Answer:
$22000 and $50000.
Explanation:
Given: Purchased value of equipment- $72000.
Residual value- $6000
Estimated useful life of equipment- $ 5 years.
Now, finding value of depreciation for 2011 using the sum of the years digits method.
Depreciation cost= 
⇒ Depreciation cost= 
∴ Depreciation cost= $66000.
Depreciation fraction for 1st year= 
Depreciation expense for 1st year= 
∴ Depreciation for 2011 is $22000.
Next, lets find out the book value at the end of first year.
Book value= 
Book value= 
∴ Book value at December 2011 is $50000.
Answer: Place a widget on employees’ computer screens that flashes a happy face every time the average customer wait is less than 2 minutes.
Explanation:
Good emotional display go a long way in encouraging people who work for an organization and it in turn reflects on how well they would treat the customer's. Employees are further encouraged when they are not under excessive pressure by either employer or the customer's but are rather given an environment void of worries, it helps them respond well and carefully. The customer support manager placing a widget on employees’ computer screens that flashes a happy face every time the average customer wait is less than 2 minutes sends a relief message to the employees to carry out their work with ease.
Answer: discount on bonds payable
Explanation:
Based on the information given, since the sum of the fair value of the warrants and the face amount of the bonds exceeds the cash proceeds, then the excess will be reported as the discount on bonds payable.
The discount on the bonds payable occurs in a scenario whereby the bonds are issued for a lesser amount than their face or their maturity amount.
The reason for this is when the bonds have a stated interest rate that is smaller than market interest rate for similar bonds.
Answer:
a. $69.46
b. 58.15
Explanation:
a. Price = Benchmark PS ratio × Sales per share
<u>Sales per Share</u>
= Sales / Shares outstanding
= 2,100,000/130,000
= $16.15
Price = 4.3 * 16.15
Price = $69.46
b. PS Ratio is 3.6
Price = Benchmark PS ratio × Sales per share
Price = 3.6 * 16.15
Price = $58.15
