The entry to record the purchase of supplies for $200 on account would be which of the following?

Assume there are two people in a society. Person A is willing to pay $140 to have one unit of a public good produced and Person

Shtirlitz [24]

Answer:

$300

Explanation:

Given:

Society A

Society B

Society A will pay $140 per unit

Society B will pay $160 per unit

Commonly pay $140 for two units produced.

Computation:

Society will pay total amount for the public goods = $160 + $140

Society will pay the total amount for the public goods = $300

Therefore, $300 Is the total amount paid by society.

7 0

3 years ago

Which economic indicator measures inactivity rather than activity ?

Reil [10]

B, unemployment rate.

5 0

3 years ago

krek1111 [17]

First, we need to find the gross margin.
Gross margin = net sales - cost of goods sold
Gross margin = $1,750,000 = $390,000
Gross margin = $1,360,000

Then, we need to find the net profit before tax.
Net profit before tax = gross margin - expenses
Net profit before tax = $1,360,000 = $960,000
Net profit before tax = $400,000

Net income after taxes = (total revenue - total expenses)/total revenue
Net income after taxes = (1,750,000 - 960,000)/(1,750,000)
Net income after taxes % = 45%

5 0

3 years ago

Discount-Mart (see Problem 16.8), as part of its new Lean program, has signed a long-term contract with Specialty Lighting and w

Katena32 [7]

Answer:

Please see attachment

Explanation:

Please see attachment

5 0

3 years ago

A firm has issued $20 million in long-term bonds that now have 10 years remaining until maturity. The bonds carry an 8% annual c

Anna71 [15]

Answer:

6.5%

Explanation:

Market value of Bond = Par value*bonds outstanding*%age of par

= 1000*20000*0.8771

= $17,542,000

Market value of firm = Market value of Equity + Market value of Bond

= $45,000,000 + $17,542,000

= $62,542,000

Weight of debt = Market value of Bond / Market value of firm

Weight of debt = 17542000/62542000

Weight of debt = 0.2805

Yield to maturity = Rate(Nper, pmt, -Pv, fv)

Yield to maturity = Rate(10, 80, -877.1, 1000)

Yield to maturity = 0.10001541

Yield to maturity = 10.00%

After tax cost of debt = Cost of debt * (1-tax rate)

After tax cost of debt = 10.00%*(1-0.35)

After tax cost of debt = 10.00%*0.65

After tax cost of debt = 6.5%

3 0

3 years ago