Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $42,000. The estimated useful life was five years and the residual value was $5,000. Assume that the estimated productive life of the machine is 20,000 units. Expected annual production was year 1, 4,500 units; year 2, 5,500 units; year 3, 4,500 units; year 4, 4,500 units; and year 5, 1,000 units.
Required: Complete a depreciation schedule for each of the alternative methods.
a. Straight-line.
b. Units-of-production.
c. Double-declining-balance.
Which method will result in the highest net income in year 2

Answers

Answer 1

Answer:

Depreciation schedule for :

                  Straight-line    Units-of-production    Double-declining-balance

Year 1              $ 7,400                  $8,325                            $16,800

Year 2             $ 7,400                  $10,175                            $10,080

Year 3             $ 7,400                  $8,325                              $6,048

Year 4             $ 7,400                  $8,325                              $3,629

Year 5             $ 7,400                  $1,850                                $2,177

Straight Line Method will result in the highest Net Income. This is because it provides for the lowest charge of depreciation expense

Explanation:

Straight-line

Straight line method charges the same amount of depreciation (fixed  on cost) over the useful life of an asset.

Depreciation Charge = (Cost - Residual Value) ÷ Estimated Useful Life

                                   = ($42,000 - $5,000) ÷ 5

                                   = $ 7,400

Annual Straight line Depreciation Charge

Year 1  = $ 7,400

Year 2 = $ 7,400

Year 3 = $ 7,400

Year 4 = $ 7,400

Year 5 = $ 7,400

Units of Production

Depreciation Charge = (Cost - Residual Value) / Total Expected Production × Period`s Production

Therefore,

Depreciation Charge = Rate of depreciation × Period`s Production

then,

Rate of depreciation = ($42,000 - $5,000) / 20,000 units

                                   = $1.85 per unit of production

Annual Units of Production Deprecation Charge

Year 1  = 4,500 units × $1.85 = $8,325

Year 2 = 5,500 units × $1.85 = $10,175

Year 3 = 4,500 units × $1.85 = $8,325

Year 4 = 4,500 units × $1.85 = $8,325

Year 5 = 1,000 units × $1.85 = $1,850

Double-declining-balance.

Depreciation Expense = 2 × SLDP × BVSLDP

Where,

SLDP = 100 ÷ Number of useful life

         = 100 ÷ 5

         =  20 %

Annual Double-declining-balance Expense

Year 1 = 2 × 20% × $42,000

          = $16,800

Year 2 = 2 × 20% × ($42,000 - $16,800)

           = $10,080

Year 3 = 2 × 20% × ($42,000 - $16,800 - $10,080)

           = $6,048

Year 4 = 2 × 20% × ($42,000 - $16,800 - $10,080 - $6,048)

           = $3,629

Year 5 = 2 × 20% × ($42,000 - $16,800 - $10,080 - $6,048- $3,629)

           = $2,177


Related Questions

Portfolio Returns i. stock has mean of 8% and stdev of 20%; ii bond has mean of 6% and stdev of 15%; iii correlation b/w stock and bond of -0.3; iv. Risk free rate for cash lending and borrowing is at 1%. a. What is the mean and stdev of a portfolio of that is 60% in stock and 40% in bond (3 points)

Answers

Answer:

Portfolio Mean = 7.2%

Portfolio Stdev = 0.1169615 or 11.69615% rounded off to 11.70%

Explanation:

The mean return of a portfolio consisting of two securities can be calculated by multiplying the weight of each security in the portfolio by the mean return of that security and adding the products for each security. The formula for two asset or security portfolio return (mean) can be written as follows,

Portfolio Mean = wA * rA  +  wB  *  rB

Where,

w represents the weight of each securityr represents the mean return of each security

Portfolio Mean = 60% * 8%  +  40% * 6%

Portfolio Mean = 7.2%

The standard deviation is a measure of the total risk. The standard deviation of a portfolio consisting of two securities can be calculated using the attached formula.

Portfolio Stdev = √(0.6)² (0.2)² + (0.4)² (0.15)² + 2(0.6) (0.4) (-0.3) (0.2) (0.15)

Portfolio Stdev = 0.1169615 or 11.69615% rounded off to 11.70%

Portfolio Returns i. stock has mean of 8% and stdev of 20%; ii bond has mean of 6% and stdev of 15%;

Problems that may occur in a business due to lack of bureaucracy

Answers

Answer:

Bureaucracy helps to form a rigid organisation.

Explanation:

Any corporation needs formal as well as informal work groups in the organisation for a corporation to achieve its targets it will need the presence of a bureaucratic approach.

bureaucracy in the organisation is to increase the level of formality,

better communication among the colleagues

as well as increase overall productivity.

What are some of the reasons why domestic policies change overtime?

Answers

Answer:

They changed as the USA entered the war.

Explanation:

American and domestic foreign policy during World

War 2 were linked in that once America entered the

war it had a significant impact on its economy.

When we say during World War 2 we must remember

that the USA did not enter the war until December

1941 after the attack on Pearl Harbour. Even then

there was no guarantee that they would become

involved in a war in Europe. It was Hitler who

declared war on the USA.

Prior to that American domestic politics

were dominated by the arguments between

interventionism and isolationism. President Roosevelt

had to tread a fine path in providing limited support to

the UK whilst being careful not to turn public opinion even more against involvement in a war thousands of miles away.

Japan's failure to deliver a knockout blow at Pearl Harbour meant that the US economy, on a war footing, was powerful enough to produce military hardware on a scale not seen before which would lead to victory in 1945 and the USA emerging as the most powerful country in the world.

Final answer:

Domestic policies change over time mainly due to changing societal values, economic conditions, and political influences. Society's evolving nature, economic developments, and shifts in political power greatly influence such changes.

Explanation:

Domestic policies change over time due to a variety of reasons. The primary ones include changing societal values, economic conditions, and political influences. For instance, societal values evolve over time, which may either necessitate new policies or changes in existing ones to address contemporary issues. Economic conditions may influence policy changes for enhancing economic stability and growth. Changing political influences also play a significant role as different political parties with contrasting priorities and approaches to governance come to power.

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Often, the only maintenance provided by industrial property management is A) upkeep of grounds and exterior of the building. B) cleaning office space. C) cleaning common areas including restrooms and elevators. D) refurbishing the factory floor.

Answers

Answer: A) upkeep of grounds and exterior of the building.

Explanation:

An Industrial Property Manager as the title implies refer to overseeing the use and utilization of an Industrial property such as factories, Manufacturing plants and Research and Development centres.

As a manager of such a property, your job is mostly limited to ensuring that the surroundings look neat because the interior of the building falls under the purview of the tenants and they will carry out some type of maintenance in there to ensure that the building is viable for their type of machines.

NEED HELP PLEASE
1. Explain why celebrity endorsements are risky agreements for companies.
2. Why do you think the FTC creates laws governing celebrity endorsements? To whom do these laws benefit?

Answers

Answer:

The FTC created laws governing celebrity endorsements to protect all parties involved in the endorsement because without them, celebrities could lie about their contracts

Explanation:

Select the correct answer.
Some social workers work in hospitals.
A. True
B. False

Answers

Answer:

A

Explanation:

The correct answer should be A
Hope that helps!!

Cullumber Company issued $445,000, 15-year, 8% bonds at 96. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 enter an account title to record the sale of these bonds on January 1, 2017enter an account title to record the sale of these bonds on January 1, 2017 enter a debit amountenter a debit amount enter a credit amountenter a credit amount enter an account title to record the sale of these bonds on January 1, 2017enter an account title to record the sale of these bonds on January 1, 2017

Answers

Answer:

Dr Cash $427,200

Dr Discount on Bonds payable $17,800

Cr Bondss payable $445,000

Explanation:

Preparation of the journal entry to record the sale of these bonds on January 1, 2022

Dr Cash $427,200

($445,000 × 0.96)

Dr Discount on Bonds payable $17,800

($445,000-$427,200)

Cr Bonds payable $445,000

(Being to record the sale of the bond )

Situation 2
A customer walks into your department and asks if anyone can help her. She complains that she's
been waiting for the salesperson in the shoe department for the last 10 minutes. She says, "Just
when I think he's finally going to help me, he takes another phone call. I'm so upset. I just want to
tell his manager how rude he's been."
Policy: Employees should try to handle all customer complaints. If the customer demands to see a
manager, call the departmental manager immediately.
19
sty

Answers

Answer:

The lady would need to remain patience and make note of the fact that there may be a crowd and not enough employees so it may take a while. Yes the lady has a right to assistance but she should only be given it if she is being respectful of the people around her and nice to the employees.

Not sure what you wanted me to answer but I hope this helps.

Explanation:

is it right to kick someone out just because they are not on the lease and or had been evicted in the past?

Answers

Depends on the situation, look at it from both arguments to come up with a clear answer

Telephone companies offer lower long-distance rates at certain times of the day or week because at those times

A. The supply of telephone lines increases
B. Supply and demand are equal
C. Demand is greater than supply.
D. Supply is greater than demand.

Answers

The answer is d , supply is greater than demand

Darla offers to pay Edward $6,000 for Edward's car, provided that Darla receives that much from her uncle's estate, which is currently being probated. She expects to know for sure how much she will receive within a week or so. If Edward agrees: ________

a. there is no consideration present in this example.
b. Two of these but not all three.
c. there is an illusory contract, because Darla is not certain she will receive the money.
d. the consideration from Darla to Edward is the promise of $6,000 subject to a condition.

Answers

Answer: d. the consideration from Darla to Edward is the promise of $6,000 subject to a condition.

Explanation:

Based on the information given, we should note that if Edward agrees to Darla's offer, the consideration from Darla to Edward is the promise of $6,000 subject to a condition.

This is because Darla offered to pay Edward the $6,000 for his car, as long as she gets that much from her uncle's estate, which is under probation. In the case whereby she doesn't get up to $6000, then she won't be bake to buy the car for $6000.

Delivered monthly statements collected fee income of $36000 T account

Answers

The deliverance of monthly statements and the collection of $36,000 in a T-account entry would be:

Credit Service Revenue account - $36,000Debit Cash Account - $36,000

How to post to T-account?

The company delivered monthly statements and for that, they got a fee income of $36,000. This income that they got would be treated as service revenue.

When you get service revenue, the T-account that this would be posted in is the Service Revenue Account where it would be credited.

The Cash Account will then be debited by the same amount of $36,000 as a corresponding double-entry because cash is an asset which are debited when they increase.

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If the price of output increases, the marginal revenue product curve will shift ________ and the profit maximizing quantity of labor demanded will ________. Group of answer choices up; decrease down; decrease down; increase up; increase

Answers

Answer:

Increase marginal revenue

If the price of output increases, the marginal revenue product curve will shift up and the profit maximizing quantity of labor demanded will decrease. Thus, option (a) is correct.

What is product?

The thing being sold is called a “product.” A product and service market foundation. Items are divided into two categories: industrial products and consumer products. The product is to fulfill the needs of the consumer. There was the based on the commonly are the rules in the government to follow the product management.

When the quantities of other variables utilized fluctuate, the marginal revenue product of labor changes. It will also fluctuate as a result of changes in technology, the price of the product being produced, or the number of enterprises hiring workers. The product curve will trend upward, while the quality will fall.

As a result, the price of output increases, the marginal revenue product curve will shift up and the profit maximizing quantity of labor demanded will decrease.  Therefore, option (a) is correct.

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Revenues
What are the gross sales?
Income Statement
For the Year Ended February 28, 2030
Merchandise Sales
Fitness Training Income
Total Revenues:
Expenses
Salaries
Supplies Expense
Total Expenses:
$6,000.00
2,100.00
1,320.00
550.00
8,100.00
1,870.00

RevenuesWhat are the gross sales?Income StatementFor the Year Ended February 28, 2030Merchandise SalesFitness

Answers

The gross sales are $8,100,000, which is made up of merchandise sales and fitness training revenues.

What are the gross sales?

The gross sales include all the operating revenue generated within a period.

Since the income statement contains the income from fitness training and merchandise sales, the gross sales are the same as the total revenues.

Deducting expenses from the gross sales or total revenues determines the net income or loss.

Data and Calculations:

Gross sales = $8,100,000

Total expenses = $1,870,000

Net income = $6,230,000 ($8,100,000 - $1,870,000)

Thus, the gross sales are $8,100,000.

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Answer: for me the answer was $8,100.00

Explanation:

purchased goods of rs 40000 journal entries​

Answers

The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.

How to enter the journal ?

The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.

Date                Account title                                Debit              Credit

XX -XXXX       Purchases                                Rs. 40, 000

                       Accounts payable                                           Rs. 40, 000

This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.

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Provide the definitions of "independent variable" and "dependent variable." Explain why they are critical to answering hypotheses and research questions.

Answers

Answer:

The independant variable is a variable that is not affected by anything and the dependent variable is something that is not affected by anything in the experiment.

Explanation:

Im not sure what the last part of the question would be.

Knowing what the independent and dependent variables will help you understand what is necessarily needed to be done in your research plus the variables are a part of the hypothesis that you created.

Your grandmother is choosing between investing in two alternative securities. One
investment pays 4% simple interest, and the other pays 3.75% interest, compounded
annually. Both investments are for 10 years and are similar in every other way (i.e.
risk level). She is leaning towards the 4% investment because of the higher interest
rate. In your efforts to help her decide, how would you explain why the 3.75%
investment is the better choice?

Answers

The best way to explain why the 3.75% option is a better choice would be to show a demonstration which explains the concept of compound interest.

Show her an example using an investment of $100 for 10 years.

Investment using simple interest

= Amount x ( 1 + rate x time)

= 100 x ( 1 + 4% x 10)

= $140

Investment using compound interest

= Amount x ( 1 + rate) ^ number of periods

= 100 x ( 1 + 3.75%)¹⁰

= $144.50

The investment using compound interest yields more returns because the interest earned increases every year on account of the interest being reinvested. This is as opposed to simple interest that is the same every year.

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List excel formulas for n 20--, the annual salaries paid each of the officers of Abrew, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer’s pay on (a) November 15 and (b) December 31.

Name and Title Annual Salary OASDI Taxable Earnings OASDI Tax HI Taxable Earnings HI Tax

Hanks,Timothy, President $168,000

Grath, John, VP Finance 144,000

James,Sally, VP Sales 69,600

Kimmel, Joan, VP Mfg. 54,000

Wie, Pam, VP Personnel 51,600

Grant, Mary, VP Secretary 49,200

Answers

To calculate FICA taxes to be withheld from each officer's pay, we need to first calculate their semi-monthly salaries and then their OASDI and HI taxable earnings.

Assuming there are 24 pay periods in a year (12 months * 2 pay periods per month).

The semi-monthly salaries for each officer are as follows:

Hanks, Timothy, President: 168,000 / 24 = $7,000

Grath, John, VP Finance: 144,000 / 24 = $6,000

James, Sally, VP Sales: 69,600 / 24 = $2,900

Kimmel, Joan, VP Mfg.: 54,000 / 24 = $2,250

Wie, Pam, VP Personnel: 51,600 / 24 = $2,150

Grant, Mary, VP Secretary: 49,200 / 24 = $2,050

To calculate OASDI taxable earnings, we need to know the wage base limit for the year. For 20--, the wage base limit is $142,800.

The OASDI taxable earnings for each officer are as follows:

Hanks, Timothy, President: Min($7,000, $142,800) = $7,000

Grath, John, VP Finance: Min($6,000, $142,800) = $6,000

James, Sally, VP Sales: Min($2,900, $142,800) = $2,900

Kimmel, Joan, VP Mfg.: Min($2,250, $142,800) = $2,250

Wie, Pam, VP Personnel: Min($2,150, $142,800) = $2,150

Grant, Mary, VP Secretary: Min($2,050, $142,800) = $2,050

To calculate HI taxable earnings, there is no wage base limit. All earnings are subject to HI tax.

The HI taxable earnings for each officer are as follows:

Hanks, Timothy, President: $7,000

Grath, John, VP Finance: $6,000

James, Sally, VP Sales: $2,900

Kimmel, Joan, VP Mfg.: $2,250

Wie, Pam, VP Personnel: $2,150

Grant, Mary, VP Secretary: $2,050

To calculate the FICA taxes to be withheld from each officer's pay, we need to use the following formulas:

OASDI Tax = OASDI Taxable Earnings * 6.2%

HI Tax = HI Taxable Earnings * 1.45%

Using these formulas, the FICA taxes to be withheld from each officer's pay on November 15 and December 31 are as follows:

Name and Title OASDI Tax (November 15) HI Tax (November 15) OASDI Tax (December 31) HI Tax (December 31)

Hanks, Timothy, President $434.00 $101.50 $434.00 $101.50

Grath, John, VP Finance $372.00 $87.00 $372.00 $87.00

James, Sally, VP Sales   $179.80 $41.95 $179.80 $41.95

Kimmel, Joan, VP Mfg.         $139.50 $32.33 $139.50 $32.33

Wie, Pam, VP Personnel $133.40 $31.03 $133.40 $31.03

Grant, Mary, VP Secretary $127.40 $29.68 $127.40 $29.68

Note that the OASDI tax rate is 6.2% and the HI tax rate is 1.45%, and these rates do not vary with the semi-monthly salaries of the officers.

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Here is a forecast of sales by National Bromide for the first 4 months of 2019 (figures in thousands of dollars): Month: 1 2 3 4 Cash sales 16 25 19 15 Sales on credit 105 125 95 75 On average, 60% of credit sales are paid for in the current month, 20% in the next month, and the remainder in the month after that. What are the expected cash collections in months 3 and 4

Answers

Answer:

National Bromide

The expected cash collections in months 3 and 4 are:

Month 3 = $122 ,000

Month 4 = $104,000

Explanation:

a) Data and Calculations:

(figures in thousands of dollars):

Months                        1             2          3          4

Cash sales                  16           25        19        15

Sales on credit         105          125       95       75

Collections of sales on credit:

60% current month  63            75       57       45

20% next month                       21        25       19

20% two months                                  21       25

Cash sales                16           25         19       15

Total collections      79           121     122     104

b) The credit sales are not collected in full until after two months or 60 days.  After classifying the cash collections on percentage basis, the cash sales for each month are added to ensure that the correct cash collections for the month are obtained.

Your boss gave you a project to complete in 1 week. How would you go about
planning, organizing and delegating with your staff off six (6)? ​

Answers

Answer:

Communicate the task. Describe to your employees exactly what you want done, when you want it done, and the end results you expect. Be clear and unambiguous and encourage your employees to ask questions. ... Empower your employees with the level of authority required to complete the task.

Determine the total expenses based on the following data

assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000

Answers

From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.

To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.

Assets = $72,000

Owner's Equity = $70,000

Liabilities = $16,000

Using the accounting equation, we can calculate the total expenses by rearranging the equation:

Expenses = Assets - Liabilities - Owner's Equity

Expenses = $72,000 - $16,000 - $70,000

Expenses = $-14,000

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[100 points, economics, midpoint question]
Consider two markets: the market for motorcycles and the market for pancakes. The initial equilibrium for both markets is the same, the equilibrium price is $6.50, and the equilibrium quantity is 21.0. When the price is $12.75, the quantity supplied of motorcycles is 63.0and the quantity supplied of pancakes is 101.0. For simplicity of analysis, the demand for both goods is the same.

Using the midpoint formula, calculate the elasticity of supply for pancakes. Please round to two decimal places.

[100 points, economics, midpoint question]Consider two markets: the market for motorcycles and the market

Answers

The elasticity of supply for televisions:  2. less elastic than supply in the market for televisions.

To calculate the elasticity of supply, we use the midpoint formula, which is given by:

Elasticity of Supply = (Percentage change in quantity supplied) / (Percentage change in price)

First, we need to calculate the percentage change in quantity supplied:

Change in quantity supplied = New quantity supplied - Initial quantity supplied

Change in quantity supplied for televisions = 800 - 1,000 = -200

Percentage change in quantity supplied = (Change in quantity supplied / Initial quantity supplied) * 100

Percentage change in quantity supplied for televisions = (-200 / 1,000) * 100 = -20%

Next, we calculate the percentage change in price:

Change in price = New price - Initial price

Change in price = $1,200 - $800 = $400

Percentage change in price = (Change in price / Initial price) * 100

Percentage change in price = ($400 / $800) * 100 = 50%

Now, we can calculate the elasticity of supply for televisions:

Elasticity of Supply = (-20% / 50%) = -0.4

The elasticity of supply for televisions is -0.4, it indicates that the supply of televisions is inelastic. This means that the quantity supplied of televisions is not very responsive to changes in price.

The answer is: 2. less elastic than supply in the market for televisions.

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Complete question:

Consider two markets: the market for smartphones and the market for televisions. The initial equilibrium for both markets is the same, with an equilibrium price of $800 and an equilibrium quantity of 1,000. When the price increases to $1,200, the quantity supplied of smartphones is 1,500, and the quantity supplied of televisions is 800. For simplicity of analysis, assume that the demand for both goods is the same.

Using the midpoint formula, calculate the elasticity of supply for televisions. Please round to two decimal places.

Supply in the market for smartphones is

the same elasticity as supply in the market for televisions.less elastic than supply in the market for televisions.There is not enough information to tell which has a higher elasticity.more elastic than supply in the market for televisions.

Here is an Example of a Master Schedule for producing a gear box. Which schedule is more efficient? Here is an Example of a Master Schedule for producing a gear box. Which schedule is more efficient? Schedule A: Setup cost= 3 orders $90 + Inventory cost of $88 2 Schedule B: Setup cost = 2 orders $45 plus Inventory cost of $74 1 Question at position 3 3 1 point

Answers

From the schedule used, the one that is most cost efficient is B. The cost of production is lower at 164 compared to A which is 446

What is cost efficiency

This is a term that has to do with how much a firm would want to produce a good or a service by reducing the costs that they used to the barest minimum.

In order to do this, the benefits accrued from the output is usually compared to the cost of production.

We have to solve for cost for both

Cost of setup A

= 3 x 90 + 88 x 2

= 446

For cost B

2 x 45 + 74 x 1

= 164

The cost B is the one that is most efficient

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PB10-4 (Algo) Comparing Bonds Issued at Par, Discount, and Premium [LO 10-3]
Marshalls Corporation completed a $540,000, 8 percent bond issue on January 1, 2021. The bonds pay interest each December 31 and mature 10 years from January 1, 2021.



Required:

For each of the three independent cases that follow, provide the amounts to be reported on the January 1, 2021, financial statements immediately after the bonds were issued

Answers

The amounts that would be reported on January 1, 2021, financial statements of Marshalls Corporation after the issuance of the bonds under these three independent cases are as follows:

Financial statements                  Case A             Case B             Case C

                                          (Issued at 100)   (Issued at 96)    (Issued at 104)

a. Bonds Payable                   $540,000         $540,000          $540,000

b. Unamortized Premium      

   (or discount)                      $0                         $21,600              $21,600

c. Carrying Value                 $540,000            $518,400           $561,600

Data and Calculations:

Face value of bonds payable = $540,000

Bond interest = 7%

Bonds issued at par (at 100):

Face value of bonds payable = $540,000

Cash proceeds = $540,000

Unamortized premium (or discount) = $0 ($540,000 - $540,000)

Bonds issued at discount (at 96):

Face value of bonds payable = $540,000

Cash proceeds = $518,400 ($540,000 x 96%)

Unamortized discount = $21,600 ($540,000 - $518,400)

Bonds issued at premium (at 104):

Face value of bonds payable = $540,000

Cash proceeds = $561,600 ($540,000 x 104%)

Unamortized premium = $0 ($561,600 - $540,000)

Question Completion:

Marshalls Corporation completed a $540,000, 7 percent bond issue on January 1, 2021. The bonds pay interest each December 31 and mature 10 years from January 1, 2018.

Required: For each of the three independent cases that follow, provide the following amounts to be reported on January 1, 2018, financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.) January 1, 2018—Financial statements Case A (Issued at 100) $ 650,000 Case B (at 96) 650,000 Case C (at 104) 650,000 $ $ a. Bonds Payable b. Unamortized premium (or discount) c. Carrying Value

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Marley Woods Resort would like to buy some land and build a luxury living center. The anticipated total cost is $20.5 million. The CEO of the firm is quite conservative and will only do this when the company has sufficient funds to pay cash for the entire construction project. Management has decided to save $1.2 million a quarter for this purpose. The firm earns 6.25 percent, compounded quarterly, on the funds it saves. How long does the company have to wait before expanding its operations

Answers

Answer:

3.82 years

Explanation:

FV of annuity = P[(1+r)^n - 1 / r]

Where FV = $20,500,000; P = $1,200,000; r = 6.25%/4 = 1.5625% quarterly

20,500,000 = 1,200,000 * [1+0.015625)^n - 1/0.015625]

20,500,000 / 1,200,000 = [1+0.015625)^n - 1/0.015625]

17.0833 = [(1+0.015625)^n - 1 / 0.015625]

17.0833 * 0.015625 = (1+0.015625)^n - 1

0.266927 = (1+0.015625)^n - 1

1.266927 = (1 + 0.015625)^n

Taking log of both sides of equation

LN(1.266927) = n*LN(1.015625)

n = LN(1.266927)/LN(1.015625)

n = 0.236594/0.015504

n = 15.26 quarters

No of years = 15.26/4

No of years = 3.82 years

Which of the following statement is TRUE?

(1 Point)

Developmental programs improve conceptual skills of managers for the future job.

Training programs improve conceptual skills of nonmanagers for the future job.

Developmental programs improve technical skills of nonmanagers for the current job.

Training programs improve technical skills of mangers for the current job.

Answers

'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.

The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.

Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.

The correct answer is option a.

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Present and future value tables of $1 at 3% are presented below:

N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1
1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000
2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087
3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347
4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861
5 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710
6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971
7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719
8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028
9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969
10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611
11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020
12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262
13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400
14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496
15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607
16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794

You want to invest $20,000 today to accumulate $22,500 to buy a car. If you can invest at an interest rate of 3% compounded annually, how many years will it take to accumulate the required amount?

Answers

Answer:

binder: Liquid substance used in paint and other media to bind particles of pigment together.

fresco: Where pigments are mixed with water and then applied to a plaster support, usually a wall or a ceiling.

gouache: A type of watercolor in which white pigment is added creating a duller effect, and a tinted feel.

oil: Painting medium where pigments are binded using oils, usually linseed oil.

painting media: Material made of three components; pigment,vehicle, and binder

pigment: Ground up solids that contain color the color in paint.

tempera: A water based painting medium made with egg yolk, often used to paint frescos and panels.

vehicle: Adjusts the viscosity of the paint.

watercolor: Pigment that is mixed with arabic and gum, and mostly water before it is applied to the paper.

Painting Media

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Explanation:

According to recent data only 36 present of ubers current employees are women how do you think this situation helped perpetuate a flawed corporate culture

Answers

The low representation of women within Uber's workforce has likely played a significant role in perpetuating a flawed corporate culture. Research has consistently demonstrated the importance of diversity within organizations, particularly in terms of gender, in fostering a more inclusive and equitable work environment. A lack of diversity, as is evidenced by Uber's current demographic makeup, can lead to a homogenous group dynamic, where certain perspectives and experiences are underrepresented or excluded altogether.

This homogeneity can manifest in several ways, including the reinforcement of unconscious biases, the suppression of dissenting opinions, and the perpetuation of a culture that is not inclusive of different perspectives and experiences. Furthermore, research has shown that companies with higher levels of gender diversity tend to have better financial performance and a more positive reputation in the marketplace.

In the specific case of Uber, the lack of women in leadership positions and in other key roles may have contributed to a culture that was dismissive of the concerns of female employees, particularly in regards to sexual harassment and discrimination. Additionally, the absence of female voices in key decision-making positions may have led to a lack of understanding or consideration of the specific needs and perspectives of female customers and drivers.

Overall, the low representation of women within Uber's workforce is a clear indication of a flawed corporate culture, one that is in need of significant reform in order to promote diversity, equity, and inclusion. This includes implementing measures to increase the number of women in leadership positions and in other key roles, as well as creating a more inclusive and equitable work environment for all employees.

Question 5 of 10
Why do business often add fees to their invoices?
O A. To help pay for business expenses
B. To attract new customers
C. To reward customers' for their loyalty
D. To make more profit than their competitors

Answers

Answer: I think it's A

Explanation:

Answer:

Its A!

Explanation:

Just took the quiz

Budgeting for Needs
Select the items that are needs from your bank statement.
ABC BANK
Available Balance
$230.00
V Cell phone plan
$45
V
Rent
$400
Car insurance
$60
Backpack
$10
Electric bill
$60
Car payment
$250
Submit

Answers

In context of budgeting, the needs from the bank statement are:

Cell phone plan $45Rent $400Car insurance $60Electric bill $60Car payment $250

What is the importance of all these needs?

These expenses are considered needs because they are essential for daily living, such as housing (rent), transportation (car payment and insurance), communication (cell phone plan), and basic utilities (electric bill).

The backpack expense may be considered a want rather than a need, as it is not essential for basic living. When budgeting for needs, it's important to prioritize these essential expenses and allocate funds accordingly to ensure financial stability and security.

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