Answer: Amount of supplies expense = $700
Explanation:
Given the following :
Amount of supplies at the beginning of the year = $1000
Amount of supplies which remained unused = $300
Amount of supplies expense at the end of the fiscal year = Amount of used supplies
Amount of used supplies = (amount of supplies at beginning - amount of unused supplies)
Amount of used supplies = ($1000 - $300)
Amount of used supplies = $700
Therefore, amount of supplies expense = $700
Answer:
$1,000
Explanation:
The above means that for every $1 increase in the market value in a long margin account, the SMA increases by $0.50
If the market value rises to $22,000, the account will show
Long market value - Debit = Equity % SMA
$22,000 - $10,000 = $12,000
Against $22,00 of market value, 50% can be borrowed or $11,000. Since the debit is $10,000, an additional $1,000 can be borrowed . This is the SMA
Answer:
Results are below.
Explanation:
Giving the following information:
Inflation rate= 7%
Real rate of return= 10%
Present value (PV)= $10,000
Number of periods (n)= 10 years
<u>The real rate of return incorporates the effect of the inflation rate. Therefore, the nominal rate of return:</u>
Nominal rate of return= 0.1 + 0.07= 17%
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 10,000*(1.17^10)
FV= $48,068.28
This is the n<u>ominal valu</u>e received after ten years.
<u>If Sally wants to determine the real value of the investment after 10 years, we must use the real rate of return:</u>
<u></u>
FV= 10,000*(1.1^10)
FV=$25,937.42
Answer:
Maturity value; Default; Sinking fund provision; Call provision.
Explanation:
Maturity value is the sum payable to an investor toward the finish of a debt instrument's holding period (maturity date).
Sinking fund provisions means a provision in some bond indentures requiring the backer to set cash aside to reimburse bondholders at maturity.
A call provision is a provision on a bond or other fixed-pay instrument that enables the guarantor to repurchase and resign its bonds.
Answer:
$3.389
Explanation:
Data provided as per the question below
Fixed cost = $300,000
Variable cost = $200,000
Total cost = $500,000
Units produced = 59,000
The computation of variable cost per unit is shown below:-
Variable cost per unit = Variable cost ÷ Units produced
= $200,000 ÷ 59,000
= $3.389
Therefore we applied the above formula.
