In order to live, people's physical needs must be satisfied? true or false?

BSW Corporation has a bond issue outstanding with an annual coupon rate of 7 percent paid quarterly and four years remaining unt

Furkat [3]

Answer:

$788.35

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Future value = $1,000

Rate of interest = 14% ÷ 4 quarters = 3.5%

NPER = 4 × 4 quarter = 16 years

PMT = $1,000 × 7% ÷ 4 quarters = $17.50

The formula is shown below:

= PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $788.35

4 0

3 years ago

On November 1, 2021, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, wi

Blizzard [7]

Answer:

Taylor should recognize revenue in 2021 in the amount of $0.00

Explanation:

IFRS 15 Requires entity to recognise revenue WHEN the transfer of control of goods and services is made to the customer.

It is important to note that Control is transferred on an as-needed basis to King Associates

Tylor has not yet transfered any handyman services during 2021. Therefore no revenue is recognised as transfer of control of goods and services is made to the customer does not exist.

Only when handyman services are provided then the revenue is recognised in the year the servises are provided.

3 0

3 years ago

Read 2 more answers

In 2019, Wildhorse Company had a break-even point of $244,000 based on a selling price of $5 per unit and fixed costs of $97,600

Luden [163]

Answer:

unitary variable cost= $3

contribution margin ratio= 0.4

Explanation:

Giving the following information:

break-even point= $244,000

the selling price= $5 per unit

Fixed costs of $97,600.

First, we need to calculate the contribution margin ratio, we will use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

244,000= 97,600/contribution margin ratio

contribution margin ratio= 97,600/244,000

contribution margin ratio= 0.4

Now, we can calculate the unitary variable cost:

contribution margin ratio= (selling price - unitary variable cost)/seling price

0.4= (5 - unitary variable cost)/5

2= 5 -unitary variable cost

unitary variable cost= 3

7 0

3 years ago

The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of an accounting period. The

Effectus [21]

Answer:

Overhead rate= 1.2

Explanation:

Giving the following information:

The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of an accounting period.

Direct material= $500, & $300

Direct labor= $400 & $600

Manufacturing overhead =?

Work in process= direct material + direct labor + manufacturing overhead

3000= 800 + 1000 + MOH

3000-800-1000= MOH

1200= MOH

Overhead rate= moh/direct labor

Overhead rate= 1200/1000= 1.2

3 0

3 years ago

Your uncle has just purchased a wheat farm and wants your advice on how he should price his product. Explain to your uncle the c

Katena32 [7]

Answer:

the wheat firm is perfectly competitive

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

he is a price taker and the price of his wheat which would be equal to equilibrium price would be determined by market forces

if he sells at the market price, he would sell all his wheat

Explanation:

If the uncle sells above equilibrium price, he would not sell any wheat

he cannot sell below equilibrium price because he would make losses

4 0

3 years ago