When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?.

On March 1, 2012, Kelly Company lent $3,500 to Tim on a 1-year 6% promissory note. The amount of interest to be accrued on Decem

schepotkina [342]

Answer:

$210

Explanation:

Calculation for what the amount of interest to be accrued on December 31 will be

Using this formula

Accrued interest =Amount lent×Promissory note percentage

Let plug in the formula

Accrued interest=$3,500×6%

Accrued interest=$210

Therefore the amount of interest to be accrued on December 31 will be $210

7 0

3 years ago

Choi Company manufactures two skin care lotions, Smooth Skin and Silken Skin, from a joint process. The joint costs incurred are

mafiozo [28]

Answer:

The answer is "205,241"

Explanation:

Its relative value operation:

Smooth skin Seedling Skin Total

A Unit sold $240000 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 110000$

selling price per unit $\$ \ 3.10 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$ \ 5.10$

Sales value $\$ \ 744,000 \ \ \ \ \ \ \ \ \ \ \ \$ \ 561,000 \ \ \ \ \ \ \ \ \ \ \ \$ \ 1,305,000$

Join its cost allocate $(360000 \times \frac{sales\ value}{1305000})$ $205,241 \ \ \ \ \ \ 154,759 \ \ \ \ \ \ 360,000$

Smooth Skin is assigned the combined costs within each development process by way of the relative cost process 205,241

3 0

2 years ago

The Seattle Corporation has an investment opportunity that will yield cash flows of $30,000 per year in Years 1 through 4, $35,0

zlopas [31]

Answer:

4.86 years

Explanation:

Data provided in the question:

Cash flow each year from year 1 to year 4 = $30,000

Cash flow in year 5 through 9 = $35,000

Cash flow in year 10 = $40,000

Initial investment = $150,000

Firm's WACC = 10%

Now,

Accumulated cash flow for 4 years = $30,000 × 4 = $120,000

Accumulated Cash flow for 5 years = $120,000 + $35,000

= $155,000 > amount invested ($150,000)

Thus,

Remaining payback amount required in year 5 = $150,000 - $120,000

= $30,000

Payback period for $30,000 in year 5 = [$30,000 ÷ Annual cash flow]

= $30,000 ÷ $35,000

= 0.86 years

Hence,

Total payback period for this investment is

= 4 years + 0.86 years

= 4.86 years

4 0

3 years ago

Using the information below for Sundar Company; determine the total manufacturing costs added during the current year:

defon

Answer: $96,500

Explanation:

Manufacturing cost includes all the costs that went into production in a period including direct costs and manufacturing overhead:

= Direct materials + Direct labor + Manufacturing Overhead

Manufacturing overhead = Beginning work in process + Factory overhead - Ending work in process

= 11,200 + 52,600 - 11,800

= $52,000

Manufacturing cost = 19,500 + 25,000 + 52,000

= $96,500

3 0

3 years ago

Prior to the launch of its financial service, Mint made extensive use of ______ which helped search engines view this business a

Dafna1 [17]

Answer:

Blogs

Explanation:

Blogs are information websites that provides relevant information for a target group in a diary style arranged according to date.

The most recent posts appear first in the website.

Mint has used blogs to provide relevant information to users.

Search engines analyse the contents of websites to determine of they are relevant sources of information.

Mint's blogs have help search engines identify the company as a relevant source of personal financial topics

8 0

3 years ago