Answer:
The answer is: Knottworth Gedding should report $1,725,000 as interest expense in its 12/31/2021 income statement
Explanation:
The formula for calculating the amount of interest expense is:
interest expense = discount rate x (present value - yearly payment) x time
- Discount rate = 10%
- Present value = $40,500,000
- Yearly payment = $6,000,000
- Time = 6 months / 12 months = 0.5
interest expense = 10% x ($40,500,000 - $6,000,000) x 0.5 = $1,725,000
Answer:
decisive leadership
Explanation:
Decisive leadership is the leadership in which the leaders have to decide quickly for a particular thing. It is basically a capability for deciding with the speed and clarity of the things happen.
Also the quick decision result in a bad situation without knowing the impact of that decision
Therefore according to the given scenario, the "under the gun" represents the decisive leadership
The government uses goods, and services to provide public goods like education, roads, and more
<span>Average number of common shares outstanding: (13,000 + 24,000 ) / 2 = 18,500
Earnings Per Share = (Net income - Preferred dividends) / Average number of common shares outstanding
Earnings Per Share = ($80,000 - $21,000 ) / 18,500
Earnings Per Share = $3.19</span>
Answer:
b. 499200
Explanation:
Calculation to determine what the equivalent units of production for materials are:
Using this formula
Equivalent units of production for materials=Completed and transferred out units+ Ending work in process units
Let plug in the formula
Equivalent units of production for materials=449700units+ 49500units
Equivalent units of production for materials=499200
Therefore Assuming all materials are entered at the beginning of the process, equivalent units of production for materials are:499200
