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3 years ago

Briefly explain the weaknesses of the RSA's Industrial Development Zones?

Business

1 answer:

Leni [432]3 years ago

7 0

Revenue losses because of the various tax exemptions and incentives.
Many traders are interested in SEZ, so that they can acquire at cheap rates and create a land bank for themselves.
The number of units applying for setting up EOU's is not commensurate to the number of applications for setting up SEZ's leading to a belief that this project may not match up to expectations.

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On January 1, 2020, Tamarisk Corporation issued $700,000 of 9% bonds, due in 8 years. The bonds were issued for $740,784, and pa

EleoNora [17]

Answer:

Cash 740,783 debit

Bonds payable 700,000 credit

Premium ob BP 40,783 credit

--to record issuance--

Interest expense 29,631.32 debit

premium on BP 1,868.68 debit

cash 31,500 credit

--to reocrd first interest payment--

Interest expense 29,556.57 debit

premium on BP 1,943.43 debit

interest payable 31,500 credit

--to record accrued interest at year-end on BP--

Explanation:

procceds 740,783

face value <u> 700,000 </u>

premium on bonds payable 40,783

When comparing, the firm received more than the face value hence, there is a premium on the bonds as the coupon payment are above the market rate.

Now, the interest will be calculate as follow:

carrying value x market rate:

740,783 x 0.08/2 = 29,631.32 interest expense

cash outlay:

700,000 x 0.09/2 = 31,500

amortization on premium (difference) 1,868.68

new carrying value: 740,783 - 1,868,68 = 738,914

second payment accrual:

738,914 x 0.04 = 29,556.57

cash outlay 31500

amortization 1,943.43

7 0

3 years ago

Mountain High Ice Cream Company transferred $74,000 of accounts receivable to the Prudential Bank. The transfer was made without

quester [9]

Answer:

Would handle this 2moro

Explanation:

7 0

3 years ago

Read 2 more answers

Can I get the answer and explanation to attached question please?

lord [1]

The value of the holdings of Megahurtz International Car Rentals at year end is CA$176,923.08

The value of the holdings if the real went up against the dollar is $266, 667. 67.

<h3>How to find the value of the holdings?</h3>

The exchange rate before the real declined was:

= 270,000 / 200, 000

= 1.35 real per dollar

The new exchange rate after the Real declined was:

= 1.35 x 1.3

= 1.755 Real per dollar

The value of the holdings at year end in Real will therefore be:

= 270, 000 x 1.15

= 310, 500 Real

In Canadian dollar this is:

= 310, 500 / 1.755

= CA$176,923.08

The new exchange rate as a result of the Real increasing in value is:
= 1.35 x (1 - 16% increase in value)

= 1.134 Real per dollar

The value of the holdings at year end would therefore be:

= 270,000 x (1 + 12% earning)

= 302, 400 Reals

In Canadian Dollar this is:

= 302, 400 / 1.134

= CA$266, 666. 67

Find out more on the value of holdings at brainly.com/question/15352363

#SPJ1

7 0

1 year ago

The admissions director at big city university proposed using the iq scores of current students as a marketing tool. the univers

Vika [28.1K]

The complete question is as follows:

The admission directory of Big City University has a novel idea. He proposed using the IQ scores of current students as a marketing tool. The university agrees to provide him with enough money to administer IQ tests to 50 students. So the director gives the IQ test to an SRS of 50 of the university’s 5000 freshman. The mean IQ score for the sample is xbar=112. The IQ test he administered is known to have a σ of 15. What is the 95% Confidence Interval about the mean? What can the director say about the mean score of the population of all 5000 freshman?

Answer: The 95% confidence interval about the mean is $Confidence interval = 107.84 \leq \mu \leq 116.16$ .

The director can say that he is 95% confident that the mean IQ score of the 5000 freshmen lies between 107.84 and 116.16.

We follow these steps to arrive at the answer:

Since the population standard deviation of the IQ test is known, we can use the Z scores to find the confidence interval.

The formula for the confidence interval about the mean is:

$Confidence interval = \overline{X}\pm Z*\frac{\sigma}{\sqrt{n}}$

In the equation above, X bar is known as the point estimate and the second term is known as Margin of Error.

The Critical Value of Z at the 95% confidence level is 1.96.

Substituting the values in the question in the equation above we have,

$Confidence interval = \112\pm 1.96*\frac{15}{\sqrt{50}}$

$Confidence interval = \112\pm 4.157787873}$

$Confidence interval = 107.8422121 \leq \mu \leq 116.1577879$

5 0

3 years ago

rede Company budgeted selling expenses of $30,600 in January, $34,500 in February, and $40,500 in March. Actual selling expenses

KengaRu [80]

Answer:

JANUARY

By month

$1,100 Unfavorable

Year-to-date

$1,100 Unfavorable

FEBRUARY

By month

$420 Favorable

Year-to-date

$680 Unfavorable

MARCH

By month

$7,900 Unfavorable

Year-to-date

$8,580 Unfavorable

Explanation:

Preparation of a selling expense report that compares budgeted and actual amounts by month and for the year to date

SELLING EXPENSE REPORT

JANUARY

By month

Budget Actual Difference

$30,600 -$31,700 =$1,100 Unfavorable

Year-to-date

Budget Actual Difference

$30,600-$31,700=$1,100 Unfavorable

FEBRUARY

By month

Budget Actual Difference

$34,500-$34,080=$420 Favorable

Year-to-date

Budget Actual Difference

$65,100-$65,780=$680 Unfavorable

($30,600+$34,500=$65,100)

($31,700+$34,080=$65,780)

MARCH

By month

Budget Actual Difference

$40,500-$48,400=$7,900 Unfavorable

Year-to-date

Budget Actual Difference

$105,600-$114,180=$8,580 Unfavorable

($65,100+$40,500=$105,600)

($65,780+$48,400=$114,180)

5 0

3 years ago