Answers
Answer:
when boundaries of the property is looking bigger than it should due to the presence of trees or flowers when a fencing attached to the property is not adjacent to the property line or is not in line as it should be when the fencing might be violating some established existing lawsExplanation:
It might advisable to require a survey while purchasing a 20-year-old home in an urban subdivision for the following reason :
when boundaries of the property is looking bigger than it should due to the presence of trees or flowers when a fencing attached to the property is not adjacent to the property line or is not in line as it should be when the fencing might be violating some established existing lawsRelated Questions
4. These are goods that are non-rival and nor excludable in consumption A. public goods B. export goods C.private goods D. consumption goods
Answers
Public goods are goods that are non-rival and non-excludable in consumption. This means that the consumption of the good by one individual does not reduce the availability of the good for consumption by others, and that it is not possible to prevent individuals from consuming the good. The correct answer to the question is A.
Examples of public goods include street lighting, national defense, and public parks. These goods are typically provided by the government because they are considered to be important for the well-being of society as a whole, but it is difficult for private companies to provide them because they cannot charge individuals for their use. The provision of public goods can be challenging because of the free-rider problem. This occurs when individuals are able to benefit from the provision of the public good without contributing to its production or maintenance.
This can lead to under-provision of public goods because there is little incentive for individuals to contribute to their provision. Overall, public goods are an important concept in economics because they represent goods that are not well-suited to provision by the market, and require government intervention to ensure their provision for the benefit of society as a whole. The correct answer to the question is A.
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explain the concept of delegation of authority
Answers
Explanation:
Delegation of authority is a process that enables a person to assign a task to others. As a manager or leader, you're expected to perform several tasks and meet multiple deadlines. To ensure that you achieve your objectives on time, you delegate responsibility to your team members
Answer:
In order to meet the targets, the manager should delegate authority. Delegation of Authority means division of authority and powers downwards to the subordinate. Delegation is about entrusting someone else to do parts of your job. Delegation of authority can be defined as subdivision and sub-allocation of powers to the subordinates in order.
Explanation:
How can parties that have unequal bargaining power negotiate meaningfully, without one party taking advantage of the other?
Answers
Answer:
Negotiation is a technique of Alternative Dispute Resolution (ADR) which retains power to decide the disagreement to the parties included.
Explanation:
Inequality or unequal bargaining power take place when the provisions/terms of a contract are unjust, unreasonable, and unfair. Negotiation between 2 parties with unequal bargaining power can lead to the stronger party being oppressive at the time of negotiation with the other party having weaker bargaining power which results in unfair consequences for the weaker party.
To ensure such unfairness does not take place to the weaker party, the alternate remedy is approaching the law. The law does not consent the noticeably unfair use by the stronger party of its advantage in the bargaining power, and would intervene by modifying or setting aside the contract to reinstate equity in negotiation between the parties.
The list price of an item is $96.60. The supplier is offering a series trade discount of 10/10/19. Find the net cost.
The net cost of the item is $
(Round to the nearest cent as needed.)
Answers
The net cost of the item, after applying the series trade discount, is $63.41.
To calculate the net cost of the item, we need to apply the series trade discount provided. The series trade discount is given as 10/10/19, which means there are three successive discounts applied.
Let's break down the discounts:
The first discount is 10%.The second discount is 10%.The third discount is 19%.To find the net cost, we need to calculate the price after each discount.
Step 1: Apply the first discount of 10%
List price - (10% of list price)
List price - (10/100 * List price)
List price - 0.1 *
List price = 0.9 * List price
Step 2: Apply the second discount of 10%
0.9 * List price - (10% of 0.9 * List price)
0.9 * List price - (10/100 * 0.9 * List price)
0.9 * List price - 0.09 * List price
0.81 * List price
Step 3: Apply the third discount of 19%
0.81 * List price - (19% of 0.81 * List price)
0.81 * List price - (19/100 * 0.81 * List price)
0.81 * List price - 0.1539 * List price
0.6561 * List price
Now, to find the net cost, we multiply the list price by the result of the series of discounts:
Net cost = List price * 0.6561
Given that the list price is $96.60, we can calculate the net cost:
Net cost = $96.60 * 0.6561
Calculating this, we find:
Net cost = $63.41 (rounded to the nearest cent)
Therefore, the net cost of the item, after applying the series trade discount, is $63.41.
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Broussard Skateboard's sales are expected to increase by 25% from $8.6 million in 2019 to $10.75 million in 2020. Its assets totaled $2 million at the end of 2019. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 4%, and the forecasted payout ratio is 45%.
Required:
Use the AFN equation to forecast Broussard's additional funds needed for the coming year.
Answers
Answer:
$236,500
Explanation:
Using the AFN equation to forecast Broussard's additional funds
Sales expected in 2019 2,150,000
( 8,600,000* .25)
After-tax profit margin 430,000
(10,750,000*4%)
Dividend payments 193,500
[$430,000 * 45%]
Addition to retained earnings $236,500
[$430,000 - $193,500]
Therefore forecast Broussard's additional funds needed for the coming year will be $236,500
Match each cash transaction on the statement of cash flows1-Purchase of equipment2-Sale of equipment3-Borrow from a bank4-Purchase inventory5-Paid dividends6-Cash collected from customersa positive cash flow - financing activitya negative cash flow - financing activitya negative cash flow - operating activitya positive cash flow - investing activitya negative cash flow - investing activitya positive cash flow - operating activity
Answers
Cash flow is the movement of plutocrats in and out of business. It measures the flux and exodus of cash over a given period of time and is used to dissect a company's fiscal health and liquidity.
A positive cash flow indicates that a company has enough cash to meet its fiscal scores. In discrepancy, a negative cash inflow suggests that a company may struggle to pay its bills in the near future. There are three cash overflows: operating conditioning, investing conditioning, and backing conditioning.
1- Positive cash flow - Investing activity
2- Negative cash flow - Investing activity
3- Positive cash flow - Financing activity
4- Negative cash flow - Investing activity
5- Negative cash flow - Financing activity
6- Positive cash flow - Operating activity
Cash flow from operating activities refers to the inflow and outflow of cash from a company's core business operations, such as sales and expenses.
Cash flow from investing activities refers to the inflow and outflow of cash from investments, such as the purchase or sale of property, plant, equipment or other companies.
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Which of these is a correct statement regarding the fifo method of accounting for inventory? a) during periods of increasing inventory prices, the cost of goods sold will be higher. b) during periods of increasing inventory prices, lower taxable income will result. c) during periods of declining inventory prices, lower taxable income will result. d) during a period of declining inventory prices, higher taxable income will result.
Answers
The ending inventory under FIFO is determined by the most recent units bought. First In, First Out is referred to as FIFO in this context. This approach of inventory valuation prioritizes sales of the earliest-purchased items.
What does the accounting term "FIFO" mean?First in, first out (FIFO) is an uncomplicated approach of inventory valuation based on the presumption that commodities acquired or created first are sold first. This suggests that, in theory, older inventory gets distributed to customers before new inventory.
Which statement about the FIFO inventory method is accurate?The right response is d. Compared to the LIFO approach, the FIFO method will report a higher inventory balance and a lower cost of products sold in the event of rising prices.
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What is the main reason that people purchase insurance policies?
A. they want to reduce the cost of their student or personal loans.
B. They want to avoid paying for major unexpected expenses.
C. They want to avoid increasing their monthly premiums
D. They want to invest money in insurance to grow it over time
Answers
Option B is correct. The main reason that people purchase insurance policies is because they want to avoid paying for major unexpected expenses.
What is an insurance policies?An insurance policy can be defined a contract between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. The policy is enforced in an exchange for an initial payment known as the premium in which the insurer promises to pay for loss caused by perils covered under the policy language.
Most of the insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Because these insurance policies are standard forms, they often feature boilerplate language which is similar across a wide variety of different types of insurance policies.
Some examples of the popular insurance policies includes a Life Insurance, Health Insurance, Disability Insurance, Homeowner's Insurance, Automobile Insurance, Liability Insurance etc,
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(Principles of management is the class I am taking )
What is a management control system? give a example
Answers
A management control system gathers information used to evaluate the performance of:
HumanPhysicalFinancialOther organizational resources.What is a management control system?A management control system is a management technique that evaluates the achievement of performance goals in terms of:
ProductivityProfitabilityEfficiency.Thus, a management control system gathers information used to evaluate the performance of human, physical, financial, and other organizational resources.
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When we're learning well, we tend to search out the answers to what four key questions?
Answers
Answer:
why, what, how, what if
Explanation:
The four key questions we tend to search out the answers when we're learning well are Why, What, How and What If.
What do you mean by Learning?Learning is a process that leads to change, which occurs as a result of experience and enhances the potential for increased performance and future learning," according to the definition.
An easy technique to set the learning agenda for students is to frame the learning in a lesson or throughout a series of lessons using a "key learning question." It is an alternative to the standard "learning objective," substituting a provocative question for a statement of what students will learn or what they will aspire to acquire. The teaching and learning will then endeavor to address or respond to the question.
As a result, The four key questions we tend to search out the answers when we're learning well are Why, What, How and What If.
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____ means providing opportunities for employees to develop the job-specific skills, experience, and knowledge they need to do their jobs or improve their performance. O Supervising O Directing O Training O Mentoring O Mediating
Answers
Supervision is a means of providing employees with opportunities to develop the job-specific skills, experience and knowledge they need to perform their jobs and improve their performance.
What does it mean to supervise employees?Supervision is a workplace activity in which a manager oversees the activities and responsibilities of employees under his leadership. This is an important job for managers at all levels of the company. Coaching, training and employee development are her one of the common tasks of a supervisor.
There are the 3 types of supervision: Administrative, clinical (also called educational) and supportive supervision.
What type training does an organization offer its employees?There are following types of training that an organization offers its employees: Technical training. Quality training. Skill training. Vocational and legal training. Team training. Manager education. Safe education. On-the-job training methods include job rotation, coaching, job instruction, or step-by-step and panel assignment training.
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Yakov lives in Miami and runs a business that sells guitars. In an average year, he receives $723,000 from selling guitars. Of this sales revenue, he must pay the manufacturer a wholesale cost of $423,000; he also pays wages and utility bills totaling $267,000. He owns his showroom; if he chooses to rent it out, he will receive $2,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Yakov does not operate this guitar business, he can work as a financial advisor, receive an annual salary of $20,000 with no additional monetary costs, and rent out his showroom at the $2,000 per year rate. No other costs are incurred in running this guitar business.
Identify each of Paolo's costs in the following table as either an implicit cost or an explicit cost of selling guitars.
a. The salary Paolo could earn if he worked as a financial advisor
b. The wages and utility bills that Paolo pays
c. The wholesale cost for the guitars that Paolo pays the manufacturer
d. The rental income Paolo could receive if he chose to rent out his showroom
Answers
Answer:
C
Explanation:
The oversight function is one of the least understood function of congress. What is the purpose of this function and why is it important? Give specific examples of area where congressional oversight might be critical in the health, safety and defense of citizens.
Answers
The purpose of the oversight function is in order to review, monitor, and as well as supervise the federal agencies, programs and policy implementation.
The congressional oversight function tends to occur in a wide variety of congressional activities and contexts. These include appropriations, authorization, investigative, and also the legislative hearings by the standing committees.
Congressional oversight is considered to be one of the most important responsibilities of the United States Congress. Thus, the congressional oversight refers to the monitoring, reviewing, and supervising of the federal agencies.
Hence, the oversight function is considered fundamental in order to making sure that laws work.
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List three (3) distinctions between limited liability partnership and conventional partnership using statute and decided cases.
Answers
If you're operating as a limited partnership, the general partner has unlimited liability for company losses and debts, while a limited partner has limited liability protection against company debts and losses. ... In an LLP, all partners have limited liability protection against company obligations and debts.
Principles of Investment
Assignment Active
Monetary Policy and Investments
Juan is always researching different investment options.
A few weeks ago he noticed some nice homes for sale in
his neighborhood. The listed prices were below market
value. Today on the news he heard that the Federal
Reserve lowered interest rates for banks and that banks
have lowered interest rates for home mortgages in turn.
As a result, there has been a huge boom in the number of
people purchasing homes.
What is most likely to happen as a result of the
change in interest rates?
O Housing prices will go up and down due to
changing fiscal policy.
O The market will experience more demand and the
price of houses will go up.
O The price of houses will go down in response to the
decreased demand.
O The prices for homes in that area will be stable due
to the new monetary policy.
4
Answers
As a result of the decrease in interest rates, Option B. The market will experience more demand, and the price of houses will go up.
The demand for houses will go up and housing prices will increase, causing individuals who were on the fence about buying a house to act swiftly before prices rise too much. As a result, housing sales are expected to surge. Lower interest rates, on the other hand, are often linked to increased borrowing and spending in the economy. Because borrowing money is now less expensive, more people are more willing to do so and the money supply in circulation rises.
The decrease in interest rates could cause more individuals to be more willing to purchase a home due to lower interest rates and more affordable mortgage payments. Lowering interest rates for banks and home mortgages, as well as lowering the cost of borrowing, encourages more people to buy houses, resulting in a greater demand for homes and, in turn, driving up the prices of homes.
As a result, option B is correct: the market will experience more demand, and the price of houses will go up. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood. The listed prices were below market value. Today on the news he heard that the Federal Reserve lowered interest rates for banks and that banks have lowered interest rates for home mortgages in turn. As a result, there has been a huge boom in the number of people purchasing homes. What is most likely to happen as a result of the change in interest rates?
A. Housing prices will go up and down due to changing fiscal policy.
B. The market will experience more demand and the price of houses will go up.
C. The price of houses will go down in response to the decreased demand.
D. The prices for homes in that area will be stable due to the new monetary policy.
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As financial controller at a manufacturing company, you have been advised by a colleague that the sales director is unlawfully declaring fuel benefits as the tax value is high. This has been creating higher profit margins and if declared those margins will go down. There is potential that this could push the company into insolvency, which would result in job losses for 300 employees. You have made the other directors aware of the situation but they have expressed a wish not to disclose the misleading tax bill. You are aware that by declaring this information to the tax authorities, as required by law, that the organization may have to declare insolvency and those 300 employees could lose their jobs. What would you do?
Answers
Answer:
so many words i cant understand the of it
As the financial controller facing this ethical and legal dilemma, here's a course of action you could consider below:
What would you do?Seek advice from legal professionals to fully understand the legal implications of not reporting the accurate tax information. This will help you make informed decisions based on the law and potential consequences.
Keep thorough records of your interactions, discussions, and decisions related to this matter. Documentation will be crucial if any legal or ethical issues arise later.
Engage in open and honest discussions with the other directors, emphasizing the potential legal and ethical ramifications of not reporting accurate tax information. Stress the importance of transparency and compliance with the law.
Explore alternative ways to address the issue without causing potential insolvency. This could include discussing options with tax authorities, seeking professional advice on managing tax liabilities, or making changes to the company's financial strategy.
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10. Which of the following best describes a trial balance?
Answers
what are the planning advantages
Answers
Answer: Planning is the process of making or carrying out plans for establishment of goals, policies, and procedures for a social or economic unit. Planning has numerous advantages.
Explanation:
Advantages of Planning:
Planning facilitates management by objectives. Planning begins with determination of objectives. Planning minimizes uncertainties. Business is full of uncertainties.Planning facilitates co-ordination.Planning improves employee’s moral.Planning helps in achieving economies.Planning facilitates controlling.Planning provides competitive edge.Planning encourages innovations.To learn more about planning,
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ADVANTAGES OF PLANNING:
The following are the advantages of Planning:
1. It helps in better utilization of resources.
2. It helps in achieving the objectives.
3. It improves the competitive spirit of the firm
4. Improves effectiveness.
5. It minimizes future uncertainties.
6. It helps in the effective control of business operations.
7. Provides direction and vision.
8. It .monitors the progress.
9. It serves as the basis for controlling.
10. It motivates the employees.
5 Features of Accounting
Answers
Answer:
1. Recording
2. Classifying
3. Summarizing
4. Analyzing
5.Communicating
Explanation:
1. Recording:
The first feature is recording of sales and transactions.
2. Classifying:
Classifying the sales or the transactions is the grouping of data depending on the nature of the data.
3. Summarizing:
Summarizing is an important feature as it summarizes data in groups based on the fields which will help the accessing easier.
4. Analyzing:
Analyzing the data helps in finding the strengths and weaknesses of the sales and transactions.
5. Communicating:
Communication is used to inform the client about the analyzation and intrepretated data.
A firm has an average total cost of $50. If it sells 20 units of its product at $80 each, what is its profit?
Answers
what are 2 different types of budgets and discuss how they complement each other?
Answers
There are two main types of budgets: operational budgets and financial budgets.
Operational budgets are used to plan and monitor the day-to-day operations of a business, and typically cover a period of one year. These budgets include items such as revenue projections, production costs, and operating expenses. Operational budgets are crucial for ensuring that a business stays on track and meets its operational goals. Financial budgets, on the other hand, are focused on the long-term financial health of a business. They include items such as capital expenditures, financing costs, and cash flow projections. Financial budgets are used to help businesses plan for the future and make strategic decisions about investments and growth. These two types of budgets complement each other by providing a comprehensive view of a business's operations and financial health. Operational budgets help to ensure that day-to-day activities are aligned with the overall goals of the business, while financial budgets provide a roadmap for achieving long-term success. By using both types of budgets, businesses can make informed decisions about resource allocation, identify potential risks, and maintain a strong financial position over the long term.
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________ are companies that pool investments from individuals and organizations to purchase a portfolio of stocks, bonds, and other securities.
A. Stock Companies
B. Stock Exchangers
C. Brokers
D. Mutual Funds
Answers
Explanation: A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds. Each share represents an investor’s part ownership in the fund and the income it generates.
:)
Evidence:
Question 1: Topic - Bank Reconciliation
The 2020 June bank statement of Wheeler Ltd has just been received from its bankers. The owner, Ken
Wheeler, has been quietly monitoring internal controls over few months and has sufficient grounds to
believe that cash is being misappropriated in his business. He has approached an accounting consultant,
Tony, to verify his accounting records and confirm his worst fears. Tony is supplied with the
reconciliation statement at the end of last month together with the cash records and the most recent bank
statement of Wheeler Ltd.
Last Month’s Reconciliation statement is presented below:
Bank Reconciliation Statement as at 31 May 2020
($)
Balance as per Bank Statement 30 April 2020 4328.90 Cr
Add: Outstanding Deposit 1224.50
5553.40
Less: Unpresented Cheques 223.70
Balance per Cash at Bank Account at 31 May 2020 $5329.70 Dr
The total of the cash receipts journal for June is $64,776.30 and the total of the cash payments journal is
$63,265.60. The current bank statement shows that cheques presented and paid amount to $59,725.10,
and total deposits amount to $64,780.60. There are also additional debits on the statement for a
dishonored cheque for $210, and account fees for $20.
Additional information:
An examination of the records reveals that all reconciling items at 31 May 2020 appear in the bank
statement for June, unpresented cheques at 30 June total $7154.40, and the 30 June deposit of
$1950.40 has not been credited by the bank. Your check of the cash journals reveals that addition errors
have been made by the clerks responsible. Receipts should total $65,766.30 and payments should total
$63,185.60.
Required:
a) Prepare the Cash at Bank account of Wheeler Ltd showing the final balance at 30 June 2020.
(4 marks)
b) Prepare the bank reconciliation statement of Wheeler Ltd at 30 June 2020. (4 marks)
c) Advice the owner, Ken Wheeler, whether cash is being misappropriated by any amount, assuming
that the records maintained by the bank are accurate. (3 marks)
Answers
Answer:
Wheeler Ltd
Balance per Cash at Bank Account at 31 May 2020 $5,329.70 DR
Total cash receipts for June, 2020 $65,766.30
less Total cash payments for June, 2020 ($63,185.60)
Dishonored check ($210.00)
Bank charges ($20.00)
Adjusted balance per Cash at Bank $7,680.40 DR
Bank Reconciliation Statement at 30 June 2020
Adjusted balance per Cash at Bank $7,680.40
Add Unpresented cheques at 30 June total $7,154.40
Less Uncredited deposits = ($1,950.40)
Balance as per bank statement, 30 June, 2020 $12,884.40
c) Cash was misappropriated by $1,070 with the under-counting of cash receipts ($990) and overstatement of cash payments ($80).
Explanation:
a) Data and Calculations:
Total cash receipts = $64,776.30 $65,766.30 $990 error understated
Total cash payments = $63,265.60 $63,185.60 $80 error overstated
Checks presented and paid by bank = $59,725.10
Checks deposited in June = $64,780.60
Dishonored check $210
Bank charges $20
Additional information:
Unpresented cheques at 30 June total $7,154.40
Uncredited deposits = $1,950.40
Which of the following is NOT a step in the basic selling process?
make a connection
recite product features
personalize service
assess needs
Answers
From the options given recite product features is not a step in the basic selling process
What is the basic selling process about?The series of steps a salesperson takes to find and approach prospects, give a sales presentation, address objections, and close a sale is known as the selling process
Prospecting, planning, approaching, presenting, addressing objections, closing, and following up are often involved in the process .The technique may be applied to the majority of selling scenarios, including non-product selling.
The objective is to persuade the consumer that the product or service can satisfy their demand and to establish long-term customer relationships.
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Derek is a high school student who is currently taking a course in personal
finance. He knows that he should be managing his money from his part-time job
better. He has learned about saving and budgeting, but he continues to spend all
of his money on his car and going out with friends. He knows that someday he'll
have to be more responsible, but right now he thinks he should just enjoy being a
carefree teenager. Why is it important for Derek to manage his money well now
instead of waiting until he's older?
Answers
Answer:
If he starts practicing saving money and budgeting while he is young, it will help him in the future when he is trying to save up for a house or trying to make a budget for how much he wants to spend on his future house. If he spends all of this money as a teenager, he won't have any money saved up for things that he needs.
100 pts
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.
Corn
Diamonds
United States
60
10
Congo
20
5
Which statement is true based on the data table?
The United States should specialize in diamonds and trade for corn.
The United States should specialize in corn and trade for diamonds.
Congo should specialize in corn and trade for diamonds.
Congo should specialize in both corn and in diamonds.
Answers
Answer:
In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.
What is the open-door cost of delivering corn?
The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.
This can be found as:
= Units of jewels/Units of corn
= 10/60 jewels
All in all, choice B is right.
Answer:
B) The United States should specialize in corn and trade for diamonds.
Explanation:
I got it right on the test
On January 1, Sharp Company purchased $50,000 of Sox Company 6% bonds, at a time when the market rate was 5%. The bonds mature on December 31 in five years, and pay interest annually on December 31. Sharp plans to and has the ability to hold the bonds until maturity. Assume that Sharp uses the effective interest method to amortize any premium or discount on investments in bonds. At December 31, the bonds are quoted at 98.
Required:
a. Prepare the entry for the purchase of the debt investment on January 1, 2020.
b. Prepare the entry for the receipt of interest on December 31, 2020.
c. Record the entry to adjust the investment to fair value on December 31, 2020, if applicable
Answers
The journal entries to record the transactions for Sharp Company are as follows:
a) January 1, 2020:
Debit Bonds Receivable $50,000
Debit Bonds Premium $2,165
Credit Cash $52,165
To record the purchase of the debt investment.b) December 31, 2020:
Debit Cash $3,000
Credit Interest Revenue $2,608
Credit Bonds Premium Amortization $392
To record the receipt of interest.c) December 31, 2020:
Debit Fair Value Loss $1,000
Credit Bonds Receivable $1,000
To adjust the investment to fair value.What is a bond's premium?The bonds premium, in this case, refers to the excess cash that Sharp Company paid for the purchase of the bonds when the effective market rate is 5% with a coupon rate of 6%.
The implication is that Sharp Company paid more for the bonds than the market value.
Data and Calculations:Purchase of Sox Bonds = $50,000
PV = $52,165
Premium on bonds = $2,165
Interest rate = 6%
Market rate = 5%
Maturity period = 5 years
Interest payment = annually on December 31
Transaction Analysis:a) January 1, 2020: Bonds Receivable $50,000 Bonds Premium $2,165 Cash $52,165
b) December 31, 2020: Cash $3,000 Interest Revenue $2,608 Bonds Premium Amortization $392
c) December 31, 2020: Fair Value Adjustment $1,000 Bonds Receivable $1,000
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appropriate personal
Answers
Answer:
right or suitable; fitting
Explanation:
tolerance and trust at work place practice
Answers
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
For such more question on net loss:
https://brainly.com/question/28390284
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