Answer:
b. $88,204
Explanation:
The computation of the carrying value of the note payable is shown below:
= Present value of the notes + interest
= $120,000 × 0.680583 + ($120,000 × 0.680583 × 8%)
= $81,670 + $6,534
= $88,204
hence, the second option is correct
1.C.$15,345
2.c.23.61%
3.c. United States
4.false
5.B. Social Security
6.d. spending that must be authorized by Congress each year
7.d. raising payroll Texas or raising benefits
8.D.States increase taxes to fund education.
9.A.the money supply and interest rates that automatically increase or decrease along with the business cycle.
10.
Answer: $123,583.90
Explanation:
Given the following Parameters,
Net income = $120,226,
Interest rate = 9%
Tax = 30%
The following formula then applies,
Diluted EPS = (Net income + Interest after tax)/Total outstanding shares outstanding
Now, Interest(Before tax) = $53,300 * 0.09 = $4797
Now we have to calculate it After Tax
= 4,797 (1-tax rate)
= 4,797(1-0.3)
= $3,357.90
The numerator is,
= (Net income + Interest after tax)
= 120,226 + 3,357.90
= $123,583.90
The numerator in the diluted earnings per share calculation for 2018 would be $123,583.90
Answer:
Early settlement Discount: It is offered to customer to encourage them to pay earlier than the payment date.
Bulk Discount: If the customer buys over a certain quantity, he will get a discount.
Answer:
An exception based on public policy.
Explanation:
Employment at will according to the United States is a doctrine that permits the employer and employee to work together in an indefinite period of time, whereas they are able to terminate their contract with any necessary fair clause.
In many counties around the world, employers always look for reasons to terminate or stop their employees from working, whereas an exception based on public policy negate this doctrine.
