Answer:
Assets increase by $10,000
Total stockholders' equity increases by $10,000
Explanation:
To see impact of transcation mentioned in question on asset, liability and equity lets first begin with journal entry. Journal entry is given below.
Debit New Asset 110,000
Credit Cash Asset 40,000
Credit Old Asset 60,000*
Profit on disposal 10,000
*Old asset net book value = cost - accumlated depreciation
=100,000- (4*10,000) = 60,000
So this is clear that the asset and equity will increase as result of transaction mentioned above them. There will no impact on liability.
Answer: 14.59%
Explanation:
The Internal Rate of Return(IRR) is the discount rate that brings the Net Present Value to zero. It is used to decide the viability of projects. The project is generally considered viable if the Cost of capital is less than the IRR.
You can use Excel to calculate the IRR;
= IRR(-15,800,6,500,7,800,6,300)
From the picture attached you can see that the IRR is 14.59%
Answer:
Kyei's weight = 38.5 kg
Explanation:
Given:
Kyei's brother's weight = 44.55 kg and 32.5 kg
Find:
Kyei's weight.
Computation:
⇒ Kyei's weight = Sum of Kyei's brother's weight / 2
⇒ Kyei's weight = [44.5 + 32.5] / 2
⇒ Kyei's weight = [77] / 2
⇒ Kyei's weight = 38.5 kg
Answer:
An organization do not need to compensate employee in order to be fair. If there's someone doing that it is not totally wrong though, it will encourage haziness and uncared attitude in such organization.
Answer:
Ending inventory 3,000 units
Ending Inventory $24,000
Explanation:
I'm going to assume 2 heels are use to get a pair of boots complete
16,600 boots x 2 = 33,200 heels used in production
Then:
beginning 1,200 at 8
purchase 35,000 at 8
used in production (33,200)
Ending Inventory 3,000 at 8 = 24,000