Answer:
$31.24 is the current value of one share at a discount rate of 12 percent
Explanation:
Price today = [PVF 12%, 2 *d2]+[PVF12%,4 ] + [PVF 12%, 5 * P]
=[.79719* 2 ] +[.63552*2] + [ .56743*50]
= 1.5944+ 1.2710+ 28.37
= 31.24
This is a little hard to read but:
Youth savings - schools often sponsor it
Stock-indexed - rate rises and falls with the market
Credit Union - members own it
Online Account - minimal overhead means higher interest
Answer:
The Adjustment Entry for accrual of Interest Expense will be as follows:
Dr. Cr.
Interest Expense $840
Interest accrued Payable $840
Explanation:
Interest per day = $28
Interest expense for the Month = $28 x 30 = $840
$840 of Interest expense will be accrued at the end of the month and it should be adjusted accordingly.
The modular structure would be more effective for a company making technology with specialized components (false option)
Business modular structure is a term that refers to a type of structure in which a company is subdivided into specialized small units in some particular aspect of the production process.
This type of structuring is the best option for a company that makes specialized technological objects because each subdivision of the company can focus on different processes with greater specificity.
On the other hand, this structure allows the company to constantly improve itself because a major restructuring is not required when a failure is detected but can be quickly amended in the subdivision that presents problems.
Additionally, customer divisional structure is not the best option for this company because it is not necessary to segment the target audience since its products are highly specialized and are already aimed at a specific market segment.
Learn more in: brainly.com/question/11797076
A company would trace direct-material cost to each product produced and use a predetermined application rate for conversion cost.
Explanation:
In this operation costing system the cost of the operation and the process cost are in parallel with the conversion cost and when when a company uses this they trace the direct material cost to each of the product produced and they predetermine the application rate of the conversion cost
The raw materials are manufactured in one way and the individual products are manufactured in another way and hence there is a mix of both the jobs and the prices may vary. Hence to avoid this confusion operation costing system was introduced
