Answer:
It will take 10.058 years from today.
Explanation:
Giving the following information:
Present value= $1,091
Future value= $1,728
Interest rate= 12%
<u>First, we need to calculate the number of years it will take to transform the PV into the FV:</u>
<u></u>
n= ln(FV/PV) / ln(1+i)
n= ln(1,728/1,091) / ln(1.12)
n= 4.058 years
It will take 10.058 years from today.
Answer:
$57.69 per share
Explanation:
The computation of the stock price per share immediately after issuing the debt but prior to the repurchase is shown below
Price per share = Value of equity ÷ number of Shares
where,
Value of equity is
= Value of operations + T-bills value - Debt value
= $576,923 + $259,615 - $259,615
= $576,923
And, the number of shares is 10,000 shares
So, the price per share is
= $576,923 ÷ 10,000 shares
= $57.69 per share
We simply applied the above formula
Answer:
$2722.82
Explanation:
Present value of loan = $1,000 * [(1+5%)^3 - 1]/ 5%
= $1,000 * (1.157625 - 1) / 0.05
= $1,000 * 0.157625/ 0.05
= $1,000 * 3.1525
= $3152.50
The present value of loan before bank restructuring is $3152.
Future value = Cash flow / (1+r)^n
= $3152 / (1+0.05)^3
= $3152 / (1.05)^3
= $3152 / 1.157625
= $2722.82
Therefore, the final payment required to pay to make indifferent for both payment is $2722.82
Answer:
Following are the Journal entries to the given question:
Explanation:
Accounts Dr Cr
Robo Department Overhead Control 996
Materials Control 
Wages Payable 
Shop overhead control
Finished Goods 
Work in process control
Answer:
C) tests the functioning of the system as a whole.
Explanation:
System testing refers to a process in which a complete system is evaluated to make sure that it works properly and fulfills the requirements. According to this, the answer is that system testing tests the functioning of the system as a whole.
The other options are not right because system testing doesn't separate components or programs as it involves the actual evaluation of the whole system to find defects and it is done before the acceptance testing.
