Answer:
The number of shares that can be repurchased with $68,000 proceeds from issue of debt instrument is 3,147 shares as calculated below
Explanation:
The company's price per share is $21.61 ($388980/18000),hence the number of shares that can be repurchased with $68000 is computed thus:
number of shares to be repurchased=$68000/$21.61
=3146.691347
The number of shares to be repurchased is approximately 3147 shares
Parents could include their kids into interactive activities such as sports or social clubs.
Answer:
The annual amount of depreciation expense for each of the remaining years would be:
$6240
Explanation:
Equipment 82000
Life 5 years
Salvage 4000
Year Cost Annual Dep Book value
Year 1__________________ 78000 15600 62400
Year 2__________________ 62400 15600 46800
Year 3__________________ 46800 15600 31200
Year 4__________________ 31200 6240 24960
Year 5__________________ 24960 6240 18720
Year 6__________________ 18720 6240 12480
Year 7__________________ 12480 6240 6240
Year 8__________________ 6240 6240 0
Answer:
Gross pay
Explanation:
Gross pay is before all taxes and deductions. Therefore that value is greater than net pay which is after all taxes and deductions
Answer:
The correct answer is letter "B": Debt Service Fund.
Explanation:
Debt Service Funds (DSF) are governmental reserves destined to the payment of the principal and interest of determined debts. These debts represent long-term liabilities. The resources from where funds come are taxes levied by the DSF or transferred from general funds to the DSF.