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3 years ago

What are two jobs that ms. haddix did before she published her first book?

1 answer:

8 0

<span>The specific person is not known. In order to give the best response to this question, the data or the information that was given at the start of the question needs to be provided. Making the data attached would help us to make the best answer and not make an educated guess as this would be impossible.</span>

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At the beginning of 2021, VHF Industries acquired a machine with a fair value of $4,803,660 by issuing a three-year, noninterest

Serga [27]

Answer:

a. What is the effective rate of interest implicit in the agreement?

I used an Excel spreadsheet and the RATE function:

PV = 4,803,660

FV = 6,000,000 (optional)

Nper = 3

Payment = -2,000,000

Rate = 12%

b. Prepare the necessary journal entry.

Dr Machinery 4,803,660

Dr Discount on notes payable 1,196,340

Cr Notes payable 6,000,000

c. Suppose the market value of the equipment was unknown at the time of purchase, but the market rate of interest for notes of similar risk was 11%. Prepare the journal entry to record the purchase of the equipment.

we would need to determine the present value, again using an Excel spreadsheet and the PV function:

PV = $4,887,429.43 ≈ $4,887,429

Dr Machinery 4,887,429

Dr Discount on notes payable 1,112,571

Cr Notes payable 6,000,000

8 0

3 years ago

Which two skills or abilities are important for a school counselor?

gtnhenbr [62]

Explanation:

Active listening skill:

Listening skill is very essential for answering to the queries raised my students. The job of counselor is to counsel candidates according to requirement. He/she must understand the candidate background and also the expectation of the school, in order to match and provide necessary counselling.

Leadership skill:

He/ She should possess good leadership skill to show the path to others. He/she is the person who guides others, so this is a quality of good leader.

5 0

4 years ago

Read 2 more answers

A man with $20,000 to invest decides to diversify his investments by placing $10,000 in an account that earns 5.2% compounded

Fynjy0 [20]

Answer:

9.749 years

Explanation:

Given that :

Principal, P = 20,000

Total investment A = 35000

Investment 1:

P = $10,000

Compounded continuously at r = 5.2% = 0.052

A = Pe^rt

Investment B:

P = $10,000

Compounded annually at r = 6.4% = 0.064

A = P(1 + r)^t

Hence, final amount, A on both investment = 35000

A = Pe^rt + P(1 + r)^t

35000 = 10000e^0.052t + 10000(1 + 0.064)^t

Divide through by 10000

3.5 = e^0.052t + 1.064^t

t = 9.749123

t = 9.749 years

8 0

3 years ago

Reducing (and sometimes eliminating) the size of engineering staffs has become a recent trend among airlines since they are no l

Serga [27]

Answer:

True

Explanation:

From recent trends, it has been shown that airlines are cutting down on their engineering crew because most airlines are no longer involved in the designing of new aircraft as it was in the developmental stages of airplanes, what they do now is improving on existing models thus there is no need for a large engineering staff, what is require is just a few aircraft maintenance and repair staff.

4 0

4 years ago

Wilson Tech’s production cost data for the current period is: Beginning work in process inventory: 19,000 units Units transferre

tatiyna

Answer:

the equivalent units of production for conversion costs is 12,280.

Explanation:

<u>Calculation of the equivalent units of production for conversion costs.</u>

Units transferred out (9,800 × 100 %) = 9,800

Units of ending work in process (6,200 × 40%) = 2,480

Equivalent units of production for conversion costs =12,280

8 0

3 years ago