Answer:
1,700 units
Explanation:
The computation of the total of equivalent units of production using the weighted-average method is shown below:
= Number of units completed and transferred + ending work in progress equivalent units
= 1,200 units + 500 units
= 1,700 units
We simply added the completed & transferred units and ending work in progress equivalent units.
All other information which is given is not relevant. Hence, ignored it
Answer:
It will be sold at $1,186.71
Explanation:
We will calculate the present value of the cuopon payment and the maturity at the new market rate of 7%
<u>The coupon payment will be calcualte as the PV of ordinary annuity</u>
C $50 (1,000 x 10%/2 as there are 2 payment per year)
time 16 (8 years x 2 payment per year)
rate 0.035 (7% rate / 2 payment per year)
PV $604.7058
<u>The maturity will be calculate as the PV of a lump sum</u>
Maturity 1,000.00
time 8 years
rate 0.07
PV 582.01
<u>The market price will be the sum of both:</u>
PV cuopon $604.7058
PV maturity $582.0091
Total $1,186.7149
Answer:
$12,500
Explanation:
Budgeted cash receipts refer to the money that the company expects to receive in a specific period of time.
Budgeted cash disbursements are the payments that the company expects to make in a specific period of time.
$19,500+190,500-191,000= 19,000
Then, you have to subtract 19,000 from 31,500 to determine the amount that the company needs to attain its desired ending cash balance:
31,500-19,000= 12,500
According to this, the company should borrow $12,500.
Answer:
B. $12,600
Explanation:
<em>"The company expects 60% of its sales to be credit sales and 40% for cash"</em>
Credit sale for May = $30,000 * 60%
Credit sale for May = $18,000
<em>"70% of the credit sale is collected in following month of sale"</em>
Accounts receivables on 31 May = 70% of credit sale for May
Accounts receivables on 31 May = 70% * $18,000
Accounts receivables on 31 May = $12,600
Just about any sorts of insults that might come to mind, I should think.
"May the Bird of paradise fly up your nose"...