JANUARY 28 Reminder of allocations the company has already determined:
• Total contract price = $2,160.
• Amount allocated to sale of dishwasher = $2,000.
• Amount allocated to installation of dishwasher = $100.
Amount allocated to the maintenance contract = $60.
On January 28, the customer pays $1,200 and receives ownership of the dishwasher. According to the terms
of the contract, as of this date:
• $1.100 of the S1,200 received today goes towards the sale of the dishwasher. The remaining $900
owed on the dishwasher is billable as of today.
• $100 of the $1,200 received today is for payment of the installation, in full (which has not occurred
yet)
The amount allocated for the maintenance will only be owed and billable once the dishwasher is
installed (again, this has not occurred yet)
Prepare the appropriate journal entry for January 28 below. Make sure you differentiate between different
forms of earned and uneared revenues, and it is clear which lines are your debits and which are your credits.
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וחווה

Which of the following areas provides residents with close access to high-paying jobs and cultural attractions? a. the suburbs b. exurbs c. rural areas d. the city 2b2t

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)