Answer:
<u>debited</u>
Explanation:
Partnership refers to a mutual agreement wherein two or more individuals agree carry out a business and to share profits and losses in a specified ratio or as per the clauses of the partnership deed.
When partners retire, the balances standing to the credit of their capital accounts needs to be settled or paid off.
As per the given information, Wilma is paid $45000 in cash. The journal entry in this case would be:
Wilma's Capital A/C Dr. $45000
To Cash A/C $45000
For the remaining balance, Wilma shall be paid in cash as follows,
Wilma's Capital A/C Dr. $5000
To Cash A/c $5000
(Being settlement of a retiring partner's capital account being recorded)
Answer:
9.49%
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow in year 0 = $190,100
cash flow each year from year 1 to 5 = $49,500
IRR = 9.49%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
= 7.77
≅ 8 kanban cards
Explanation:
K =
K = Number of kanban card sets
D = Average number of units demanded over some time period
L = Lead time to replenish an order
S = Safety stock expressed as a percentage of demand
C = Container size
where,
D = If the average number of units demanded is 2400 and the time period is 2 hours, then that's 1200 in an hour, 1200 in 60 minutes, 20 in one minute.
L = 40
S = 0.1
C = 120
K = 20 * 40 (1 + 0.1) / 120
K = 7.77
approximately
≅ 8 kanban cards
Answer:
The after-tax cost of debt : 3.90%.
Explanation:
The semi-annual coupon = 1,000 x 5% /2 = $25.
The before-tax cost of debt, denoted as i, is the yield to maturity of the company's debt, which is calculated as below:
(25/i) x [1 - (1+i)^-40] + 1,000/(1+i)^40 = 854 <=> i = 3.147%.
=> Because the debt is semi-annual compounded, we have the: Effective annual rate = Before-tax cost of debt = ( 1+ 3.147%)^2 -1 = 6.39%.
=> After tax cost of debt = Before tax cost of debt x ( 1 - tax rate) = 6.39% x ( 1 - 0.39) = 3.90%.
So, the answer is 3.90%.
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