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3 years ago

5

a truck costs $35,000 with a residual value of $2000. its service life is five years using the declining balance method at twice

the straight line rate the book value at the end of year 2 is

1 answer:

Sveta_85 [38]3 years ago

4 0

What grade is this???

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Jetson Spacecraft Corp. shows the following information on its 2019 income statement: sales = $214,000; costs = $91,000; other e

Verdich [7]

Answer:

The 2019 cash flow to creditors is $3,800

Explanation:

The computation of the cash flow to creditors is shown below:

= Interest expense - ending balance of long term debt + beginning balance of long term debt

= $13,300 - $9,500 + $0

= $3,800

Since beginning balance of long term debt is not given so we assume zero amount.

The other items which are mentioned in the question are not being considered in the computation part. hence, these part are ignored

8 0

3 years ago

All of the following statements about stock indexes are true EXCEPT

sesenic [268]

Answer:

C. stock indexes are unbiased and perfect indicators of market activity.

Explanation:

Stock indexes are a tool that is used to track a group of assets using standardised criteria.

Usually indexes monitors a group of securities. Indexes can be broad based or specialised.

Indexes are statistically derived benchmarks that securities are measured against. They are however not unbiased and perfect indicators of market activity.

This is because investor behaviour cannot be guaged statistically.

However indexes replicate the market activity in a certain segment of the stock market, serve as a benchmark to evaluate investment manager performance, and are based on criteria that define the market segment of interest.

6 0

3 years ago

Customers around the world know Pepsi and consider it a primary "go-to" brand if they want a refreshing drink. This positioning

olga_2 [115]

This positioning reflects Pepsi’s careful targeting and marketing mix implementation

Explanation:

However, if you characterize your target market carefully and narrowly, your efforts will work more successfully.

Implementation of Marketing Marketing and action planning blend. There are links between the action plans and marketing mix. That is to say, the risk assessments contain a detailed description of the marketing plan, as well as its objectives and targets , mixed marketing activities, processes and measures of program assessment, budgetary factors and scheduling considerations, and quantitative evaluations.

5 0

3 years ago

A company issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2019. Interest is paid on June 30 and December 31. T

shutvik [7]

Answer:

$14,747,642

Explanation:

Data provided in the question

Issued amount = $15,000,000

Coupon rate = 7.8%

Time period = 20 years

Yield to maturity is 8%

So for computing the carrying value of the bonds

First we have to compute the discount amortization for 3 years which is shown below:

= ($15,000,000 - $14,703,108) ÷ 20 years × 3 years

= $44,533.80

So, the carrying value of the bonds

= $14,703,108 + $44,533.80

= $14,747,642

3 0

3 years ago

San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost

muminat

Answer:

The average cost of ending inventory is $37,259 and cost of goods sold for october is 24,166

Explanation:

In order to calculate the average cost of ending inventory, we would have to calculate first the cost to retail ratio with the following formula:

cost to retail ratio=Total cost/Total retail

According to the given data, the total cost=$61,425, and the total retail= $87,100, Hence:

cost to retail ratio=$61,425/$87,100= 70.5%

Also, we have to calculate the ending inventory at retail=$87,100+$1,700-$1,050-$37,00=$52,850

Therefore, the average cost of ending inventory= $52,850×70.5%

=$37,259

To calculate the cost of goods sold for october we would have to use the following formula:

cost of goods sold=Beginning inventory+purchases-ending inventory

=$40,000+$21,425-$37,259

=$24,166

6 0

3 years ago