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dsp73
3 years ago
14

On december 31, 2017, swan company sold for $150,000 an old machine having an original cost of $170,000 and a book value of $120

,000. the terms of the sale were as follows: $30,000 down payment $60,000 payable on december 31 each of the next two years the agreement of sale made no mention of interest; however, 9% would be a fair rate for this type of transaction. what should be the amount of the notes receivable net of the unamortized discount on december 31, 2017 rounded to the nearest dollar? (the present value of an ordinary annuity of 1 at 9% for 2 years is 1.75911.)
Business
1 answer:
nydimaria [60]3 years ago
7 0
The answer in this question is 105,546 dollars. The present value of the annuity is ($60,000 × 1.75911) or 105,546 dollars. The formula to get the present value of annuity is $60,000 * 1.75911 so we can get an answer which is 105,546 dollars.
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The wholesale price per ton is $5000 for exterior paint and $4000 for interior paint. how much interior and exterior paints shou
makvit [3.9K]

The wholesale price per ton is $5000 for exterior paint and $4000 for interior paint. 0.1686 interior and exterior paints should the company produced daily to maximize gross income.

Z-Score = 269-240 172 = 0·1686

P(x >269) = 0·43305 under normal distribution

Objective:- Max:- 5000×+ 4000y sub tor

                      6x+44 ≤24

                        Ix + 2y ≤6

where n is tons of exterior paints and y is tons of interior paints.

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4 0
2 years ago
A company had the following purchases and sales during its first year of operations:Purchases SalesJanuary: 10 units at $120 6 u
Setler [38]

Answer:

Explanation:

FIFO inventory costing method uses the assumption that the first set of inventory is the first to be sold.

                       Purchase

 Month            Unit         rate          Cost

January            10            120           1200

February           20          125           2500

May                   15            130           1950

September       12            135            1620

November        10            140            1400

Total                 67

                         Sales  (FIFO)

January             6            120              720

February           4            120               480

                         1              125               125

May                   9             125               1125

September       8              125              1000

November        2              125               250

                         11               130              1430

                                Closing Inventory

May                 4                  130             520

September     12                 135             1620

November      10                 140             1400

                                                              3540

                         

7 0
3 years ago
Asian Lamp Company manufactures lamps. The estimated number of lamp sales for the last three months for the current year are as
Andrew [12]

Answer:

13,750 lamps

Explanation:

Calculation to determine How many lamps should be produced in October

Numbers of lamps=(13,000 × 0.25) + 14,000 − (14,000 × 0.25)

Numbers of lamps=3,250+14,000-3,500

Numbers of lamps= 13,750 lamps

Therefore The numbers of lamps that lamps should be produced in October is 13,750 lamps

8 0
3 years ago
Everything that consumers evaluate when deciding whether to buy a good or service is called the
Hunter-Best [27]
Everything that consumers evaluate when deciding whether to buy a good or service is called the total product offer. Before making a decision to buy a product, a consumer will evaluate everything about the product from a need to a want, price, design, benefits you know it. When they have finished evaluating it, they make a decision whether or not they want to purchase the product or service. 
5 0
3 years ago
_______ refers to how you articulate or form your words. A. Inflection B. Modulation C. Pitch D. Enunciation
enot [183]
The answer is “D. Enunciation”
6 0
3 years ago
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