Answer:
4%
Explanation:
Interest included in $918000 is for six months from 10/1/18 to 4/1/12.
Interest for first three month period from 10/1/18 to 31/12/18 = $9000.
This implies that :
Interest from 1/1/19 to 4/1/19 = $9000.
Principal amount excluding interest due:
= Baker's obligation amount - Accrued interest - Accrued interest
= $918,000 - $9,000 - $9,000
= $900,000
Interest rate:
= [($9,000 × 12/3) ÷ 900000] × 100
= 4%
Answer:B
Explanation: The WEXS Channel 10 wanted to see how well the candidates would perform with a story that was given to them.
Answer:
The annual depreciation under SL is $16000 per year.
Explanation:
The depreciation expense under Straight Line (SL) method remains constant throughout an asset's useful life. The depreciation under straight line method is calculated by calculating the value of the asset that is eligible for depreciation, which is its cost less the salvage value (SV) and dividing it by the asset's useful life.
The straight line depreciation per year = (Cost - SV) / estimated useful life
Annual depreciation under SL = (100000 - 20000) / 5 = $16000 per year
Unlike sole proprietorship and partnerships, the corporation has a life independent of its owners and officers. This statement is true.
<h3>
What is Partnership?</h3>
- In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
- Organizations may work together to expand their reach and increase the likelihood that each will succeed in reaching their goals.
- A partnership may solely be controlled by a contract, or it may issue and hold stock. Business: Two or more businesses collaborate in a joint venture, a buyer-supplier arrangement, a strategic alliance, or a consortium to: I work on a project (such as an industrial or research project) that would be too difficult or risky for a single entity; and (ii) join forces to have a stronger position on the market.
To learn more about partnership with the given link
brainly.com/question/19988417
#SPJ4
Answer:
$64.76
Explanation:
The current share price can be determined by calculating the present value of the dividend
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow from year 1 to 13 = 9.45
I = 10.7
PV = 64.76
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
