Answer:
$961.54
Explanation:
To calculate the real price of the TV you would have to determine the present value of the TV's price. The future price of the TV is $1,000 and your discount rate is 4% annual (the same as your bank), so the present value of the TV =
present value = future value / (1 + rate) = $1,000 / 1.04 = $961.54
The right answer for the question that is being asked and shown above is that: "d. A sole proprietorship has a life of its own apart from its owner." It is considered as the simplest business form where one can operate. It is not a legal entity in itself.
Explanation:
Area = Area of sides + area of semicircle thing
= (2*0.21*0.31) + (2*0.31*0.61) + (0.21*0.61) + ( 3.14*0.105*0.61) + (3.14*0.105*0.105) = 0.872 m^2
Total area = 0.872 *1106 =964.43 m^2
Answer =965 m^2
Answer:
Dr Raw materials $93,000
Cr Accounts payable $93,000
Explanation:
Based on the information given we were told that during the month, the corporation had to purchased an additional raw materials of the amount of $93,000 which means that the journal entry to record the purchase of raw materials would include a:
Dr Raw materials $93,000
Cr Accounts payable $93,000
(To record purchase of raw materials)
Answer:
b. issuing new equity
Explanation:
debt to equity ratio = Total debt/ Total equity x 100
and
interest earned ratio = Operating Income ÷ Interest charge
<u>Ways to decrease debt to equity ratio :</u>
1. Increase equity (no effect on interest earned ratio)
2. Decrease debt (increases interest earned ratio)
thus,
issuing new equity have no immediate effect on the times interest earned ratio but will cause debt to equity ratio to decrease.
