Answer:
Journal Entry
Dr. Cr.
Jan 1,2016
Cash $600,000
Bond Payable $600,00
Explanation:
On Jan 1, 2016 the bond is issued on the face value, so the straight value of $600,000 recorded as debit to cash and credit to bond payable. The cash is received against the a liability. The interest accrued transaction will be recorded on each year end.
Answer:
A. 4500kgs
B. 15.4orders
(c)
The order size should be the economic order quantity which is computed as:
Q = (2.d.K / h)1/2 = sqrt(2*9000*20 / 0.03) = 3464.1 kg
(d)
If Q = 3000 kg,
Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/3000)*20 + (3000/2)*0.03*12 = $1,260
(e)
If Q = EOQ = 3464.1 kg
Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/3464.1)*20 + (3464.1/2)*0.03*12 = $1,247.1
(f)
If Q = 6,500 kg,
Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/6500)*20 + (6500/2)*0.03*12 = $1,502.3
(g)
If Q = 20,000 kg,
Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/20,000)*20 + (20,000/2)*0.03*12 = $3,708
So, per kg cost = 3708 / (9000*12) = $0.034
Explanation:
Answer:
JOURNAL ENTRY :
Unrealized holding loss on purchase commitment - - - - - $48,700 Dr.
Estimated liability on purchase commitment ($990,700 - $942,000) - - - - 48,700 Cr.
Explanation:
Given the following :
Agreed purchase price of raw materials in 2018 = $990,700
Market value of raw material at 31, December 2018 = $942,000
JOURNAL ENTRY :
Unrealized holding loss on purchase commitment - - - - - $48,700 Dr.
Estimated liability on purchase commitment ($990,700 - $942,000) - - - - 48,700 Cr.
Answer:
A
Explanation:
Probability, impact
The purpose of Perform Qualitative Risk Analysis is to determine what impact the identified risk events will have on the project and the probability they will occur. It also puts risks in order of priority according to their effects on the project objectives and this is done by assigning s a risk score for the project. This boosts the chances of sucess of a project.
Answer:
By providing loans so people can open businesses
Explanation:
Financial institutions act as intermediaries between the source and users of credit. By accepting deposits from the general public, financial institutions pool together resources that firms and individuals can borrow to start or expand their business.
Financial institutions include commercial banks, saving and credit unions, among others. They offer credit services to clients from the customers' deposits. The loans help individuals and firms start and grow their business, which leads to growth in the entire economy.
