Answer:
$26,247.696
Explanation:
The table is shown below:
Year Opening Balance Deposit Aggregate Interest @6% Total including interest
1 0 $6,000 $6,000 $360 $6,360
2 $6,360 $6,000 $12,360 $741.6 $13,101.6
3 $13101.6 $6,000 $19,101.6 $1,146.096 $20,247.696
4 $20,247.7 $6,000 $26,247.696 $1,574.862 $27,822.55776
Answer: The firm issued common stock in 2013.
Explanation:
Since the firm has never paid a dividend to its common stockholders, we can see that the firm issued common stock in 2013.
Looking clearly at the common equity section, we can see that there was an increase in the common stock from $1000 to $2000.
The reduction in the retained earnings from $2340 to $2000 also shows that there was a loss.
Based on the above scenarios, we can say that the firm issued common stock in 2013.
When three possibilities are equally likely and have payoffs of $3, $6, and $9. Then the expected value will be $6.
<u>What is Expected Value? </u>
Expected value refers to when you play the game it will tell you the probability or winning chance and amount to win.
Hence, in the above questions, there are equally likely possibilities.
So, in this case, the probability for each possibility is 1/3.
We can calculate the expected value (EV) as:
EV=((1/3) x $3) + ((1/3) x $6) + ((1/3) x $9)
=1 + 2 + 3
=$6
Therefore, the expected value will be $6 when three possibilities are equally likely and have payoffs of $3, $6, and $9.
You can learn more about expected value at brainly.com/question/24305645
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Answer:
c
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
If the sales of a company exceeds the breakeven quantity, the firms is earning a profit.
If the company's sales is less than the Breakeven quantity , the firm is making losses that would not be recouped
Breakeven quantity = fixed cost / price – variable cost per unit
150,000 / (5 -3) = 75000
Answer:
$101,820
Explanation:
the total cost basis of the machine:
- purchase price = $94,000 x 98% = $92,120
- transportation costs = $4,000
- installation costs = $5,700
- insurance costs = $0 (operating expense)
total asset basis = $101,820
A business can capitalize certain necessary costs when it acquires an asset and they include freight, installation and insurance costs. But the insurance costs that can be capitalized are those incurred to insure an asset while it is being transported or installed, after the installation is over any insurance costs are operating costs.