Answer:
PV= $12,242.27
Explanation:
Giving the following information:
Cf= 950
Nominal interest= 0.0750 monthly compounded
<u>First, we need to determine the real interest rate:</u>
Monthly interest rate= 0.075/12= 0.0625
Real annual rate= (1.00625^12) - 1= 0.0776
N<u>ow, we can calculate the present value using the following formula:</u>
PV= Cf/ i
PV= 950/0.0776
PV= $12,242.27
Answer:
Callous
Explanation:
Showing the counters of tuition $200 per credit.
Answer:
B) $3,000
Explanation:
Since Laura acquired this property (stocks) by gift, her basis for loss will be $3,000 which is equal to the fair market value at the time she received the gift. If she had made a gain with this transaction, her basis for gain would have been the $4,000 of her father's basis.
Answer: D. Manufacturing overhead was underapplied by $10,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $253,000
Explanation:
The Manufacturing overhead applied is less than the actual manufacturing overhead incurred by:
= 79,000 - 69,000
= $10,000
Manufacturing overhead is therefore underapplied as the amount applied is too low to cover the amount incurred.
The Cost of Goods sold after closing out is:
= Cost of goods sold before closing out + Underapplied manufacturing overhead
= 243,000 + 10,000
= $253,000
Answer:
After food enters your stomach, the stomach muscles mix the food and liquid with digestive juices. The stomach slowly empties its contents, called chyme, into your small intestine. Small intestine.
Explanation:
