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yKpoI14uk [10]
3 years ago
8

Annual interest rate 4.00%

Business
1 answer:
oksian1 [2.3K]3 years ago
7 0

Answer:

formula is PRT÷10

Explanation:

so solve it

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Sandhill Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $132,500 Allowance
goldfiish [28.3K]

Answer:

S/n  Accounts title                                        Debit      Credit

a.      Bad Debt expenses                          $2,655

                Allowance for Doubtful debts                    $2,655

                ((132,500*5%)-3,970)

        (Being bad debt expense recorded)  

b.       Bad Debt expenses                           $8,255

                  Allowance for Doubtful debts                   $8,255

                   {(132,500*5%)+1,630]

         (Being bad debt expense recorded)

5 0
3 years ago
Which of the following results in increasing basic earnings per share?A. Paying more than carrying value to retire outstanding b
shepuryov [24]

Answer:C. Purchasing treasury stock

Explanation:Treasury stocks are stocks that were repurchased by the issuing company,this repurchased quantity is always guided by the laws existing in the country. This repurchased stock reduces the amount of the outstanding stock of the company available for sale. Treasury stocks are always repurchased at a higher price,hence increasing the stock owner's earnings per share.

8 0
3 years ago
Suppose the government has determined that the socially optimal quantity of chemical pollution is 175 million tons per day. One
enot [183]

Given this quantity of permits, the price for each permit in the market that the U.S government should charge for pollution rights will be <u>$45</u> as this ensures the socially optimal quantity of pollution, which could have been imposed as a tax.

<h3>What are pollution rights?</h3>

Pollution rights are the rights given to firms in an economy to buy and sell government-issued licenses or permits.

Pollution rights or permits grant the holders the right to create and release a certain amount of pollution that achieves the socially optimal quantity.

Thus, given the number of permits, the price for each permit in the market that the U.S government should charge for pollution rights will be <u>$45</u>.

Learn more about pollution problems at brainly.com/question/26232566

5 0
2 years ago
On December 31, 2021, Crane, Inc. leased machinery with a fair value of $2125000 from Cey Rentals Co. The agreement is a 6-year
Stells [14]

Answer: $1554228

Explanation:

Calculation of the lease liability that Crane should report in its December 31, 2021 balance sheet goes thus:

Annual Lease payment= $410,000

The present value of an annuity due of 1 for 6 years at 10% = 4.7908

We multiply the lease rentals by the present value of an annuity due of 1 for 6 years at 10%. This will be:

= $410,000 × 4.7908

= $1964228

We then subtract the first lease payment of $410,000 from the value gotten above. This will be:

= $1,964,228 - $410,000

= $1,554,228.

4 0
3 years ago
________, which are incurred when pursuing a related-diversification strategy, are a function of the number, size, and types of
Anton [14]

coordination costs which are incurred when pursuing a related-diversification strategy, are a function of the number, size, and types of businesses that are linked to one another.

<h3>What are coordination costs?</h3>

This is the term that has to do with the type of costs that people come about through the fact that they collaborate.

Firms are made to work together so that they would be able to carry out an activity.

Read more on coordination costs here:

brainly.com/question/24940564

#SPJ12

5 0
2 years ago
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