The debit balance at the end of the fiscal year becomes a remaining amount of the revenue (expense) or a deficit from the estimated revenue. This is reported on the income statement and followed on the next report that should be addressed on to the future revenue.
Answer:
dividend payment = $6
Explanation:
given data
sell = $65
pay = $65.74
require a return = 8%
solution
we will use here present value formula that is express as
current stock price ( present value ) = 
........................1
$65.74 = 
here d is dividend
solve it we get
d = $6.00
so dividend payment = $6
Answer:
The Today's value of payment occurred for 20 years is $72,039.
Explanation:
Payment of fixed amount for a fixed period of time is called annuity. Present value of annuity will be calculated as follow
PV of annuity = P x [ ( 1- ( 1 + r )^-n ) / r ]
According to given data
P = monthly payment = $6,800 every year
r = interest rate = 7%
n = number of period = 20 years = 20 periods
PV of annuity = $6,800 x [ ( 1- ( 1 + 0.07 )^-20 ) / 0.07 ]
PV of annuity = $72,039.30
Answer:
The correct answer is C
Explanation:
A student who is interested in buying a car from a dealer and for that the marketing of the car does not occur as she thinks that the payments of the car will be too high. So, this will state that from the parties involved, one party does not have the ability or potential to persuade or satisfy the needs.
Answer: $7,450
Explanation:
Employees are not charged Federal and State unemployment taxes so Salaries payable should be;
= Gross pay - Federal Income tax withheld - Social security tax - Medicare
= 10,000 - 1,800 - (10,000 * 6%) - (10,000 * 1.5%)
= 10,000 - 1,800 - 600 - 150
= $7,450
