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3 years ago

Help please!!

Business

1 answer:

vazorg [7]3 years ago

8 0

The amount your insurance company is willing to pay in case you,your property or others are hurt

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Barbara Jones is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market

nordsb [41]

Answer:

Zero-cupon bond= $612.52

Explanation:

Giving the following information:

Face value= $1,000

Number of periods= 5 years

Interest rate= 10.3% = 0.103

<u>To calculate the price of the bond, we need to use the following formula:</u>

<u></u>

Zero-cupon bond= [face value/(1+i)^n]

Zero-cupon bond= [1,000 / (1.103^5)]

Zero-cupon bond= $612.52

7 0

2 years ago

Prepare journal entries to record the following merchandising transactions of Cabela's, which uses the perpetual inventory syste

inessss [21]

Answer:

The journal entries are recorded below;

Explanation:

July 1.

1. Inventory Dr.$6,700

Accounts Payable Cr.$6,700

2. A/R Creek Co. Dr.$950

Sales Revenue Cr.$950

Cost of Goods Sold Dr.$558

Inventory Cr.$558

3. inventory Dr.$125

Cash cr.$125

8. Cash Dr.$2,400

Sales Revenue Cr.$2,400

Cost of Goods Sold Dr.$2,000

Inventory Cr.$2,000

9. Inventory Dr.$2,400

Accounts Payable-Leight Co Cr.$2,400

11. Accounts Payable Dr.$400

Inventory Cr.$400

12. Cash Dr.$931

Discount Allowed Dr.$19

A/R CreekCo. Cr.$950

16. Accounts Payable Dr.$6,700

Bank Cr.$6,566

Inventory Cr.$ 134

19. A/R Art Co Dr.$1,200

Sales Revenue Cr.$1,200

Cost of Goods Sold Dr.$800

Inventory Cr.$800

21. Allowance on Goods Dr.$200

A/R Art Co. Cr.$200

24. Accounts Payable Dr.$2,400

Bank Cr.$2,352

Inventory Cr.$48

30. Bank Dr.$1,000

A/R Art Co.(1,200-200) Cr.$1,000

31. A/R Creek Co. Dr.$6,900

Sales Revenue Cr.$6,900

Cost of Goods Sold Dr.$5,500

Inventory Cr.$5,500

7 0

3 years ago

Read 2 more answers

The Fabricating Department started the current month with a beginning Work in Process inventory of $10,000. During the month, it

Natalka [10]

Answer:

$13,000

Explanation:

Calculation for what The ending balance of the Work in Process Inventory account for the Fabricating Department is:

Beginning Balance 10,000

Add Direct Materials 76,000

Add Direct Labor 24,000

Add Factory Overheads 12,000

(50% *24,000)

Less Work Transferred (109,000)

Ending Balance $13,000

Therefore The ending balance of the Work in Process Inventory account for the Fabricating Department is:$13,000

6 0

3 years ago

Which of the following is a disadvantage of the corporation form of ownership?

Hoochie [10]

Answer:

Option C, Double taxation on profits and individuals

Explanation:

The disadvantages of the corporation form of ownership are as follows -

a) It takes lot of time and hence is time consuming

b) The taxation gets double

c) Also, the formalities/protocols are very tough

Hence, the option C is correct

5 0

3 years ago

As part of the initial investment, Ray Blake contributes equipment that had originally cost $101,300 and on which accumulated de

Mrrafil [7]

Answer:

This is a repeat question on Brainly but here you go.

Whether original cost or replacing cost is given in the question but we considered that cost in which the partner give their consent

So, the equipment amount should be debited at <em>$51,500 </em> instead of the original cost or the replacing cost

4 0

3 years ago