Answer:
Thomas capital
Equipment $30,000
Inventory 25,000
Cash <u> 45,000</u>
Total <u> 100,000</u>
Explanation:
Equipment : thebook value is $25,000 while the market value is $30,000. the market value of the equipment will be used.
Inventory : the book value is $50,000 while the market value is $25,000. As a result of obsolescence, the inventory will be value at lower of cost and net realizable value(IAS2). therefore, $25,000 will be recognized for the inventory in the determination of Thomas capital
Cash: there is no changes in cash contributed.
Answer:
Cash outflow will be $1300
So option (C) will be correct answer
Explanation:
We have given overhead expense = $2000 per month
Depreciation expenses = $500
And allocated insurance expense = $200
So non cash expense = depreciation expense + allocated insurance expense = $500+$200 = $700
We have to fond the cash out flow
Cash outflow is equal to = Overhead expense - non cash expense = $2000 - $700 = $1300
So cash outflow will be $1300
So option (C) will be correct answer
Just like the casual phone with memory strip and a crop base and all other parts
the answer is c because the bottom line systems inc.
Answer:
r = 9.14%
Explanation:
Simple interest = P * (1+rt)
Simple interest = $10,000 * (1+0.10 * 3)
Simple interest = $10,000 * 1.3
Simple interest = $13,000
Calculating the compound interest rate
A = P*(1+r)^n
$13,000 = $10,000 * (1+r)^3
(1+r)^3 = $13,000 / $10,000
r = ![\sqrt[3]{$13,000/ $10,000 - 1}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B%2413%2C000%2F%20%2410%2C000%20%20-%201%7D)
r = 0.0914
r = 9.14%
