Answer:
$65,076,885.59
Explanation:
We use the Present value formula that is shown in the spreadsheet attachment
Given that,
Future value = $0
Rate of interest = 6.5%
NPER = 10 years
PMT = $85,000,000 ÷ 10 annual payments = $8,500,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $65,076,885.59
Answer: $50,000
Explanation: This is why I believe the answer is $50,000
- When the shipping terms are FOB
destination, the seller has the responsibility of all costs of
transporting the goods to the buyer.
Therefore, the seller is responsible for the
payment of packaging costs ($1,000),
shipping costs ($4,500), and the special
handling charges ($2,000). The only
amount to be included as the buyer's cost
of the inventory purchased is the purchase
price ($50,000).
Answer:
D. Any of the above, depending on the transactions
Explanation:
The double entry principle simply means that any accounting transaction has two records: one credit, and one debit, and it depends on the nature of the transaction, and of the accounts involved which specific value is credited and which one is debited.
For example, if a firm purchases 100$ of office supplies with cash, the credited account is cash, because cash is reduced by $100, while the office supplies account is debited by the same value.
If a firm sells 100$ of office supplies instead, the office supplies inventory is credited for this value, while the same amount of cash is debited for this same amount.
Answer:
The correct answers are B and D, as in both options the goods are produced in the United States. Although option B refers to a Swedish company, it doesn't matter were does the company comes from when referring to the GDP. Option C refers to a product that is not for final consumers.
The gross domestic product (GDP) of the United States is defined as the market value of all the goods and services produced for final demand in the territory of the United States in a given period of time.
Explanation:
In macroeconomics, the gross domestic product (GDP) is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a given period, usually one year.
Answer:
<em> D)</em> $3,937.50 favorable
Explanation:
We need to use the formula to work out the variance:
![$$Actual hours worked * (standard overhead rate - Actual overhead rate)\\=Variable overhead spending variance](https://tex.z-dn.net/?f=%24%24Actual%20hours%20worked%20%2A%20%28standard%20overhead%20rate%20-%20Actual%20overhead%20rate%29%5C%5C%3DVariable%20overhead%20spending%20variance)
We post the know values in your table and calculate the variance.
![7,875 * (31.5 - 31) = 3.937,5](https://tex.z-dn.net/?f=7%2C875%20%2A%20%2831.5%20-%2031%29%20%3D%203.937%2C5)
It is favorable because the actual price was lower than standart, the company saved cash, it was a favorable spending.
Remember:
If Standard - Actual = positive --> favorable variance
If Standard - Actual = negative --> unfavorable variance