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4 years ago

PUILPie CIUILE QUSLU11 00

Business

1 answer:

adell [148]4 years ago

4 0

Answer:

The journal entry to record the issuance of new stocks is:

Dr Cash 164,800

Cr Common stock 72,100

Cr Additional paid in capital in excess of par value 92,700

When you issue new stocks, the common stock account increases by par value (= 10,300 stocks x $7). Any money obtained over par value must be recorded under the additional paid in capital account (= 10,300 x $9).

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Your company has just purchased a new production machine for $100,000. They plan to use this machine for the next 5 years. The m

Kryger [21]

Missing information :

interest rate = 14%

Answer:

annual savings rate per operating hour $0.94

Explanation:

initial investment $100,000

total operating hours = 3,000 x 5 = 15,000 hours

savings first year $35,000

then decrease by 3% per year

annual savings:

year 1 $35,000

year 2 $33,950

year 3 $32,931.50

year 4 $31,943.56

year 5 $30,985.25

we need to determine the PV of the savings per year:

PV = $35,000/1.14 + $33,950/1.14² + $32,931.50/1.14³ + $31,943.56/1.14⁴ + $30,985.25/1.14⁵ = $30,701.75 + $26,123.42 + $22,227.82 + $18,913.15 + $16,092.77 = $114,058.91

NPV of investment = $114,058.91 - $100,000 = $14,058.91

annual savings per operating hour = $14,058.91 / 15,000 = $0.94

5 0

3 years ago

Which of the following is likely to INCREASE your monthly payment? Taking advantage of any special offers the dealership is prom

Elden [556K]

Answer:

Explanation:

4 0

4 years ago

Question 42 of 100. Millie's 2020 tax liability is $41,293. Her AGI is greater than $150,000. Her 2020 withholding is $36,910. H

Margarita [4]

Answer:

Millie doesn't owe any type of penalty, she owes taxes but not a penalty. Her 2020 withholdings were $36,910, which is almost 25% higher than her previous tax liability ($29,570).

The IRS can penalize you for not having enough tax withholdings only if you didn't pay at least 90% of your tax liabilities or if your withholdings were less than the tax liability of the previous year (whichever is less). In this case, the withholdings were more than last year's tax liability.

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3 years ago

Cynthia feels she is ready to move into her own apartment. She makes $2,000 per month. Does she make enough money to pay for the

Harrizon [31]

Yes because if u add them all up it comes out to be $1236

3 0

4 years ago

Read 2 more answers

Brian is a truck driver who delivers products throughout Massachusetts. His friend Chris is a traffic planner for the same state

DiKsa [7]

Answer:

Assuming that you can only choose one answer, the most suitable one would be (A) Chris designs models to make traffic flow better, which enables Brian to get to his company’s warehouse faster.

Explanation:

This answer is correct because Chris is a traffic planner – thus he merely designs the traffic flow, he does not create it, thus making answer (D) incorrect. Though (B) is true, it doesn’t relate to Chris’ career, making it false as well. As for (C), the answer is not correct because Chris doesn’t design the maps of the state, he only designs the traffic flow.

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3 years ago

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