Answer:
Received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share
Dr. Cr.
Cash $40,000
Common stock @ 1 $1,000
Add-In capital Common Stock $39,000
Purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer
Dr. Cr.
Equipment $15,000
Cash $3,000
Account Payable $12,000
Borrowed $10,000 cash from a bank
Dr. Cr.
Cash $10,000
Bank Loan $10,000
Loaned $800 to an employee who signed a note.
Dr. Cr.
Note Receivable $800
Cash $800
Purchased $13,000 of land paid $4,000 in cash and signed a mortgage note for the balance
Dr. Cr.
Land $13,000
Cash $4,000
Mortgage Note Payable $9,000
Now click on the BACKPACK tab. As you select each layout issue, you'll upload the DESIRABILITY of your backpack and its manufacturing cost. the first is to have a function DESIRABILITY of a minimum of ninety%.thât as you make alternatives, your backpack STATS and Production cost will trade.
Production cost discusses all the direct and oblique charges groups face from the production of a product or presenting a service. production expenses can include a ramification of prices, such as hard work, uncooked substances, consumable production components, and fashionable overhead.
The price of production is the full fee incurred by using a business to either produce a product or offer their services. manufacturing fees typically include materials and uncooked substances which can be consumed during manufacturing, at the side of labor costs.production value components = Direct exertions + Direct fabric + Overhead charges on manufacturing.
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Okay this question is a little tricky but I think the answer is B because he was one of the authors of the communist manifesto that states that the means of the production (Which is resources and the buildings that make the goods.) is Managed by the government. So that’s why I think it is B have a nice day :D
Answer:
8
Explanation:
Amount he can spend on tacos = income - total price of milkshakes
total price of milkshakes = 2 x 10 = 20
100 - 20 = 80
quantity of tacos = 80 / 10 = 8
Question:
Graded assignment(towards 15% Hw grade) Saved Help Save& Exit Submit Check my work Your landscaping company can lease a truck for $7,800 a year (paid at year-end) for 6 years. It can instead buy the truck for $38,000. The truck will be valueless after 6 years. The interest rate your company can earn on its funds is 7%. 10 points
What is the present value of the cost of leasing?
Answer:
Cost of lease = $37,179.01
Explanation:
Leasing is a finance arrangement where one party (the lessor) transfers the right to use an asset to another party (the leasse) in exchange for a rent.
The cost of a lease to the leasee is the present value of the future lease payment discounted at the cost of capital.
So using the present value of annuity formula, we can work out the cost of the lease arrangement as follow:
PV =A× (1- 1+r)^(-n)/r
PV- Present Value
r- interest rate
n- number of years
A- annual lease payment
PV -
A-7,800
r-7%
n-6
PV = 7,800× (1- (1.07)^(-6)/0.07 = 37,179.01
Present Value = $37,179.01
Cost of lease = $37,179.01
