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3 years ago

What must be done if a transaction increases the left side of the accounting equation?

Business

2 answers:

katovenus [111]3 years ago

8 0

Answer:

Explanation:

Neje

spin [16.1K]3 years ago

3 0

State the accounting equation? What must be done if a transaction increases the left side of the accounting equation? If the left side of the accounting equation increases, the right side must increase as well.

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Protsky Inc. paid a dividend of $2.20 per share this year. The dividend growth rate for Protsky's dividends is 3 percent per yea

charle [14.2K]

Your answer is eight

5 0

3 years ago

An investment offers $6,400 per year for 15 years, with the first payment occurring one year from now. If the required return is

yawa3891 [41]

Answer:

PV= $62,158.4

Explanation:

Giving the following information:

Annual payment= $6,400

Number of periods= 15 years

Interest rate= 6% = 0.06

First, we need to calculate the future value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {6,400*[(1.06^15) - 1]} / 0.06

FV= $148,966.21

Now, the present value:

PV= FV/(1+i)^n

PV= 148,966.21 / (1.06^15)

PV= $62,158.4

4 0

3 years ago

10. Uneven cash flows A series of cash flows may not always necessarily be an annuity. Cash flows can also be uneven and variabl

GaryK [48]

Answer:

$1,155,478

Explanation:

Present value is the sum of discounted cash flows

Present value can be found using a financial calculator

Cash flow in year 1 = $100,000

Cash flow in year 2 = $20,000

Cash flow in year 3 = $480,000

Cash flow in year 4 = $450,000

Cash flow in year 5 = $550,000

I = 9%

Present value = $1,155,478

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

5 0

3 years ago

Beto Company pays $4.70 per unit to buy a part for one of the products it manufactures. With excess capacity, the company is con

Anastasy [175]

Here, we are decide the best option between making the part or buying the part.

a. Make or Buy Analysis

Particulars Make amount Buy amount

Direct Materials $4.50

Direct Labor $1.00

Overhead (80% of Direct Labor) $0.80

Cost to buy $4.70

Cost per unit $5.70  $4.70

Cost Difference = $5.70 - $4.70

Cost Difference = $1.00

Therefore, the cost difference of making amount over buying amount is $1.00.

b. Because of the difference, Beto should buy the part because its cost is lesser than to make the part.

Therefore, the buying of the part is the best decision.

See similar solution about Analysis

brainly.com/question/23287319

3 0

2 years ago

On August 1, Steffen Computers, Inc. purchased thirty computer chips on account from a company located in Taiwan for 520,000 Tai

Vsevolod [243]

Answer:

Explanation:

Foreign currency related Financial assets and financial liabilities are usually revalued with any difference as a result of the exchange rates posted as a gain or loss in the income statement.

On transaction date, cost of assets

= 520000 * $0.034

On payment date, the amount paid

= 520000 * $0.036

The amount paid is higher than the liability recorded before hence the difference is recognized as a loss on foreign exchange.

= 520000 * $0.036 - 520000 * $0.034

= $1040

4 0

3 years ago