A written document that states how an organization plans to protect the company's information technology assets is a:

Sage Hill Company is negotiating to lease a piece of equipment to MTBA, Inc. MTBA requests that the lease be for 9 years. The eq

Annette [7]

Answer:

$14,621.99

Explanation:

Calculation to determine what would be the amount of the annual rental payments Sage Hill demands of MTBA,

Let X be the annual lease payments

Annuity factor of 8% for 9 years = 6.74664

Discounting factor of 8% at beginning of 9 years = 0.54027

Annual Rental Payments=$100,000 = (X * 6.74664) + ($2,500 * 0.54027)

Annual Rental Payments=$100,000 = (X * 6.74664) + $1350.675

Annual Rental Payments=(X * 6.74664) = $100,000 - 1,350.675

Annual Rental Payments=X = 98,649.325 / 6.74664

Annual Rental Payments=X = $14,621.99

Therefore, what would be the amount of the annual rental payments Sage Hill demands of MTBA , is $14,621.99

7 0

3 years ago

On May 20, the board of directors for Auction declared a cash dividend of 50 cents per share payable to stockholders of record o

AleksandrR [38]

Answer:

May 20

No Entry

June 14

Dr. Dividends $255,000

Cr. Dividend Payable $255,000

July 14

Dr. Dividend Payable $255,000

Cr. Cash $255,000

July 31

Dr. Retained Earnings $255,000

Cr. Dividend $255,000

Explanation:

Dividend = $0.5 x 510,000 = $255,000

May 20

Dividend is declared, No entry is required

June 14

Dividend to be recorded on this date. As dividend is not paid yet so it will be recorded as payable and on the other hand dividend account is debited to make a contra capital account of dividend.

July 14

Dividend is paid as cash is paid so, it will be credited and the liability is reduced so, it will be debited.

July 31

At the end of the period we have to adjust the Dividend Contra capital account in retained earning to make the dividend account zero.

8 0

3 years ago

The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year, respecti

NikAS [45]

Answer:

37.5%

Explanation:

In this question, we are asked to calculate the Value of the cash return on asset

We use a mathematical representation to do this. Let’s get the formula.

Mathematically:

Cash return on assets = operating cash flows/average total assets

According to the question, the operating cash flow has a value of $150,000. The average total assists have a value of (350,000+450,000)/2 = 800,000/2 = $400,000

We input these values into the formula:

Cash return on assets = 150,000/400,000 = 37.5%

5 0

3 years ago

Why do we need to suffer from taxes

scoray [572]

Answer: In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters. Taxes fund public libraries and parks. Taxes are also used to fund many types of government programs that help the poor and less fortunate, as well as many schools! Taxes are important to federal, state, and local governments. They are the primary source of revenue for the corresponding level of government and fund the activities of the governmental entity.

Explanation:

3 0

2 years ago

Read 2 more answers

Problem 16-4 Break-Even EBIT [LO1] Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a

vovikov84 [41]

Answer:

a)

under plan I:

EBIT = $475,000

net income = $475,000

EPS = $475,000 / 195,000 stocks = $2.44

under plan II:

EBIT = $475,000

net income = $475,000 - ($2,900,000 x 7%) = $272,000

EPS = $272,000 / 145,000 stocks = $1.88

b)

under plan I:

EBIT = $725,000

net income = $725,000

EPS = $725,000 / 195,000 stocks = $3.72

under plan II:

EBIT = $725,000

net income = $725,000 - ($2,900,000 x 7%) = $522,000

EPS = $522,000 / 145,000 stocks = $3.60

c)

in thousands

EBIT / 195 = (EBIT - $203) / 145

145EBIT = 195EBIT - $39,585

50EBIT = $39,585

EBIT = $39,585 / 50 = $791.7 x 1,000 = $791,700

8 0

3 years ago