash flow statement.

d. The retained earnings indicated on the Year 1 balance sheet amount to $18,000