Answer:
Equipment and notes payable
Explanation:
Since the equipment is purchased by signing the note payable which affected the two accounts i.e equipment and the note payable. In this, the cash transaction is not involved, so cash should not be considered
The journal entry would be
Equipment A/c Dr $10,000
To Notes payable $10,000
(Being the equipment is purchased by signing a note payable)
Explanation:
the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day
Answer:
Particulars Amount
Purchase price $700,000
Add: Freight cost $35,000
Add: Electrical connections $5,000
Add: Labor costs $37,800
Add: Bred dough used $900
Add: Safety guards <u>$1,500</u>
Total cost of Equipment <u>$780,200</u>
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Note: Repairs cost of $5,000 will not be included
Answer:
Share price = $85.684
Explanation:
It is given that ,Ke = cost of equity = 15% ,g = Growth = 9.2%% and Dividend and Repurchase = 40%
Now we know that
PV = CF /(Ke- g)
PV = $2.05 billion*0.4 / (0.15-0.092) = 0.84 billion /0.058
=$14137931034.483
Share price = $14137931034.483 / 165000000 million
Share price = $85.684
In an organizational budget, variable expenses are the total cost that depended on the amount of goods produced.
Example of variable expenses are:
- Raw material expenses
- Cost of plastic to make a handphone case
- Cost of carrots if the company is selling carrot pies
- etc