Answer: $172,000
Explanation:
The amount of cash payments to stockholders during the year will be calculated thus:
Cash dividend declared = $168,000
Add: Beginning dividends payable = $46,000
Less: Ending dividends payable = $42,000
Cash payments to stockholders = $172,000
Answer:
%
Explanation:
From Appendix D
Present Value of Interest Payments
PVA = A × PVIFA (n = 40, i = 13%)
A = 0.13 * 1000 = 130
= 7.650
PVA = $130 × 7.650 = $994.5
From Appendix B
Present Value of Principal Payment
PV = FV × PVIF (n = 40, i = 13%)
PV = $1,000 × .0075 = $7.5
here PVIF value AT 40 YEAR FOR 13 % is 0.0075
Present Value of Interest Payments = $994.5
Present Value of Principal Payment = $ 17.5
Total Present Value the Bond = interest payment + principal payment = $ 856.96
%
Answer:
O D $0
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Since the land is worthless, there is no next best use of the land. Thus, its opportunity cost is zero.
I hope my answer helps you
Answer:
$121,200
Explanation:
Calculation to determine the gross profit that would appear on a multiple-step income statement
First step is to determine the Net sales
Sales $ 250,000
Less Sales Discounts ($1,500)
Less Sales Returns and Allowances ($2,300 )
Net sales $246,200
Now let determine the Gross profit using this formula
Gross profit=Net sales-Cost of Goods Sold
Let plug in the formula
Gross profit=$246,200-$125,000
Gross profit=$121,200
Therefore the gross profit that would appear on a multiple-step income statement is $121,200
