The qualitative characteristic of using the same accounting method each period over time refers to the concept of

At which stage does advertising catch the attention of customers by building awareness of the product?

velikii [3]

Not sure but I'll take a chance: Probably product existance. If not then product capture

7 0

3 years ago

Corporate Fund started the year with a net asset value (NAV) of $12.50. By year-end, its NAV equaled $12.10. The fund paid year-

Setler79 [48]

Answer:

The rate of return to an investor in the fund=0.088*100=8.80%

Explanation:

Given Data:

NVA at the start of the year= $(NAV)_o$ =$12.50

NVA at the end of the year= $(NAV)_f$ $12.10

Distributions of income and capital gains =$1.50

Required:

The rate of return to an investor in the fund=?

Solution:

Rate of return= $\frac{(NAV)_f+\ Distributions}{(NAV)_o}-1$

$Rate\ of\ return=\frac{12.10+1.50}{12.50}-1 \\Rate\ of\ return=0.088$

The rate of return to an investor in the fund=0.088*100=8.80%

5 0

3 years ago

Department D had materials costs of $10,000 in beginning work in process inventory and added an additional $50,000 in materials

EastWind [94]

Answer:

The correct answer is $3

Explanation:

Cost per equivalent unit = Total costs / EUP for materials = ($50000+ $10000) / 20000 = $3

3 0

3 years ago

Brewster's is considering a project with a life of 5 years and an initial cost of $120,000. The discount rate for the project is

PSYCHO15rus [73]

Answer:

Net present value 27.792‬

Explanation:

Sales 2.100 units x 20 net cash flow = $ 42,000 cash flow per year

Present value of the first three years:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 42,000

time 3 years

discount rate: 0.12

$42000 \times \frac{1-(1+0.12)^{-3} }{0.12} = PV\\$

PV $100,876.9133

For year 4 and 5 we need to check for the expected cashflow

We will multiply each outcome by their probability:

1,400 units x $20 per unit x 0.5 chance = 14,000

2,500 units x $20 per unit x 0.5 chance = 25,000

expected return: 39,000

present value of these years:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $39,000.0000

time 4 end of year 4th

rate 0.12

$\frac{39000}{(1 + 0.12)^{4} } = PV$

PV 24,785.21

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $39,000.0000

time 5 end of year 5th

rate 0.12

$\frac{39000}{(1 + 0.12)^{5} } = PV$

PV 22,129.65

Net present value will be the present value of the cash flow less the investment.

100,877 + 24,785 + 22,130 - 120,000 = 27.792‬

7 0

3 years ago

On December 31, Briar Co. disposed of a piece of equipment that cost $6,000 with accumulated depreciation as of December 31 of $

Setler [38]

Briar Co. disposed of a $6,000 piece of equipment on December 31 with $4,500 in accrued depreciation as of that date. Then $1,500 will be debited from the Loss on Equipment Disposal account.

<h3>What is loss on Equipment Disposal account?</h3>

Gain/Loss on Asset Disposal is a common account name of the Equipment Disposal account.

The net difference between the initial asset cost and any cumulative depreciation (if any) is debited to the disposal account, while the balances in the fixed asset account and the accumulated depreciation are reversed.

On December 31, the debited amount is calculated as:

$=\text{Disposed Equipment- Accumulated Depreciation}\\\\ =\$6,000- \$4,500\\\\ =\$1,500$

Therefore, $1,500 will be the amount of loss on disposal of the Equipment.

Learn more about the depreciation, refer to:

brainly.com/question/14682335

#SPJ1

7 0

2 years ago