Sundance Systems has the following transactions during July. July 5 Purchases 56 LCD televisions on account from Red River Supplies for $3,300 each, terms 3/10, n/30. July 8 Returns to Red River two televisions that had defective sound. July 13 Pays the full amount due to Red River. July 28 Sells remaining 54 televisions from July 5 for $3,800 each on account.

Required:
Record the transactions of Sundance Systems, assuming the company uses a perpetual inventory system.

Answers

Answer 1

Answer:

July 5

LCD televisions $184,800 (debit)

Trade Payable :  Red River Supplies $184,800 (credit)

July 8

Trade Payable :  Red River Supplies $6,600 (debit)

LCD televisions $6,600 (credit)

July 13

J1

Trade Payable :  Red River Supplies $5,346 (debit)

Discount Received $5,346 (credit)

J2

Trade Payable :  Red River Supplies $172,854 (debit)

Cash $172,854 (credit)

July 28

J1

Cost of Goods Sold $172,854 (debit)

LCD televisions $172,854 (credit)

J2

Trade Receivable $205,200 (debit)

Revenue $205,200 (credit)

Explanation:

July 5

Recognize Televisions Inventory and Recognize a Liability Account Payable

July 8

De-recognize the Liability and the Inventories to the extend to the amount of televisions returned to supplier

July 13

J1

Recognize the discount received from Supplier for prompt settlement of account within the credit terms of 3/10, n/30. (Account was settled within 10 days)

J2

De-recognize the liability on settlement of the Account

July 28

J1

Recognize cost of goods sold on the sale since the entity uses perpetual inventory method.

J2

Recognize an Asset - Trade Receivable and Revenue from Sale of the Televisions.


Related Questions

Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.


Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31

Answers

The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

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3. Why do you think people have so many problems making choices?

Answers

Answer: Most of the time it can be due to lack of sincerity and they don’t really know if that choice Will affect them in a way they might not like. It doesn’t always necessarily mean they have many problems making choices, but it can be that they have too much to risk to they take their time in picking a choice. It’s better to let the person have time so that way they don’t feel rushed, because at the end of the day the choice they choose will affect them in either a good way or in a bad way.

a bank has $200 million in demand deposits and $150 million in reserves. the reserve ratio is 20 percent. what is the maximum amount of loans the bank can make from its reserves?

Answers

Answer:

assume that rent following br 300 that as been realized but not collected for the month of December has not Ben recorded received adjusting entry on December 31

In the face of rising natural gas prices, many of
Murano, Italy's world-famous glass artists are shutting
down their furnaces. Artisans on the small island have
been making glass for centuries, but some are
beginning to question how much longer they can
continue the tradition. Having switched from wood-
burning furnaces to natural gas in the 1950's, the
glassmakers have seen natural gas prices increase by
400 percent recently. The government has attempted
to help businesses by subsidizing natural gas, but even
with the subsidy the costs are still too high for many.
With fuel costs representing up to half of producers'
monthly costs, some have shut down their furnaces,
which are typically only shut off once per year for
maintenance. If possible, manufacturers would prefer
to leave the furnaces burning, because shutting down
and restarting the furnaces can cost as much as
$100,000 to get them back up to the proper
temperature.
With natural gas prices continuing to rise, producers
have considered alternative fuel sources. However,
none of the alternatives seem feasible. Environmental
regulations prevent returning to traditional wood-fired
furnaces. Switching to alternative gases would require huge infrastructure cost to replace pipes and electric furnaces, cannot maintain stable, temperature high enough to produce the glass, unless the glass makers found a solution. Marano’s centuries old tradition might be a thing of the past.

1. Describe what types of fixed variable and marginal costs Marano’s glassmakers face in the short run.

2. And a supply and demand model describe which curve would shift which way in the forecast of what equilibrium price would do

Answers

The fixed  costs of the premises, equipment, and furnaces that are required to make glass. In addition, they must pay variable cost for things like the price of natural gas and materials.

What are a few illustrations of both fixed and variable costs?

For a given time frame, fixed costs are constant. Depending on the company's output, variable costs may go up or down. Rental fees, taxes, and insurance are some instances of fixed costs. Direct labour, commission, and credit card fees are a few examples of variable costs. Fixed costs are defined as expenses that remain constant regardless of whether a company produces more or less things. The term "variable cost" refers to a sort of cost that will fluctuate in response to changes in production levels. Fixed costs are expenses that remain constant regardless of whether sales or number of products rise or fall.

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Consider a firm redesigning its logistics network. What are the advantages of having a small number of centrally located warehouses? What are the advantages of having a larger number of warehouses closer to the end customers?

Answers

Small centrally located warehouses offer cost efficiency and simplified inventory management, while larger warehouses closer to customers provide faster delivery, better customer service, and cost savings in shipping.

Having a small number of centrally located warehouses offers several advantages in a firm's logistics network:

Cost Efficiency: Centralized warehouses can lead to cost savings in terms of inventory management, transportation, and operational overheads. With fewer warehouses, the firm can benefit from economies of scale in procurement, storage, and distribution.

Simplified Inventory Management: Managing inventory becomes more streamlined when there are fewer warehouses. It allows for better control and visibility over stock levels, reducing the risk of stockouts or overstocking.

Faster Transit Times: With centrally located warehouses, products can be shipped more quickly to various regions since they are closer to major transportation hubs. This reduces lead times and improves overall customer satisfaction.

Improved Coordination: Centralized warehouses facilitate better coordination and synchronization of supply chain activities. It becomes easier to manage inbound and outbound logistics, optimize transportation routes, and consolidate shipments.

On the other hand, having a larger number of warehouses closer to end customers provides the following advantages:

Faster Delivery: Proximity to end customers enables faster order fulfillment and delivery. Products can reach customers more quickly, reducing transit times and improving responsiveness.

Enhanced Customer Service: Local warehouses allow for better customization and personalization of service. They can cater to specific regional preferences, offer faster response times to customer queries, and handle returns or exchanges more efficiently.

Lower Shipping Costs: By locating warehouses closer to customers, transportation costs can be reduced as products travel shorter distances. This can lead to cost savings in shipping expenses.

Flexibility and Redundancy: Having multiple warehouses distributed geographically provides redundancy and flexibility in the supply chain. It mitigates the risk of disruptions, such as natural disasters or transportation issues, as the firm can rely on alternative warehouse locations.

In summary, a small number of centrally located warehouses offer cost efficiency and streamlined inventory management, while a larger number of warehouses closer to end customers provide faster delivery, improved customer service, lower shipping costs, and increased flexibility.

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Which of the following areas of sports law most related to antitrust?

A. Contracts
B. Monopoly
C. Fan Safety
D. Memorabilia

Which area of sports management is least affected by the law?

A. League regulations
B. Game Outcomes
C. Antitrust
D. Contracts

Which of the following areas of sports law most related to antitrust?A. ContractsB. MonopolyC. Fan SafetyD.

Answers

Memorabilia areas of sports law most related to antitrust. League regulations area of sports management is least affected by the law.

There isn't any particular legislation. The Contracts Act mostly regulates sports law. According to Gaurang Kanth, the phrase "sports law" is used to refer to a broad range of legal concerns pertaining to different sports, including amateur and professional sports played on a national and worldwide level. Introduction. As long as people have existed as purposeful, athletic, and active beings, sports have existed. According to Gaurang Kanth, the phrase "sports law" is used to refer to a broad range of legal concerns pertaining to different sports.

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Which are the four functions motor freight terminals usually serve?

Answers

Answer:

The main function of a terminal is to handle and transship freight or passengers since modes are physically separated. They have a nominal capacity which is related to the amount of land they occupy and their level of technological, labor and managerial intensity.

Explanation:

Modes are physically separated, a terminal's primary purpose is to handle and transship freight or passengers. They have a nominal capacity that depends on how much land they occupy and how intensely they employ technology, labor, and management.

What is terminals?

Having facilities for handling passengers and freight at either end of a carrier line. A freight or passenger station that is strategically located or acts as a junction with other lines at any point.

Since modes are physically separated, the main purpose of a terminal is to handle and transship freight or passengers.

Thus, Modes are physically separated, a terminal's primary purpose is to handle

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if the supply of a product decreases we would expect

Answers

Answer:

The supply wouldn't sell as good because they don't have the product

Explanation:

(blank) is an individual's total earnings throughout a given period before any deductions are made.

A.)Net Pay
B.)Income
C.)Paycheck
D.)Gross Pay

Answers

Answer:

Gross pay is an individual's total earnings throughout a given period before any deductions are made

Explanation:

D. is yo answer

Treating the amounts of each material available as constraints, formulate a goal programming model to determine the optimal product mix. Assume that both P1 priority level goals are equally important to management. (Let x1 be the number of tons of fuel additive produced, x2 be the number of tons of solvent base produced, dpi be the deviation variable which exceeds the value of goal i, and dni be the deviation variable which is less than the value of goal i, for i = 1, 2.)

Answers

The goal programming model seeks to maximize the sum of the deviations from the two priority level goals.

What is goal programming model seeks?

Goal programming is a type of mathematical optimization technique that is used to optimize a set of goals or objectives. It is especially useful in situations where multiple objectives are present, as it allows a decision maker to optimize the objectives while taking into account the interactions between them.

Goal Programming Model:

Maximize z = 0.5(dP1 + dP2)

Subject to:

x1 + x2 ≤ 100 (amount of material available)

x1 ≥ 10 (amount of fuel additive required)

x2 ≥ 10 (amount of solvent base required)

dP1 ≥ (x1 + 2x2) - 160 (priority level 1 goal; profit)

dP2 ≥ (x1-x2) - 20 (priority level 2 goal; quality)

dN1 ≤ 160 - (x1 + 2x2)

dN2 ≤ 20 - (x1-x2)

x1, x2, dP1, dP2, dN1, dN2 ≥ 0

The goal programming model seeks to maximize the sum of the deviations from the two priority level goals, while satisfying the constraints of the amount of material available.

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3. How did followers in this case act in ways that contribute to the power of destructive leaders and their goals? What was the debilitating impact their actions had on the organizations?

Answers

The followers in the Penn State Sexual Abuse Scandal acted in ways that contributed to the power of the destructive leader and his goals.

How did followers contributed to power of the destructive leader?

Jerry Sandusky was convicted of sexually abusing multiple young boys over a period of several years which has erupted following Sandusky's arrest revealed a pattern of behavior in which followers including university officials and members of the football program.

This rruption enabled Sandusky's abusive behavior by ignoring or covering up reports of misconduct. In some cases, individuals who spoke out against Sandusky's behavior were ostracized or punished for challenging the status quo. This pattern of behavior allowed Sandusky to continue his abuse unchecked and contributed to the power he held over those around him.

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(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?

Answers

Willie's guest count percentage variance is 9.82%.

How to calculate guest count percentage

To calculate the guest count percentage variance

Use the following formula:

Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%

Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%

Guest count percentage variance = (7,477 / 76,079) x 100%

Guest count percentage variance = 0.0982 x 100%

Guest count percentage variance = 9.82%

Therefore, Willie's guest count percentage variance is 9.82%.

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Laramie, Inc., has an operating environment with considerable uncertainty. The company prepares the budget for several different volume levels.
Laramie had the following budgeted data:
Budgeted variable costs per unit: Direct materials $ 7.00
Direct labor 10.00
Supplies 1.00
Indirect labor 0.50
Power 0.05
Budgeted fixed overhead for 2018: Supervision $4,000
Depreciation 3,000
Rent 2,000
What is the difference in total budgeted costs between the volume range of 4,000 and 5,000 units?

Answers

$2000 is the difference in total budgeted costs between the volume range of 4,000 and 5,000 units.

What are budgeted costs?

Budgeted costs are anticipated future costs that the company anticipates racking up in the future. In other words, based on anticipated revenues and sales, it is an estimated expense that management thinks will be incurred in a future period. A cost budget is a financial plan that details the anticipated expenses associated with operating a firm, tackling a project, or creating a product. Cost budgets are created for project-related expenses that are large. The cost budget can be created for any time frame, whether it be a quarter, semester, or year. In business, the process of creating a budget involves estimating a company's future revenues and outlays (the money used to pay for expenses and bills).

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the standard time required per unit of a product is 20 minutes. in a day of 8 working hours a worker gives an output of 30 units. if he gets a time rate of ` 20 per hour his total earning under halsey bonus scheme is

Answers

The bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.

The Halsey bonus scheme is a productivity-based incentive system that provides workers with a bonus based on the time saved in completing their assigned tasks. Under the Halsey bonus scheme, the worker receives a percentage of the time saved as a bonus.

In this scenario, the standard time required per unit of a product is 20 minutes, which is equivalent to 1/3 of an hour (20/60). The worker is able to produce 30 units in a day of 8 working hours, which means the total time taken for production is 30 units * 1/3 hour per unit = 10 hours.

Since the worker works for 8 hours in a day, the time saved is 10 hours - 8 hours = 2 hours. According to the Halsey bonus scheme, the worker is entitled to a percentage of the time saved as a bonus. The Halsey system typically allocates 30% of the time saved as a bonus.

Therefore, the bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.

In summary, under the Halsey bonus scheme, the worker's total earning would include the regular wages for 8 hours of work, which is 8 * $20 = $160, along with the bonus earned, which is $12. Hence, the worker's total earning under the Halsey bonus scheme would be $160 + $12 = $172.

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Read the following paragraphs about four films and then identify the purpose of each paragraph.

Answers

According to the paragraph, (1) The paragraph of the conclusion made to evaluate. (2) To Summarize. (3) To Synthesize. (4) To Analyze.

What is the main purpose of each paragraph?

Your paragraphs help to clarify, establish, and support your thesis statement or argument while also directing the reader through the document.

An successful paragraph should always have the following four components: unity, coherence, a topic sentence, and adequate development. One main topic or point should be covered in each paragraph.

Therefore, After reading the following paragraphs about four films and then identifying the purpose of each paragraph the conclusion made is:

To Evaluate.To Summarize.To Synthesize.To Analyze.

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The complete question is attached:

Read the following paragraphs about four films and then identify the purpose of each paragraph.

As an investor, what is the risk involved when investing in companies on the stock
exchange?
a. Investors can lose their existing shares if the value of the stock does not
increase within 90 days of purchase
b. Once they purchase a share, investors cannot sell them at a higher price
The price of stocks can decrease; for example, when the company
receives bad press
d. Investors are only at risk if the purchase a share when the stock price has
fallen
C.

Answers

Answer:d

Explanation:

The investor are only at risk if the purchase of a share when the stoc price has fallen

DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?

Answers

Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.

What are the Functions of Preliminary Data Gathering?

Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.

This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.

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Score: 0/450
Question Value:
In 2018, the U.S. balance of payment numbers showed that income received was $1,060.4 billion and
income payments were $816.1. What was the net result?
an outflow of $816.1 billion
a net inflow of $244.3 billion
a net outflow of $244.3 billion
an inflow of $1,060.4 billion

Answers

The net result of the U.S. balance of payment numbers in 2018 was a net inflow of $244.3 billion.

In 2018, the U.S. balance of payment numbers indicated that income received was $1,060.4 billion, while income payments amounted to $816.1 billion.

To determine the net result, we need to subtract the income payments from the income received.

Net Result = Income Received - Income Payments

Substituting the given values into the equation, we have:

Net Result = $1,060.4 billion - $816.1 billion

Calculating the difference, we find:

Net Result = $244.3 billion

This signifies a net inflow of funds, indicating that the United States received more income from abroad than it paid out. It is important to note that a positive net result implies a surplus in the current account, which includes trade in goods and services, income receipts, and unilateral transfers.

This surplus indicates a favorable position for the U.S. economy in terms of its international financial transactions during that period.

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Consider the following model

i) C = 1650 + mpc (Y - tY)
ii) I = 800
iii) G = 500
iv) X - M = 500 - mpi (Y)

where: t = the (flat) tax rate

mpc = the marginal propensity to consume
mpi = the marginal propensity to import

Suppose mpc = 0.60, t = 0.15, mpi = 0.2 Given the information above, solve for the equilibrium output:_________

a. Y* = 3450
b. Y* = 5000
c. Y* = 5500
d. Y* = 1650

Answers

Answer:

The correct option is b. Y* = 5000.

Explanation:

Y = C + I + G + (X - M) ................ (1)

Substituting the defined equations into equation (1), we have:

Y = 1650 + mpc (Y - tY) + 800 + 500 + 500 - mpi (Y) ............. (2)

Since we are given:

mpc = 0.60

t = 0.15

mpi = 0.2

We also substitute them into equation (2) and solve for Y* as follows:

Y = 1650 + (0.60 (Y - 0.15Y)) + 800 + 500 + 500 - 0.2Y

Y = 1650 + 0.60Y - 0.09Y + 800 + 500 + 500 - 0.2Y

Y - 0.60Y + 0.09Y + 0.2Y= 1650 + 800 + 500 + 500

Y(1 - 0.60 + 0.09 + 0.2) = 3,450

Y0.69 = 3,450

Y* = 3,450 / 0.69

Y* = 5,000

Therefore, the correct option is b. Y* = 5000.

Why do you think
Relationship skills are
important when you own a
business?

Answers

relationship skills are important when you own a business because you know how to communicate.

Prompt: In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.

PLEASE ANSWER ASAP. I am writing my essay about Rihanna. If anyone could help me, I would appreciate it. Due in 1 week.

Answers

A free enterprise system was necessary because it allows people to do what they do best while trading for the rest, of free enterprise, works. Competition is a driving force behind the free enterprise, resulting in increased efficiency and lower consumer prices.

What is the advantage of free enterprises?

The benefits of the US Free Enterprise System to producers and consumers include the freedom to own private property, producers producing at their own profit, consumers and producers having control over themselves, increased efficiency, and adequate use of available resources.

A free enterprise system allows individuals to make their own economic decisions without being constrained by the government. It enables consumer supply and demand to determine the success or failure of an economic venture.

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Calculate the price rises from $17 a dozen to $23 a dozen, the elasticity of supply is

Answers

Increase is $6 per dozen

[Total = 25marks]
QUESTION 2
a. Azon and Son Ltd acquired use of plant over three years by way of a lease. Installments of
GhC700,000, are paid six monthly in arrears on 30 June and 31 December. Delivery of the plant
was on 1 January 2010 so the first payments of GhC700,00 was on 30 June 2010. The present
value of minimum lease payments is GhC3,000,000, Interest implicit in the above is 10% per six
months. The plant would normally be expected to last three. Azon and Son is required to insure
the plant and cannot return it to the lessor without severe penalties.
Required
i. Describe whether the above lease should be classified as an operating or finance
1

Answers

A significant portion of the asset's economic life—three years—is covered by the lease period. The minimum lease payment present value is GhC3,000,000, which is essentially the entire leased asset's fair market value.

The equivalent of monthly rent, a lease payment is formally stipulated in a contract between two parties and gives one party the right to use the other party's real estate holdings, manufacturing equipment, computers, software, or other fixed assets for a predetermined period of time.

A lease payment will be shown as a right-of-use asset and lease liability on the balance sheet. The ROU asset is the ownership of the asset under the lease contract, whereas the lease liability period is the payment obligation during the course of the lease contract.

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Calculate the Net Revenue per Patient using the following information:
Total number of patients: 16,245
Total Expenses: $568.758
Fixed Expenses: $389,600
Total annual revenue: $1,090,800

Answers

The total Net Revenue per Patient is $32.14

Total Patient Expenses

= Total Expenses - minus Fixed Expenses

= $568,758 - $389,600

= $179,158

Total Annual Revenue = Total Receipts

= $1,090,800

Gross Revenue per Patient

= Total Annual Revenue  divided by Total number of Patients

= $ 1,090,800 / 16,245

= $67.15

Total Cost per Patient

= Total Expenses  divided by Total number of Patients

= $568, 758 / 16,245

= $35.01

Net Revenue per Patient

= Gross Revenue per Patient minus Total Cost per Patient

= 67.15 - 35.01

= $32.14

Hence, the total Net Revenue per Patient is $32.14

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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

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what is a down payment of 20 percent on a purchase price of $215,000​

Answers

Answer:

$43,000

Explanation:

Mark​ Goldsmith's broker has shown him two bonds issued by different companies. Each has a maturity of 4 ​years, a par value of ​$1000​, and a yield to maturity of 8.70. The first bond is issued by Crabbe Waste Disposal and has a coupon interest rate of ​%6.315 paid annually. The second ​ bond, issued by Malfoy​ Enterprises, has a coupon interest rate of 8.90 ​% paid annually.
a. Calculate the selling price for each of the bonds.

Answers

1. Selling Price of Bond 1 issued by Crabbe Waste Disposal = $1031.08

2. Selling Price of Bond 2 issued by Malfoy Enterprises = $1269.50

How can we calculate the selling price (SP) for each bond?

Bond 1: Issued by Crabbe Waste Disposal

Coupon Interest Rate (CIR) = 6.315%

Yield to Maturity (YTM) = 8.70%

Maturity (n) = 4 years

Par Value (PV) = $1000

To calculate the selling price of Bond 1, we can use the following formula:

SP = (CIR/100) * PV + [(PV - (CIR/100) * PV) / (1 + YTM/100)^n]

Putting the values:

CIR = 6.315%

PV = $1000

YTM = 8.70%

n = 4 years

SP for Bond 1 = (6.315/100) * 1000 + [(1000 - (6.315/100) * 1000) / (1 + 8.70/100)^4]

SP = $632.36 + $398.72

Selling Price of Bond 1 issued by Crabbe Waste Disposal = $1031.08

Bond 2: Issued by Malfoy Enterprises

Now, let's calculate the selling price for Bond 2 issued by Malfoy Enterprises.

Coupon Interest Rate (CIR) = 8.90%

Yield to Maturity (YTM) = 8.70%

Maturity (n) = 4 years

Par Value (PV) = $1000

Using the same formula as above:

SP = (CIR/100) * PV + [(PV - (CIR/100) * PV) / (1 + YTM/100)^n]

Putting the values:

CIR = 8.90%

PV = $1000

YTM = 8.70%

n = 4 years

SP of Bond 2 = (8.90/100) * 1000 + [(1000 - (8.90/100) * 1000) / (1 + 8.70/100)^4]

SP = $889 + $380.50

Selling Price of Bond 2 issued by Malfoy Enterprises = $1269.50

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Which of the following statements accurately describes how an event will impact supply? Choose 1 answer: Choose 1 answer: (Choice A) A An increase in costs of production will cause an increase in the supply curve (Choice B) B An increase in demand will cause an increase in supply (Choice C) C An increase in price will cause supply to increase (Choice D) D A decrease in price will cause supply to increase (Choice E) E A decrease in resource costs will cause an increase in the supply curve

Answers

The statement that accurately describes how an event will impact supply is  option B An increase in demand will cause an increase in supply.

What happens when supply and demand both rise?

If demand and supply both rise, more will be purchased by consumers and more will be produced by businesses. The impact on price will, however, depend on the relative amount of the two changes because consumers place a higher value on each unit while producers are willing to supply each unit at a lower price.

Therefore, With everything else remaining the same, an increase in demand will result in a rise in the equilibrium price and an increase in supply. Reduced demand will result in a drop in the equilibrium price and a reduction in supply.

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Get in the habit of using the term "we" rather than "I" when
referencing ideas/research throughout the presentation and the Q/A. True or false ?

Answers

The answer is true. Through a presentation, a speaker imparts knowledge to an audience. The typical goals of a presentation are to inform, persuade, inspire, motivate, foster goodwill, or propose a novel concept or service.

Speeches, introductions, lectures, and demonstrations are all examples of presentations. Divide your audience into these three categories to better focus your message: You must include an introduction, a body, and a conclusion in audience presentation. An intriguing start. Explain why your audience will find what you're about to talk about in your introduction valuable or important while providing a brief summary of it. Give the supporting information in a body.

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Which of the following statements is correct? Investing money is the same as putting it into savings. People earn interest and taxes by working at their jobs. Money in a savings account earns interest. All of these choices are correct.

Answers

Investing money is different from putting it into savings, people earn interest on money in a savings account, and taxes are not earned by working at a job but are deducted from income. All of these choices are correct.

1. Investing money is not the same as putting it into savings. When you invest money, you purchase assets such as stocks, bonds, or real estate with the expectation of generating a profit over time. Investing involves taking on risk in the hope of earning a higher return on your money.

2. People do not earn interest and taxes by working at their jobs. Taxes are typically deducted from an individual's income, and interest is earned by depositing money in a savings account or investing it in interest-bearing assets. Income earned through employment is subject to taxation, but it does not directly result in interest earnings.

3. Money in a savings account does earn interest. When you deposit money into a savings account, the bank pays you interest on that balance. The interest rate may vary depending on the bank and the type of savings account you have. This interest is a form of passive income that you earn on your savings over time.

Therefore, the correct statement is that all of these choices are correct.

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