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2 years ago

Mill Co.'s trial balance included the following account balances at December 31, Year 6:

Business

1 answer:

o-na [289]2 years ago

4 0

Answer:

D) $45,000

Explanation:

The computation of the amount which is included in the current liability section is shown below:

= Account payable balance + bonds payable - discount on bonds payable + dividend payable

= $15,000 + $25,000 - $3,000 + $8,000

= $45,000

The current liability is that liability which is arise for one year. Since, the notes payable is a long term liabilities so we do not consider in the computation part.

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Judy, looks after Kaelyn's four-year-old twins so Kaelyn can go to work (she drops off and picks up the twins from Judy's home e

MrRissso [65]

Answer:

$1,440

Explanation:

Judy is not a dependent relative of Kaelyn, therefore the expenditures are qualified up to $6,000 (for two qualifying persons).

Thus the applicable percentage is 24%.

($6,000×24%)

=$1,440 allowable credit

Therefore the amount of Kaelyn's child and dependent care credit if her AGI for the year was $36,600 will be $1,440

4 0

3 years ago

(a) Argue whether or not a firm should continue production if its MR is lower than its AVC. (b) Support your argument with expla

Delvig [45]

Answer: A firm should not continue production when its MR is lower than its AVC.

Explanation:

The goal of every firm is to minimize cost and also maximize profits and therefore the firm will operate at the output level where the marginal revenue and the marginal cost equates.

A firm should not continue production when its MR is lower than its AVC. Here, the firm will incur a higher loss during production as producing will not offset the variable cost. Therefore, it's better to shut down.

4 0

3 years ago

The total number of points of work a team can accomplish in each scrum period is called? ________.

sasho [114]

Hey there!

The correct answer to your question is "velocity."

The total number of points of work a team can accomplish in each scrum period is called velocity.
Velocity is basically the rate of points you can receive in each course of working.

I hope this helps you.

Have a great day! :)

3 0

3 years ago

Read 2 more answers

You are holding a stock that has a beta of 1.85 and is currently in equilibrium. The required return on the stock is 28.95%, and

Karo-lina-s [1.5K]

Answer: 41.90%

Explanation:

First calculate the risk free rate:

Required return = risk free rate + beta * (Market return - risk free rate)

28.95% = rf + 1.85 * (18% - rf)

28.95% = rf + 33.3% - 1.85rf

28.95% = -0.85rf + 33.3%

0.85rf = 33.3% - 28.95%

rf = 4.35%/0.85

rf = 5.12%

New required return;

Required return = risk free rate + beta * (Market return - risk free rate)

= 5.12% + 1.85 * (25% - 5.12%)

= 41.90%

3 0

2 years ago

Ryan Lock had planned his trip to the Olympic Games in Rio de Janeiro, Brazil, for many months. He had budgeted-saved-$15 comm

WITCHER [35]

Answer:

He should have exchanged the dollars for real in January 2016 to maximize his Brazilian spending. The exchange rate in January will result to highest Real (BRL) of R$<em>59,463.00</em>

Explanation:

To arrive at R$ equivalent of $15,000 on monthly basis, since BRL=1.00 USD, multiply R$ exchange rate each month by $15,000.

For January, 3.9642*15,000= R$59,463.00

February 3.8402*15,000= $57,603.00, etc.

Solution

S/N Month BRL=1.00 USD BRL Equivalent(R$)

1 January 3.9642 59,463.00

2 February 3.8402 57,603.00

3 March 3.6086 54,129.00

4 April 3.6851 55,276.50

5 May 3.5843 53,764.50

6 June 3.5493 53,239.50

7 July 3.2331 48,496.50

8 Aug-08 3.2312 48,468.00

8 0

3 years ago