3 years ago

The following trial balance was extracted from the books of Kalekeno, a sole trader, at 31st Dec2018:

Business

1 answer:

professor190 [17]3 years ago

6 0

Answer:

do you still need help?

Explanation:

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In 1974, the price level for Pacifica was 100, the price level for Atlantica was also 100, and in the foreign exchange market 1

blsea [12.9K]

Answer: 0.78 pound mark exchange rate

Explanation:

The Purchasing power parity (PPP) is typically used to make comparison between the currencies of different countries' currencies and also used in comparing their standards of living.

According to PPP, the pound-mark exchange rate in 2003 will be calculated as:

= 280/360

= 0.78

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2 years ago

At the beginning of the year, Rangle Company expected to incur $64,000 of overhead costs in producing 6,400 units of product. Th

Studentka2010 [4]

Answer:

$48,000

Explanation:

The total cost of the units produced in the month is the sum of the direct and indirect cost. The indirect cost is also known as the overheads.

The direct cost is the sum of the direct labor and direct material cost.

Total direct cost = 600( $30 + $40)

= $42000

Indirect cost = 600/6400 * $64,000

= $6000

The total cost of the units made in January was

= $42000 + $6000

= $48,000

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3 years ago

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A municipal bond carries a coupon rate of 5.45% and is trading at par. What would be the equivalent taxable yield of this bond t

podryga [215]

Answer:

7.78%

Explanation:

Equivalent taxable yield can be calculated as follows

Equivalent taxable yield = Coupon rate / 1 - Tax Rate

Equivalent taxable yield= 5.45%/ 1 - 30% x 100

Equivalent taxable yield = 7.78%

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3 years ago

Hayes Corporation has $300 million of common equity on its balance sheet and 6 million shares of common stock outstanding. The c

Aleksandr [31]

Answer: $77

Explanation:

Given the following;

Total Book value of common equity = $300,000,000

Total outstanding shares = 6,000,000

Market Value Added (MVA) = $162,000,000

Stock price =( Market value of equity + Total Book value of equity) ÷ Number of outstanding shares

Stock price = ($162,000,000 + $300,000,000) ÷ 6,000,000

Stock price = $462,000,000 ÷ 6,000,000

Stock price = $77

Company's stock price is $77

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3 years ago

@ranga @lulu22 @amistre64 . . Which of these would appear in the Debits column of a bank statement for a checking account?. . A.

Kruka [31]

Answer:

ATM withdrawal

Explanation:

I got it by guessing and i got it right.

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3 years ago

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