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jekas [21]
3 years ago
6

Park uses a perpetual inventory system. Determine the cost assigned to ending inventory and to cost of goods

Business
1 answer:
DIA [1.3K]3 years ago
3 0

Answer:

below

Explanation:

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A bond that has a face value of $150 maturing in one year is available for purchase for $134 . What is the interest rate offered
Norma-Jean [14]

The interest rate offered on the bond is 11.94%.

<h3>What is the interest rate on the bond?</h3>

The interest rate of the bond can be determined by calculating the yield to maturity of the bond. The yield to maturity is the interest rate that equates the price of the bond to the future value of the bond.

The yield to maturity can be determined using a financial calculator:

  • Cash flow in year 0 = $-134
  • Cash flow in year 1 = $150

YTM = 11.94%

To learn more about yield to maturity, please check: brainly.com/question/26376004

8 0
2 years ago
How to generate leads on LinkedIn safely?
SSSSS [86.1K]

Answer:

<em>Cloud-based automation tools are very rewarding when used with a careful and disciplined approach. The purpose of automation tools is to make things easier for humans and that’s what cloud-based automation has been designed for. These tools come with advanced features and provide dedicated IPs which makes lead generation a 100% safe process.</em>

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3 years ago
A[n] ___________ is a promise or set of promises for the breach of which the law gives a remedy or the performance of which the
Phoenix [80]

Contract.

A contract is a legally binding agreement  that controls the rights and responsibilities of the parties who agree to it.

5 0
3 years ago
The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash
lys-0071 [83]

Answer:

2021 Balance Sheet

$5,900     Cash

$29,000   Accounts Receivable

$6,500      short-term investments

$69,000   Inventory

$110,400   TOTAL CURRENT ASSETS  

$ 165,000  Property, plant, and equipment (net)  

$165,000  TOTAL NON CURRENT ASSETS  

$275,400  TOTAL ASSETS  

$48,000   Accounts Payable  

$1,000       Interest Payable  

$20,000    Salaries Payable  

$69,000   TOTAL CURRENT LIABILITIES  

$39,000   Long Term Notes Payable  

$39,000   TOTAL NON CURRENT LIABILITIES  

$108,000  TOTAL LIABILITIES  

$145,000  Paid in Capital  

$22,400   Retained Earnings  

$167,400  TOTAL EQUITY  

$275,400  TOTAL EQUITY + LIABILITIES  

Explanation:

To complete the Total Current Assets is necessary to find the Short Term Investments, which is possible to know because the current ratio must be 1,6.

With this information it's possible to know that the total current Asssets are $110,400, and the Short Term Investments are $6,500.

To complete the Balance Sheet we need to know the total Retained Earnings that equilibrate the Accounting equation, that is $22,400.

4 0
3 years ago
Wells Fargo &amp; Company, headquartered in San Francisco, is one of the nation’s largest financial institutions. Suppose it rep
andreev551 [17]

Answer:

<u>EQUITY AND LIABILITIES</u>

<u>EQUITY</u>

Retained earnings                    $ 41,563

Preferred stock                          $ 8,485

Common stock - Issued             $ 8,743

Treasury stock                           $ 2,450

Share Premium                        $ 52,878

Total Equity                                $114,119

Explanation:

The the stockholders’ equity section of the balance sheet shows the amount of capital invested by the shareholders in the business as well as the reserves that have been allocated to them.

<u />

8 0
3 years ago
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