Answer:
Ok! So what is the question? Since you answered it already...
Answer:
$1,203.83
Explanation:
For computing the present value using the continuous compounding we need to apply the formula and the calculation part is also shown in the spreadsheet. Kindly find it below.
Given that
Face value = $2,600
Interest rate = 11%
Time period = 7 years
The formula is shown below:
= Face value ÷ EXP (Interest rate × Time period)
= $2,600 ÷ EXP (11% × 7)
= $1,203.83
Answer:
A). The sum of the credits will equal the sum of the debits.
Explanation:
journal entry journal entry can be regarded as record of the business transactions which is made in a accountingbooks of a business.
journal entry that is documented properly will contains correct date as well as amounts to be debited and description of the transaction, it contain amount to be credited as well as a unique reference number.Note that "There is equal amount of credit as well as debit in a journal entry"
Trial balance can be regarded as report that give lists of balances of all general ledger accounts in a firm at a particular point in time, there is compilation of all ledger balance into debit as well as credit account column totals. As rule in trial balance, the total of the debit balances as well as credit balances that is been extracted from the ledger must tally with each other.
Answer:
Capital loss = $(5.46)
Explanation:
<em>Return on investment would be the proportion of the amount invested that is earned as profit. </em>
<em>Profit here includes dividends earned plus capital gains less broker's commission.
</em>
<em>Capital gains/(loss) represents an appreciation/(depreciation) in the stock value. It is usually measures by the change in the stock value over the investment period under focus</em>
Capital gain/loss on stock = stock price at the end - stock price at the beginning
Stock price at the end= 48.78
Stock price at the beginning = 54.24
Capital loss = (48.78 - 54.24) = $(5.46)
The dividend would not be included simply it is not a capital item
Capital loss = $(5.46)
Answer:
1. $2.60
2. 4 pounds
3. $10.40
Explanation:
Given that,
Price per pound of raw materials = $2.30
Freight-in = $0.20
Receiving and handling = $0.10
Quantity per gallon of the finished product—required materials = 3.60 pounds
Allowance for waste and spoilage = 0.40 pounds
1. Standard materials price per gallon:
= Price per pound of raw materials + Freight-in + Receiving and handling
= $2.30 + $0.20 + $0.10
= $2.60
2. Standard materials quantity per gallon:
= Quantity required materials + Allowance for waste and spoilage
= 3.60 pounds + 0.40 pounds
= 4 pounds
3. Standard materials cost per gallon:
= Standard materials price per gallon × Standard materials quantity per gallon
= $2.60 × 4
= $10.40
