Answer:
PV $402,264.7261
balance of the mortage
1-y from now $364,445.9041
2-y from now $323,601.5765
3-y from now $279,489.7026
4-y from now $231,848.8788
5-y from now $180,396.7891
6-y from now $124,828.5322
7-y from now $64,814.8148
Explanation:
We sovle for the PV of the annuity of 70,00 during 8 years discounted at 8%
C 70,000.00
time 8
rate 0.08
PV $402,264.7261
To know the value of the outstanding dbet we can repeat this formula changing the values for time
t = 7 $364,445.9041
t = 6 $323,601.5765
t = 5 $279,489.7026
t = 4 $231,848.8788
t = 3 $180,396.7891
t = 2 $124,828.5322
t = 1 $64,814.8148
Answer: A. Expenses are increased
B. Net income is reduced
E. A liability (such as salaries payable) will be increased.
Explanation:
An accrued expense is an expense that is witten when it was incurred even before it's eventually paid. e.g wages payable.
The effect of an accrued expense such as salaries expense adjustment on the income statement and the balance sheet is that there'll ba na increase in expense. Also, there'll be an increase in liability such as the salaries payable. Since there is an increase in liability, thus will bring about a reduction in the net income.
Answer:
The value of your portfolio on May 3 is $16,058.
Explanation:
Since it is assumed that there is no tax, the value of a share on ex-dividend date is the current share per share minus the announced dividend per share share. Therefore, we have:
Price per share on ex-dividend date = Current share per share - Announced dividend per share share = $55 - $3.20 = $51.80
Therefore, the value of your portfolio on May 3 which is the ex-dividend date can be calculated as follows:
Portfolio value on May 3 = Number of shares owned * Price per share on ex-dividend date = 310 * $51.80 = $16,058
Therefore, the value of your portfolio on May 3 is $16,058.
Answer:
$27,500
Explanation:
The computation of net rental income is shown below:-
The broker's fee ($15,000) should be amortized equally based over the 10 years of the lease, or $1,500 a year
Operating lease per year + Building depreciation + Property tax expenses totaling + Time period
= $50,000 - $12,000 - $9,000 - $1,500
= $27,500
Therefore, for computing the operating lease per we year we simply applied the above formula.
Answer:
the total amount of net asset recognized is $15,000,000
Explanation:
The computation of the total amount of net asset recognized is shown below:
= Number of shares issued × per share
= 500,000 shares × $30
= $15,000,000
Hence, the total amount of net asset recognized is $15,000,000
We simply multiplied the above two items
