<em>When you ask a question like this, you have to include a picture of what you are talking about. I'll walk you through the process. When you first start asking a question there is an option for a little paperclip on the bottom of the question box. Click on that and then select the file (the photo is considered a file by the computer) then type in what the question is and simple hit ask question. Now it will post the picture along with your question.</em>
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<em>Hope this helps,</em>
<em>Miri</em>
Answer:
Paco will have 335 dollars available for the car-loan
Explanation:
fromthe $490 cash flow
we should subtract the cash cost as once we obtain it through a loan we will have to handle with them as well:
490
- 60 gas
- 70 insurance
- 15 maintenance
<u> - 10 repairs </u>
335 net monthly savings after the purchase of the car.
Suppose $250,000 is used to establish an annuity that earns 6%, compounded quarterly, and pays $6000 at the end of each quarter. It will take about 120 quarters until the account balance reaches $0.
Amount invested (Present value) = $250000
Quarterly payment (At the end of each quarter) (P) = $4500
Interest Rate (Quarterly) (r) = 6% /4
= 1.5% = 0.015
A number of quarters (n) = ?
Future value at the end = 0
Present value of Annuity formula:
Present value = P × 
250000 = 4500 × 
250000 = 300000 × 
250000 / 300000 = 
0.83333 = 
n = 120
Hence is shall take 120 Quarters until the account balance is $0.
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Answer:
inventory impairment/cost of good sold (p/l) $500
Explanation:
IAS 2 requires that inventory be initially recognized at cost including cost of purchase and other necessary cost incurred in getting the inventory to the location where it becomes available for sale.
Subsequently, the item of inventory is carried at the lower of cost or net realizable value (NRV).
Quantity Unit Cost Unit NRV Lower of cost/NRV Amount
Model A 100 $100 $ 120 $100 $10,000
Model B 50 $50 $ 40 $40 $2,000
Model C 20 $200 $210 $200 $4,000
Adjustment required = 50 ($50 - $40)
=$500
This posted as
Debit inventory impairment/cost of good sold (p/l) $500
Credit Inventory account $500
Answer:
B) Millcorp has a lawful innocent acquisition of a monopoly.