Answer:
a. 2 years
b. 1 year
c. 12 times
Explanation:
Interest period is the duration of the deposit. It is the length of time the money would remain in deposit. This is 2 years according to the question
Compounding period = number of times interest would be paid. In the question, this is a year. So interest would be paid every year
The compounding frequency - it is the number of times the deposit would be compounded. It is 12 months
The future value of the deposit can be determined using this formula :
FV = P (1 + r/m)^nm
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
The journal entry to record the inventory shrinkage is :Debit Cost of goods sold $18,600; Credit Inventory $18,600.
<h3>Inventory shrinkage</h3>
Based on the information given the appropriate the journal entry to record the inventory shrinkage is :
Debit Cost of goods sold $18,600
Credit Inventory $18,600
($12,400+$39,800-$33,600)
(To record inventory shrinkage)
Inconclusion the journal entry to record the inventory shrinkage is :Debit Cost of goods sold $18,600; Credit Inventory $18,600
Learn more about inventory shrinkage here:brainly.com/question/6233622
Answer:
The correct option is D,$42,000
Explanation:
The balance on Maxwell capital account=market value of building contributed less the mortgage on the building
market value of the building is $89,000
Mortgage on the building is $47,000
balance on Maxwell capital account=$89,000-$47,000
balance on Maxwell capital account=$42000
The correct option is D.
Care must taken so that one does include the cash of $38,000 contributed by Smart in Maxwell's capital account balance calculation,otherwise one would have concluded that option E,$80,000($42,000+$38,000)
Answer:
Option B, IRR is 14.42%
Explanation:
The IRR is the rate of return that equates the cost of the project to the present value of cash flows receivable from the project in future.
Using an excel approach, the formula formula IRR is given as:
=irr(values)
The values in this case are
-$1300 in year 0
$450 in year 1
$450 in year two
$450 in year 3
$450 in year 4
The irr gives 14.42% as shown in the spreadsheet attached
The cost of the investment of the investment project of $1300 equals the present values of its cash flows at 14.42% rate of return
Answer:
(a) 208.33 J/s
(b) 141.12 s
Explanation:
(a) Energy is the rate of doing work.
Work is the product of power and time
Work = Power × Time
Power = Work/time
where work is in joule and time is in seconds
Given that work = 6 × 
Time = 8 h = 8 × 60 × 60
= 28800 seconds
Average useful power = 
= 208.33 J/s
(b) Given
mass = 2000kg , using g = 9.8 m/s2
Force = 2000 × 9.8
= 19600N
Work = Force × Distance ( considering that Work done to lift his body can be omitted because it is not considered useful output here)
Work = 19600 × 1.5
= 29,400J
Time taken = Work/Power
= 
= 141.12s
≈ 2 Minutes 21 Seconds
At the rate of 208.33J/s, it will take the person 141.12 seconds to lift 2000 kg of bricks 1.50 m to a platform.
