What does the video recommend if you notice a lot of fees appearing on your statement?

A schedule listing account balances for the current and previous years, and columns for adjusting and reclassifying entries prop

g100num [7]

Answer:working trial balance

Explanation:

A trial balance is a statement prepared to test the mechanical accuracy of ledger transactions

4 0

3 years ago

Read 2 more answers

Brewster's is considering a project with a life of 5 years and an initial cost of $120,000. The discount rate for the project is

PSYCHO15rus [73]

Answer:

Net present value 27.792‬

Explanation:

Sales 2.100 units x 20 net cash flow = $ 42,000 cash flow per year

Present value of the first three years:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 42,000

time 3 years

discount rate: 0.12

$42000 \times \frac{1-(1+0.12)^{-3} }{0.12} = PV\\$

PV $100,876.9133

For year 4 and 5 we need to check for the expected cashflow

We will multiply each outcome by their probability:

1,400 units x $20 per unit x 0.5 chance = 14,000

2,500 units x $20 per unit x 0.5 chance = 25,000

expected return: 39,000

present value of these years:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $39,000.0000

time 4 end of year 4th

rate 0.12

$\frac{39000}{(1 + 0.12)^{4} } = PV$

PV 24,785.21

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $39,000.0000

time 5 end of year 5th

rate 0.12

$\frac{39000}{(1 + 0.12)^{5} } = PV$

PV 22,129.65

Net present value will be the present value of the cash flow less the investment.

100,877 + 24,785 + 22,130 - 120,000 = 27.792‬

7 0

3 years ago

For more than a century, Americans moved from rural to metropolitan areas. Then in the 1950s, Americans made a mass exit from th

Charra [1.4K]

Answer:

economic dimension

Explanation:

Based on the information provided within the question it seems that this trend affects the location of many businesses and is part of the economic dimension in which they operate. This can be said because economic dimension refers to all the economic outputs that occur because of a certain event. In this scenario the back and forth of people moving to or from the suburbs causes business to either increase or decrease in value because of the amount of people that are around to buy from their stores. Therefore it greatly affects the businesses economy.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0

3 years ago

Coronado Corporation had net sales of $2,409,000 and interest revenue of $35,100 during 2020. Expenses for 2020 were:

Ivenika [448]

Answer:

Coronado Corporation

Income statement for the year 2020

$ $

Net Sales 2,409,000

Interest Revenue 35,100

Total income 2,409,000

Cost of goods sold (1,452,700)

Gross Income 956,300

Operating Expense

Administrative expenses 215,700

Selling expenses 287,700

Total Operating Expenses (503,400)

Operating Income 452,900

Interest expense (49,800)

Income before Tax 403,100

Tax rate 30% 120,930

Net Income 282,170

Explanation:

Sales and Interest revenue are from the revenue section and totalling them we get total income. After deducting cost of goods sold we have gross income. From here we will subtract operating expenses from gross income to reach at operating income. after deducting interest and tax expenses we can have net income for the year.

3 0

3 years ago

Delta Lighting has 30,000 shares of common stock outstanding at a market price of $15.00 a share. This stock was originally issu

Oksi-84 [34.3K]

Answer:

Option (B) 10.87%

Explanation:

Data provided in the question:

common stock outstanding = 30,000

Market price = $15.00

Issuing price of share = $31 per share

Total face value = $280,000

Selling price = 86% of par

Cost of equity, ke = 13%

After-tax cost of debt, kd = 6.9%

Beta = 1.48

Tax rate = 30%

Now,

Market value of debt, Md = Total face value × Selling price

= $280,000 × 86%

= $240,800

Market value of equity, Me = Stocks outstanding × Market price

= 30,000 × $15

= 450,000

Thus,

WACC = [ Kd × Md + Ke × Me ] ÷ ( Md + Me )

= [ 0.069 × $240,800 + 0.13 × $450,000 ] ÷ ( $240,800 + $450,000 )

= $75,115.20 ÷ $690,800

= 0.1087

or

= 0.1087 × 100%

= 10.87%

Option (B) 10.87%

5 0

3 years ago