Answer:
Advanced Automotive
Allocation of Historical Cost
Land = $64,000
Building = $32,000
Equipment = $224,000
Journal Entries
Dr - Property, Plant and Equipment - $320,000
Cr - Account Payable - $320,000
Explanation:
Workings
Land = $70,000 × ($320,000/$350,000) = $64,000
Building = $35,000 × ($320,000/$350,000) = $32,000
Equipment = $245,000 × ($320,000/$350,000) = $225,000
Based on Kathy's total cost of financing the home, the APR, and the period, her monthly payments would be $1,081.49.
<h3 /><h3>How much would Kathy pay per month?</h3>
Find the monthly period:
= 25 x 12
= 300 months
The monthly rate:
= 5%/12
= 5/12%
The monthly amount is:
= 185,000 / (( 1 - (1 + 5/12%)⁻³⁰⁰) / 5/12%)
= $1,081.49
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Answer: Using the discounted dividend model to estimate the value of the company’s stock, I will choose to evaluate a company that is not expected to distribute any earnings to its stockholders for the next few years.
Answer: A transnational organization is an organization that operate in more than one country. It is very important for such organization to have headquarters in each country their operate, because each country their operate will demand that the company should be registered as an organization, according to the countries terms and condition.
When a transnational company has at least one headquarters in the country their operate, it will help the operations of it's business in that country, It will help the organization in fast decision making, it will help the organization to run it's business in different ethics in accordance with the country it operates, it will help the organization in it's mode of employment. The organization can have a corporate headquarters in the country of it's origin, where the Managing directors of each headquarters come to discuss the business of the company.
One example of a transnational organization which has more that one headquarters is ExxonMobil. This company has more than 10 headquarters in different countries. And it's corporate headquarters is in Texas.
Answer:
Increase
Explanation:
Operating income is a company's profit after deducting operating expenses which are the cost of running operations daily.
When the product line 2 is dropped cost of running operations will reduce thereby increasing the operating income.