Browning's has a debt-equity ratio of .47. what is the equity multiplier?

g Which of the following best describes the company-related considerations (beyond software type) for the choice of a process me

aliya0001 [1]

Answer:

vii) Which of the following best describes the company-related considerations (beyond software type) for the choice of a process methodology in a software project?

1. Company size and culture and geographic team distribution

2. Start-up vs established company

3. Software size

4. Risk-taking vs. bureaucracy

Explanation:

8 0

3 years ago

If a bank purchases a security from the Federal Reserve System, reserves in the banking system ________ and the monetary base __

lbvjy [14]

Purchase of a security by the bank will decrease the reserves in the banking and as a result the monetary base will also decrease.

<u>Explanation:</u>

The federal reserve system is the central bank of the United States of America. It has certain measures under it's control to manage the supply of money in the economy.

One of those measures is the purchase and the selling of the securities. If the security is purchased by the bank from the Federal reserve system, it will decrease the money reserve in the banks. As a result of this the monetary base will decrease in the country also.

5 0

4 years ago

Katie just turned 25 today. By her 60th birthday she would like to have $1,000,000 saved. She plans to invest equal annual payme

AlexFokin [52]

Answer:

The correct option is b. $6,304.11.

Explanation:

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount to have on her 60th birthday = $1,000,000

M = Annual payment or amount she needs to invest each year = ?

r = Interest rate = 8%, or 0.08

n = number of years beginning with her 27th birthday and ending on her 60th birthday = 60 - 27 + 1 = 34

Substituting the values into equation (1) and solve for M, we have:

$1,000,000 = M * (((1 + 0,08)^34 - 1) / 0.08)

$1,000,000 = M * 158.626670073155

M = $1,000,000 / 158.626670073155

M = $6,304.11014452251

Rounding to 2 decimal places, we have:

M = $6,304.11

This implies Katie needs to invest $6,304.11 each year to have exactly $1,000,000 by her 60th birthday.

Therefore, the correct option is b. $6,304.11.

4 0

3 years ago

On January 1, Weatherholt Inc. issued $5,000,000, 9% bonds for $4,695,000. The market rate for these bonds is 10%. Interest is p

saveliy_v [14]

Answer:

At the end if the first year, Weatherholt should report unamortized bond discount of

$285,500

Explanation:

The entry to record the bond issuance is as follows:

On January 1

It the moment of the bond issued the company register:

Debit $4,695,000 Cash

Debit $305,000 Discount on Bond Payable

Credit $5,000,000 Bonds Payable

Bond Discount: $305,000

At the moment of the first interest payment:

Interest Payment Stated: $450,000 = 9%*$5,000,000

Interest Market Rate 10% by Book Value Bond:

10% * $4,695,000 = $469,500

Amortization of Bond Discount: $469,500 - $450,000 = $19,500

Debit Balance in the Account Bond Discount:

$305,000 - $19,500= $285,500

7 0

3 years ago

Pacheco, Inc., produces two products, overs and unders, in a single process. The joint costs of this process were $50,000, and 1

Alex Ar [27]

Answer:

1.

Joint costs allocation using the estimated net realizable value method:

Overs: $5,000; Unders: $45,000

2.

Overs should not further process and the company should sell Overs at split-off. It is because the further process cost per unit is more than the incremental in selling price thanks to further process per unit.

Explanation:

1.

We have:

Net realizable value of Overs = Sales value of Overs - Processing cost after split-off of Overs = 2 x 14,000 - 18,000 = $10,000

Net realizable value of Unders = Sales value of Unders - Processing cost after split-off of Unders = 3.14 x 36,000 - 23,040 = $90,000

=> Total net realizable value of the two goods = $100,000; in which Overs accounts for 10%; Unders accounts for 90%.

=> Joint cost allocated to Overs = 10% x 50,000 = $5,000; Joint cost allocated to Unders = 90% x 50,000 = $45,000.

2.

By further processing, one unit of Overs is created the incremental of revenue of: Sell price after further process - Sell price before further processing = $2 - $1.8 = $0.2

Further processing cost per unit of Overs = 18,000 / 14,000 = $1.29.

As revenue incremental per unit is less than further processing cost per unit (0.2 < 1.29); the company should sell Overs at split-off.

8 0

3 years ago