<span>Known liabilities of estimated amounts are: Reported on balance sheet
In accounting, balance sheet represents an overview of total assets, liability, and owner's equity within a financial period.
A number of Assets that written on the balance sheet should be equivalent to the amount of Liabilities + Owner's equity</span>
Option D, When a company issued 25,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would include a debit to Additional Paid-in Capital for $225,000.
<u>Explanation:
</u>
A debit for money is included as a record of the issue of ordinary stocks at a rate above par. The question price increases cash (debit). Credit for both common stocks (increased) and payout equity exceeding the common stock (increased) would be included in the journal entry.
The Journal Entry would be,
Debit Cash is $250,000 ($25,000 shares x $10)
Credit Common Stock is $25,000 ($25,000 shares x $1)
Additional paid-In capital in excess par—common stock is $225,000 ($250,000 - $25,000)
Answer:
A. Multifactor productivity
Original Value of output 2500 un. x $200/un. = $500,000 Value of input 2500 un x $120/un. = $300,000 Multi-factor productivity $500,000/$300,000 = 1.67 Overtime Value of output 4000 un. x $200/un. = $800,000 Value of input 4000 un. x $144/un. = $576,000 Multi-factor productivity $800,000/$576,000 = 1.39 Multi-factor productivity (1.67 – 1.39) / 1.67 = 16.8% decrease
B. LABOR PRODUCTIVITY
Original Value of output 2500 un. x $200/un. = $500,000 Input = (100 people x 40 hr/person) = 4000 hours Labor productivity $500,000/4000 hr = $125/hr Overtime Value of output 4000 un. x $200/un. = $800,000 Input = (100 people x 72 hr/person) = 7200 hours Labor productivity $800,000/7200 hr = $111/hr Labor productivity ($125/hr – $111/hr) / $125/hr = 11.1% decrease
C.GROSS PROFITS
Original $500,000 - $300,000 = $200,000 Overtime $800,000 - $576,000 = $224,000
$24,000 increase
Answer:
$47,385.34
Explanation:
In this question, we use the future value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $8,000
Rate of interest = 5%
NPER = 18 years
PMT = $1,000
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the answer would be $47,385.34
Answer:
$1,060.75
Explanation:
the yield to maturity of the second bond is to 4% semiannual or 8.16% effective annual rate.
so we have to calculate the quarterly interest rate that yields an effective annual rate of 8.16%:
0.0816 = (1 + i)⁴ - 1
1.0816 = (1 + i)⁴
⁴√1.0816 = ⁴√(1 + i)⁴
1.0198 = 1 + i
i = 0.019804 = 1.9804%
now we must discount the first bond using that effective interest rate:
PV of face value = $1,000 / (1 + 4%)²⁰ = $456.39
PV of first 20 coupon payments = $20 x 16.38304 (PV annuity factor, 1.9804%, 20 periods) = $327.66
now we must find the value of the last 20 coupon payments but at the end of year 5 = $25 x 16.38304 = $409.58. Then we calculate the PV = $409.58 / (1 + 4%)¹⁰ = $276.70
the bond's current market value = $456.39 + $327.66 + $276.70 = $1,060.75