Answer:
a) $14,600.
Explanation:
The computation of the company total assets are shown below:
= Cash balance + supplies balance + equipment balance
where,
Cash balance = investment amount + borrowed amount - paid amount for equipment
= $6,200 + $3,200 - $2,120
= $7,280
And, the other item values would remain the same
Now put these values to the above formula
So, the value would equal to
= $7,280 + $1,120 + $6,200
= $14,600
Answer:
The principal repaid in the second year will be $33,296.
Explanation:
Out of each 37,341.79 payment a part of it will be principal repayment and a part of it will be interest payment. When the first 100,000 is paid (0.059*100,000)=5,900 is interest and (37,341-5,900)= 31,441 is principal repayment which means, that in the second year the principal remaining is (100,000-31,441)=68,559. So the interest payment in the second year will be (0.059*68,559)=4,045 and the principal repaid will be (37,341-4,045)=33,296.
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Answer:
D. Star will be liable on the contract only if it adopts the contract.
Explanation:
Answer:
$3.55; $3.13
Explanation:
Calculation to determine what The unit production costs for July are:
Using this formula
Unit product cost = (Beginning work in progress + Cost added) / Number of units
MATERIALS
Unit product cost=($8000+$63,000) / 20,000 units
Unit product cost=$71,000/20,000
Unit product cost=$3.55
CONVERSION
Unit product cost = ($3750+$52500) / 18,000
Unit product cost=$56,250/18,000
Unit product cost=$3.125
Unit product cost=$3.13 (Approximately)
Therefore The unit production costs for July are:$3.55; $3.13
