Answer:
the present vlaue of the ledased property = $251,298
Explanation:
the free market value in 10 years = ($27,500 x (1 + 2%)¹⁰) / 10% = $335,223
free cash flows year 1 - 9 = $24,000
free cash flow year 10 = $359,223
discoutn rate = 11.5%
using a financial calculator, the present value of the property = $251,298
Answer:
$12.40
Explanation:
Activity Estimated Indirect Allocation Base Estimated Q. of
Activity Costs Allocation Base
<u>Materials handling $7,700 Number of parts 7,350 parts </u>
<u>Assembling $10,500 Number of parts 7,350 parts </u>
Packaging $2,410 Number of units 1,470 bookshelves
The direct materials cost per bookshelf is $39. What is the cost of materials handling and assembling per bookshelf?
materials handling cost per part = $7,700 / 7,350 parts = $1.05
assembling cost per part = $10,500 / 7,350 parts = $1.43
total cost per part = $2.48
cost per bookshelf = 5 x $2.48 = $12.40
Answer:
Academic achievements. ...
Relevant coursework. ...
Clubs. ...
Sports and musical instruments. ...
Volunteer work. ...
Languages. ...
Computer skills. ...
Any kind of employment at all.
Explanation:
commenting so I can get help too
Answer:
(b) After-closing balance in the Retained Earnings account on December 31, Year 1,
Total Stockholder's equity = Total assets - Total liabilities
= $220,000 - $66,000
= $154,000
After-closing balance of Retained Earnings = Total Stockholder's equity - Common stock
= $154,000 - $110,000
= $44,000
(a) Before-closing balance in the Retained Earnings account on December 31, Year 1.
Net Income = Revenue - Expenses
= $40,000 - $23,000
= $17,000
Before-closing balance of Retained Earnings:
= After-closing balance of Retained Earnings + Dividend paid - Net Income
= $44,000 + $3,200 - $17,000
= $30,200
(c) Before-closing balances in the following accounts:
Revenue = $40,000
Expenses = $23,000
Dividend = $3,200
(d) After-closing balances in the following accounts:
Revenue = $0
Expenses = $0
Dividend = $0
Because revenue and expenses are transferred to income statement and dividend are transferred to retained earnings.