Answer:
D. Royalty income for the year $ 576,000
Explanation:
Computation of royalty income for the year
Royalty income for the year = Ending accrual + Royalty receipts - Opening Accrual
Ending accrual is for sales of second half
Sales of second half = $ 3,240,000
Royalty % 10 %
Ending accrual for Royalty ( sales of second half of 2014 to be collected in March 2015)
$ 3,240,000 * 10 % $ 324,000
Royalty income for the year = $ 324,000 + ($ 180,000 + $ 234,000)- $ 162,000
Royalty income for the year = $ 576,000
Answer:
9.37
Explanation:
The computation of LCL for a control chart is shown below:-
Sample Obs 1 Obs 2 Obs 3 Obs 4 Mean observation Range
1 10 12 12 14 12 4
2 12 11 13 16 13 5
3 11 13 14 14 13 3
4 11 10 7 8 9 4
5 13 12 14 13 13 2
For computing the mean observation and range we will use the below formulas
Mean observation = ( Obs 1 + Obs 2 + Obs 3 + Obs 4) ÷ 4
Range = Highest value - Lowest value
= ( 12 + 13 + 13 + 9 + 13 ) ÷ 5
= 12
= ( 4 + 5 + 3 + 4 + 2 ) ÷ 5
= 3.6
Since we found the value of A2 with the help of constants table for control charts for a 4 subgroup size.
A2 = 0.729
12 - 0.729 × 3.6
= 9.37
Answer:
$444
Explanation:
Hi, I have attached the full question as an image below.
The period payment is the installment amount required to be paid on the loan. Installments are made after different periods for different loans in a year. Some instalments may be paid once or twice during the year. These instalments comprise the interest charge and the repayment of the principle until the loan matures (the future value becomes $0).
So given the data as :
<em>Principal (PV) = $30,000</em>
<em>Interest (I/YR) = 4 %</em>
<em>Period per year (P/YR) = 6</em>
<em>Total Periods (N) = 15 × 6 = 90</em>
<em>Future Value (FV) = $ 0</em>
<em>Payment (PMT) = ?</em>
Inputting the data in a financial calculator as : (PV) = $30,000, (I/YR) = 4 %, (P/YR) = 6, (N) = 15 × 6 = 90 and (FV) = $ 0 we can solve PMT as $444
Conclusion ;
Periodic payment R required to amortize a loan is $444
Answer:
appropriate cost of capital to evaluate the business is 8%
Explanation:
given data
cost of equity capital = 12%
revenue from software = 50%
cost of equity capital = 8 %
to find out
the appropriate cost of capital
solution
we know that
Cost of capital = cost of capital in same industry or cost of capital in the related division
so here cost of capital equal to business is 8% so that Cost of capital will be 8%
hence the appropriate cost of capital to evaluate the business is 8%
Accounts would likely prefer the variable of costing method
over the absorption costing method in evaluating the performance of a company
because with the use of the absorption costing method, the income will likely
appear as higher in regards of producing an increase inventory. The correct
answer is letter a.