Answer:
$0.316 trillion per annum
Explanation
According to the scenario, computation of the given data are as follow:-
Interest rate = 0.5% = 0.005
Government Borrows = $6 trillion
Time = 20 years
Required Uniform Annual Payment= Government Borrows × Interest Rate × [(1 + Interest Rate)^Time period ÷ (1 + Interest Rate)Time period] - 1
= $6 trillion × 0.005 × [(1 + 0.005)^20 ÷ (1 + 0.005)^20 - 1]
= $0.03 trillion × [(1.005)^20 ÷ (1.005)^20 - 1]
= $0.03 trillion × (1.1049 ÷ 1.1049 - 1)
= $0.03 trillion × (1.1049 ÷ 0.1049)
= $0.03 trillion × 10.533
= $0.316 trillion per annum
Answer:
2.7 times
Explanation:
The computation of the current ratio is shown below:
Current ratio = Current assets ÷ Current liabilities
where,
Current assets = Cash + account receivable + inventory + marketable securities + prepaid expense
= $30,000 + $65,000 + $72,000 + $36,000 + $2,000
= $205,000
And, the current liabilities is
- Account payable + accrued liabilities + short term note payable
= $40,000 + $7,000 + $30,000
= $77,000
So, the current ratio is
= $205,000 ÷ $77,000
= 2.7 times
Answer:
d. $55,600
Explanation:
Direct Labor = $34,000
Manufacturing Overhead Cost = $21,600
Conversion Cost = Direct Labor + Manufacturing Overhead Cost
Conversion Cost = $34,000 + $21,600
Conversion Cost = $55,600
So, the conversion costs during the month totaled $55,600.
Answer:
I think that they MIGHT be A C and D
Explanation:
