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tia_tia [17]
3 years ago
11

What is the only state whose capital city begins with the letter "f"?

Business
1 answer:
Katyanochek1 [597]3 years ago
3 0
The answer is Frankfort, Kentucky.
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Last year, you purchased a stock at a price of $78.00 a share. Over the course of the year, you received $2.70 per share in divi
lutik1710 [3]

Answer:

5.65%

Explanation:

Last year a stock of $78.00 was bought

During the period of one year $2.70 was received in dividend and inflation averaged 3.2%

Today the shares was sold for $82.20

The first step is to calculate the nominal return

= ($82.20-$78.00+$2.70)/$78.00

= 6.9/78

= 0.0885×100

= 8.85%

Therefore, the approximate real rate can be calculated as follows

= 8.85%-3.2%

= 5.65%

Hence the approximate real rate of return on this investment is 5.65%

6 0
2 years ago
Panarin Company entered into two contracts on the same date with Hjalmarsson Corporation. Panarin has provided the following ana
Nookie1986 [14]

Answer:

a. The 2 contracts should be combined.

b. $123,000 for Contract A

$82,000 for Contract B

c. Revenue should be recognized when control of goods has transferred to the customer.

Explanation:

Part a:

Answer: Yes. The 2 contracts should be combined.

Reasoning:

5-step revenue recognition model indicates identification of contracts with customer in the first step, identification of performance obligations of the contract in the second step, transaction price determination in the third step, allocation of transaction price to the performance obligations to the fourth step and recognition of revenue as the performance obligations in the fifth step. Therefore, two contracts should be combined.

Part b:

Calculate the amount of revenue should P associate with each of the contracts.

There are two performance obligations:

Goods from contract A ($120,000 + ($5000 x 60%)) = $123000

Goods from contract B ($80,000 + ($5000 x 40%)) = $82000

Reasoning: It is given that the stand-alone prices for Contract A is $120,000 and Contract B is $80,000. Contract price of Contract A is $125,000. Thus, the additional $5,000 should be split between the 2 contracts. Hence, the performance obligations for goods from contract A is $123,000 and goods from contract B is $82,000.

Part C:

Revenue should be recognized when control of goods has transferred to the customer.

Reasoning:

Performance obligation is satisfied when transfer the good or service to the customer. Recognize revenue when the performance obligation is satisfied is the fifth step of the 5-step revenue recognition model. Hence, revenue should be recognized when control of goods has transferred to the customer.

7 0
3 years ago
Carlisle Transport had $4,716 cash at the beginning of the period. During the period, the firm collected $1,517 in receivables,
Gnesinka [82]

Answer:

the  cash balance at the end of the period is $3,551

Explanation:

The computation of the cash balance at the end of the period is shown below:

= Cash Balance at beginning of the period + received from receivables - paid to suppliers- cash expenses

= $4,716 +  $1,517 - $2,182 - $500

= $3,551

Hence, the  cash balance at the end of the period is $3,551

The above formula should be used for the same

4 0
3 years ago
Steven watched the island get bigger as they approached. Now he could see buildings and roads. He saw that they were approaching
SVETLANKA909090 [29]
The answer would be a
7 0
2 years ago
Read 2 more answers
According to the Centers for Disease Control and Prevention, "SIDS is defined as the sudden death of an infant less than 1 year
SSSSS [86.1K]

Answer: True

Explanation:

According to the CDC, Sudden Infant Death Syndrome (SIDS) is the leading cause of children dying unexpectedly and without immediately apparent causes and is said to happen to an 3,700 infants annually.

Sudden Infant Death Syndrome (SIDS) is defined by the CDC as <em>the sudden death of an infant less than 1 year of age that cannot be explained after a thorough investigation is conducted</em>.

SIDS falls under Sudden Unexpected Infant Death (SUID) which is the unexplained death of a child before investigation and as well as SIDS can include infections and accidental suffocation.

5 0
3 years ago
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