Out of those four it would have to be D) down payment
Answer:
Answer= 9 years
Explanation:
Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate
14,963.72=2200[1-(1.06)^-n]0.06
14,963.72=36,666.67[1-(1.06)^-n]
1-(1.06)^-n=(14,963.72/36,666.67)
(1.06)^-n=1-(14,963.72/36,666.67)
(1/1.06)^n=0.591898545
Taking log on both sides;
n*log (1/1.06)=log 0.591898545
Hence n=log0.591898545/log (1/1.06)
=9 years.
Answer:
$9,000,045
Explanation:
You will need more than HALF of the shares to win.
400,000 shares are there
Half of it:
400,000/2 = 200,000 shares
You would need 1 more to it, so:
Shares needed = 200000 + 1 = 200,001 shares
Total Cost would be the number of shares needed multiplied by the price of each share.
So,
<u>Total Cost = 200,001 * 45 = $9,000,045</u>
Answer:
The Individual assets will be recorded by the buyer as :
Machine 1 = $25,250
Machine 2= $33,667
Machine 3= $42,083
Explanation:
On Initial measurement, IAS 16 requires assets to be measured at cost to the buyer.
Apportion the Cost of $101,000 ($100,000 + $1,000) using individual market values of the assets.
Machine 1 = $30,000 / $120,000 × $101,000
= $25,250
Machine 2= $40,000 / $120,000 × $101,000
= $33,667
Machine 3= $50,000 / $120,000 × $101,000
= $42,083
Answer:
a. 25
b. $217,500
Explanation:
Contribution Margin Ratio = Contribution / Sales × 100
= ($500,000 - $375,000) / $500,000 × 100
= 25.00% or 25
Income statement for Pearl Company
Sales $825,000
<em>Less</em> Variable Cost ($247,500)
Contribution $577,500
Less Fixed Costs ($360,000)
Operating Profit $217,500
