All categories

3 years ago

The general designation of computer programs for performing tasks is called

1 answer:

7 0

The general designation of computer programs for performing tasks is called <span>application software, or software application. All of the tasks are made by algorithms designed and implemented by computer programmers. Algorithms are a mathematic way to convert the human process of thinking into "machine thoughts".</span>

You might be interested in

On January 1 of this year, Trucks R Us Corporation issued bonds with a face value of $ 2,000,000 and a coupon rate of 10 percent

Anestetic [448]

Bonds Payable amount reflected in balance sheet = $2192890

Face Value = $2000000

Coupon Rate = 10%

Maturity Period = 10 years

Number of compounding = 2

Interest = $2000000 * 10% * 6/12 = $100000

Period = 2 * 10 = 20

Maturity Value = Face Value = $2000000

Market Interest Rate semiannually = 0.085 / 2 = 0.0425

Market Value = Present Value of Future Cash Flows

= PV of Interest + PV of maturity value

= (Interest * PVAF (4.25%, 20)) + (Maturity Value * PVIF (4.25%, 20))

= (100000 * 13.29437) + (2000000 * 0.434989)

= $1329437 + $869978

= $2199415

Since market value is greater than face value, we can say that bonds are issued at a premium.

Premium = $2199415 - $2000000 = $199415

Journal Entry to record the issuance of bonds:

Cash a/c Dr $2199415

To Bonds Payable a/c $2000000

To Premium on the issue of bonds $199415

Bonds Payable amount is a liability account that carries the quantity owed to bondholders by way of the company. This account usually seems in the lengthy-term liabilities section of the stability sheet, on account that bonds usually mature in more than one year.

Learn more about Bonds Payable amount here: brainly.com/question/7158291

#SPJ4

6 0

1 year ago

Junkyard Arts, Inc., had earnings of $290,400 for the year. The company had 52,000 shares of common stock outstanding during the

Kay [80]

Answer:

The basic EPS for Junkyard Arts, Inc. is $5.2 per share.

Explanation:

The basic earnings per share is the amount of net income that is earned per share of common equity or the amount of net income attributable to each share of common stock. The basic earnings per share (EPS) is calculated using the following formula,

Basic EPS = (Net Income - Preferred stock dividend) / Weighted average number of common shares outstanding

The preferred stock dividend for the period was = 8 * 2500 = 20000

Basic EPS = (290400 - 20000) / 52000

Basic EPS = $5.2

3 0

3 years ago

If a nation has gdp of $12,500 billion and gdp per capita of $62,500, what is the nation's population?

ira [324]

$12,500,000,000/$62,500 = 200,000,000

What Is the GDP Per Capita?

A country's economic output is broken down by its per-capita gross domestic product (GDP), which is derived by dividing the GDP by the population.

By dividing a country's GDP by its population, the per capita GDP may be used to measure a nation's economic production per person.

Economists use it along with GDP to examine a country's prosperity based on its economic growth. It is a global indicator of a country's level of prosperity. It is frequently evaluated alongside GDP, enabling economists to compare the productivity of different nations. The analysis of the global per capita GDP offers information on the health and trends of the world economy. The greatest per capita GDPs are typically found in small, wealthy countries and more advanced industrialized nations.

A comparative understanding of economic prosperity and global economic advancements can be gained by analyzing GDP per capita on a global scale. The per capita calculation takes into account both GDP and population. Therefore, the highest GDP per capita may or may not be found in the highest GDP countries.

To lean more about GDP Per Capita from the given link.

brainly.com/question/18414212

#SPJ4

8 0

2 years ago

Beaver Construction purchases new equipment for $50,400 cash on April 1, 2015. At the time of purchase, the equipment is expecte

mariarad [96]

Answer:

Beaver Construction

1. Journal Entry:

April 1, 2015:

Debit Equipment $50,400

Credit Cash Account $50,400

To record the purchase of new equipment for cash.

2. December 31, 2015:

Debit Depreciation Expense-Equipment $5,400

Credit Accumulated Depreciation - Equipment $5,400

To record the depreciation expense for the period.

3. Adjusted balances of Accumulated Depreciation and Depreciation Expense at December 31, 2015:

a) Accumulated Depreciation - Equipment

Beginning balance $0

Depreciation Expense $5,400

Ending balance $5,400

b) Depreciation Expense-Equipment $5,400

Explanation:

The depreciation expense for equipment is $5,400 ($600 x 9) since the depreciation charge for each month is $600. The equipment was used from 9 months from April 1 to December 31 in 2015. This implies that only $5,400 will be charged to Income Statement for the period.

7 0

3 years ago

His income increased dramatically;from$5000 a year to $60,000 a year. Jim decides that instead of using the bus, he would buy a

svet-max [94.6K]

Answer:

This implies that bus is an inferior good and car is a normal good.

Explanation:

Initially, Jim's income was $5000 a year.

As his income increases to $60,000 a year, he decides to buy a car instead of using the bus.

In other words, with the increase in income, the demand for traveling by bus is declining.

This implies that it is an inferior good.

The demand for the car is increasing with an increase in income.

So, the car is a normal good.

An inferior good can be defined as a product that shows negative elasticity. This means with an increase in income its demand declines an vice versa.

A normal good can be defined as a product that shows positive income elasticity. That is, its demand increases with rise in income and vice versa.

4 0

3 years ago