Answer:
Debit equipment for the amount of $140,000
Explanation:
Based on the information we were told that the industries purchased an equipment for the amount of $140,000 in which the equipment is expected to be use over the next 10 years which means that Recording this transaction would include a DEBIT to equipment for the amount of $140,000 which is the amount that was used to purchased the equipment.
Hence, we are going to Dr Equipment for $140,000
Answer:
The correct answer is letter "C": music downloads and CDs are substitutes, and music downloads and MP3 players are complements.
Explanation:
Substitute goods or services are competitors. The use of one of them represents the replacement of the other. On the other hand, complementary goods are those that work better together. Typically, the demand in one of them is directly proportional to the demand of the other. It means, if more of product "A" is bought, more of product "B" will be purchased and vice versa.
Thus, <em>for Phil CDs and music downloads are substitutes while music downloads and MP3 players are complements.</em>
Answer:
5.5%
Explanation:
This is an Annuity Due question. In an annuity due, recurring payments occur at the beginning of the yearIt is asking for the RATE. Using a financial calculator(on BEG mode), input the following;
Duration; N = 25
Recurring payment; PMT = 23.6
Present value ; PV = -334
One-time future cashflow; FV = 0
Then compute the interest rate; CPT I/Y = 5.499%
Therefore, the lottery commission is using about 5.5% interest rate.
Answer:
6.442%
Explanation:
Given:
Amount borrowed from Wendy = $1,227
Charges on loan by Wendy = 4% = 0.04
Amount borrowed from Bebe = $1,143
Charges on loan by Bebe = 6% = 0.06
Amount borrowed from Shelly= $630
Charges on loan by Shelly = 12% = 0.12
Now,
Total cost of capital = $1,227 + $1,143 + $630 = $3,000
Weight of Wendy = 
= 
= 0.409
Weight of Bebe =
= 
= 0.381
Weight of Shelly=
= 
= 0.21
The weighted average cost of capital for Eric
= ∑ (weight × cost)
= 0.409 × 0.04 + 0.381 × 0.06 + 0.21 × 0.12
= 0.01636 + 0.02286 + 0.0252
= 0.06442
or
= 0.06442 × 100% = 6.442%
On June 19 the accounts receivable should be recorded at the spot rate: $228,190 ($190,000 Euros * $1.201), which is the rate at which the Euro and the US Dollar were being exchanged at the time.
Many US-based enterprises sell goods to companies abroad. Depending on the discussions and the circumstances surrounding the sale, these sales may be made in US dollars or in another currency. If the sale is made in a foreign currency, the US-based company will be responsible for any fluctuations in the exchange rate from the time the sale and receivable are recorded until the time the foreign currency is paid for the related foreign currency-related receivable.
The accounts receivable should be recorded (converted from Euros to US Dollars) at the spot rate on June 19: 190,000 Euros * $1.201, which is the exchange rate at that time between the Euro and the US Dollar, equals $228,190.
To learn more about Accounts Receivables, refer to this link:
brainly.com/question/14032135
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