Expenditures that add to the utility of fixed assets for more than one accounting period are

If the economy weakens, there is ____ pressure on interest rates. if the federal reserve increases the money supply there is ___

kifflom [539]

A. economy weakness go upward then downward hope that helps

3 0

3 years ago

Seth borrows X from Tina and agrees to pay it back over 20 years using the sinking fund method. At the end of each year, Seth wi

guapka [62]

Answer:

The outstanding balance immediately after 12 years is $5,071.34.

Explanation:

Amount available in sinking fund account at the end of 12 years is given by:

( S ) = D*( (1+r)12 - 1 )/r

Where :

D = annual deposit at the end of every year = $ 400

r = interest earned on the depost = 3%

then:

S = 400 * ( ( (1+3%)12 - 1 ) / 3%)

= $ 5,676.81

it is also mentioned that the sinking fund amount balance at the end of 20 years should be equal to repay the principal amount borrowed

so, sinking Fund at the end of 20 years would be :

T = D * ( (1+r)20 - 1 ) / r

= 400 * ( ( (1+3%)20 - 1 ) / 3%)

= $ 10,748.15

So, Seth has borrowed $ 10,748.15 from Tina which has to be paid at the end of 20 years.

At the end of 12 years his sinking fund balance would be equal to $ 5,676.81

As, he keeps paying interest regualarly every year at the end of 12 years the outstanding balance would be

= (Total amount borrowed) - (Sinking Fund at the end of 12 years)

= $ 10,748.15 - $ 5,676.81

= $ 5,071.34

Therefore, The outstanding balance immediately after 12 years is $5,071.34.

3 0

3 years ago

The outstanding capital stock of Edna Millay Corporation consists of 2,000 shares of $100 par value, 8% preferred, and 5,000 sha

patriot [66]

Answer:

A. The preferred stock is noncumulative and nonparticipating

preferred dividends = $100 x 2,000 x 8% = $16,000

common stocks = $90,000 - $16,000 = $74,000

Preferred dividends not paid to noncumulative preferred stocks are "lost" and will not be paid in the future.

B. The preferred stock is cumulative and nonparticipating.

preferred dividends = ($100 x 2,000 x 8%) x 3 years = $48,000

common stocks = $90,000 - $48,000 = $42,000

C. The preferred stock is cumulative and participating.

preferred dividends = [($100 x 2,000 x 8%) x 2 years] + $25,777.60 = $57,777.60

common stocks = $90,000 - $57,777.60 = $32,222.40

When preferred stocks participate in the company's earnings, they receive an additional revenue proportional to the dividends received by common stockholders.

$32,222.40 / $250,000 (common stocks) = 12.8888%

$200,000 x 12.8888% = $25,777.60

3 0

3 years ago

If you're introducing your boss, Mr. Schott, the company's president, to a visiting sales representative, Ms. West, you would sa

Paraphin [41]

Hi again!

I don't know why but I feel like your questions are funny at the same time.

Anywayz, the correct answer is option C

It shows friendship and trusted. And this is the best way to introduce someone.

I hope this helps!

8 0

3 years ago

Read 2 more answers

According to the AAPC Code of Ethics, which term is NOT listed as an ethical principle of professional conduct?

Tcecarenko [31]

Answer:

The correct answer is letter "E": Efficiency.

Explanation:

The American Academy of Professional Coders (AAPC) is the organization in the U.S. in charge of certifying administrative workers of the healthcare system such as billers, coders, and practice managers. The certifications the AAPC provides are medical coding, medical auditing, physician practice management, just to mention a few.

Within its code, the AAPC establishes five (5) principles of professional conduct which are integrity, respect, commitment, competence, and fairness. Efficiency is not one of them.

7 0

3 years ago