3 years ago

Which of these would be a good candidate for a one-variable data table and payment function?

1 answer:

7 0

The correct option is this: CHECKING SCENARIOS WITH VARIABLE DOWN PAYMENT.
A data table is a range of cells, which shows how changing one or two variables in one's formula can affect the value of that formula.
In excel, instead of creating several scenarios, one can create a data table with which one can quickly try out different values for formula.<span />

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A company had common stock with a total par value of $18,000,000 and fair value of $62,000,000; and 7% preferred stock with a to

arlik [135]

Answer:

$7,000,000

Explanation:

Accounting for Non-Controlling Interest requires measurement of stock at Fair Value.

Total fair value of firm = Fair value of common stock + Fair value of preferred stock

= $62,000,000 + $8,000,000

= $70,000,000

90% of equity represent the extent of controlling interest in the firm. Thus, remaining 10% will be the value of non-controlling interest.

As already discussed, non controlling interest requires measurement at fair value:

Non-Controlling Interest = Total Fair Value x Percentage of Non-Controlling Interest

= $70,000,000 x 10%

= $7,000,000 (Answer)

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3 years ago

A entry to a liability account decreases the account balance

alexira [117]

Answer:

Asset accounts. A debit increases the balance and a credit decreases the balance. Liability accounts. A debit decreases the balance and a credit increases the balance.

Explanation:

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3 years ago

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patriot [66]

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2 years ago

A student is writing a research paper about the poetry of the Harlem Renaissance. Which style guidelines will the student most l

Feliz [49]

Answer:

B: Modern Language Association (MLA)

Explanation:

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2 years ago

Booker Petroleum Refiners (BPR) has an issue of 8-year, 11% annual coupon bonds outstanding. The bonds, which were originally is

Rzqust [24]

Answer:

$1,238.85

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Future value = $1,000

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The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $1,238.85

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2 years ago