Answer:
The answer is: C) PV of a perpetuity = StartFraction r Over Upper C EndFraction (I guess this means PV = r / C, which is FALSE)
Explanation:
The formula for calculating the present value of a perpetuity is:
PV = C / r
Where PV = Present Value, C = cash flow, r = discount rate.
A perpetuity is a stream of equal cash flows that lasts forever (perpetually).
The formula for calculating the present value of a perpetuity is simple, so there is no reason to spend time calculating the present value of each cash flow, since there are infinite cash flows.
A consol bond s a type of perpetuity issued by the British government (also by the US government)
True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question. <u>False</u>
<h3>What is goal?</h3>
A goal is a vision for the future or a desired outcome that an individual or group of individuals commits to envisioning, planning, and achieving. By creating deadlines, people attempt to accomplish goals within a certain amount of time.
A goal is akin to a purpose or aim, the anticipated outcome that directs behavior, or an end, which is a thing, whether it be a tangible thing or an abstract thing, that has inherent value.
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Answer:
SITUATION 1 2
a) Income tax payable currently. $14,000 $30,000
b) Deferred tax asset - balance at year-end. $1,800 $4,600
c) Deferred tax asset change dr or (cr) for the year. $800 $0
d) Deferred tax liability - balance at year-end. $0 -$1,800
e) Deferred tax liability change dr or (cr) for the year. $0 -$800
f) Income tax expense for the year. $13,200 $30,800
Explanation:
Note: See the attached excel file for all the calculations of all the answers a to f above.
Answer: C. $950
Explanation:
Hello.
Your question was missing a few details so I threw them in. You'll find it in attachments.
To calculate the total Manufacturing costs for Job 201 we would need to calculate the overhead cost allocation rate first to find out how much Overhead to allocate to Job 201.
Using a normal costing system with direct labour cost as the allocation base,
Overhead allocation rate = (Overheads/Direct Labor Cost)*100
= (100,000/50,000)*100
=200%
Overhead allocation rate is 200% or 2x direct labor cost.
Now to calculate the total Manufacturing costs of Job 201,
Total manufacturing cost for Job 201 = Direct Material + Direct Labor + Manufacturing Overheads
= 350 + 200 + (200*2 for manufacturing overhead)
= 350 + 200 + 400
= $950
$950 is the total manufacturing cost for Job 201 making option C correct.
An increase in demand and a decrease in supply will cause an increase in equilibrium price, but the effect on equilibrium quantity cannot be detennined
<h3>What is
equilibrium price?</h3>
In economics, economic equilibrium is a state in which economic forces such as supply and demand are balanced and the values of economic variables do not change in the absence of external influences.
Equilibrium is the economic condition in which market demand and market supply are equal to each other, resulting in price stability. Normally, when the supply of goods and services exceeds the demand over time, the price falls, resulting in more demand.
Microeconomic and macroeconomic equilibrium are two types of economic equilibrium. Supply and demand between buyers and sellers are balanced in microeconomics. An economy achieves aggregate demand and aggregate supply balance through macroeconomics. Competitive prices are an essential component of the theory.
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