Answer:
$4.00
Explanation:
Data provided:
Direct material costs in beginning Work-in-Process Inventory = $500
worth of materials is added during the month = $1,500
Equivalent units for direct materials = 500 units
Now,
the total cost incurred
= Direct material costs in beginning Work-in-Process Inventory + worth of materials is added during the month
= $500 + $1,500
= $2,000
Now,
The Cost per equivalent unit for direct materials
= 
The Cost per equivalent unit for direct materials = 
or
The Cost per equivalent unit for direct materials = $4.00
Answer: The following provisions is <em>not</em> contained in the Uruguay Round: <u><em>Tariffs were to be imposed on more than 40 percent of manufactured goods.</em></u>
In Uruguay Round, member countries brought to include GATT rules to cover trade and services. They decided to ponder on rules that protected intellectual property, reduced subsidies on agricultural products, and strengthen GATT's monitoring mechanisms.
<em>Uruguay Round contained the following provisions: </em>
<em>Agricultural subsidies were to be substantially reduced. </em>
<em>GATT fair trade rules were to be extended to cover a wide range of services. </em>
<em>Barriers on trade in textiles were to be significantly reduced over 10 years. </em>
<em>The World Trade Organization was to be created to implement the GATT agreement. </em>
Answer:
$81.52
Explanation:
To determine the price of the stock, one has to calculate the present value of the stock.
The present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator
Cash flow in year 1 = $3
Cash flow in year 2 = $4.25
Cash flow for year 3 = $100 + $6 = $106
I = 12 %
Present value = $81.52
The price one would pay for the stock today is $81.52
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
Solution :
Account Estimated Estimated
receivable loss% bad debts
Current 250,000 0.5 1250
1-30 days of past due 90,000 1.0 900
31-60 days of past due 20,000 2.0 400
61-120 days of past due 11,000 5.0 550
121-180 days of past due 6,000 10.0 600
Over 180 days of past due 4,000 25.0 1000
Total account receivable 381,000 4700
a). The amount for the bad debts expense is = 4700 - (4350 - 3830)
= 4180
b). Balance in the accounts receivable
Accounts receivable = 381,000
Less : allowance for bad debts = - 4180
Net realizable value of the accounts receivable = 376,820
c). Bad debts expense
a). 4180
Balance: 4180
The allowance for un-collectible account
Beg. Bal : 4350
write off : 3830
a). 4180
Balance 4700
Answer:
c. decreases the value of its bonds
Explanation:
There is a significant decrease in the value of the bond if the firm declares bankruptcy.
