Answer:
Dr Organization costs ($12,000 + $3,000) 15,000
Dr Patent ($20,000 + $2,000) 22,000
Dr Equipment 30,000
Dr Preopening expenses 40,000
Cr Cash 107,000
Explanation:
Organization costs are the initial costs incurred to start a business. They include attorney fees, and any other legal and registration fees required by both municipal state and federal government.
Any fees related to the purchase of the patent, e.g. commissions paid or attorney fees must be included in the purchase cost of the patent.
Answer:
The trend line lies on the points (0,100) and (15,900)
Explanation:
Answer:
The quarterly deposit required is $980.69
Explanation:
Giving the following information:
I will assume that the retirement age is 65 years.
First, we need to calculate the future value required one year after retirement.
FV= 40,000*20= $800,000
Number of years= 66 - 30= 36 years*4= 144
Interest rate= 0.08/4= 0.02
Now, to calculate the quarterly deposit required, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (800,000*0.02) / [(1.02^144)-1]
A= $980.69
Answer:
The correct option is C,the funds have a positive cost that is less than new equity issues.
Explanation:
Retained earnings have costs attached to it because the common stockholders expect that the company would use its retained earnings effectively such that is able to pay dividends at year or in such a way that the company's stock share price appreciates(capital gains yield)
However, the cost of retained earnings is lower when compared with new equity issues since the new issue would require issue costs such as regulatory fees as well as underwriter's commission.
Answer:
Differs amounts between different countries
Explanation:
