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34kurt
3 years ago
9

This is more a question about highschool. What are exams like? I am going into High school next year. so yea

Business
2 answers:
cestrela7 [59]3 years ago
8 0
Are you doing online or going to an actual school?
mihalych1998 [28]3 years ago
3 0
Not as bad as you think. The biggest struggles i have had with high school is the homework, But its possible. Exams are just a scary word for a test. Take plenty of notes and be organized and you will be fine.. Hope this helped good luck! <span />
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During the past year, a company reported net income of $230,000. Depreciation expense was $22,000. In December the company recei
tamaranim1 [39]

Answer: $259000

Explanation:

Based on the information provided in the question, the amount of cash provided by operating activities that should appear on a statement of cash flows would be:

Net income = $230,000

Add: Depreciation expense = $22,000

Add: Rent = $7000

Total = $259,000

8 0
3 years ago
A ________ is a contract that provides that a seller of a business or an employee will not engage in a similar business or occup
Mariulka [41]

Answer:

The answer is non-compete agreement

7 0
3 years ago
Prior to September 30, a company has never had any treasury stock transactions. A company repurchased 1,000 shares of its $2 par
kondor19780726 [428]

Answer: Please refer to Explanation

Explanation:

The following will be the journal entry on October 2nd

October 2

DR Cash $8,400

CR Treasury Stock $8,000

CR Additional Paid-in Capital $400

(To record reissuance of Treasury Stock)

Workings

Cash = 400 * 21

= $8,400

Treasury Stock = 400 * 20 (purchase price)

= $8,000

Additional Paid-in Capital = (21 - 20) * 400

= $400

7 0
3 years ago
How much manufacturing overhead was incurred during the​ year? Is manufacturing overhead underallocated or overallocated at the
professor190 [17]

Answer:

1. Overhead incurred during the year;

= Depreciation on manufacturing plant and equipment + Property taxes on plant + Plant Janitors wages

= 485,000 + 19,000 + 9,500

= $513,500

2. The under or over allocation depends on how much manufacturing overhead was allocated to jobs for the year.

= Actual machine hours * Overhead rate

Overhead rate = Manufacturing overhead cost / Allocated Machine hours

= 570,000 / 71,250

= $8

Allocated Manufacturing Overhead = 57,000 * 8

= $456,000

The allocated manufacturing overhead is more than the actual overhead. This means that it is Underallocated and the company did not budget enough for the overheads.

Underallocation = 513,500 - 456,000

= $57,500

6 0
4 years ago
Bond X is noncallable and has 20 years to maturity, an 11% annual coupon, and a $1,000 par value. Your required return on Bond X
stira [4]

Answer:

You should be willing to pay $984.93 for Bond X

Explanation:

The price of a bond is equivalent to the present value of all the cash flows that are likely to accrue to an investor once the bond is bought. These cash-flows are the periodic coupon payments that are to be paid annually and the proceeds from the sale of the bond at the end of year 5.

During the 5 years, there are 5 equal periodic coupon payments that will be made. Given a par value equal to $1,000 and a coupon rate equal to 11% the annual coupon paid will be 1,000*0.11 = $110. This stream of cash-flows is an ordinary annuity.

The  PV of the cash-flows = PV of the coupon payments + PV of the value of the bond at the end of year 5

Assuming that at the end of year 5 the yield to maturity on a 15-year bond with similar risk will be 10.5%, the price of the bond will be equal to :

 110*PV Annuity Factor for 15 periods at 10.5%+ $1,000* PV Interest factor with i=10.5% and n =15

= 110*\frac{[1-(1+0.105)^-^1^5]}{0.105}+ \frac{1,000}{(1+0.105)^1^5}=$1,036.969123

therefore, the value of the bond today equals

110*PV Annuity Factor for 5 periods at 12%+ $1,036.969123* PV Interest factor with i=12% and n =5

= 110*\frac{[1-(1+0.12)^-^5]}{0.105}+ \frac{1,036.969123}{(1+0.12)^5}=$984.93

5 0
3 years ago
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