Answer:
PMT = $7,773
Explanation:
n = 25 years = 50 payments (since the annuity due with semi-annual payments)
i/r = 6% annually = 3% semi-annually
PV = 200,000 (given)
FV = 0 ( No future value at end of 25th year is given)
PMT = ? (THis is the missing value we need to calculate - the amount of annuity payment)
Using financial calculator, we have:
PMT = $7,773
Answer:
$50 or slightly less
Explanation:
If we assume that there is four persons namely E, S, A and K
The producer surplus is the surplus that shows the difference between the seller value and the seller cost
In the case when the seller bid against each other so here the producer surplus would be $100 or slightly less
Here only one person could able to send the good i.e. person E As the cost to the person would be lowered by the goods value
Therefore the option B is correct
Answer: gambleing
Explanation: it workds :)
Answer: The correct answer is a. debit Unearned Rent Revenue, $2,500; credit Rent Revenue, $2,500.
Explanation: Leyland Realty Company receipt of $15,000 represents an unearned revenue because the 6-month rent has not been utilized. Since the term is for 6 months, monthly amortization would be $15,000 ÷ 6 months = $2,500. This amount now serves as the monthly amortization, which would be unwound to revenue and the amount in liability (unearned revenue) would gradually decrease until it becomes zero.
Now that a month has elapsed (1 July - 31 July), an amount of $2,500 calculated above would be unwound to revenue (income statement) by Debiting Unearned revenue $2,500 and Crediting Revenue $2,500.