Answer:
case 1: 12.49%
case 2: 21.20%
case 3: 9.48%
case 4: 13.98%
Explanation:
the rate stands for the period between the last day of the discount and the last day the invoice can be cancelled at nominal.
we equalize this with a rate which capitalize annually and solve for this rate:
![(1+discount)^{(net-d_t)/365} =1+r_e\\ r_e = \sqrt[(net-d_t)/365]{1+discount}](https://tex.z-dn.net/?f=%281%2Bdiscount%29%5E%7B%28net-d_t%29%2F365%7D%20%3D1%2Br_e%5C%5C%20r_e%20%3D%20%5Csqrt%5B%28net-d_t%29%2F365%5D%7B1%2Bdiscount%7D)
case 1:
![r_e = \sqrt[(60-10)/365]{1+0.016}](https://tex.z-dn.net/?f=r_e%20%3D%20%5Csqrt%5B%2860-10%29%2F365%5D%7B1%2B0.016%7D)
re = 0.1249 = 12.49%
case 2:
![r_e = \sqrt[(60-10)/365]{1+0.026}](https://tex.z-dn.net/?f=r_e%20%3D%20%5Csqrt%5B%2860-10%29%2F365%5D%7B1%2B0.026%7D)
re = 0.2120 = 21.20%
case 3:
![r_e = \sqrt[(75-10)/365]{1+0.016}](https://tex.z-dn.net/?f=r_e%20%3D%20%5Csqrt%5B%2875-10%29%2F365%5D%7B1%2B0.016%7D)
re = 0.0948 = 9.48%
case 4:
![r_e = \sqrt[(60-15)/365]{1+0.016}](https://tex.z-dn.net/?f=r_e%20%3D%20%5Csqrt%5B%2860-15%29%2F365%5D%7B1%2B0.016%7D)
re = 0.13977 = 13.98%
Answer: $1,000
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
Therefore, the opportunity cost for operating a homeless shelter is the amount that is received by renting the space of shelter for wedding parties.
Opportunity cost = Average wedding parties per month × Rent per party
= 5 × $200
= $1,000
Answer:
We can assume that Sparks Corporation is going to pay preferred stockholders first:
preferred stock dividends = $100 x 8% x 3,000 = $24,000
If the corporation doesn't owe any previous dividends to preferred stockholders, then the remaining $81,000 (= $105,000 - $24,000) should be distributed to common stockholders.
Each preferred stock will receive a $8 dividend. I don't know the amount of outstanding common stock, so it is not possible to determine how much dividend will be distributed for each common stock outstanding.
That would be known as taxable income
Answer:
$184,000
Explanation:
The computation of adjusted cost of goods sold is shown below:-
For computing the adjusted cost of goods sold first we need to find out the cost of goods sold which is here below:-
Cost of goods sold = Beginning inventory of finished goods + Cost of goods manufactured - Ending inventory of finished goods
= $39,000 + $188,000 - $47,000
= $180,000
Adjusted cost of goods sold = Cost of goods sold + Manufacturing overhead cost incurred - Manufacturing overhead cost applied
= $180,000 + $71,000 - $67,00
= $184,000
