To have enough money for a $20,000 down payment on a condo in five years, you need to calculate how much you should invest today at an annual interest rate of 6%.
The formula to calculate the present value of a future amount is:
Present Value = Future Value / (1 + Interest Rate)^Number of Years
Plugging in the values from the scenario, we have:
Present Value = $20,000 / (1 + 0.06)^5
Simplifying the equation:
Present Value = $20,000 / (1.06)^5
Calculating the present value:
Present Value = $14,973.76
Therefore, you would need to invest approximately $14,973.76 today, earning a 6% annual interest rate, in order to have enough money for a $20,000 down payment on a condo in five years.
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A firm has a debt-to-equity ratio of 1.0. If it had no debt, its cost of equity would be 12 percent. Its cost of debt is 9 percent. What is its cost of equity if there are no taxes?
Answer:
15%
Explanation:
The computation of the cost of equity in case of no taxes is shown below:
Cost of equity without tax = Cost of equity + (cost of equity - cost of debt) × debt equity ratio
where,
Cost of equity = 12%
Cost fo debt = 9%
And, the debt equity ratio = 1
Now placing these values to the above formula,
So, the cost of equity without considering the tax is
= 0.12 + (0.12 - 0.09) × 1
= 0.12 + 0.03 × 1
= 0.12 + 0.03
= 0.15
= 15%
How to solve problems in group work
Answer: Solve problems as a group by working together and problem solving, as well as listening to all ideas.
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just classify the task between groups and task will be easy to doThe first stage of sales is
O attention
O desire
O conviction
interest
The first stage of sales is D. Interest.
What is the first stage of sales ?The first stage of the sales process is typically referred to as "Interest." This stage is when the potential customer first becomes aware of a product or service and begins to show some interest in it. This could be due to a variety of factors, including marketing campaigns, word-of-mouth recommendations, or their own research and exploration.
During the interest stage, the salesperson's goal is to engage with the potential customer, build rapport, and gather information about their needs and requirements.
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6.hours worked per worker has declined over the last 50 years yet hours per capita have remained roughly constant. how did this happen?
The decline in hours worked per worker over the last 50 years can be attributed to various factors such as automation, technological advancements, and changes in work culture.
As machines have become more efficient and capable, they have replaced some of the manual labor previously performed by workers, leading to a decrease in the number of hours worked per worker. Additionally, changes in work culture and attitudes towards work-life balance have also contributed to the decline in hours worked per worker. However, despite this decline, the hours worked per capita have remained roughly constant due to an increase in the number of workers entering the workforce over the same period.
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Competition and prices act as regulators of production in HELP ASAP
a command economy
a democratic economy
a market economy
a traditional economy
Answer:
A market economy
Explanation:
A market economy is better, since you will have a lot of food to sell, naybe you go higher when its poular around the areas
2. analyzing occupancy rates as you can see from the article in the prior problem, "rents hit all-time highs amid job growth and low vacancy rates," some people move out as a result of rent increases, while others are ready to pay an even higher rent. rent control adds yet another aspect by setting a ceiling on what the rental price can ultimately rise to. the supply and demand model can be used to illustrate the mechanism that leads to all these different market outcomes. consider the market for rental properties in los angeles and orange counties in southern california. suppose that while average earnings increased by about 10% in los ang
The demand for rental apartments and flats would increase, rent would go to an all-time high, and let's assume that average earnings in Los Angeles increased by around 10%.
What is meant by a pricing ceiling?The imposed maximum price a seller is allowed to keep for a good or service is known as a price ceiling. Price ceilings are often imposed to necessities like food and energy supplies when they become unaffordable for average customers. Price ceilings are typically established by law. In short, a price cap is a form of pricing control.
Who stands to gain from a price cap?The product will benefit those who are able to purchase it at the reduced price set by the price ceiling, but suppliers of will be in loss.
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Theresa works as a Risk Management Specialist for an investment corporation. Which best describes her educational pathway?
an associate’s degree, then a bachelor’s degree
a master’s degree, then a vocational school
a vocational school, then an associate’s degree
a bachelor’s degree, then a master’s degree
Answer:
probably way too late for you but if anyone else is still searching for this answer, if it isn't b, it might be D. either way, vocational school in the answer doesn't sound quite right.
Theresa works as a Risk Management Specialist for an investment corporation. the best description for her educational pathway is a bachelor’s degree, then a master’s degree. Option D. This is further explained below.
What is education?Generally, education is simply defined as methodical teaching, particularly in a school or university setting.
In conclusion, Theresa works for an investing firm as a Risk Management Specialist. Her educational journey is best described as a bachelor's degree followed by a master's degree.
The Option D(a bachelor’s degree, then a master’s degree) can be the only path as the right steps are vocational school, bachelor's degree, Masters degree, then Associates degree.
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A company would like to produce 2500 products per week for 30 weeks. The Direct Material Cost for the raw materials used in the product is $1. 50 per product. After producing 250 products, the company must stop production to replace a filter on the machine (the filter is replaced after producing every 250 products). The filter costs $50. 0. What is the Total Cost Per Product?
The company aims to produce 2500 products per week for 30 weeks, and after producing 250 products, it needs to replace the filter, which costs $50. The Total Cost Per Product is 0.20002.
The total cost per product can be calculated by summing the direct material cost per product and the cost of replacing the filter, and then dividing it by the total number of products.
The direct material cost per product is given as $1.50. For 2500 products per week for 30 weeks, the total number of products is 2500 x 30 = 75,000 products.
The cost of replacing the filter occurs every 250 products, so there will be 75,000 / 250 = 300 filter replacements. Each filter replacement costs $50.
To calculate the total cost per product, we add the direct material cost per product ($1.50) and the cost of the filter replacements ($50 x 300) and then divide it by the total number of products (75,000). The formula is:
Total Cost Per Product = (Direct Material Cost + (Cost of Filter Replacement x Number of Replacements)) / Total Number of Products
Total Cost Per Product = 0.20002
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the laissez faire model is inspired by the work of which economic philosopher?
Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.
I hope this helped! :)
The model of laissez-faire was inspired by the work of John Stuart Mill, who was an economic philosopher.
What is a laissez-faire model?Laissez-faire is a free-market economic ideology that opposes government interference. During the 18th century, the French Physiocrats created the laissez-faire philosophy. Laissez-faire proponents believe that when governments intervene in industry and markets, economic prosperity suffers.
John Stuart Mill's work "Principles of Political Economy" influenced the laissez-faire paradigm (1848). According to this concept, the government should not be overly involved in the market and should take a hands-off attitude.
Therefore, it can be concluded that John Stuart Mill work was inspired by the laissez-faire model.
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If the population described by this distribution includes 120,500 houses, how many houses cost at least $100,000
In order to determine the number of houses that cost at least $100,000, we need to use the cumulative frequency distribution function.
Let's suppose that x is the cost of a house and y is the frequency of houses costing at most x dollars.
We have the following cumulative frequency distribution for the given data in the table shown below:
Cost of Houses (x)
Cumulative Frequency (y)
$80,000
$10,000
$90,000
$30,000
$100,000
$80,000
$110,000
$110,000
$120,000
$120,500
Let F(x) be the cumulative frequency of houses that cost at most x dollars.
F(x) = y
For x = $80,000,
F(x) = 10,000
For x = $90,000,
F(x) = 30,000
For x = $100,000,
F(x) = 80,000
Therefore, the number of houses that cost at least $100,000 is 120,500 - 80,000 = 40,500 houses.
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According to the video, what are some qualities Air Traffic Controllers need? Check all that apply.
physical strength
clear speaking
teamwork
alertness
repair skills
a driver’s license
Answer:
B,C,D ON EDGE 2020-2021
Explanation:
Based on the information given, the qualities Air Traffic Controllers need are:
Clear speakingTeamworkAlertnessThe correct options are B, C, and D.
What does an air traffic controller do?They control the flow of aircraft into and out of the airport's airspace, direct pilots during takeoff and landing, and keep an eye on the movement of aircraft in the sky. To communicate with pilots, air traffic controllers employ radio technology.
Clear speaking is necessary because Air Traffic Controllers are responsible for communicating with pilots to provide them with critical information, such as weather conditions, runway changes, and other important details. Any miscommunication or misunderstanding could have severe consequences, so it's essential that Air Traffic Controllers are articulate and can communicate clearly.
Teamwork is also crucial for Air Traffic Controllers because they work closely with other Air Traffic Controllers and other professionals, such as pilots, airport personnel, and maintenance crews. They need to be able to coordinate and collaborate effectively to ensure the safe and efficient flow of air traffic.
Thus, the ideal selections are options B, C, and D.
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Which of the following statements is FALSE?
The overhead volume variance relates solely to fixed costs.
The costs that cause the overhead volume variance are usually controllable costs.
The overhead volume variance indicates whether plant facilities were used efficiently during the period.
The overhead volume variance is favorable if standard hours allowed for output is greater than the standard hours at normal capacity
The statement "The overhead volume variance is favorable if standard hours allowed for output is greater than the standard hours at normal capacity" is FALSE.
The overhead volume variance relates to the difference between the actual number of units produced and the standard number of units expected to be produced based on the standard hours allowed for output. It indicates whether plant facilities were used efficiently during the period. However, it does not determine whether the variance is favorable or unfavorable based on the comparison of standard hours allowed for output and standard hours at normal capacity.
The overhead volume variance is not solely related to fixed costs but can also be influenced by variable costs. It measures the impact of the difference between the actual level of activity and the budgeted level of activity on overhead costs. The costs that cause the overhead volume variance are usually controllable costs, as they depend on the level of activity and management decisions.
In summary, the overhead volume variance is not determined based on this comparison but rather indicates the efficiency of plant facility utilization.
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Exercise 1.1 – Term Structure Construction
For the Treasury curve with the data given below.
a) Estimate the forward rates assuming they are piecewise
constant.
b) Estimate the forward rates assuming they are piecewise
linear. Ending forward rate for interval equals the starting
forward rate for next interval.
Functional form of the forward rates are given below
Can use excel with the solver function for this exercise.
Tenor Price Coupon Cpn Freq
1 100 0.21% 2
2 100 0.23% 2
3 100 0.28% 2
5 100 0.48% 2
7 100 0.71% 2
10 100 0.97% 2
20 100 1.36% 2
30 100 1.45% 2
Years 0-1 1-2 2-3 3-5 5-7 7-10 10-20 20-30
Constant Beg/End FWD1 FWD2 FWD3 FWD4 FWD5 FWD6 FWD7 FWD8
Years 0-1 1-2 2-3 3-5 5-7 7-10 10-20 20-30
Linear Begin FWD1 FWD1 FWD2 FWD3 FWD4 FWD5 FWD6 FWD7
Linear End FWD1 FWD2 FWD3 FWD4 FWD5 FWD6 FWD7 FWD8
a) The forward rates, assuming they are piecewise constant, are as follows:
Years 0-1: FWD1 = 0.21%
Years 1-2: FWD2 = 0.23%
Years 2-3: FWD3 = 0.28%
Years 3-5: FWD4 = 0.48%
Years 5-7: FWD5 = 0.71%
Years 7-10: FWD6 = 0.97%
Years 10-20: FWD7 = 1.36%
Years 20-30: FWD8 = 1.45%
b) The forward rates, assuming they are piecewise linear, are as follows:
Years 0-1: FWD1 = 0.21%
Years 1-2: FWD2 = 0.21%
Years 2-3: FWD3 = 0.23%
Years 3-5: FWD4 = 0.28%
Years 5-7: FWD5 = 0.48%
Years 7-10: FWD6 = 0.71%
Years 10-20: FWD7 = 0.97%
Years 20-30: FWD8 = 1.36%
In this exercise, we are given data for the Treasury curve, including the price, coupon, and frequency for various tenors. The task is to estimate the forward rates using two different approaches: piecewise constant and piecewise linear.
a) Piecewise Constant Forward Rates:
To estimate the forward rates assuming they are piecewise constant, we consider each interval separately and assume that the forward rate within each interval remains constant. The forward rates are calculated based on the given coupon rates and frequencies for each interval. For example, the forward rate for the first interval (Years 0-1) is equal to the coupon rate of 0.21%. Similarly, we calculate the forward rates for the remaining intervals using the corresponding coupon rates.
b) Piecewise Linear Forward Rates:
To estimate the forward rates assuming they are piecewise linear, we assume a linear relationship between the forward rates at the beginning and end of each interval. The forward rate at the beginning of each interval is the same as in the piecewise constant case. However, the forward rates at the end of each interval are determined based on a linear interpolation between the starting and ending forward rates. This means that the forward rate for the next interval starts at the same value as the ending forward rate of the previous interval. For example, the forward rate for the second interval (Years 1-2) is also 0.21%, which is the same as the ending forward rate for the first interval. The subsequent forward rates are calculated using linear interpolation between the starting and ending forward rates of each interval.
For a more detailed understanding of forward rates and term structure construction, you can explore financial literature on fixed-income securities and interest rate modeling. This topic involves mathematical techniques and financial modeling to estimate the future interest rates and yield curves based on the current market data. Understanding forward rates is crucial for various applications in finance, including pricing bonds, valuing derivatives, and managing interest rate risk.
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the value of the euro was $1.30 last week. during last week the euro depreciated by 5 percent. what is the value of the euro today?
the current value of the euro is $1.235. 19 of the 27 member states of the European Union (EU), sometimes known as the Eurozone, use the euro as their official currency.
The value of the euro declined from $1.30 to $1.10 last week if it depreciated by 5%. We can use the following calculation to get the new value of the euro as of right now: Euro's new value is equal to its previous one minus (Rate of depreciation x Old value of the euro)
We obtain the following by substituting the values in the question:
Euro's new value is equal to $1.30 minus ($0.05 x $1.30).
The euro now costs $1.30 less $0.065.
The new euro exchange rate is $1.235.
Hence, the current value of the euro is $1.235.
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Consider the following costs of a typical firm in a purely competitive industry. The firm has no fixed costs (average total cost
In a purely competitive industry with no fixed costs, the firm's costs consist only of variable costs. Variable costs are costs that change with the level of output produced. They include costs such as raw materials, labor, and utilities.
Since there are no fixed costs, the average total cost (ATC) of the firm is solely determined by its variable costs. The ATC is calculated by dividing the total variable cost (TVC) by the quantity of output produced (Q)ATC = TVC / Q
For example, if the firm produces 100 units of output and its total variable cost is $1,000, then the ATC would be
$1,000 / 100 = $10 per unit.
In this case, the firm's costs per unit of output would be solely determined by its variable costs, as there are no fixed costs to consider. This means that the firm's cost structure is more flexible and can easily adjust to changes in output levels.
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Ethan Manufacturing Inc. produces floor mats for automobiles. The owner, Joseph Ethan, has asked you to assist in estimating maintenance costs. Together, you and Joseph determine that the single best cost driver for maintenance costs is machine hours. These data are from the previous fiscal year for maintenance costs and machine hours:
Month Maintenance Costs Machine Hours
1 $ 2,670 1,760 2 2,830 1,840 3 2,980 1,920 4 3,090 1,940 5 3,170 1,970 6 3,140 1,950 7 3,080 1,930 8 2,920 1,910 9 2,690 1,770 10 2,290 1,170 11 2,300 1,370 12 2,520 1,660 Required:
1. What is the cost equation for maintenance costs using the high-low method?
2. Calculate the mean absolute percentage error (MAPE) for the cost equation you developed in requirement 1.
The cost equation for maintenance costs using the high-low method is $1,003 + ($1.10 * Machine Hours). The mean absolute percentage error can be calculated by adding up all the percentage errors and dividing by the number of months.
The cost equation and MAPE can be calculated as follows:
1. To find the cost equation for maintenance costs using the high-low method, follow these steps:
Step 1: Identify the highest and lowest activity levels.
- Highest: 1,970 machine hours with $3,170 maintenance costs
- Lowest: 1,170 machine hours with $2,290 maintenance costs
Step 2: Calculate the variable cost per machine hour (VC).
- VC = (Highest cost - Lowest cost) / (Highest machine hours - Lowest machine hours)
- VC = ($3,170 - $2,290) / (1,970 - 1,170)
- VC = $880 / 800
- VC = $1.10 per machine hour
Step 3: Calculate the total fixed costs (FC).
- FC = Total cost - (VC * Machine hours)
- Using the highest activity level data:
- FC = $3,170 - ($1.10 * 1,970)
- FC = $3,170 - $2,167
- FC = $1,003
Step 4: Write the cost equation.
- Cost Equation = Fixed Costs + (Variable Costs * Machine Hours)
- Cost Equation = $1,003 + ($1.10 * Machine Hours)
2. To calculate the mean absolute percentage error (MAPE) for the cost equation, follow these steps:
Step 1: Calculate the estimated costs using the cost equation for each month.
Step 2: Calculate the absolute errors for each month (Actual cost - Estimated cost).
Step 3: Calculate the percentage errors for each month (Absolute error / Actual cost).
Step 4: Add up all the percentage errors and divide by the number of months to get the mean absolute percentage error.
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Choo Choo Corp produces and sells a single product whose selling price is $100.00 per unit and whose variable expense is $48.00 per unit. The company's monthly fixed expense is $244,400.
Required:
a. Calculate the Break-even Point in sales volume and sales value. Show your work!
b. Assume the company's monthly target profit is $5,200. Determine the unit sales to attain that target profit. Show your work!
c. Assume the company's expected sales for the period are 5,000 units, calculate the margin of safety in sales value. Show your work!
A.the break-even point is 4,700 units or $470,000 in sales value.
b. to attain a target profit of $5,200, the unit sales needed are 4,900 units.
c. the margin of safety in sales value is $30,000.
a. the break-even point in sales volume can be calculated using the formula:
break-even point (in units) = fixed expenses / contribution margin per unit
the contribution margin per unit is calculated as the selling price per unit minus the variable expense per unit.
given:
selling price per unit = $100.00variable expense per unit = $48.00
fixed expenses = $244,400
contribution margin per unit = $100.00 - $48.00 = $52.00
break-even point (in units) = $244,400 / $52.00 = 4,700 units
to calculate the break-even point in sales value, multiply the break-even point in units by the selling price per unit:
break-even point (in sales value) = break-even point (in units) * selling price per unit
break-even point (in sales value) = 4,700 units * $100.00 = $470,000
b. to determine the unit sales needed to attain a target profit of $5,200, we use the formula:
unit sales = (fixed expenses + target profit) / contribution margin per unit
given:fixed expenses = $244,400
target profit = $5,200contribution margin per unit = $52.00
unit sales = ($244,400 + $5,200) / $52.00 = 4,900 units
c. the margin of safety in sales value can be calculated using the formula:
margin of safety (in sales value) = (expected sales - break-even sales) * selling price per unit
given:
expected sales = 5,000 unitsbreak-even point (in units) = 4,700 units
selling price per unit = $100.00
break-even sales (in units) = 4,700 unitsbreak-even sales (in sales value) = 4,700 units * $100.00 = $470,000
margin of safety (in sales value) = (5,000 units - 4,700 units) * $100.00 = $30,000
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В семье Богдановых 4 человека. Папа зарабатывает
в месяц 18 тыс. руб., мама – 13 тыс. руб. Дочь учится в
школе, дедушка ежемесячно получает пенсию в размере
15 тыс. руб. Богдановы живут в квартире, которая стоит
1 млн руб. (налоговая ставка – 0,1%). У них есть ещё одна
квартира, которую семья сдаёт за 12 тыс. руб. в месяц. Каковы ежегодные налоговые выплаты семьи Богдановых?
Answer:
Tiene 4 +3 +453 es lqefiq3rgoawenwf
the amount of national income in an economy equals the money supply in an economy.
The amount of national income in an economy does not necessarily equal the money supply in an economy.
The amount of national income in an economy does not necessarily equal the money supply in an economy.
1. National income is the total income earned by individuals, businesses, and the government within a country during a specific period, usually one year. It includes wages, salaries, profits, rents, and taxes.
2. Money supply, on the other hand, refers to the total amount of money available in an economy at a given time. It includes cash, coins, and other liquid assets such as bank deposits.
3. The two concepts are related but not the same. National income measures the value of goods and services produced in an economy, while money supply measures the amount of money available to facilitate transactions in the economy.
4. An increase in national income might lead to an increase in money supply if the central bank decides to inject more money into the economy to meet the growing demand for goods and services.
However, this is not always the case, as the central bank might decide to maintain a stable money supply to avoid inflation.
5. Similarly, an increase in money supply does not necessarily mean an increase in national income.
If the additional money supply does not result in increased production of goods and services, it may lead to inflation instead of an increase in national income.
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What is application software used for?
A. To help computer users apply their knowledge in new ways
B. To help computer users fill out employment applications
C. To make certain tasks easier for the computer user
O D. To make certain tasks more challenging for the computer user
Answer:
c I'm pretty sure
hope this helped!
Why is a higher interest rate important when saving money?
A higher interest rate is important when saving money because it allows for greater growth of your savings over time.
Interest rates are the percentage of the principal (or original amount of money) that is added to your savings each year. With a higher interest rate, the amount of money you earn in interest will be greater, allowing you to accumulate more savings over time. This is especially important for long-term savings goals, such as retirement or saving for a down payment on a house.
By choosing a savings account or investment option with a higher interest rate, you can maximize the growth of your savings and reach your financial goals more quickly.
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Samtech Manufacturing purchased land and building for $4 million. In addition to the purchase price, Samtech made the following expenditures in connection with the purchase of the land and building: Title insurance $ 34,000 Legal fees for drawing the contract 9,000 Pro-rated property taxes for the period after acquisition 54,000 State transfer fees 5,800 An independent appraisal estimated the fair values of the land and building, if purchased separately, at $3.5 and $1.5 million, respectively. Shortly after acquisition, Samtech spent $100,000 to construct a parking lot and $58,000 for landscaping. Required: 1. Determine the initial valuation of each asset Samtech acquired in these transactions. (Enter your answers in whole dollars.) Land Building Land Improvements Requirement 2. 2. Determine the initial valuation of each asset, assuming that immediately after acquisition, Samtech demolished the building. Demolition costs were $430,000 and the salvaged materials were sold for $6,500. In addition, Samtech spent $97,000 clearing and grading the land in preparation for the construction of a new building. (Enter your answers in whole dollars.) Land Building Land Improvement
Requirement 1:Initial valuation of each asset acquired by Samtech Manufacturing:The initial valuation of each asset acquired by Samtech Manufacturing is given as follows:
AssetsAmountLand$3,534,000 [$3,500,000 + ($34,000 + $9,000 + $54,000 + $5,800)]Building$5,564,000 [$4,000,000 + $1,500,000 + ($34,000 + $9,000 + $54,000 + $5,800)]Land Improvements$158,000 [$100,000 + $58,000]Requirement 2:Initial valuation of each asset acquired by Samtech Manufacturing, assuming that immediately after acquisition, Samtech demolished the building:
The initial valuation of each asset acquired by Samtech Manufacturing, assuming that immediately after acquisition, Samtech demolished the building is given as follows:AssetsAmountLand$3,631,500 [$3,500,000 + ($34,000 + $9,000 + $54,000 + $5,800) + $97,000 - $6,500]Building$0Land Improvements$158,000
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On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.
Complete Question:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720
Journalize the first interest payment and the amortization of the related bond discount using the Straight line method
Answer:
Kindly check Explanation
Explanation:
Given the following :
Face value of bond issued = $1,450,000
Cash received on Issuance = $1,408,720
Number of Interest payment on bond = 5 × 2 = 10(semiannual)
Therefore, discount on bond :
$(1,450,000 - 1,408,720) = $41,280
Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)
Discount / period
$41,280 / 10 = $4,128
Interest expense a/c Dr $40,378
To discount on bond payable a/c Cr $4128
To cash a/c $36,250
The coffee collective's customers enjoy that martha always gets their orders correct and served in a timely manner. this reflects the __________ of the service she provides. multiple choice empathy assurance responsiveness reliability tangibles
Intangibility. The idea that a service lacks a material foundation is conveyed.
Why is intangibility difficult to explain?being incorporeal or immaterial; not palpable; unable to be detected by touch; not tangible. unclear or lacking in certainty: ethereal justifications An asset that only exists in relation to another thing, such as a company's goodwill
In business terminology, what does the term "intangible" mean?An asset without a physical form is considered intangible. It's an asset that will last for a while and gain value over time. Intellectual property, brand awareness and reputation, interpersonal connections, and goodwill are a few examples of intangible assets.
What does a business term for intangible benefits mean?The profits attributable to the renovation project that cannot be measured directly, sometimes known as "soft benefits," are the intangible advantages.
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Customers at the coffee collective appreciate that Martha always fulfills their orders accurately and promptly. this illustrates how intangible the service she offers is.
Why is it challenging to describe intangibility?being immaterial, incorporeal, not tactile, not detectable by touch, or tangible. Ethereal justifications are those that are uncertain or lack assurance. a resource that only makes sense in relation to another object, as the goodwill of a business.
What does "intangible" mean in the context of business?
An asset is deemed intangible if it has no physical form. It is a piece of property that will hold its value throughout time and last for a while. Intangible assets include things like goodwill, intellectual property, brand recognition and reputation, interpersonal relationships, and brand awareness.
What does an acronym for intangible benefits signify in business?
The benefits that can't be readily measured, also referred to as "soft benefits," are the intangible advantages of the restoration project.
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what is the difference between the FBI and the CIA
Answer:
The CIA (Central Intelligence Agency) mostly operates outside the United States to gather intelligence via a network of spies whereas the FBI (Federal Bureau of Investigation) predominantly operates within the U.S. to both gather intelligence as well as tackle federal crimes.
Explanation:
mercury inc. purchased equipment in 2019 at a cost of $340,000. the equipment was expected to produce 440,000 units over the next five years and have a residual value of $32,000. the equipment was sold for $170,900 part way through 2021. actual production in each year was: 2019
1. The book value is greater than the sales price, there is a loss on the sale of $14,191.11. 2. The journal entry is below. 3. The sales price is greater than the book value, there is a gain on the sale of $16,808.89. 4. The journal entry is below.
1. The book value of the equipment at the time of the sale can be calculated as follows:
Total depreciation = ($340,000 - $32,000) / 440,000 units = $0.7273 per unit
Depreciation for 2019 = 63,000 units × $0.7273 per unit = $45,817.99
Depreciation for 2020 = 100,000 units × $0.7273 per unit = $72,727.27
Depreciation for 2021 = 50,000 units × $0.7273 per unit = $36,363.63
Accumulated depreciation at the time of the sale = $45,817.99 + $72,727.27 + $36,363.63 = $154,908.89
Book value at the time of the sale = $340,000 - $154,908.89 = $185,091.11
The gain or loss on the sale can be calculated as follows:
Sales price - Book value = $170,900 - $185,091.11 = -$14,191.11
Since the book value is greater than the sales price, there is a loss on the sale of $14,191.11.
2. Journal entry to record the sale:
Cash | 170,900
Accumulated Depreciation - Equipment | 154,908.89
Equipment | 340,000
Gain on Sale of Equipment | 14,191.11
3. If the equipment was sold for $201,900, the gain or loss on the sale can be calculated as follows:
Sales price - Book value = $201,900 - $185,091.11 = $16,808.89
Since the sales price is greater than the book value, there is a gain on the sale of $16,808.89.
4. Journal entry to record the sale with a sales price of $201,900:
Cash | 201,900
Accumulated Depreciation - Equipment | 154,908.89
Equipment | 340,000
Gain on Sale of Equipment | 16,808.89
The complete question is:
Mercury Inc. purchased equipment in 2019 at a cost of $340,000. The equipment was expected to produce 440,000 units over the next five years and have a residual value of $32,000. The equipment was sold for $170,900 part way through 2021. Actual production in each year was: 2019-63,000 units; 2020=100,000 units; 2021=50,000 units. Mercury uses units-of-production depreciation, and all depreciation has been recorded through the disposal date.
Required:
1. Calculate the gain or loss on the sale. 2. Pronare the journal entry to record the sale. 3. Assuming that the equipment was instead sold for $201,900, calculate the gain or loss on the sale. 4. Prepare the journal entry to record the sale in requirement 3.
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what is stock exchange?
How should you dress for a phone interview? (Site 1)
online content
Answer:
You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you
Explanation:
I hope this helps out a little bit :-)
An interview is a formal process by which an employee is assessed for his/her performance by the employer.
For a phone interview, one should be dressed properly as the interviewer can see you through the camera.
For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.
In the case of a man, one should be properly dressed in suits or formal shirts.
Try to wear dark black or blue coloured clothes and sit in a properly lighted area.
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Need help with this one.
Anton's gross monthly pay is $1,058.00. If his employer withholds 11% for the monthly federal income tax, how much will be deducted from his paycheck?
Group of answer choices
$941.62
$11.00
$116.38
$11.64
Anton's gross monthly pay is $1,058.00. If his employer withholds 11% for the monthly federal income tax, $116.38 will be deducted from his paycheck.
Define tax?A tax is a mandatory payment or charge levied on individuals or businesses by local, state, and national governments to cover the costs of general government services, goods, and activities.It is derived from the Latin taxare, which means 'to assess'. Previously, English used the related word 'task,' which was derived from Old French.For a time, the terms 'task' and 'tax' were interchangeable, with the first requiring labor and the latter requiring money.The term 'tax' then came to mean something tedious or difficult.Governments levy fees on citizens and businesses to generate revenue, which is then used to meet budgetary demands.This includes financing government and public projects as well as improving the country's business environment to promote economic growth.To learn more about tax refer to:
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PLEASE HELP Question 21(Multiple Choice Worth 5 points) (04.09 LC) A paid position with specific duties, tasks, and responsibilities in a particular place of work. O Career Interests O Job O Values Question 22 Multiple Choice Worth 5 points) con. PLEASE HELP
Answer:
Job
Explanation:
A job is any regular and legal activity that one does to earn money. A job is a responsibility, position, or role assigned to a worker/ employee. Each job has a job description which details what duties the employer expects the employees to perform.
A job refers to employment, either full-time or part-time. It is also a piece of work to be performed.