Answer:
debit interest expense of $16,634 , debit note payable $24,126 : Credit cash $40,760
Explanation:
Please attachment.
Answer:
The current value of the bond is $796.04
Explanation:
The current value of a bond is the present value of all the cash inflows expected from the bond in the form of an annuity of interest payments and the term end face value payment discounted by the required rate of return or market interest rates. Thus, the current price of this bond will be,
Interest payment from the bond per year = 1000 * 0.07 = $70
The present value of ordinary annuity formula is attached in the answer.
Price = 70 * [ (1 - (1+0.14)^-4) / 0.14 ] + 1000 / (1.14)^4
Price of the bond = $796.04
Answer:
The required workers will be 48
Explanation:
The first step will be calcualte the rate of production per hour:
Rate: 150,000 / (50 wk x 10/wk x 7.5hr/shift) = 150,000/3750 = 40
Then the amount it takes to do a single unit:
Cicle: 60 minutes per hours x 0.95 efficiency / 40 units per hour:
1.425 minutes per unit
Then we include repositioning:
1.425 - repositioning: 8/60 = 1,291666666666667 min
The actual workers needed will be:
working time / balancing efficient x net cycle
58 minutes per worker / 0.93 (1,291666666666667) = 48
Answer:
a. $1,600.
Explanation:
The computation of the amount of the dividend that should be paid to the preference shareholder in the second year is shown below:
Annual dividend is
= 1,500 shares × 7% × $10
= $1,050
Now the dividend that should be paid to the next year
= $1,050 + $1,050 - $500
= $1,600
Hence, the mount of the dividend that should be paid to the preference shareholder in the second year is $1,600
The answer to the question above is Re-sellers. not to mention the question above stating that a firm sells goods that is purchased for a re-sale automatically refers to the Re-sellers. The Re-sellers can be a retailer that sells to the end users or sells to other business firms like the whole seller. basically the term Re-seller is a firm that who buys product lesser in the market and sells it with added value.