Answer:
a. Journal entry to record the issue of notes
Date Account Title & Explanation Debit $ Credit $
Jan 1 Cash 350,000
Notes Payable 350,000
(To record the issue of notes payable)
b. Calculation of Interest Expenses
Particulars Amount $
Beginning balance of loan payment 350,000
Annual interest rate 4%
Interest expenses 14,000
Hence the interest expenses = $14,000
Principal amount is calculated as the difference between the annual payment and the interest expenses as seen below
Particulars Amount $
Annual payment 96,590
Less: Interest expenses 14,000
Principal Payment 82,590
Hence, the principal payment =$82,590
Definition: Equity finance is a method of raising fresh capital by selling shares of the company to public, institutional investors, or financial institutions. They provide the company with much needed capital to sustain business in exchange of shares or ownership in the company. ...
Answer:
-$18,375
Explanation:
The computation of the net present value is shown below;
In the case when the operating cash flow is $56,200 for 5 years and the rate of return is 15.2% so the present value is $187,502 by using the financial calculator
In the case when the net after tax salvage value is $67,000 for the 5 year and the rate of return is 15.2% so the present value is $33,023 by using the financial calculator
Now the net present value is
= $18,7502 + $33,023 - $238,900
= -$18,375
Answer:
<u> PID Controller</u>
Explanation:
Known for its stability and efficiency, the PID (proportional integral derivative) controller would be the best type of controller used in this case.
Remember, a <u>controller </u>basically is a name attributed to the device architecture that allows the controlling of temperature, pressure, and flow processes.
Hence, since there is a lot of noise in the shampoo manufacturing system, having persistent errors which happen suddenly, the use of a PID Controller should able to detect and resolve the issue.