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3 years ago

14

I dont understand how when I decide to Post my Modeling pictures up here people feel the need to made nasty comments and say stu

ff that makes me feel uncomfortable?
But At the end Im the one getting reported?

1 answer:

viktelen [127]3 years ago

6 0

Yeah that sucks that happened to me too

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Payback period computation; even cash flows LO P1 Compute the payback period for each of these two separate investments:

natima [27]

Answer:

Please see attachment

Explanation:

Please see attachment

6 0

4 years ago

What is the effect on the money supply when you transfer $150,000 from your checking account to your savings account?

Lina20 [59]

Answer:

Decrease in M1; No effect on M2

Explanation:

Monetary aggregates is as follows:

M1 consists of:

= Currency with the public + Checking/Demand deposits + Other deposits with the RBI

M2 consists of:

= M1 + Post office savings account deposits

Effect on M1:

If a person transfer money from checking account to savings account, so there is a fall in M1 because the amount in checking account is reduced.

Effect on M2:

If a person transfer money from checking account to savings account, then there is a fall in checking account and at the same time there is a rise in the savings account. M1 is a component of M2.

Therefore, there will be no effect on M2.

3 0

3 years ago

A company acquired an office building, land, and equipment in a single basket purchase. The fair values were $1,560,000, $1,560,

gulaghasi [49]

Answer:

$4,900,000

Explanation:

Ratio of Building in total Fair Value = $1,560,000 / ($1,560,000 + $1,560,000 + $2,080,000)

Ratio of Building in total Fair Value = $1,560,000 / $5200000

Ratio of Building in total Fair Value = 0.3

Ratio of Building in total Fair Value = 30%

Building recorded by = $1470000

Total Purchase Price of all three asset = $1470000 / 30%

Total Purchase Price of all three asset = $1470000 / 0.3

Total Purchase Price of all three asset = $4,900,000

8 0

3 years ago

On January 1, 2017, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest se

snow_lady [41]

Answer:

1. Par Value = $3,400,000

Semi-annual coupon rate = 9%/2 = 4.5%

Semi annual coupon = Semiannual rate * Par value = 4.50$*$3,400,000

= $153,000

So, the interest that Boston will pay (in cash) to the bondholders every six months is $153,000

2. Date Account Titles and Explanation Debit Credit

Jan 1, 2017 Cash $3,400,000

Bonds payable $3,400,000

<em>(To record the issuance of bonds)</em>

Jun 30, 2017 Interest expenses $153,000

Cash $153,000

<em>(To record the first interest payment)</em>

Dec 31, 2017 Interest expenses $153,000

Cash $153,000

<em> (To record the second interest payment)</em>

<em />

3. S/n Account Titles Debit Credit

a Cash (3,400,000*98%) $3,332,000

Discount on Bonds payable $68,000

Bonds payable $3,400,000

b Cash (3,400,000*102%) $3,468,000

Premium on bonds payable $68,000

Bonds payable $3,400,000

7 0

3 years ago

Baker Mfg Inc. wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per y

Iteru [2.4K]

Answer:

inventory turnover = $15.879

Explanation:

given data

Net Revenue = $27,500

Cost of sales = $19,690

Inventory = $1,240

Total assets = $17,990

assets invested = 8%

to find out

Baker's inventory turnover

solution

we will apply here formula for inventory turnover that is express as

inventory turnover = $\frac{cost of goods sold}{Inventory investment}$ ..........................1

put here value we get

inventory turnover = $\frac{19,690}{1240}$

inventory turnover = $15.879

8 0

3 years ago