Answer: True
Explanation:
At 4%
PV = 35,000/4% = 875000
At 5%
PV = 35000/5% = 70000
At 8%
PV = 35000/8% = 437500
At various rates r we can see that the value is greater than what Peter Pan receives in Never Never Land which is $25,000 + $150,000 = $175,000
Answer:
Dr interest expense $5,756.25
Cr cash $5,250
Cr Discount on bonds payable $506.25
Explanation:
Amortization of discount=$10,125/10 years*6/12=$506.25
The 6/12 implies that the amortization takes place every six months instead of annually.
The semiannual interest payment=$150,000*7%*6/12=$5,250
The interest payment would be credited to cash $5,250 and debited to interest expense for the year.
The amortization of discount would be credited discounts on bonds payable and credited to interest expense account as shown above in the answer section
Answer:
Annual Savings will be ;
Ordering Cost = $2,993.88
Holding Cost = $661.78
Explanation:
First Calculate the Economic Order Quantity (EOQ)
EOQ = √ 2 × Annual Demand × Ordering Cost per Order / Holding Cost per unit
= √ ((2 × 783× 12 × $31) / ($11 × 32%))
= 407
Note : Currently the firm orders at 783 crates per month
Savings in Ordering Cost will be :
Savings = Ordering Cost at Current Quantity - Ordering Cost at EOQ
= (Total Demand / Current Quantity × Ordering Costs) - (Total Demand / Current Quantity × Ordering Costs)
= (9396/783 × $31) - (9396/407 × $31)
= $2,993.88
Savings in Holding Cost will be :
Savings = (Current Quantity - Economic Order Quantity) / 2 × Holding Cost per unit
= (783 - 407) / 2 × ($11 × 32%)
= $661.78
Option B, $80,040 ( Nearest dollar )
Solution:
Given ,
Truck costs $320,000
Expected to be driven 116,000 miles
Truck is driven 29,000 miles
To calculate depreciation should the business record under the units-of-production method ,
Depreciation per mile = $320,000 / $116,000
= $2.75
Depreciation for the first year = $2.75 x 29,000
= $79,750 ( Nearest dollar is the answer )
<h3>
</h3>
Conflict of interest is the funding of a research study by a company that stands to benefit from a positive assessment.
<h3>
What is conflict of interest?</h3>
Conflict of interest in research exist when an individual, researcher, or company gives preference to their own interests or positive review.
- Here, the interest is a positive opinion of the company and not a contrary opinion.
- The Company and the research may not agree.
Conclusively, the research funded through conflict of interest is for positive assesment of the company and not the research.
For more details on conflict of interest kindly check brainly.com/question/25738147