What are the name of the 7 contents

"11 Item 11Item 11 The following events took place at a manufacturing company for the current year: (1) Purchased $95,000 in dir

Naily [24]

Answer:

The the value of the ending Finished Goods Inventory $24,628,50

Explanation:

See attached file

5 0

3 years ago

The following facts apply to the pension plan of Carla Inc. for the year 2020.

Natali5045456 [20]

Solution:

Carla Inc.

Pension Worksheet - 2020

<u>General journal Entries</u> <u>Memo Record</u>

Items Annual pension Cash Pension Projected Plan

expense Asset/liability benefit oblig. assets

Balance, Jan 1 470,900 470,900

Service cost 38,500 38,500

Interest cost 37,672 37,672

Actual return 46,800 46,800

Contributions 24,300 24,300

Benefits 34,700 34,700

Journal entry, 29,372 24,300 5072

Dec 31, 2020

Balance, Dec 31 5072 512,372 507,300

2020

6 0

3 years ago

1. Determine whether a $100,000, 3-month T-Bill selling at $97,645 or a 10%, semi-annual coupon bond selling at par has the grea

stiv31 [10]

The 10% semi-annual coupon bond selling at par has the greater effective annual return than the $100,000, 3-month T-Bill selling at $97,645.

<h3>Data and Calculations:</h3>

T-Bill:

Face value of T-Bill = $100,000

Present value of the T-Bill = $97,645

Effective yield rate = 9.65% ($2,355/$97,645 x 100 x 12/3)

Bond:

Face value of bond =$100,000

Interest = 10% semi-annual

Present value of the bond = $104,761.90

Effective yield rate = 9.80%

Thus, the 10% semi-annual coupon bond selling at par has the greater effective annual return than the $100,000, 3-month T-Bill selling at $97,645.

Learn more about Bonds and T-Bills at brainly.com/question/15394251

4 0

3 years ago

During a boom, the actual rate of unemployment will be Group of answer choices

icang [17]

Answer:

The correct answer is letter "C": equal to the natural rate of unemployment .

Explanation:

Unemployment is the state in which an individual does not have a job but is actively looking for one. The Natural Rate of Unemployment or NRU represents the unemployment there is based on full-employment real output. <em>In case an economy is producing an efficient amount of output, meaning the economy is in expansion or "boom", the actual unemployment rate equals the NRU.</em>

8 0

3 years ago

Tom’s Grocery purchased 5 new cash registers for their new store and they paid $2,400 each for a total of $12,000 on August 1, 2

SVETLANKA909090 [29]

Answer:

c. Depreciation $1,000

f. Property, Plant and Equipment $12,000

Explanation:

Tom's Grocery purchased 5 new cash registers which amount $2400 each. They have useful life of 5 years. Using straight line depreciation the annual depreciation charge will be $2,400 / 5 which is $480 per year per cash register. There are 5 cash registers so total depreciation expense will be $480 * 5 = $2,400 per year for 5 registers.

The registers are bought on August 1st, 2013 and the year end is December 31st, 2013 there are 5 months, the depreciation expense will be prorated based on the months.

$2,400 * 5/12

$1,000.

3 0

4 years ago