Answer:
d. return on a perpetuity
Explanation:
Two types of stock are common and preferred. Preferred stockholders do not have voting rights but they have a higher claim to earnings and assets as compared to the common stockholders. In the case of preferred stock, a fixed annual dividend is obtained forever. So, the cost of preferred stock is computed the same as the return on a perpetuity
Answer:
There is a 1,500 gain
Explanation:
we have commercial subtance so we can recognize gain/loss
these will be the numebrs of the transaction:
truck
purchase 24,000
acc depreciation 17, 000
book value 7, 000
equipment 8,000
cash 500
total 8,500
received - given up = gain/loss
8,500 - 7,000 = 1,500 gain
the journal entry would be
Equipment 8,000 debit
cash 500 debit
acc dep truck 17,000 debit
Truck 24,000 credit
gain on disposal 1,500 credit
Answer:
The net benefit is -$26,000
Explanation:
Given the above information,
The total cost of manufacturing 12,000 circuit boards
= 12,000 × $34
= $408,000
Total purchase price
= 12,000 × $34
= $408,000
Fixed overhead cost applied
= 12,000 × $6
= $72,000
The rental income = $46,000
Outsourcing cost
= Total purchase price + Fixed overhead cost applied - Rental income
= $408,000 + $72,000 - $46,000
= $434,000
Therefore, Net benefit
= Total cost of manufacturing - Outsourcing cost
=$408,000 - $434,000
= -$26,000
Answer:
Income statement will have an increased expense of $4.8 million and Revenue and cost of goods sold will decrease. In balance sheet the inventory will be decreased by the amount of crib toy inventory available.
Explanation:
Income Statement will show an expense of $4.8 million in this period as the cost of recall of inventory due to health hazard. Also sales and cost of goods sold will decrease by the amount of sales of crib toy in sales and by the amount of crib toys cost in cost of goods sold and will ultimately result in decrease in a gross profit of a company.
In the Balance Sheet the amount of Inventory will be decreased by the amount of crib toys available in stock.
Answer:
Explanation:
Rate of interest = 3.2 / 12 = .266667
No of terms = 12 x 30 = 360
amount = 176000
PMT = $ 761.14
Now the instalment is increased by 10% so
the instalment becomes = 761.14 + 76.11
= #837.25
No of years required from table
= 25.74 years.
