Answer and Explanation:
Rod Corporation
General Journal
1.
Dr Investment in Stafford Corporation Stock 65,000
Cr Cash 65,000
2.
Dr Cash 4,500
Cr Investment in Stafford Corporation Stock 4,500
3.
Dr Investment in Stafford Corporation Stock 12,000
Cr Income From Stafford Corporation 12,000
4.
Dr Income From Stafford Corporation1,000
Cr Investment in Stafford Corporation Stock 1,000
Answer:
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Explanation:
If<em> the investment yield 6% per year</em>, each year its value is multiplied by 1.06.
After 2 years, the value is multiplied by 1.06², after 3 years it is multiplied by 1.06³, and so on.
After n years, the value is multiplied by 1.06ⁿ.
You want that <em>the investment quadruples</em>, thus the multiplicative factor is 4, meaning that you want to solve for:
If you do not know logarithms, you can solve by succesive iterations:
- 1.06² = 1.1236
- 1.06⁴ = 1.2625
- 1.06¹⁰ = 1.79
- 1.06²⁰ = 3.2
- 1.06³⁰ = 5.7
- 1.06²⁵ = 4.29
- 1.06²⁴ = 4.05
- 1.06²³ = 3.82
Thus, <em>if an investement yields 6% per years</em>, it takes 24 years t<em>he investment to quadruple in value.</em>
If you know logarithms, you can make n the subject of the equation:
Again, the solution is 24 years.
Answer:
C) Items in transit sold f.o.b. destination.
Explanation:
Ending inventory = all items in hand plus all purchases bought FOB shipping point plus all sales sold FOB destination.
FOB shipping point means that the title of the goods is transferred once the goods leave the seller's warehouse.
FOB destination point means that the title of the goods is transferred only after the goods arrive to the buyer's warehouse.
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brainly.com/question/13652548
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Answer:
$50 or slightly less
Explanation:
If we assume that there is four persons namely E, S, A and K
The producer surplus is the surplus that shows the difference between the seller value and the seller cost
In the case when the seller bid against each other so here the producer surplus would be $100 or slightly less
Here only one person could able to send the good i.e. person E As the cost to the person would be lowered by the goods value
Therefore the option B is correct