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Mnenie [13.5K]
3 years ago
8

Bill is creating a flowchart to simulate a simple game of picking between two cards. In which box will he place the sentence "Wh

at color is the card?"
Business
1 answer:
ra1l [238]3 years ago
5 0

He will place this question in a box that that is under each card color. So say the two colors are red and blue, he will put this question in a box under both colors to have others ask themselves which color it is.

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A finance lease agreement calls for quarterly lease payments of $5,376 over a 10-year lease term, with the first payment on July
Rainbow [258]

Answer:

a. The preparation of partial amortization is shown below:-

b. $2,892

Explanation:

a. Date Lease  Effective        Decrease in  Outstanding              

             payment     interest           balance          balance

July 1                                                                           $150,000

July 1     $5,376                                  $5,376             $144,624

                                                                                ($150,000 - $5,376)

Oct 1      $5,376       $2,892              $2,484              $142,140

                                                       ( $5,376 - $2,892) ($144,624 - $2,484)

b. Interest expense on October 1 = $2,892

Working Note:-

Take the outstanding balance times 2% (8% annual = 2% quarterly)

So, the Effective interest = $144,624 × 0.02

= $2,892.48

4 0
3 years ago
High-low method The manufacturing costs of Carrefour Enterprises for the first three months of the year follow: TOTAL COSTS UNIT
borishaifa [10]

Answer and Explanation:

The computation of the variable cost per unit and the total fixed cost is shown below;

a. The variable cost per unit is

= (Highest total cost - lowest total cost) ÷ (Highest units produced - lowest units produced)

= ($440,000 - $300,000) ÷ (5,500 - 2,700)

= $140,000 ÷ 2,800

= $50

b. The total fixed cost is

= $440,000 - 5,500 × $50

= $440,000 - $275,000

= $165,000

5 0
3 years ago
In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ra
Setler [38]

Answer: Option (D) is correct.

Explanation:

Given that,

Ron's capital = $80,000

Stella's = $75,000

Tiffany's = $50,000

Income sharing ratio = 3:2:1

Tiffany is retiring from the partnership

Amount paid to Tiffany = $56,000

Bonus = Amount paid to Tiffany - Tiffany's capital

          = $56,000 - $50,000

          = $6,000

Above bonus is 1/6th of goodwill.

Therefore, the total amount of goodwill recorded would be:

Goodwill = \frac{6,000}{\frac{1}{6} }

              = $36,000

7 0
3 years ago
A municipal bond carries a coupon of 6.75% and is trading at par. What is the equivalent taxable yield to a taxpayer in a combin
Bingel [31]

Answer:

10.23%

Explanation:

Formula for computation of equivalent taxable yield is r = rm/1-t. Where the tax rate is t, rm is Yield on municipal bond and r is Tax equivalent yield

r = rm/1-t

r = 6.75% / 1 - 34%

r = 6.75% / 0.66%

r = 10.22727272727273%

r = 10.23%

So, the equivalent taxable yield to a taxpayer in a combined federal plus state 34% tax bracket is 10.23%.

8 0
3 years ago
Phoenix Company can invest in each of three cheese-making projects: C1, C2, and C3. Each project requires an initial investment
lilavasa [31]

Dejame pensar, no hablo ingles, sorry

6 0
4 years ago
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