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mariarad [96]
3 years ago
12

Levi had an unexpected surprise when he returned home this morning. he found that a chemical spill from a local manufacturer has

spilled over onto his property. the potential claim that he has against this manufacturer is that of a(n):
Business
1 answer:
diamong [38]3 years ago
3 0
Levi had an unexpected surprise when he returned home this morning. He found that a chemical spill from a local manufacturer had spilled over onto his property. The potential claim that he has against this manufacturer is that of a(n):

<span>stakeholder.</span>
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Recording partner's original investment Instructions Kimberly Payne and Arionna Maples decide to form a partnership by combining
levacccp [35]

Answer and Explanation:

The Journal entry is shown below:-

Cash A/c Dr, $20,000  

Accounts Receivables A/c Dr, $140,000

($145,000 - $5,000)

Inventory A/c Dr, $101,700  

Equipment A/c Dr, $81,200.

     To Allowance for doubtful Accounts $4,400

     To Payne's Capital A/c $338,500

(Being assets contributed by partner in business is recorded)

For recording the assets contributed by partner in business we simply debited the cash account, accounts Receivables, Inventory and Equipment as increase the assets while we credited the Allowance for doubtful Accounts as it decreasing the assets and Payne's Capital as increasing the stockholder equity.

7 0
3 years ago
The economic problem of _____ arises because human wants and desires are unlimited and the means to satisfy these wants are limi
raketka [301]

Answer:

Insatiation

Explanation:

Insatiation is an economic problem which arises as a result of human wants and cravings being limitless with a limited means of satisfying these wants

Economic problem of insatiation can be solved when there are also unlimited means of satisfying the limitless wants and desires of human

4 0
3 years ago
A​ person's website specializes in the sale of rare or unusual vegetable seeds. He sells packets of​ sweet-pepper seeds for ​$2.
ANTONII [103]

Answer:

7 packets of  sweet-pepper seeds and 9 packet of hot-pepper seeds.

Explanation:

Let x packets of​ sweet-pepper seeds for ​$2.16 each and y packets of​ hot-pepper seeds for ​$4.24 each are mixed to obtain 16​-packet mixed pepper assortment for ​$3.33 per packet,

i.e. x + y = 16       ..........(1)

Also,

The price of sweet-pepper seeds + price of hot pepper seeds = price of the mixture

⇒ 2.16x + 4.24y = 3.33(x+y)

⇒ 2.16x + 4.24y = 3.33x+3.33y

⇒ 2.16x + 4.24y - 3.33x-3.33y = 0

⇒ −1.17x +0.91y = 0  ........(2)

Equation (2) + 1.17 × equation (1)

0.91y + 1.17y = 18.72

2.08y = 18.72

⇒ y = 9

From equation (1),

x + 9 = 16 ⇒ x = 16 - 9 ⇒ x = 7

Hence, there are 7 packets of  sweet-pepper seeds and 9 packet of hot-pepper seeds.

7 0
3 years ago
Adams Bautista needs $26,700 in 8 years. Click here to view factor tables
alexandr1967 [171]

Answer:

a. $10,783.68

b. $10,510.36 semi annual compounding

Explanation:

a. This question requires the present value of $26,700 given 8 years and compounded annually at 12%.

Present Value = \frac{Future Value}{ ( 1 + interest)^{number of periods} }

Present Value = \frac{26,700}{ 1.12^{8} }

Present Value = $10,783.68

He would need to invest $10,783.68 today.

b. This is a duplicate of question 1 but I will solve it assuming semi-annual compounding just in case.

12% per annum would become = 12/2 = 6% per semi annum

Number of periods would become = 8 * 2 = 16 periods

Present Value = \frac{Future Value}{ ( 1 + interest)^{number of periods} }

Present Value = \frac{26,700}{ 1.06^{16} }

Present Value = $10,510.36

He would need to invest $10,510.36 today.

4 0
3 years ago
Deltona Motors just issued 230,000 zero-coupon bonds. These bonds mature in 18 years, have a par value of $1,000, and have a yie
Sergeeva-Olga [200]

Answer:

$81,959,737

Explanation:

Zero coupon bond is the bond which does not offer any interest payment. It is issued on deep discount price and Traded in the market on discounted price.

As per given data:

Numbers of Bonds = 230,000

Numbers of years to mature = n = 18 years

Face value = F = 230,000 x $1,000 = $230,000,000

YTM = 5.9%

Value of zero coupon bond = Face value / ( 1 + YTM )^n

Value of zero coupon bond = $230,000,000 / ( 1 + 5.9% )^18

Value of zero coupon bond = $230,000,000 / ( 1 + 5.9% )^18

Value of zero coupon bond = $81,959,737

7 0
3 years ago
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