Answer:
Method of Life cycle analogy
Explanation:
Method of life cycle analogy is the technique of the qualitative forecasting, which attempts to recognize the demand levels and the time frames for the life cycle stages of the new service or the product, and the stages are decline, introduction, maturity and growth.
These forecast of individual are then added to got the overall forecast.
Therefore, in order to develop the breakthrough product. the good selection of the technique would be the method of the life cycle analogy.
Answer:
1. $550,000
Explanation:
1. It is given in the question that the stated interest rate and the market interest rate both are having the same rate, i.e, 12%.
Hence, the bonds are issued at the face value that is $550,000.
2. The Journal entries are as follows:
(i) On January 1,
Cash A/c Dr. $550,000
To bonds payable $550,000
(To record the bond issuance)
(ii) On December 31,
Interest Expense A/c Dr. $66,000
To cash A/c $66,000
(To record the first interest payment on December 31 assuming no interest has been accrued earlier in the year)
Workings:
Interest expense = $550,000 × 12%
= $66,000
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Answer:
Ans. The loan payment is $1,582,784.88, therefore is smaller than the lease by $207,215.12
Explanation:
Hi, first we have to find out the amount to pay for the loan every year in order to verify if the loan is cheaper or more expensive than the lease, we have to use the following formula and slove it for "A".
Now, we solve for A
Now we can see that the lease is more expensive than the loan, this is how to find out for how much.
Best of luck.
Answer:
Since there is not enough room here, I used an excel spreadsheet: