1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ksju [112]
3 years ago
11

Which is “harder” on a car, highway miles or city miles? Why?

Business
1 answer:
Alinara [238K]3 years ago
5 0
City miles because it makes the car have to drive at different speeds, and be stopped in traffic with several small stops and turns, whereas a highway mile is just a straight path driving at a constant speed.
You might be interested in
ATTENTION I WILL GIVE BRAINLIEST!!!!
Katyanochek1 [597]
I can help ya I will email u the answer
4 0
2 years ago
Problem 9-7B Calculate the issue price of a bond and prepare amortization schedules (LO9-5, 9-7) [The following information appl
andrey2020 [161]

Answer:

Answer is given below.

Explanation:

Solution 1:

Chart Values are based on:      

n= (15 Years*2) 30 Half years

i= (7%/2) 3.50% Semi annual

Cash Flow Table Value * Amount = Present Value

Principal 0.356278 * $7,90,000 = $2,81,460

Interest (Annuity) [$790,000*7%*6/12] 18.392045 * $27,650 = $5,08,540

Price of Bonds  $7,90,000

Bond Amortization Schedule

Date Cash interest Interest Expense Chanage in Carrying Value Carrying value

01-Jan-21    $7,90,000

30-Jun-21 $27,650 $27,650 $0 $7,90,000

31-Dec-21 $27,650 $27,650 $0 $7,90,000

Solution 2:

Chart Values are based on:      

n= (15 Years*2) 30 Half years

i= (8%/2) 4.00% Semi annual

Cash Flow Table Value * Amount = Present Value

Principal 0.308319 * $7,90,000 = $2,43,572

Interest (Annuity) [$790,000*7%*6/12] 17.292033 * $27,650 = $4,78,125

Price of Bonds  $7,21,696

Bond Amortization Schedule

Date Cash interest Interest Expense Change in Carrying Value Carrying value

01-Jan-21    $7,21,696

30-Jun-21 $27,650 $28,868 $1,218 $7,22,914

31-Dec-21 $27,650 $28,917 $1,267 $7,24,181

Solution 3:

Chart Values are based on:      

n= (15 Years*2) 30 Half years

i= (6%/2) 3.00% Semi annual

Cash Flow Table Value * Amount = Present Value

Principal 0.411987 * $7,90,000 = $3,25,470

Interest (Annuity) [$790,000*7%*6/12] 19.600441 * $27,650 = $5,41,952

Price of Bonds  $8,67,422

Bond Amortization Schedule

Date Cash interest Interest Expense Change in Carrying Value Carrying value

01-Jan-21    $8,67,422

30-Jun-21 $27,650 $26,023 -$1,627 $8,65,794

31-Dec-21 $27,650 $25,974 -$1,676 $8,64,118

Download pdf
4 0
3 years ago
The following book and fair values were available for Westmont Company as of March 1.
-BARSIC- [3]

Answer:

DR Inventory                                        $609,000  

     Land                                                 $1,086,750  

     Buildings                                         $2,138,250  

     Customer Relationships                $842,250  

     Goodwill                                           $965,750  

CR Accounts Payable                                           $102,000  

       Common Stock                                                       $56,400

       Additional Paid-In Capital                                     $1,353,600

        Cash                                                                       $4,130,000

Working

Common Stock = 28,200 shares * $2 = $56,400

Additional Paid in Cap = 28,200 shares * ( 50 - 2) = $1,353,600

DR Additional Paid-In Capital                            $32,400

CR Cash                                                                                $32,400

DR Professional Services Expense                   $49,800

CR Cash                                                                                $49,800

8 0
3 years ago
Durango, Inc. purchased a parcel of land for $450,000. It paid attorney fees of $3,000 to verify title to the land. In addition,
Crank

Answer:

D. $460,500

Explanation:

Given that

Cost of parcel of land = 450000

Legal fees = 3000

Broker's fees = 7500

Therefore,

Amount recorded as cost of parcel of land is

Cost of parcel of land + legal fees + brokers fee

= 450000 + 3000 + 7500

= $460,500

When purchasing land, fees like commissions, legal fees, bank fees, title fees and other expenses added before the land can be used are considered as part of the land's cost. Hence the answer.

8 0
2 years ago
Read 2 more answers
Holly took a prospective client to dinner, and after agreeing to a business deal, they went to the theater. Holly paid $350 for
Brut [27]

Answer: $175

Explanation:

Here we can see that the business discussion happened only at dinner.

After Dinner they went for entertainment at the Cinema so that amount is not deductible as a business Expense.

The only amount deductible is the $350 for the meal.

Meals with clients are considered to be 50% deductible so solving for that we have,

= 350 * 0.5

= $175

$175 is amount of the expenditures that Holly can deduct as a business expense.

7 0
3 years ago
Other questions:
  • Where should essential oils be placed for use in tandem with steam treatments?
    5·1 answer
  • Bonnie and Clyde each own one-third of a fast-food restaurant, and their 13-year-old daughter owns the other shares. Both parent
    12·1 answer
  • Assume real per capita GDP in West Swimsuit is $10,000 while in East Quippanova it is $2,500. The annual growth rate in West Swi
    10·1 answer
  • When purchasing a vehicle which of the following would initially offer the lowest monthly payment
    14·2 answers
  • A subject property has a swimming pool (worth $5,000) and a three-car garage (worth $4,500). Comp property A has a pool only and
    14·1 answer
  • Gumchara Corporation reported the following information with respect to the materials required to manufacture amalgam florostats
    12·1 answer
  • Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investm
    9·1 answer
  • What is a Product? (Give me one example)​
    11·2 answers
  • How would define industry? What is the industry of a store that sells fishing poles
    12·1 answer
  • The decision framework that is based on the relative distance between home and a foreign target country is the ______.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!