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2 years ago

8

Keisler's has cost of goods sold of $11,518, interest expense of $315, dividends of $420, depreciation of $811, and a change in

retained earnings of $296. What is the taxable income given a tax rate of 21 percent

1 answer:

True [87]2 years ago

6 0

Solving: 420+296 = 716
716/(1-.21) = 906.33

Answer: $906.33

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A homebuyer wishes to finance the purchase with a $95,000 mortgage with a 20-year term. What is the maximum interest rate the bu

galina1969 [7]

Answer:

0.811% per month is the amximum rate it can affor

or 9.732% annual rate with monhly compounding.

Explanation:

We have to solve for the rate at which the monthly payment equals 900 dollars.

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 900.00

time 240

rate r

PV $95,000.0000

$900 \times \frac{1-(1+r)^{-240} }{r} = 95,000\\$

Given the complexity of the formula we solve using excel or a financial calcualtor

we write on a1 =PV(A2;240;95000)

on a2 we write any number between 0 and 1

then we use goal seek tool adn define that we want A1 to be 95,000 by changing A2 (which is the argument for rate)

the value of A2 after this is our answer:

$900 \times \frac{1-(1+0.00811)^{-240} }{0.00811} = PV\\$

PV $95,000.0000

5 0

2 years ago

The investor-supplied items—debt, preferred stock, and common equity—are called capital components. Increases in assets must be

Brrunno [24]

Answer:

True

Explanation:

The statement is true; companies usually attain extra financing either by debt or equity (Preferred stock or common stock). Organisations for the most part have a decision with respect to whether to look for Preferred stock, common stock or Debt financing. The decision frequently relies on which source of financing is most effectively available for the organisation. Firms and organisation use that extra funds from stock to invest in new ventures and to buy new machinery, which increases the overall assets of the company.

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2 years ago

Dee's suggestion that the company needed more control over the way its products were displayed, priced, and promoted prompted a

aleksandrvk [35]

Answer:

D.administered distribution system.

Explanation:

Administered Distribution System is a system in which producer manages all the marketing functions at the retail outlets.

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2 years ago

Write a three- to five-sentence paragraph that defines economics. Based on your definition, explain why it is difficult to consi

erastovalidia [21]

Answer: See explanation

Explanation:

Economics is referred to as a social science that is concerned with how goods are produced, how they're distributed and how they're consumed. Economics is the social science that studies why human beings behave the way that they do.

It is difficult to consider Economics as a science because it lacks a hypotheses that's testable. Also, there is lack of consensus and the scientific method is not followed in Economics.

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2 years ago

Nebraska Inc. issues 4,100 shares of common stock for $131,200. The stock has a stated value of $15 per share. The journal entry

julsineya [31]

Answer:

$61,500

Explanation:

Based on the information given if the company

issues 4,100 shares of common stock for the amount of $131,200 in which the stock has a stated value of $15 per share which means that The journal entry to record the stock issuance would include a credit to Common Stock for $61,500 Calculated as:

Credit to Common Stock=4,100 shares*$15 per share

Credit to Common Stock=$61,500

5 0

3 years ago