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4 years ago

The level of service exports worldwide increased more than _______ between 1980 and 2010

1 answer:

4 0

The increase in level of service exports all over the world between 1980 and 2010 is extremely high which is about 10 folds. The phenomenon of economic globalization which means trading of goods, information and infrastructure between various countries is a major thing that occurred during this time.

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Casey Electronics has a piece of machinery that costs $300,000 and is expected to have a useful life of 6 years or 40,000 hours.

puteri [66]

Solution:

The unit-of-production approach allocates depreciation on the basis of the usage of the commodity.

The first step is to measure depreciation per unit by calculating the sum of less residual value by usable life in units.

For this scenario, we measure ($300,000-$50,000)/40,000 hours

= $6.25 per computer hour as the deprecation cost per device.

That number is compounded by the real use for the year.

In this scenario, 6,000 hours * $6.25 depreciation cost

= $37,500 depreciation bill.

4 0

3 years ago

Cullumber, Inc., has outstanding bonds that will mature in six years and pay an 8 percent coupon semiannually. If you paid $1,03

Sedbober [7]

Answer:

The worth of the bond is $1068.44

Explanation:

Solution

Given that

Supposed that the face of the bond is $1000

Thus

The semiannual coupon payment = 1000*8%*6/12

= 40 (semiannual period in a year comprising of 6 months each)

Then

Semiannual periods = 6 years *2

=12

The semiannual yield = 6.6*6/12

= 3.3%

So,

The present value of bond = (PVA3.3%,12*semiannual coupon payment) + (PVF3.3%,12*Face value)

=(9.77808*40) + (.67732*1000)

=391.12+ 677.32

=$1068.44

The worth of the bond is $1068.44

nnote: Find present value factor using the formula 1/(1+i)^n

(Where i = 3.3%, n= 12 ) or using financial calculator by putting i = 3.3%,n=12 and FV= 1

Also, Find present value annuity factor using the formula [1/(1+i)^1 +1/(1+i)^2 +......+(1+i)^11+1/(1+i)^12 ] or using financial calculator where i = 3.3%,n= 12 and PMT =1

6 0

3 years ago

Which of the following is NOT one of the RESULTS of mass production? A) lower prices B)Product standardization C) increased trad

weeeeeb [17]

D) Expanded craftsmanship because when mass production happens craftsmanship decreases not increases.

8 0

4 years ago

in 2020, Mathis Co. at the first year of operations, has financial income of $1,200,000. It has an litigation expense of $3,000,

Ronch [10]

Answer:

Mathis Co.

The Tax payable for 2020 is:

= $1,320,000

Explanation:

a) Data and Calculations:

2020 Financial income = $1,200,000

add Litigation expense 3,000,000

add installment sales 2,400,000

Adjusted taxable income $6,600,000

Income tax rate = 20%

Tax payable for 2020 = $1,320,000

b) The litigation expense was deducted from the financial income. This is added back to the income. Installment sales were not included in the revenue for the financial income of 2020. This is also added to the financial income. The net result is the figure for taxable income. This forms the basis for the application of the income tax rate of 20%.

5 0

3 years ago

Financial managers often shift temporary funds from checking accounts to _____ securities to earn higher interest returns. Group

malfutka [58]

Financial managers often shift temporary funds from checking accounts to marketable securities to earn higher interest returns. Group of answer choices operational strategic administrative marketable commercial.

Security, in a financial context, is a certificate or other financial instrument that has monetary value and can be traded. Securities are generally classified as either equity securities, such as stocks, and debt securities, such as bonds and debentures.

Stocks, bonds, preferred shares, and ETFs are among the most common examples of marketable securities. Money market instruments, futures, options, and hedge fund investments can also be marketable securities.

Securities can be broadly categorized into debt securities (e.g., banknotes, bonds, and debentures) equity securities (e.g., common stocks) derivatives (e.g., forwards, futures, options, and swaps).

learn more about securities here

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7 0

2 years ago