Answer:
gain of $6,350.
Explanation:
Depreciation expense each year = (cost of asset - residual value) / useful life
($46,200 - $6,300) / 4 = $9,975
Depreciation expense after two years = $9,975 x 2 = $19,950
Value of the equipment in two years = $46,200 - $19,950 = $26,250
If the equipment is sold for $32,600, the equipment would be sold at a profit
Profit = $32,600 - $26,250 = $6350
Answer:
The price of the bond is $659.64.
Explanation:
C = coupon payment = $62.00 (Par Value * Coupon Rate)
n = number of years = 6
i = market rate, or required yield = 15 = 0.15 = 0.15 /2 = 0.075
k = number of coupon payments in 1 year = 2
P = value at maturity, or par value = $1000
BOND PRICE= C/k [ 1 - ( 1 / ( 1 + i )^nk ) / i ] + [ P / ( 1 + i )^nk )]
BOND PRICE= 62/2 [ 1 - ( 1 / ( 1 + 0.075 )^6x2 ) / 0.075 ] + [ $1,000 / ( 1 + 0.075 )^6x2 )]
BOND PRICE= 31 [ 1 - ( 1 / ( 1.075 )^12 ) / 0.075 ] + [ $1,000 / ( 1.075 )^12 )]
BOND PRICE= 31 [ 1 - ( 1 / ( 1.075 )^12 ) / 0.075 ] + [ $1,000 / ( 1.075 )^12 )]
BOND PRICE= $239.79 + $419.85 = $659.64
Answer:
13.42%
Explanation:
Here is an solution to the question below.
Debt equity ratio = 0.54
Sales = $728700
Net income = $94900
Total debt = $382000
Total equity ratio = net income / (total debt/ debt equity ratio)
total debt/ debt equity ratio = 382000/0.54 = 707,407.4
Total equity ratio = 94900/707,407.4
= 0.1342 x 100
= 13.42%
This is the return on equity.
Answer:
include both financial and nonfinancial information.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Quantitative factors are based on numerical data or informations.
Quantitative factors include both financial and nonfinancial information.
Basically, quantitative factors can be expressed in monetary terminologies such as interest rate, dividends, retained earnings, depreciation, principal, future value, etc.
Answer:
214,000 trays
Explanation:
Budgeted sales in unit. 205,000
Add: targeted ending inventory 27,000
Total requirements. 232,000
Deduct: beginning inventory (18,000)
Budgeted units to be prod. 214,000