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3 years ago

Presented below are three independent situations:

Business

1 answer:

Blababa [14]3 years ago

4 0

Answer:

Explanation:

June 30, 2018

Dr Bonds Payable $250,000

Dr Loss on Redemption of bonds $25,500

Cr Discount on Bonds Payable $20,500

Cr Cash $255,000

Supporting calculations:

Discount on Bonds Payable = 250,000 - 229,500 = $20,500

Cash = $250,000*102/100 = $255,000

Loss on redemption of bonds = $255,000+$20,500-$250,000 = $25,500

June 30, 2018

Dr Bonds Payable $200,000

Dr Discount on Bonds Payable $3,500

Cr Gain on Bond Redemption $9,500

Cr Cash $194,000

Supporting calculations:

Discount on Bonds Payable = 200000-196500 = $3500

Cash = 200000*97% = $194,000

Gain on Bond Redemption = $200,000 + $3,500 - $194,000 = $9,500

31 Dec

Dr Bonds Payable $30,000

Cr Common Stock $6000

Cr Paid in capital in excess of par-Common Stock $24000

Common Stock = 30000/1000*$5*40 shares = 6,000

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Calamata Corporation processes a single material into three separate products A, B, and C. During September, the joint costs of

Elena-2011 [213]

Answer:

20%

Explanation:

Gross profit is the net of sales and cost of sales. Gross Profit percentage is the ratio of gross profit to sales expressed as percentage.

Product Units Produced Final Sales Value per Unit Separate Costs

A 10,000 $25 $125,000

B 15,000 $30 $250,000

C 12,500 $24 $125,000

Total 37,500 $500,000

Sales Value

A (10,000 x $25) $250,000

B (15,000 x $30) $450,000

C (12,500 x $24) $300,000

Total Sales Value $1,000,000

Less

Joint Cost ($300,000)

Separable cost ($500,000)

Gross Profit $200,000

Gross Profit Percentage = ( $200,000 / $1,000,000 ) x 100 = 20%

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3 years ago

Nutech Corp. is expecting the following cash flows—$79,000, $112,000, $164,000, $84,000, and $242,000—over the next five years.

Alja [10]

Answer:

$429,560

Explanation:

Present value will be calculated through the PV formula,

$PV = \frac{C1}{1+r} + \frac{C2}{(1+r)^{2} } + \frac{C3}{(1+r)^{3}} + \frac{C4}{(1+r)^{4}} + \frac{C5}{(1+r)^{5}}$

r = 15%

C1 = $79,000 ,C2 = $112,000 ,C3 = $164,000 ,C4 = $84,000 ,C5 = $242,000

Substituting the values in the formula,

$PV = \frac{79,000}{1.15} + \frac{112,000}{(1.15)^{2} } + \frac{164,000}{(1.15)^{3}} + \frac{84,000}{(1.15)^{4}} + \frac{242,000}{(1.15)^{5}}$

PV = 68,695.66 + 84,688 + 107,838 + 48,030.2 + 120,338.14

PV = $429,560

The present value of the cash flows of Nutech Corp. over the next five years is $429,560.

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3 years ago

A businesswoman is upset with her husband. She channels this anger into her work and increases her productivity dramatically. Th

MArishka [77]

Answer:

Sublimation

Explanation:

Sublimation is the process of channelling negative, socially-unacceptable feelings, toward productive, or socially-acceptable abilities.

The concept was developed by Freud, especially in his work "Madness and Civilization".

Freud basically said that sublimation is what allowed humans to live in society, however, he also warned that sublimation did not always work, and some people were less likely to behave than others, leading to for example, the presence of criminality and antisocial behaviour.

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3 years ago

Suppose a person quits a job earning $40,000 per year and starts a business with $90,000 withdrawn from a money-market accoun

weeeeeb [17]

Answer:

The correct answers are $40,000 and $13,500

Explanation:

The implicit cost of the business is $40,000 nothing for the entrepreneur's time plus $13,500 nothing for the entrepreneur's funds (enter your response as an integer)

The implicit cost indicates the cost of an asset rather than selling it or renting it out. In other words, the company has to give up by deciding not to exploit an asset. For this case $40,000

For the other line

15% = 0.15

$90,000 x 15% = $13,500

4 0

3 years ago

An example of opportunity cost:

maria [59]

Answer: b. Is the Chinese food that you gave up when you chose to eat Italian food.

Explanation: Opportunity cost refers to the cost of the next best alternative foregone or sacrificed. When an individual chooses to take a certain action, then his opportunity cost of doing that will be the alternatives that he has foregone.

IT can be expresses as,

$Opportunity cost = \frac{Units sacrificed}{Units Gained}$

When the individual chooses Chinese food when he could have choose to eat Italian food, his opportunity cost will be the Chinese food that you gave up.

For other options there is no information on what was given up.

8 0

3 years ago