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3 years ago

6

Percent of all profits and losses, this extra allocation indicates total goodwill of $150,000, which must be split among all par

tners.

1 answer:

ivann1987 [24]3 years ago

8 0

This fact is true, but is this a question?

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On December 31, 2020, Larkspur Company has $7,016,000 of short-term debt in the form of notes payable to Gotham State Bank due i

malfutka [58]

Answer:

Short term debt after the reclasification: 3,352,340

Explanation:

The company expect to borrow from their receivables.

As the lower amount expecteed for the receivables is 6,006,000

we will refinance up to 61% of this amount thus:

6.006.000 x 61% = 3.663.660

This is the amount the company will expect to refinance with new notes payable instead of honor the original note.

short term debt 7,016,000

less <u> 3,663,660 </u>reclassified as long term

new short-debt 3,352,340‬

3 0

3 years ago

At the beginning of the year, Zinc Inc. estimated that overhead would be $115,000 and direct labor hours would be 23,000. At the

Basile [38]

Answer:

a. $ 900 underapplied

Explanation:

Based on the data provided we conclude that the factory overhead is applied on the basis of direct labour hours.

Determination of Overhead rate

Estimated overhead $ 115,000

Direct labour hours 23,000 hours

Overhead rate per direct labor hour is $ 115,000/ 23,000 = $ 5 per direct labor hour

Amount of applied overhead = Direct Labor hours * Overhead rate per hour

Applied Overhead = $ 5 * 35,000 $ 175,000

Actual Overhead <u>$ 175,900</u>

Underapplied Overhead $( 900)

6 0

3 years ago

In the base year the average family spent 25% of its income on Good X, 25% on Good Y, and 50% on Good Z. Over the second year th

sveta [45]

Answer:

none of the above broskie

Explanation:

4 0

2 years ago

The exercise price of the options is $100 per share, all options are European, and the stock does not pay any dividend. The call

defon

Answer:

Stock Price is $98.70

Explanation:

given data

exercise price = $100 per share

call price = $25 per share

put price = $17 per share

mature time = 2 years

annual rate of interest = 5%

to find out

What is the stock price today

solution

we will use here Put Call Parity for find out Stock Price that is express as

C + $\frac{100}{(1+r)^t}$ = S + P .....................a

we know here that C is call price and r is rate and t is time and S is Stock Price and P is put price

so put all value in equation a

C + $\frac{100}{(1+r)^t}$ = S + P

25 + $\frac{100}{(1+0.5)^2}$ = S + 17

solve it we get

P = $98.70

so Stock Price is $98.70

3 0

2 years ago

Using SMART goal-Written criteria blank refers to asking how ?

Yakvenalex [24]

Answer:

A.measurable

Explanation:

Smart is an acronym Specific, Measurable, Achievable,

Realistic and Timely. These are attributes that guide how goals or objectives should be set.

The question of " how" is answered by the attribute 'measurable.'

In this criterion, measurable describes the specific criteria to be used and the ways of measuring progress toward accomplishing the goal. The path to achieving the objective must be meaningful and motivating.

6 0

2 years ago

Read 2 more answers