Answer:
$6,750,000
Explanation:
Since it is stated in the question that the 3mn shares will be paid the principal and interest at maturity, and it is not stated the note is compounded, we apply the following simple calculation:
Amount to pay = $4,500,000 + [($4,500,000 × 10%) × 5 years]
= $4,500,000 + [$450,000 × 5 years]
= $4,500,000 + 2,250,000
Amount to pay = $6,750,000
Therefore, the amount should be paid to the stockholders at the end of the fifth year is $6,750,000.
Answer:
Units Completed and Transferred: 2,700
Explanation:
Units Completed and Transferred: Beginning Units in Process + Units Received - Ending Units in Process
Beginning Units in Process: 400
Units Received: 2,500
<u>Ending Units in Process: (200)</u>
Units Completed and Transferred: 2,700
Answer:
By choosing tire A, the consumer will save $0.006 USD ($0.6 cents) per mile.
Information:
- Saving: 120 gl over 60,000 miles
- Gasoline: $3/gl
Explanation:
Total saving in 60,000 miles = 120gl * $3/gl = $360
Total saving in 1 mile = $360/60,000 = $0,006
Answer:
2018 = $4,945.46
2019 - $4,450.91
Explanation:
sum-of- the-years'-digits depreciation expense =( number of useful lives remaining / sum of the years ) x (Cost of asset - residual value)
sum of the years = 1 +2 +3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 = 55
depreciation expense in 2018 = (10 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.181818 = $4,945.46
depreciation expense in 2018 = (9 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.163636 = $4,450.91