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lana [24]
3 years ago
5

Cost of merchandise sold to customers $ 223,000

Business
1 answer:
barxatty [35]3 years ago
7 0

213

bc i said so and i think

Explanation:

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Confidentiality is the answer you are looking for
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You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $28,000, $32,000, $66,000,
larisa86 [58]

Answer:

$202,137.90  

Explanation:

Year Annual payment Discount factor  Present value  

1 $28,000          0.965250965 $27,027.03  

2 $32,000          0.931709426         $29,814.70  

3 $66,000          0.899333423         $59,356.01  

4 $99,000          0.868082454 $85,940.16

Total present value                                         $202,137.90  

The discount factor should be computed by  

= 1 ÷ (1 + interest rate)^years  

where,  

rate is 3.6%  

Year = 0,1,2,3,4 and so on  

6 0
3 years ago
Robert is writing a report about ty cobb, a famous baseball player, and needs to gather information. he types "ty cobb" into his
Mkey [24]
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On January 1, 2004, Oak Co. issued 400 of its 8%, $1,000 bonds at 97 plus accrued interest. The bonds are dated October 1, 2003
Anastaziya [24]

Answer:

Oak Co.

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$400,000.

Explanation:

a) Data and Calculations:

Cash from the issue of 400 bonds = 400 * $1,000 * 97/100 = $388,000

Interest rate = 8% semiannually on April 1 and October 1

Bonds payable = $400,000 ($1,000 * 400)

Date of bonds = October 1, 2003

Accrued interest from October 1, 2003 to January 1, 2004 = $8,000

b) The bonds payable is the face value of the bonds.  It is the amount that will be due for repayment to bondholders on the maturity of the bonds in 10 years' time, precisely on October 1, 2013.

7 0
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