Answer:
Cash (Dr.) $50,000
Lease Receivable (Cr.) $50,000
Explanation:
Lessor is the person who leases the item to gain financial benefit from the asset user lease. Lessee is a person who uses the assets but does not owns it so he pays lease rentals. In the given scenario the lease recoding at inception in the lessor books will be cash debit and lease receivable credit.
True, an initial public offering (IPO) represents the first time a corporation's stock is offered and sold to persons outside of the company.
An initial public offering(IPO) or stock release is a public providing wherein stocks of an employer are offered to institutional investors and normally also to retail traders. An IPO is commonly underwritten by one or greater funding banks, who also arrange for the stocks to be indexed on one or extra stock exchanges.
Via IPO, colloquially known as floating, or going public, a privately held organization is transformed into a public organization. preliminary public offerings may be used to elevate new equity capital for companies, to monetize the investments of personal shareholders such as agency founders or personal equity buyers, and to permit smooth buying and selling of existing holdings or destiny capital elevating with the aid of becoming publicly traded.
A stock is a popular term used to describe the ownership certificates of any organization. A percentage, then again, refers to the stock certificate of a particular business enterprise. preserving a specific organization's share makes you a shareholder.
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Answer:
$609,000
Explanation:
The revenue in June for Comfort Cords is the sum of the revenue from cords and hair ties.
The revenue from each is the product of the unit selling price and the quantity sold.
= 50000 * $12 + 9000 * $1
= $600,000 + $9000
= $609,000
Answer:
7%
Explanation:
Calculation for the implicit interest rate on the note
First step is to calculate the PV factor
PV factor=$81,630/100,000
PV factor = 0.81630
Last Step is to find the implicit interest rate by using the PV table for 3 years to find the factor that matches the PV factor of 0.81630
Hence the factor that matches the PV factor of 0.81630 can be found or see in the 7% column which means that the implicit interest rate will be 7%
Therefore the implicit interest rate on the note will be 7%
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Initial investment= $270,000
Cash flow= $60,000
Number of years= 5
Discount rate= 12%
<u>To calculate the net present value (NPV), we need to use the following formula:</u>
NPV= -Io + ∑[Cf/(1+i)^n]
∑[Cf/(1+i)^n]:
Cf1= 60,000/1.12= 53,571.43
Cf2= 60,000/1.12^2= 47,831.63
.....
Cf5= 60,000/1.12^5= 34,045.61
∑[Cf/(1+i)^n]= 216,286.57
<u>Now, the NPV:</u>
NPV= -270,000 + 216,286.57
NPV= -53,713.43
