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Silver Enterprises has acquired All Gold Mining in a merger transaction. The following balance sheets represent the premerger bo

tamaranim1 [39]

Answer:

Silver Enterprises Post Merger Balance Sheet

Current Assets 12,920 Current liabilities 10,460

Other Asset 4,480 Long-term debt 19,770

Net Fixed Asset 24,810 Equity 17,450

Goodwill 5,470

$47,880 $47,680

Explanation:

Current assets = 10,000 + 2,920 = 12,920

Other assets = 3,100 + 1,380 = 4,480

Current liabilities = 7,840 + 2,620 = 10,460

Net fixed assets = 17,300 + 7,510= 24,810

Long-term debt = 5,110 + 14,660 = 19,770

Equity = $17,450

8 0

2 years ago

Your father is now planning to retire, and his employer has promised him a guaranteed, but fixed, income of $50,000 per year for

ohaa [14]

Answer:

(C) 18,844.47

Explanation:

You need to use the Inflation-Adjusted Return formula:

$InflationAdjustedReturn=\frac{1+return}{1+inflationrate}-1$

So, basically you need to calculate it year by year. You can use excel, or an online calculator. I will attached you a link where you can find a good one. But this would be the process

$InflationAdjusted ReturnYear1=\frac{1+return}{1+inflationrate}-1=\frac{1+50000}{1+0.05}-1=47,619$

$InflationAdjusted ReturnYear2=\frac{1+returnyear1}{1+inflationrate}-1=\frac{1+47,619}{1+0.05}-1=45,351$

$InflationAdjusted ReturnYear3=\frac{1+returnyear2}{1+inflationrate}-1=\frac{1+45,351}{1+0.05}-1=43,192$

And so on...

$InflationAdjusted ReturnYear20=\frac{1+returnyear19}{1+inflationrate}-1=\frac{1+19,787}{1+0.05}-1=18,844$

Keep in mind that I did not write all decimals. You need to consider them if you want an exact answer

Online calculator:

https://www.ameriprise.com/research-market-insights/financial-calculators/savings-taxes-inflation/

3 0

2 years ago

Calculate an activity rate for packing based on packing orders. a.$1.20 per packing order b.$9.00 per packing order c.$60.00 per

EleoNora [17]

Answer:

d.$10.00 per packing order

Explanation:

The formula to compute the activity rate for packing order is shown below:

Activity rate for packing order = Total packing orders cost ÷ Total number of packing order

where,

Total packing order cost = $24,000

And, the total number of packing order = 400 + 2,000 = 2,400

So, the activity rate for packing order is

= ($24,000) ÷ (2,400 orders)

= $10 per packing order

4 0

2 years ago

Karen owns City of Richmond bonds with a face value of $10,000. She purchased the bonds on January 1, 2018, for $11,000. The mat

Ainat [17]

Answer:

amount of taxable interest income that Karen report for 2018 = 0

Amortization per year = $100

Adjusted basis = $ 10,900

Explanation:

given data

face value = $10,000

purchased the bond = $11,000

interest rate = 4%

solution

we know here that City of Richmond bonds that is tax exempted

so that amount of taxable interest income that Karen report for 2018 = 0

and

as Premium on the bond is

Premium on the bond = purchased the bond - face value

Premium on the bond = 11,000 - 10,000 = 1,000

and here time Period = 10 years ( January 1, 2018 to December 31, 2027 )

so Amortization per year is

Amortization per year = $\frac{1000}{10}$

Amortization per year = $100

so

Adjusted basis will be = Purchase price - Premium amortized

Adjusted basis = 11,000 - 100

Adjusted basis = $ 10,900

8 0

2 years ago

Holdt Inc. produces and sells a single product. The selling price of the product is $230.00 per unit and its variable cost is $6

katovenus [111]

Answer:

A. $1,300 units

Explanation:

Data provided

Fixed expenses = $212,290

Product price = $230.00

Variable cost = $66.70 per unit

The calculation of break-even in monthly unit sales is shown below:-

Unit sales to break even = Fixed expenses ÷ Unit Contribution Margin

= $212,290 ÷ ($230.00 per unit - $66.70 per unit)

= $212,290 ÷ $163.30 per unit

= $1,300 units

Therefore for computing the units sales to break even we simply applied the above formula.

3 0

2 years ago