Answer:
It will be sold at $1,186.71
Explanation:
We will calculate the present value of the cuopon payment and the maturity at the new market rate of 7%
<u>The coupon payment will be calcualte as the PV of ordinary annuity</u>
C $50 (1,000 x 10%/2 as there are 2 payment per year)
time 16 (8 years x 2 payment per year)
rate 0.035 (7% rate / 2 payment per year)
PV $604.7058
<u>The maturity will be calculate as the PV of a lump sum</u>
Maturity 1,000.00
time 8 years
rate 0.07
PV 582.01
<u>The market price will be the sum of both:</u>
PV cuopon $604.7058
PV maturity $582.0091
Total $1,186.7149
I think it's "should have a design that is different from the business card"
Answer and Explanation:
The journal entries are as follows
a. Cash $210,500
To Common Stock (12,000 × $14) $168,000
To Paid in capital in excess of par value-Common Stock $42,500
(being the issue of the common Stock is recorded)
For recording this we debited the cash as it increased the assets and credited the common stock and paid in capital as it also increased the stockholder equity
b. Cash $210,500
To Common Stock $210,500
(being the issue of the common Stock is recorded)
For recording this we debited the cash as it increased the assets and credited the common stock as it also increased the stockholder equity
c. Cash $210,500
To Common Stock (12,000 × $7) $84,000
To Paid in capital in excess of stated value-Common Stock $126,500
(being the issue of the common Stock is recorded)
For recording this we debited the cash as it increased the assets and credited the common stock and paid in capital as it also increased the stockholder equity
Answer:
D. secondary
Explanation:
According to my study on different types of research methods, I can say that based on the information provided within the question this would typically be a secondary research. This is because a secondary research is defined as gathering information from another source or environment that was not created by the researcher and is only observed. Which is what Danielle is doing since she is just observing the women go into another store and gathering the information of how many plus-size women walk out.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The entry to record this transaction will be,
Accumulated depreciation 16000
Cash 23000
Loss on disposal 1000
Machine 40000
Explanation:
The straight line method of depreciation charges a constant depreciation expense throughout the useful life of the asset. The formula to calculate depreciation expense per year under this method is,
Depreciation expense per year = (Cost - Residual value) / Estimated useful life of the asset
Depreciation expense per year = (40000 - 0) / 5 = $8000 per year
The net book value of the machine on 1 January 2016 = 40000 - (8000 * 2)
NBV = $24000
As the machine was sold for $23000, the loss on disposal will be,
Loss on disposal = 23000 - 24000 = -1000 or $1000 loss