Answer
The note must be reported on the balance sheet as of December 31 for the total outstanding value, since the refinancing does not change the value to be paid only affects the terms and interests, also the financing will only be made in January of year 2
Answer:
$950
Explanation:
Reserve ratio is defined as the percentage amount of deposit that a bank is instructed by the governing central bank to keep as cash reserve. This is used to control the money supply in the economy as the the check - able amount that are subjected to withdrawal is limited to the funds available after the reserve ratio has been considered.
Workings
New deposit - $10,000
Required reserve ratio - 5%
No existing excess ratio as at the time of deposit.
Reserve ratio - 5%*10000 = 50
Increase in checking account = 1000-50
= $950
Answer and Explanation:
The computation is shown below:
But before reaching to the final answers, first determine the contribution margin per unit which is
a. Contribution margin per unit =Sales-Variable cost
= $80 - $43
= $37 per unit
Now
Breakeven = Fixed expenses ÷ Contribution margin
= $340,400 ÷ $37
= 9,200 units
b.Contribution margin = Sales - Variable cost
= $80 - $46
= $34 per unit
Now
New Breakeven = Fixed expenses ÷ Contribution margin
= $270,000 ÷ 34
= 7,941 units
Answer:
Operating loss will decrease by $20,000
Explanation:
Operating loss from normal business activities and if the division is not shut down = $150,000.
Operating loss if division is shut down by the management = $130,000 ($480,000 - $350,000) because the management has determined that $350,000 of the $480,000 Fixed Costs shown would be eliminated if that happens.
So, if the Northern Division is shutdown, the Operating loss will decrease by $20,000 (From $150,000 to $130,000)
Answer:
A) There is a 50% chance the game ends in a tie, 10% chance you win (and therefore a 40% chance you lose).
expected value = (50% x 20) + (10% x 50) + (40% x 0) = 10 + 5 + 0 = 15
B) There is a 50-50 chance of winning and there are no ties.
expected value = (50% x 50) + (50% x 0) + = 25 + 0 = 25
C) There is an 80% chance you lose and a 10% chance you win or tie.
expected value = (10% x 20) + (10% x 50) + (80% x 0) = 2 + 5 + 0 = 7
The expected value of an event is determined by adding up all the possible outcomes multiplied by their respective value.
