Interested to Buy Any Domain ? << Click Here >> for more details...
ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.30 : A biochemical engineering sales contract adopts Cost Recovery Method in its company accounting. Gross profit is realised only when cash collections exceed the total cost of goods sold. Let Y = Original Cost Recovered, Z = Gross Profit Realised. Its property was sold at A = $500k with cost of B = $300k. Its engineering accountant receives cash of C = $240k in first year, D = $180k in second year and E in third year. (a) Find the values of Y and Z in : (i) first year; (ii) second year; (iii) third year. (b) What is the exact value of E if all cash has been fully received from sales?
- 1 Answers
- 1846 Views
- I also Faced
- E-Mail Answers
Answer Posted / kangchuentat
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.30 : (a)(i) First year : Y = C = $240k, Z = 0 (since C < B). (ii) Second year : Y = B - C = $300k - $240k = $60k, Z = C + D - B = $240k + $180k - $300k = $120k [ since (C + D) > B ]. (iii) Third year : Y = 0, Z = E. (b) E = A - C - D = $500k - $240k - $180k = $80k. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Do you have recombinant protein expression experience? Explain?
How can you control the ph level in our cooling water with respect to ammonia contamination?
What are the some common problems associated with dense phase pneumatic conveying?
Explain how can one quickly estimate the additional pressure drop to be introduced with more tube passes?
How can one quickly estimate the additional pressure drop to be introduced with more tube passes?
Define a solvent?
What type of flow measurement devices is best for slurries?
Name some guidelines for designing for liquid and gas velocities in process plant piping?
For amonia manufacturing process if pressure, temperature would be increase over optimum level what would be happen?And what steps should be taken?
How much maximum power can be generated by 320v, 10kg-cm synchronous motor if shaft is rotated mechanically at 50 to 60 rpm?
Explain how can you separate hydrogen peroxide into hydrogen and oxygen?
What is a good method of minimizing shell side pressure drop in a shell and tube exchanger?
MY generator water cooler inlet line height - 11 mtr inlet water line height - 7 mtr water come into the line from overhead tank, O/H tank height - 20 mtr the first tapping in the inlet line is 2" line which down to 4 mtr level plateform., second tapping in inlet water line goes to a pump 6" line installed at 4 mtr level plateform, pump capacity 200m3/hr, head- 30 mtr, hp-40. the outlet of pump of 6" water line connected to a header of 6 mtr long of 6" line, on this header the six tapping are connected, 4 nos. 3" line goes to 11 mtr height water cooler the pressure of the line is 0.15 to 0.25 kg/cm2, 2" and 4" pipe line connected to a cooler at 4 mtrlevel plateform. my question is, at 11 mtr height level the quantity of water and flow is not sufficient for my cooler, the temp. of cooler is rises much more. you are requested to suggest the modification of pipe line/ pump for take more water flow and pressure (desired pressure is 1 kg/cm2)
Explain the factors involved in designing kettle type reboiler?
what is the hearth and arch pressure in furnace?
