Answer:
The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.
Answer:
$12000000
Explanation:
Cost of Goods sold is the cost of the unit sold which is incurred to produce / purchase that products. It is calculated by multiplying the Units sold with production cost per unit.
Calculate the numbers of units sold
Cost of Goods Sold = numbers of Unit sold x Production cost per unit
Cost of Goods Sold = 400,000 x $30
Cost of Goods Sold = $12,000,000
Answer: 2.72%
Explanation:
An annuity is a series of payments that is made at equal intervals. Examples are monthly home mortgage payments, regular deposits to a savings account, pension payments.
Number of payment period (NPER) = 12 years
Payment per period (PMT) = $15000
Amount needed, PV = $156000
The formula for an annuity is calculated as:
P = PMT x ((1 – (1 / (1 + r) ^ -n)) / r)
= Rate(12,15000,-156000,1)
Rate = 2.72%
Answer:
$600,000
Explanation:
Patent is an intangible non current asset that may be amortized over the estimated useful life.
Given that Alatorre purchased a patent from Vania Co. for $1,000,000 on January 1, 2018 and the patent had a remaining legal life of 10 years, expiring on January 1, 2028
Annual amortization expense = $1,000,000/10 = $100,000
During 2020 ( the patent would have been amortized for 2 years), the accumulated amortization
= 2 × $100,000
= $200,000
The net book value then
= $1,000,000 - $200,000
= $800,000
If the economic benefits of the patent would not last longer than 6 years from the date of acquisition, it means it has a remaining useful life of 4 year from 2020.
Amortization for 2020 = $800,000/4 = $200,000
The amount of the patent net of net of accumulated amortization, at December 31, 2020
= $800,000 - $200,000
= $600,000
Considering the available information in the question, the <u>cost of equity</u> for this firm is "<u>0.1566</u>."
The <u>cost of equity</u> for the firm is expressed below:
RE = Rf + β × ( E (RM) − Rf );
Here, the RE is the
Rf => risk-free => 3.2 percent;
β => beta => 1.21;
E (RM) => market rate of return => 13.5 percent;
Thus, we have the following formula to compute:
RE = 0.032 + 1.21 × (0.135 − 0.032)
RE =<u> </u><u>0.1566</u>
Cost of equity is a term that is used I'm describing the rate of return firms need for business investment.
In another way, the Cost of equity depicts the rate of return that an individual needs for an equity investment.
Hence, in this case, it is concluded that the correct answer is "<u>0.1566</u>."
Learn more here: brainly.com/question/24242733