Answer:
Dr Interest receivable 21,780
Cr Interest revenue 21,780
Explanation:
Preparation of the appropriate interest Journal entry on December 31, 2021
Based on the information given we were told that the company paid the amount of $280,000 for the machine in which the company will be leasing the machine to Zone for the amount of $38,000 per year while 9% of the amount will be return to Calloway which means that the interest entry on December 31, 2021 will be recorded as:
Dr Interest receivable 21,780
Cr Interest revenue 21,780
Calculated as :
Cost of machine $280,000
Less lease amount per year $38,000
=$242,000
Hence,
$242,000*9%
=$21,780
Answer:
the per unit cost is $10
Explanation:
The computation of the per unit cost is shown below:
As we know that
Per unit cost is
= Total cost ÷ number of units produced
= ($5,090 + $5,838 + $4,042) ÷ (1,497 units)
= ($14,970) ÷ (1,497 units)
= $10
hence, the per unit cost is $10
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Operations managers can use the mathematical tool of linear programming to plan and make resource allocation decisions. Hence. option (c) will be the suitable response for this question.
<h3>Give a brief account on linear programming.</h3>
An approach to getting the optimal result in a mathematical model whose requirements are expressed by linear connections is linear programming, often known as linear optimization.
Specifically, linear programming is a technique for optimizing a linear objective function while observing the constraints of linear equality and inequality. Its feasible region consists of convex polytopes, a set that is defined as the intersection of a finite number of half spaces, each of which is determined by a linear inequality. A real-valued affine function that is defined on this polyhedron serves as its goal function. If there is a location in the polytope where this function has the least value, a linear programming technique locates it.
To know more about, linear programming, visit :
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Answer:
PV= $7,721.73
Explanation:
Giving the following information:
Your deal with her is that you will pay her $1,000 per year for the next ten years with the first payment occurring at the end of this year. If your discount rate is 5%.
To calculate the present value we need to use the following formula:
NPV= ∑[Cf/(1+i)^n]
For example:
Year 4= 1,000/1.05^4 822.70
Year 8= 1,000/1.05^8= 676.84
NPV= $7,721.73
The answer is d scarcity! This is because economics is the overall study of the economy, supply is the product or service sold in economics, and demand is the want for certain products or services. Scarcity is when there is few of certain items so people want more than they can get.
