Answer:
a. $187.20.
b. $202.48.
c. $217.43.
Explanation:
Please find the below for detailed explanations and calculations:
We have the formula for determining the future price of the non-dividend-paying stock as below:
Future price = Spot price x (1+ annual risk free rate )n; which n = number of year(s) to maturity.
Thus, apply the general formula above, we have the below calculations:
a. Future price = 180 x (1+4%)^1 = $187.20;
b. Future price = 180 x ( 1+4%)^3 = $202.48;
c. Future price = 180 x (1+6.5%)^3 = $217.43.
Answer:
What is the final cost of the merchandise inventory for Jones Manufacturing from this purchase?
$8340
Explanation:
Purchased_________________________ 10000
Freigth Bill_________________________ 500
Credir terms________________________ 2/10 n/30
Returned __________________________ 2000
Purchase____________________________ 10000
Return____________________________ 2000
Net inventory 8000
Discount %_________________________ 2%
Discount ___________________________ 160
Net inventory_______________________ 7840
Freigth Bill_________________________ 500
Final cost__________________________ 8340
Answer:
$210,000 and $1,200,000
Explanation:
The computation is shown below:
Given that
Ending Balance in retained earnings = $990,000
Net income = $350,000
Dividend paid in 2021 is
= 40% of net income
= 40% of $350,000
= $140,000
So, the Addition to retained earning is
= Net income - dividends
= $350,000 - $140,000
= $210,000
Now the ending balance in retained earnings is
= Beginning balance in retained earnings + addition to retained earnings
= $990,000 + $210,000
= $1,200,000
Answer:
D) The broker-dealer must be registered in State B in order to contact the client while she is in medical school in State B
Explanation:
Since the client will live in state B for an extended period of time, at least 4 years if she completes medical school, the broker-dealer must be registered in state B if he wishes to continue doing business with her.
If the client would have only gone to state B for a few months, then the broker could have still worked with her without registering in state B since the client could be considered on a vacation trip.
The monthly depreciation will be $8000.
In accountancy, depreciation refers to two components of the equal idea: first, the real lower of fair fee of an asset, which include the lower in value of manufacturing unit gadget each year as it's far used .
Depreciation is used on a profits declaration for almost every enterprise. it is indexed as a cost, and so should be used every time an object is calculated for year-end tax purposes or to determine the validity of the item for liquidation purposes.
Annual depreciation is not taken into consideration as an asset because assets constitute something in order to produce financial cost to the organization during the last. And accumulated depreciation does now not produce the enterprise's financial fee as amassed depreciation itself shows the credit score stability.
Annual depreciation as per straight line method = ( 104,000 - $8,000) /10
Annual depreciation as per straight - line method = $96,000/10
Annual depreciation as per straight line method = $9600
∴ monthly depreciation as per straight line = $96000 * 1/12
= $8000
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