Answer:
Neither of the options are correct because the correct answer is $60,000
Explanation:
The accrued interest payable is dependent upon the contract and in the contract timing of interests, principal payments and interest rates are agreed. So interest rate agreed must be used not the market rate. The interest accrued can be calculated on the principal amount not paid yet.
The first payment has been paid and the principal amount not yet paid is:
Principal amount not yet paid = $27,00,000 - $27,00,000/3 = $18,00,000
The interest accrued at the end of year relates to only 4 months (1 September to 31 December) which can be computed on principal amount not yet paid.
Interest accrued = 10% interest rate * 4/12 months * $18,00,000 principal amount unpaid
Interest accrued = 0.1 * 4/12 * $18,00,000 = $60,000
Answer:
Depreciation expense Office equipment = 1,200.00
Depreciation expense Computer equipment = 5,000.00
Explanation:
The difference between accumulated depreciation represents the depreciation charge that was made during the first quarter of the 2018 accounting year.
Then depreciation charges for the first quarter are calculated as follows:
Depreciation expense Office equipment = 800 – 400 = 400
Depreciation expense Computer equipment = 2,500 – 1,250 = 1,250
Since there are 4 quarters in an accounting year, the depreciation charge in 2018 is calculated as follows:
Depreciation expense Office equipment = 400 * 4 = 1,200
Depreciation expense Computer equipment = 1,250 * 4 = 5,000
Answer: Ethical leadership
Explanation: This refers to the leadership style which focuses on honesty, fairness and dignity etc. in the operations of the business. The managers following this style of leadership takes stakeholders satisfaction as their top priority.
In the given case, theo chocolates starts holding same standards for performance within which they hold for their suppliers, thus maintaining their dignity.
Hence from the above we can conclude that this case illustrates ethical leadership style.
$28,571 is Emma's adjusted basis in the necklace.
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Explanation:</u></h3>
Emma's basis will be summation of her grandmother's basis in the property and the share of the gift tax attributable to the appreciation corresponding to the gifted date.
$20,000 + [$10,000 × ($50,000-20,000) / $35,000]
$20,000 + [($10,000 × $30,000) / $35,000]
$20,000 + [($10,000 × $30,000) / $35,000]
$20,000 + [$3000,000,000 / $35,000]
$20,000+$8571
$28,571.
Answer:
Debt = 70%, Equity = 30%, EPS = $3.42, Stock price = $30.40, Cost of Debt = 5.0%, , Capital Budget $ 14 Million
Explanation:
The goal of the manager is to create the most welalth in favor of the stockholerd that is to provide the best earning per share for them.
Increasing the firm earnings per share is ensuring the creation of value to the stockholders. While the different structure have different risk the stockholder will manage the risk by eling the share of what they consider unbearable risk and purchase form company's they consider acceptable. So maximizing the Earning per share even at cost of icnreasing the risk the way to go from the managers.