So u kan axtualy see and grasp whats going on and what u doing
Answer:
$174
Explanation:
The computation of the cost of goods sold is shown below:
As we know that
Cost of goods sold = Opening inventory + Purchase - ending inventory
= $142 + $432 - $400
= $174
By adding the purchase of merchandise and deducting the ending inventory from the opening inventory we can get the cost of goods sold and the same is to be applied
Hence, the cost of goods sold is $174
Answer:
correct option is B. $8,000
Explanation:
given data
equipment = $18,000
book value = $82,000
fair value = $90,000
to find out
Alamos would record a gain/(loss)
solution
we know that When exchange have commercial substance we need to record the gain arising from transfer of old assets
so here Gain on transfer of old assets is
Gain on transfer of old assets = fair value of the old equipment - book value of the old equipment ................1
Gain on transfer of old assets = $90,000 - $82,000
Gain on transfer of old assets = $8,000
so here correct option is B. $8,000
Answer:
1.655
Explanation:
Operating income:
= Sales revenue - Variable cost - Fixed cost
= (5,000 × $75) - (5,000 × $50) - $49,500
= $375,000 - $250,000 - $49,500
= $75,500
Operating Leverage:
= (Sales- Variable cost ) ÷ (Sales -Variable cost - fixed cost)
= $125,000 ÷ $75,500
= 1.655
Therefore, the degree of operating leverage is 1.655
Answer:
$875.28
Explanation:
We use the Present value formula which is attached in the attachment below:
Provided that
Future value = $1,000
Rate of interest 7% ÷ 2 = 3.5%
NPER = 30 years × 2 = 60 years
PMT = ($1,000 × 6%) ÷ 2 = $30
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value would be $875.28
Since on semi annual basis, the interest rate is half and the duration is doubled. The same is shown above
