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2 years ago

Does any body know how to speed up the process of finding answers

Business

1 answer:

Ivan2 years ago

5 0

Answer:

Explanation:

it honestly depends try reloading or refreshing or poking on other sites that LOOK APPROPRIATE

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Greenwell Farm Equipment sells a tractor to Farmer for $130,000 on January 1, 2019. The tractor is delivered that day. Greenwel

agasfer [191]

Answer:

Present value of interest is $5,062 and future value is $5,796

Explanation:

The formula for finding the Present value of the interest reported as revenue is calculated as under:

Present Value of $40,000 receivable in 2 years = $40,000 / (1+7%)^2

Present Value of $40,000 receivable in 2 years = $34,938

The difference of the future value receivable and present value of the future amount receivable is the interest's present value which is given as under:

Interest Present value = $40,000 - $34,938 = $5,062

Using the compounding formula, the future value of the interest that will be recorded in the financial statement will be = $5,062 * (1 + 7%)^2 years

Future value of interest = $5796

7 0

3 years ago

23. The Geotechnical Considerations Decision Matrix can help identify situations in which ________ conditions are not suitable f

Vlada [557]

<h2>Howdy,</h2>

Answer- soil conditions

7 0

2 years ago

Use the information below to answer questions 4-7. Drake Company's income statement for the most recent year appears below:

Colt1911 [192]

Answer:

(A) $731,250

Explanation:

The formula to compute the break-even point in sales dollars is shown below:

= (Fixed expenses or Fixed cost) ÷ (Contribution ratio)

where,

Contribution ratio = Contribution margin ÷ sales

= $208,000 ÷ $650,000

= 0.32 or 32%

And, the fixed expense is $234,000

Now put the values to the above formula

So, the value would equal to

= $234,000 ÷ 32%

= $731,250

6 0

3 years ago

A list of all account names used to record transactions of a company is referred to as a T-account

11Alexandr11 [23.1K]

Answer:

chart of accounts. a list of all account names used to record transactions of a company.

external transactions. transactions the firm conducts with a separate economic entity.

general ledger. all accounts used to record the company's transactions.

journal

posting

T-account

trial balance

accounts

7 0

2 years ago

At the beginning of the year, Glaser Company estimated the following: Assembly Department Testing Department Total Overhead $702

Arte-miy333 [17]

Answer:

Assebly rate: $ 9.12 per labor hour

Testing rate: $11.43 per machine hour

Explanation:

Assembly Department Testing Department Total

$702,000 $786,240 $1,488,240

Direct labor hours 77,000 95,480 172,480

Machine hours 95,500 68,760 164,260

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

<u><em>Assembly rate:</em></u>

702,000 / 77,000 = 9,11688

<u><em>Testing rate</em></u>

786,240 / 68,760 = 11,4347

4 0

3 years ago