Answer:
N=5
, PV=-120
, PMT=4
, FV=145
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $120
Assuming figure - Future value or Face value = $145
PMT = 4
NPER = 5
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
This is the answer and the same is not given in the options
Answer & Explanation:
Most balance sheets are arranged according to this equation:
Assets = Liabilities + Shareholders’ Equity
The equation above includes three broad buckets, or categories, of value which must be accounted for:
1. Assets
An asset is anything a company owns which holds some amount of quantifiable value, meaning that it could be liquidated and turned to cash. They are the goods and resources owned by the company.
Assets can be further broken down into current assets and noncurrent assets.
- Current assets are typically what a company expects to convert into cash within a year’s time, such as cash and cash equivalents, prepaid expenses, inventory, marketable securities, and accounts receivable.
- Noncurrent assets are long-term investments that a company does not expect to convert into cash in the short term, such as land, equipment, patents, trademarks, and intellectual property.
2. Liabilities
A liability is anything a company or organization owes to a debtor. This may refer to payroll expenses, rent and utility payments, debt payments, money owed to suppliers, taxes, or bonds payable.
As with assets, liabilities can be classified as either current liabilities or noncurrent liabilities.
- Current liabilities are typically those due within one year, which may include accounts payable and other accrued expenses.
- Noncurrent liabilities are typically those that a company doesn’t expect to repay within one year. They are usually long-term obligations, such as leases, bonds payable, or loans.
3. Shareholders’ Equity
Shareholders’ equity refers generally to the net worth of a company, and reflects the amount of money that would be left over if all assets were sold and liabilities paid. Shareholders’ equity belongs to the shareholders, whether they be private or public owners.
Just as assets must equal liabilities plus shareholders’ equity, shareholders’ equity can be depicted by this equation:
Shareholders’ Equity = Assets - Liabilities
— Courtesy of Harvard Business School
I hope this helped! :)
Answer:
b. all of the above
Explanation:
The correct answer is that all of the above determine an organization's structure.
The organization's mission determines its structure because it establishes the main goal of the organization, and everything in the organization is ultimately determined by that.
The organization's strategy also determines its structure because it establishes the departments, employees, and actions, similar to the way that the mission determines these things.
Finally, the organization's size is obviously related to its structure. A large organization will have a more complex structure than a smaller organization for example.
Answer:
2500
Explanation:
First depreciate for 6 years using regular method: (Cost - Salvage Value)/Initial Useful life
(50,000-10,000)/8 = 5000 <- this is annual depreciation
For 6 years, $30,000 accumulated depreciation
Now to calculate change in useful life, you do (Cost - Accumulated Depreciation - Salvage Value)/Remaining Useful life
Remaining Useful life = 10-6 = 4
(50,000-30,000-10,000)/4 = 2500
Answer:
- $82000
- $20500
- $750
- Not taxable
Explanation:
with the information provided
A) how the entity's non separately stated income is $82000
to calculate the non separately stated income
(Total long term stated income) - (total short term stated income)
long term stated income
book value = $100000
long term capital loss/gain = $6000
book value + long term capital loss = $106000 ( total long term stated income )
short term stated income
tax exempt = $3000
dividends = $9000
1231 gain = $7000
net passive income = $5000
total short term stated income = 3000 + 9000 + 7000 + 5000 = $24000
hence non separately stated income = $106000 - $24000 = $82000
B) To show how one of he kitsch shareholder is bearing $205000 income or loss
Number of shareholder = 4
non separately stated income = $82000
non separately stated income / number of shareholder = 82000 / 4 =$20500
C)
Tax exempt income = $3000
number of share holders = 4
hence Billings' share of tax exempt interest income = tax exempt income / number of share holders
= $3000 / 4 = $750
Billings income is not taxable this year because his taxable income this year is $20500
