Answer:
$413,000
Explanation:
Calculation to determine the carrying value of the note as of September 30, 2021
Carrying value=[$420,000 - ($420,000 .010*6/12)]+ [($420,000 .010*6/12)*4/6]
Carrying value=[$420,000-$21,000]+ ($21,000*4/6)
Carrying value=[$420,000-$21,000]+ $14,000
Carrying value=$399,000+ 14,000
Carrying value=$413,000
Therefore the carrying value of the note as of September 30, 2021 is $413,000
Answer:
Hie, on the choice of answers provided by your question there is no correct answer.
The correct answer for budgeted production units for July are 4,375 units
Please see below explanation and calculation i have prepared for the answer.
Prepare a Production Schedule for July as follows :
<u>July</u>
Budgeted Sales 4,200
Add Budgeted Closing Inventory (4,900 × 25%) 1,225
Total Production Needed 5,425
Less Budgeted Opening Inventory (1,050)
Budgeted Production 4,375
Answer:
D) the replacement of the director of finance
Explanation:
The replacement of the director of finance is an internal affair on the company. It is not subject to any government regulations, unlike the other options. In choosing the director of finance, the company directors will select the best candidate for the job according to their judgment. In deciding who will the next director of finance, the directors don't need to consult any other person or regulations.
A) Health and safety laws, interest on loans, and the minimum wages are subject to regulation by government agencies such as OSHA for health and safety and the Federal Reserve for interest rates.
A planning bill of materials is most likely used in "assemble-to-order" mpc environment.
According to the corporate production approach known as "assembly-to-order," customers' orders for items are swiftly manufactured and, to some extent, customized. Typically, it calls for the basic product components to be manufactured but unassembled. The parts are swiftly put together after receiving an order, and the finished item is then delivered to the client.
The assemble-to-order strategy (ATO) is a combination of the make-to-stock (MTS) and the make-to-order (MTO) strategies (MTO). Making all of the product in advance is known as a "make-to-stock" technique. The goal is to create an inventory that satisfies current or projected consumer demand. This strategy would involve deciding on a production level, stockpiling items, and then making an effort to sell as many assembled products as you can.
Learn more about Assemble-to-order, here
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Answer:
The present value is the value today of a sum of money to be received in the future and in general is less than the future value.
Explanation:
The formula to compute the present value is shown below:
Future value = Present value × (1 + interest rate)^number of years
or Present value = Future value ÷ (1 + interest rate)^number of years
Let us take an example
Present value = $2,750
Rate = 5.25% ÷ 2 = 2.625%
Number of years = 1 year × 2 = 2 years
So, the future value
= $2,750 × (1 + 2.625%)^2
= $2,750 × 1.0531890625
= $2,896.27
It is done on semi annual basis. As we can see that the present value is less than the future value
