Answer: $9,009
Explanation:
To find the Effective Interest Rate, you should convert the stated interest rate into a semi-annual interest rate as that is when interest is payable.
Effective interest Rate = 10% Per annum
= 10/2
= 5%
5% is to be paid Semi-annaully.
Interest Expenses for the first 6 months is therefore,
= Issue Price * effective interest rate
= 180,181 * 5%
= $9,009
$9,009 is the amount of effective interest expense that should be recorded for the six months ended June 30, Year 1.
Answer: an instruction, command, or duty given to a person or group of people.
Explanation:
an instruction, command, or duty given to a person or group of people.
Ethernet is currently the most popular network standard for LANs. LAN stands for Local Area Network<span> . Ethernet is the most widely used technology to interconnect computers </span><span> in a computer </span>network<span> within a limited are (building, university, school,...)
</span>Ethernet is a link layer<span> protocol in the </span>TCP/IP stack. It <span> describes how networked devices can format data for transmission to other network devices on the same network segment, and how to put that data out on the network connection. </span>
Answer:
$3.68 per bag for bagels; $1.30 per package for cream cheese
Explanation:
In this question we have to assume the things
Like Baggles be X
And. the cream cheese be Y
So, there are two equations which are presented below:
2X + 3Y = $11.25
5X + 2Y = $21
To find out the X and Y value we have to equate the both equations. So, we multiplied by 5 and multiplied by 2 in equation 1 and 2
So, the updated equation would be
10X + 15Y = $56.25
10X + 4Y = $42
Now subtract it, so the value would be
11Y = $14.25
Y = $1.30 per bag
Now put this Y value in any equation
2X + 3Y = $11.25
2X + 3 × $1.30 = $11.25
2X + $3.9= $11.25
2X = $7.35
X = $3.68 per package
Answer:
(a) $56,730
(b) $36,330
(c) $ 51,800
(d) $24,800
(e) $36,230
Explanation:
(a) Gross profit for the Dalmatian Division:
= Net sales - Total Cost of goods sold
= $87,000 - $30,270
= $56,730
(b) Income from operations from the Dalmatian Division:
= Gross Profit - Direct operating expenses
= $56,730 - $20,400
= $36,330
(c) Gross profit for the Beagle Division:
= Net sales - Total Cost of goods sold
= $99,000 - $47,200
= $ 51,800
(d) Income from operations from the Beagle Division:
= Gross Profit - Direct operating expenses
= $51,800 - $27,000
= $24,800
(e) Total income from operations;
= $36,330 + $24,800
= $61,130
Earnings before interest and taxes:
= Total income from operations - General overhead
= $61,130 - $18,160
= $42,970
Earnings before taxes:
= Earnings before interest and taxes - Interest expense
= $42,970 - $2,040
= $40,930
Net income = Earnings before taxes - Income taxes
= $40,930 - $4,700
= $36,230
