Answer:
Relevant Range
Explanation:
The production range between 120000 and 150000 is called the "Relevant range".
This production range is called Relevant range because the expected fixed cost will not vary if the production is in the range 120000 to 150000.
Also, the for increase in production more than 150000 will lead to the extra cost or if the production is less than 120000 the company may need to reduce its fixed cost.
A manager's operation had sales this period of $89,775. last period sales were $85,500. So the manager's percentage sales increase for this period when compared to last period was 5% .
The percentage increase is the measure of the percentage change. The percentage increase is defined as the ratio of increased value to the original value and then multiplied by 100. Here the increased value can be calculated by taking the difference between the final value and the initial value. The formula to calculate increase is given by -
Percentage Increase = [(Final value – Original value) × 100] / Original value %
In this case, original value is $85500 and the final value is $89775, then the percentage increase is:
Percentage Increase = [(89775-85500) ×100]/85500
= 427500/85500
= 5%
So, the percentage increase will be 5% .
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Answer:
d. The $1,500,000 is not taxable because Detroit settled the case
Explanation:
The $1,500,000 is not taxable because Detroit settled the case, Compensation received of damaging Goodwill is not taxable.
Answer:
Unamortized discount is $43,700
Explanation:
Unamortized bond discount=original bond discount-amortization to date
original bond discount is $46,000
Amortization =interest payable-interest expense
interest payable=$400,000*10%*6/12
=$20,000
Interest expense=$354,000*10%*6/12
=$17,700
amortization of discount=$20,000-$17,700
=$2300
unamorized bond discount=$46000-$2300
=$43,700
The unamorized bond discount at the end of the first six months is $43,700
For the given question, the summation that represents the money in account is:
The principal amount if compounded annually, the formula that represents the amount to be received after n years is:
where A is the amount received after compounding, P is the principal, r is the rate of interest and t is the tenure.
<h3>Solution:</h3>
Given:
Annual interest rate(r) is 5.5%
Principal is(P) $300
Tenure is(t) 10 years
On substituting the values in the formula
The amount received after compounding at the end of 1 year will be:
Similarly, the amount to be received after 2 years will be:
The amount received after 10 years will be:
upto 10 years
Therefore the summation that represents the money in account after 10 years is:
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