I think its either a) or d) Tell me if I’m wrong
D. $2,333,572
To find the future value of annuity ordinary the formula is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT payment per year 3000
R interest rate 0.1025
N time 45 years
So
Fv=3,000×(((1+0.1025)^(45)−1) ÷(0.1025))=
<h2><u>$2,333,571.66
</u></h2>
Good luck!
Answer:
0.1609 and 0.8391
Explanation:
The computation of the weight required to compute the firm's weighted average cost of capital is shown below:
For Weight of debt
= (Short-term debt + Long-term debt) ÷ (Total Capital
)
= ($2,600 + $4,246) ÷ ($42,557)
= 0.1609
For weight of equity
= Common Equity ÷ Total Capital
= $35,711 ÷ $42,557
= 0.8391
We simply divide the debt with its total capital so that the weight of capital structure could arrive
Answer:
1. Depreciation expense 3600
Accumulated depreciation 3600
2.Unearned rent 330666
Rental income 330666
3. Interest expense 2100
Interest payable 2100
4.Cost of goods manufactured 2640
Supplies 2640
5. Insurance expense 2400
Prepaid insurance 2400
Explanation:
depreciation for the year = 300*12=3600
2. Earned rent was 62000/3*4=330666
3.Interest expense for the year = 525*4=2100
4.opening supplies were 3500 and ending were 860 so (3500-860)=2640 were consumed and 860 will be reported to balance sheet.
5. Opening prepaid insurance was =$3600
Insurance was expense out at the rate of $200 per month = 200*12=$2400
$1200 shall be reported to balance sheet.
The answer is: <span>cyclical because jobs are lost in many industries as they cut production
when the economy goes into recession, most people will have lower purchasing power which will force them to buy less products.
This situation will force companies to lower the amount of supply that they give to the market, which will lead to them cutting off several employees in order to maintain financial stability.</span>
