Answer:
December 31
2018 2019 2020
current liabilities:
bonds payable 120,000 120,000 120,000
interest payable 36,000 24,000 12,000
long term liabilities:
bonds payable 240,000 120,000 0
Current liabilities include all the payments that must be made during the next year, while long term liabilities include those payments due in more than one year.
Since the debt's principal is going to be paid in three equal installments, then each installment = $360,000 / 3 = $120,000. So each year the debt's principal will reduce by $120,000.
- The interest due in January 2, 2019 = principal x 10% = $360,000 x 10% = $36,000.
- The interest due in January 2, 2020 = principal x 10% = $240,000 x 10% = $24,000.
- The interest due in January 2, 2021 = principal x 10% = $120,000 x 10% = $12,000.
A.nswer:
a) A decrease of $9,500.
Explanation:
Calculation for the change in total stockholders' equity
Using this formula
Change in total stockholders' equity = Total Revenues amount - Total Expenses amount - Dividends amount
Let plug in the formula
Change in total stockholders' equity =$96,000 - $85,500 - $20,000
Change in total stockholders' equity = Decrease of $9,500
Therefore the change in total stockholders' equity during the year was: a decrease of $9,500
Answer:
14.6 years
Explanation:
Applying an early depreciation rate 'r = 18%', the value of an automobile originally valued at $18,000, after 't' years, is given by:
The number of years required for which V(t) = $1,000 is:
It will take 14.6 years for the value of the automobile to decrease to $1,000.
Answer:
i would say that it is D. the retailer
Answer:
$26.94
Explanation:
We know,
Current stock price = P0 =
Given,
expected dividend = $3.30
Growth rate, g = 2.75% = 0.0275
Required rate of return, ks = 0.15
Putting the values into the formula, we can get
Current stock price, P0 =
Or, Current stock price, P0 =
Therefore, Current stock price, P0 = $26.94