you are planning to make monthly deposits of $140 into a retirement account that pays 13 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 25 years

Answers

Answer 1

Answer:

FV= $314,365.69

Explanation:

Giving the following information:

Monthly deposti= $140

Number of months= 25*12= 300

Interest rate= 0.13/12= 0.01083

To calculate the future value of the investment, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {140*[(1.01083^300) - 1]} / 0.01083

FV= $314,365.69


Related Questions

Computing net invoice amounts LO P1Compute the amount to be paid for each of the four separate invoices assuming that all invoices are paid within the discount period.Merchandise(gross) Terms Paymenta. $7,800 2/10, n/60 b. 24.200 1/15, EOM c. 80,600 1/10, n/30 d. 17,000 3/15, n/45

Answers

Answer:

Computation of Net Invoice Amounts to be Paid:

Merchandise(gross)  Terms Payment    Discounts             Net Invoice $

a. $7,800                   2/10, n/60             $156 ($7,800*2%)       $7,644

b. 24.200                  1/15, EOM               242 ($24,200*1%)      23,958

c. 80,600                  1/10, n/30               806 ($80,600*1%)       79,794

d. 17,000                  3/15, n/45               510 ($17,000*3%)        16,490

Explanation:

a) Data:

Merchandise(gross)  Terms Payment

a. $7,800                       2/10, n/60

b. 24.200                       1/15, EOM

c. 80,600                       1/10, n/30

d. 17,000                       3/15, n/45

Calculations:

Merchandise(gross)  Terms Payment    Discounts             Net Invoice $

a. $7,800                   2/10, n/60             $156 ($7,800*2%)       $7,644

b. 24.200                  1/15, EOM               242 ($24,200*1%)      23,958

c. 80,600                  1/10, n/30               806 ($80,600*1%)       79,794

d. 17,000                  3/15, n/45               510 ($17,000*3%)        16,490

The amount that should be paid for each of the four separate invoices should be

a. $7,644

b. $23,958

c. $79,794

d. $16,490

Calculation of the amount:

Merchandise(gross)  Terms Payment    Discounts             Net Invoice $

a. $7,800                   2/10, n/60             $156 ($7,800*2%)       $7,644

b. 24.200                  1/15, EOM               242 ($24,200*1%)      23,958

c. 80,600                  1/10, n/30               806 ($80,600*1%)       79,794

d. 17,000                  3/15, n/45               510 ($17,000*3%)        16,490

Learn more about discounts here: https://brainly.com/question/24301559

A corporation must obtain shareholder approval before the company a. hires or fires a significant number of employees. b. expands into foreign markets. c. sells off a major portion of its business to another company. d. opens additional offices.

Answers

Answer:

c. sells off a major portion of its business to another company.

Explanation:

The corporation that should obtain the approval of the shareholder prior when the business major portion is sell off to the another company as it is very crucial decision taken by the company. It cant be taken without the approval of the shareholder as they are the original investors of the company

So as per the given situation, the option c is correct

Use the selected data from Pinecrest Company's financial statements to answer the following question. 2018 2017 Cash $ 22,000 $ 14,000 Accounts receivable 42,000 16,000 Merchandise inventory 22,000 83,000 Prepaid expenses 23,000 18,000 Total current assets $109,000 $131,000 Total current liabilities $ 65,000 $ 72,000 Net credit sales 221,000 326,000 Cost of goods sold 168,000 299,000 Net cash flow from operating activities 16,000 29,000 Refer to the data for Pinecrest Company. The current ratio for 2018 is

Answers

Answer:

1.68

Explanation:

Calculation to determine what The current ratio for 2018 is

Using this formula

Current ratio=Current assets/Current liabilities

Let plug in the formula

Current ratio=$109,000/$65,000

Current ratio= 1.68

Therefore The current ratio for 2018 is 1.68

Ecco Company sold $145,000 of kitchen appliances with six-month warranties during September. The cost to repair defects under the warranty is estimated at 9% of the sales price. On October 15, a customer required a $100 part replacement, plus $86 labor under the warranty.

Required:
Provide the journal entry for (a) the estimated expense on September 30 and (b) the & October 15 warranty work.

Answers

Answer:

A. Dr Product warranty expense $13,050

Cr Product warranty payable $13,050

B. Dr Product warranty payable $186

Cr Supplies $100

Cr Wages payable $86

Explanation:

A. Preparation of the journal entry for the estimated expense on September 30

September 30

Dr Product warranty expense $13,050

Cr Product warranty payable $13,050

(145,000*9%)

(To record estimated expense)

B. Preparation of the journal entry for the October 15 warranty work.

October 15

Dr Product warranty payable $186

($100+$86)

Cr Supplies $100

Cr Wages payable $86

(To record warranty work)

Of what use is the statement of cash flows?

Answers

Answer:

The purpose of the statement of cash flows is to present cash inflows and outflows for a reporting period to the reader of the report. These inflows and outflows are further classified into operating, investing, and financing activities.

ABC Corp. has a market capitalization of $300 million and a beta of 0.75. It has $75 million in outstanding debt and its debt beta is 0.20. The risk-free rate is 3% and the market risk-premium is 5%.

Required:
Calculate ABCâs unlevered cost of capital.

Answers

Answer:

6.20000%

Explanation:

The computation of the unlevered cost of capital is shown below;

Asset beta is

= (Debt × Debt beta + Equity × Equity beta) ÷ (Debt + Equity)

= (75 × 0.20 + 300 × 0.75) ÷ (75 + 300)

= 0.6400000

Now  

Unlevered cost of capital is

= risk free rate + asset beta × market risk premium

= 3% + 0.6400000 × 5%

= 6.20000%

Có tài liệu về tài sản cố định (TSCĐ) trong tháng 5/2021 của công ty B như sau:
Ngày 1/5 6/5 12/5 15/5 20/5 31/5
Số lượng TSCĐ (cái) 600 750 800 550 700 860
Tính số lượng TSCĐ bình quân của doanh nghiệp B trong tháng 5? Trong nửa đầu tháng 5 (từ ngày 1 đến ngày 15), trong nửa cuối tháng 5 (từ ngày 16 đến ngày 31), trong 15 ngày cuối tháng 5 (từ ngày 17 đến ngày 31)? Cho nhận xét sơ bộ về thực trạng sử dụng TSCĐ của công ty, từ đó đề xuất một số biện pháp sử dụng hiệu quả TSCĐ cho công ty?

Answers

Answer

Explanation:

Có tài liệu về tài sản cố định (TSCĐ) trong tháng 5/2021 của công ty B như sau:

Ngày 1/5 6/5 12/5 15/5 20/5 31/5

Số lượng TSCĐ (cái) 600 750 800 550 700 860

Tính số lượng TSCĐ bình quân của doanh nghiệp B trong tháng 5? Trong nửa đầu tháng 5 (từ ngày 1 đến ngày 15), trong nửa cuối tháng 5 (từ ngày 16 đến ngày 31), trong 15 ngày cuối tháng 5 (từ ngày 17 đến ngày 31)? Cho nhận xét sơ bộ về thực trạng sử dụng TSCĐ của công ty, từ đó đề xuất một số biện pháp sử dụng hiệu quả TSCĐ cho công ty?

Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer market. Bid Asked 55.25 55.50 a. Suppose you have submitted an order to your broker to buy at market. At what price will your trade be executed? (Round your answer to 2 decimal places.) b. Suppose you have submitted an order to sell at market. At what price will your trade be executed? (Round your answer to 2 decimal places.)

Answers

Answer:

a. Your trade will be executed at the bid price of 55.25.

b. Your trade will be executed at the ask price of 55.50.

Explanation:

First note that:

The bid price is the highest price a buyer will pay for a security.

The ask price is the lowest price a seller will accept for a security.

Therefore, we have:

a. Suppose you have submitted an order to your broker to buy at market.  At what price will your trade be executed? (Round your answer to 2 decimal places.)

Since you are the buyer, your trade will be executed at the bid price of 55.25. This is because the bid price is the highest price you as a buyer will pay for a security.

b. Suppose you have submitted an order to sell at market. At what price will your trade be executed? (Round your answer to 2 decimal places.)

Since you are the seller, your trade will be executed at the ask price of 55.50. This is beecausee the ask price is the lowest price uou as a seller will accept for a security.

a reward or benefit meant to encourage specific economic behavior is a

Answers

Answer:

incentive

Explanation:

Griffin Co. is considering the investment of $136,000 in a new machine. The machine will generate cash flow of $22,500 per year for each year of its eight-year life and will have a salvage value of $8,000 at the end of its life. Griffin Co.'s cost of capital is 8 percent.(a) Calculate the net present value of the proposed investment. Ignore income taxes, and round all answers to the nearest $1. (b) What will the internal rate of return on this investment be relative to the cost of capital?

Answers

Answer:

$-2,378.47

7.55

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = $-136,000

Cash flow in year 1 to 7 = $22,500

Cash flow in year 2 = $22,500 + 8,000

I = 8 %

NPV = $-2,378.47

IRR = 7.55

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button

why is that 0.8 in fractional form is 8/10​

Answers

Answer:

Decimal placement

Explanation:

It is 8/10 because, in the decimal 0.8 , the 8 is in the tenths place. If it was 0.08 the fraction would be 8/100 and so on and so forth.

Donna bought $3360 in stock and held it for one year. She paid $51 per share in cash, received no dividends, and sold the shares for $56 per share one year later. Ignoring transaction costs, what was her return on investment?

Answers

Answer:

16800 increase

Explanation:

so she bought 171360 in stocks, and 56 dollar per would equal 188160 dollars back or a 16800 dollar gain of money

Consider the location game with nine possible regions at which vendors may locate. Suppose that, rather than the players moving simultaneously and independently, they move sequentially. First, vendor 1 selects a location. Then, after observing the decision of vendor 1, vendor 2 chooses where to locate. Use backward induction to solve this game (and identify the subgame perfect Nash equilibrium). Remember that you need to specify the second vendor’s sequentially optimal strategy (his best move conditional on every different action of vendor 1).

Answers

Solution:

Given :

Location game with 9 possible [tex]\text{regions}[/tex] and other than the players who are moving simultaneously and also independently, but they move in a sequential manner.

Vendor 1 selects a location.

After observing decision of vendor 1, vendor 2 chooses where to locate.

Using backward induction the game is solved as below :

--  [tex]\text{a retrogressive acceptance harmony of the division}[/tex] will be a Nash equilibrium.

-- Presently [tex]\text{ if applicant 1}[/tex] (vendor 1) picks first then he will likewise get the chance to pick last as this another move amusement.

-- In the end of the game, vendor 1 will have claimed five regions and candidate 2 (vendor 2) will have claimed four regions.

-- So vendor 2 will keep this in mind and apply backward induction and choose the best regions early on the game.

-- Vendor 2 will keep in mind that vendor 1 will choose last and will ensure that his choices take up the best locations first.

--- This will be his ideal technique for each activity of vendor 1.

Hence this is the Nash equilibrium.

The following are selected accounts and balances for Mergaronite Company and Hill, Inc., as of December 31, 2021. Several of Mergaronite's accounts have been omitted. Credit balances are indicated by parentheses. Dividends were declared and paid in the same period.
Mergaranite Hill $
Revenues (586,000) (252,000)
Cost of goods sold 272,000 92,000
Depreciation expense 108,000 42,000
Investment income NA NA
Retained earnings, 1/1/21 (898,000) (600,000)
Dividends declared 120,000 42,000
Current assets 220,000 694,000
Land 308,000 100,000
Buildings (net) 508,000 152,000
Equipment (net) 152,000 246,000
Liabilities (386,000) (310,000)
Common stock (290,000) (38,000)
Additional paid-in capital $ (60,000) (914,000)
Assume that Mergaronite acquired Hill on January 1, 2017, by issuing 7,200 shares of common stock having a par value of $10 per share but a fair value of $100 each. On January 1, 2017, Hill's land was undervalued by $21,200, its buildings were overvalued by $31,600, and equipment was undervalued by $58,200. The buildings had a 10-year remaining life; the equipment had a 5-year remaining life. A customer list with an appraised value of $106,000 was developed internally by Hill and was estimated to have a 20- year remaining useful life.
a. Determine the December 31, 2021, consolidated totals for the following accounts:
b. In requirement (a), can the consolidated totals be determined without knowing which method the parent used to account for the subsidiary?
c. If the parent uses the equity method, what consolidation entries would be used on a 2021 worksheet?

Answers

Answer:

a-1. Total Revenues = $838,000

a-2. Total Amortization Expense = $5,300

a-3. Total Building = $691,600

a-4. Total Depreciation Expense = $164,800

a-5. Total Additional paid in capital = $60,000

a-6. Total Customer list or Patent = $79,500

a-7. Total Cost of Goods sold = $364,000  

a-8. Total Common Stock = $290,000.

a-9. Total Equipment = 398,000

b, The parent company's method is irrelevant.

c. See part c of the attached excel file for the consolidation entries that would be used on a 2021 worksheet.

Explanation:

Note: This question is not complete as requirement a of the question is not complete. This is therefore provided before answering the question as follows:

a. Determine the December 31, 2021, consolidated totals for the following accounts:

Revenues

Amortization Expense

Building

Depreciation Expense

Additional paid in capital

Customer list

Cost of Goods sold

Common Stock

Equipment

The explanation of the answers is now provided as follows:

a. Determine the December 31, 2021, consolidated totals for the listed accounts.

Note: See part a of the attached excel file for the determination of the total.

b. In requirement (a), can the consolidated totals be determined without knowing which method the parent used to account for the subsidiary?

There are no reciprocal entries required because we are not dealing with the parent's company investment account. Earnings on equity and dividends are not to be adjusted. As a result, the parent company's method is irrelevant.

c. If the parent uses the equity method, what consolidation entries would be used on a 2021 worksheet?

Note: See part c of the attached excel file for the consolidation entries that would be used on a 2021 worksheet.

Calculate the IRR of a machine that is purchased for $5,500, sold at the end of year 4 for $2,500, and produces the following cash flows: o Year 1: $700. o Year 2: $800. o Year 3: $900. o Year 4:$1,000. Group of answer choices 2.21% -0.52% 3.72%

Answers

Answer:

2.21%

Explanation:

The internal rate of return is the rate of return on the project where the present value of future cash flows equals the initial investment outlay. It is known as the break-even discount rate since, at IRR, the net present value is zero.

The IRR can be determined using the excel IRR function as shown thus:

=IRR(values)

values are the cash flows from years 0-4

Find attached excel file for IRR computation

Forecast for July, using a 4-period weighted moving average. Assume the following weights: 0.4; 0.3; 0.2; and 0.1

Month Actual Demand
January 480
February 520
March 535
April 550
May 590
June 630

a. More than 0 but less than or equal to 500
b. More than 500 but less than or equal to 545
c. More than 545 but less than or equal to 600
d. More than 600 but less than or equal to 650
e. None of the choices are correct

Answers

Answer:

c. More than 545 but less than or equal to 600

Explanation:

The computation is shown below:

Forecast for July is

= 0.4 × June + 0.3 × May + 0.2 × April + 0.1 × Mar

= 0.4 × 630 + 0.3 × 590 + 0.2 × 550 + 0.1 × 535

= 592.5

So, it is more than 545 but lower than or equal to 600

Therefore the option c is correct

Medication is the most common treatment for seizure disorders.

Answers

That is true shordy
Medicine is probably one of the only ways without surgery

recycling is primarily an example of an issue facing businesses today \
a. human resource
b. natural resource
c. ethical
d.social

Answers

Answer:

a. human resource is the answer

A a Human Resources

As of December 31, 2019, Nilsen Industries had $2,000 of raw materials inventory. At the beginning of 2019, there was $1,600 of materials on hand. During the year, the company purchased $354,000 of materials; however it paid for only $314,000. How much inventory was requisitioned for use on jobs during 2019? a. $354,400b. $344,400c. $343,600d. $353,600

Answers

Answer:

d. $353,600

Explanation:

The computation of the inventory  requisitioned for use on jobs during 2019 is shown below;

= OPening inventory + purchase made - ending inventory

= $1,600 + $354,000 - $2,000

= $353,600

Hence, the  inventory  requisitioned for use on jobs during 2019 is $353,600

Therefore the option d is correct

Horizontal integration has four sources of value creation: reduction in competitive intensity, lower costs, increased differentiation, and access to new markets and distribution channels.

a. True
b. False

Answers

Answer:

a. True

Explanation:

Horizontal integration is the competitive strategy in which the business entities operated at the value chain. Here the value is created in four sources like competitive industry, lesser cost, increased differentiation, and access to the new market & distribution channels.

Hence, the given statement is true

Before you started applying for college, a job recruiter offered you a full-time cashier position at a department store, earning an after-tax salary of $21,000 per year. However, you turn down this offer and attend your first year of college. The additional monetary cost of college to you, including tuition, supplies, and additional housing expenses, is $32,000. You decide to go to college, probably because:______.
A. You value a year of college at $22,000.B. You value a year id college of $34,000.C. You value a year of college less than $34,000.D. You value a year of college at more than $56,000.

Answers

Answer:

Option D (You value..........$56,000) is the right response.

Explanation:

The overall expenditure of taking part throughout the school for the very first year would be the amount of such loss of university income as well as extra cash.Whenever you anticipate receiving stronger employment wages from university education, therefore during the 1st year that you estimate upwards of expenditure of $53,000 for higher learning.

Other options aren't linked to the specific circumstance. Thus, the response seems to be the right one.

Every three years, the Writers Guild of America renegotiates a Minimum Basic Agreement (MBA) with the Alliance of Motion Picture and Television Producers (AMPTP). The MBA includes agreements on basic compensation, salaries, royalties, etc., and ownership of original written material. In the fall of 2007, the Writers Guild and AMPTP were embroiled in an intense negotiation, mainly disagreeing on how writers are compensated for digital media work such as web series and online‑only content. The given payoff matrix contains the strategies and outcomes of each party in the negotiation. They could either compromise (C) or hold firm (HF) on their issues. If both parties hold firm, the Writers Guild will go on strike. The first number in each box is the Writers Guild's payoff and the second number is AMPTP's payoff. Assume that strategies are chosen independently and simultaneously.

AMPTP
Hold firm Compromise
Writers Guild Hold firm 0 , 0 10 , 3
Compromise 3 , 10 5 , 5

Required:
a. What are the Nash equilibria?
b. Writers Guild holds firm and AMPTP holds firm
c. Writers Guild compromises and AMPTP compromises
d. Writers Guild holds firm and AMPTP compromises
e. Writers Guild compromises and AMPTP holds firm

Answers

Answer:

Explanation:

A) Nash equilibria are: (Writers Guild Holds firm & AMPTP Compromises) & (AMPTP Holds firm & Writers Guild Compromises)

B) When AMPTP Holds firm, Writer's Guild's best strategy is Compromise since payoff is higher (3 > 0).

C) When AMPTP Compromises, Writer's Guild's best strategy is to Hold firm since payoff is higher (10 > 5).

D) When Writer's Guild Holds firm, AMPTP's best strategy is Compromise since payoff is higher (3 > 0).

E) When Writer's Guild Compromises, AMPTP's best strategy is Hold firm since payoff is higher (10 > 5).

This is the example of Chicken games theories.

Compromise is the greatest approach for Guild while AMPTP holds strong since the payout is bigger (3 > 0).

Guild's best tactic when AMPTP sacrifices is to hold tough because the payout is bigger (10 > 5).

Compromise is the greatest tactic for AMPTP when Guild Stands Firm since the payout is bigger (3 > 0).

When the Guild Compromises, the optimal approach for AMPTP is to Hold fast because the payout is bigger (10 > 5).

Writers Guild Maintains firm & AMPTP Concessions and AMPTP Maintains firm & Writers Guild Concessions are Nash equilibria.

Learn more:

https://brainly.com/question/13597005?referrer=searchResults

please help me this question answer
Explain 2 benefits to Hamdi of being the sole owner of the company?

Answers

Answer:

freedom of choice

no dispute or conflict

no need to share profit

own boss

Explanation:

Some of your senior employees have started changing important information in a new call script. Newer employees have noticed, and some have started doing the same. What would you do? Select all that apply.
A Allow the senior employees to go off script since they have more experience
B Practice using the new script during your weekday team meeting
C Discipline those who don't follow the script
D Give written warnings to the senior employees
E Require all of the newer employees attend additional training​

Answers

the answer is b,c and e

Give written warnings to the senior employees

On December 20, 2017, Butanta Company (a U.S. company headquartered in Miami, Florida) sold parts to a foreign customer at a price of 105,000 ostras. Payment is received on January 10, 2018. Currency exchange rates for 1 ostra are as follows:December 20, 2017 $ 1.20December 31, 2017 1.17January 10, 2018 1.13a. How does the fluctuation in exchange rates affect Butanta's 2017 income statement?b. How does the fluctuation in exchange rates affect Butanta's 2018 income statement?

Answers

Answer:

The appropriate solution is:

(a) $3150

(b) $4200

Explanation:

According to the question,

(a)

The exchange loss will be:

= [tex](1.20-1.17)\times 105000[/tex]

= [tex]0.03\times 105000[/tex]

= [tex]3150[/tex] ($)

(b)

The exchange loss will be:

= [tex](1.17-1.13)\times 105000[/tex]

= [tex]0.04\times 105000[/tex]

= [tex]4200[/tex] ($)

Crane Company receives a $74,000, 5-year note bearing interest of 5% (paid annually) from a customer at a time when the discount rate is 6%.

Required:
What is the present value of the note received by Crane?

Answers

Answer: $70,882.98

Explanation:

Present value of note = Present value of interest payments + Present value of face value

Present value of interest payment:

First calculate the interest:

= 5% * 74,000

= $3,700

This amount is constant so is an annuity

Present value = 3,700 * Present value interest factor of annuity, 5 years, 6%

= 3,700 * 4.2124

= $15,585.88

Present value of face value :

= 74,000 / (1 + 6%)⁵

= $55,297.10

Present value of note:

= 15,585.88 + 55,297.10

= $70,882.98

You just inherited a trust that will pay you $100,000 per year in perpetuity. However, the first payment will not occur for exactly five more years. Assuming a 10% annual interest rate, what is the value of this trust?

Answers

Answer:

PV= $620,921.32

Explanation:

Giving the following information:

Cash flow (Cf)= $100,000

Interest rate (i)= 7.25%

First, we need to calculate the value of the investment at the moment of the first payment (five years from now). To calculate the present value we need to use the following formula:

PV= Cf / i

PV= 100,000 / 0.1

PV= $1,000,000

Now, the value today:

PV= FV / (1 + i)^n

PV= 1,000,000 / (1.1^5)

PV= $620,921.32

The following table reports real income per person for several different economies in the years 1960 and 2010. It also gives each economy's average annual growth rate during this period. For example, real income per person in Zambia was $1,412 in 1960, and it actually declined to $1,309 by 2010. Zambia's average annual growth rate during this period was -0.15%, and it was the poorest economy in the table in the year 2010. The real income-per-person figures are denominated in U.S. dollars with a base year of 2005. The following exercises will help you to understand the different growth experiences of these economies.

Economy Real Income per Person in 1960 (Dollars) Real Income per Person in 2010 (Dollars) Annual Growth Rate (Percent)
Austria 9,773 35,031 2.59
Venezuela 7,307 9,762 0.58
Botswana 468 9,515 6.21
Malaysia 4,624 11,863 4.06
Honduras 1,932 3,146 0.98
Zambia 1,412 1,309 -0.15

Indicate which economy satisfies each of the following statements.

a. This economy experiences the fastest rate of growth in real income per person from 1960 to 2010.
b. This economy had the highest level of real income per person in the year 2010.

Answers

Answer:

a. Botswana b. Austria

Explanation:

Botswana had the fastest growth in real income per person from 1960 to 2010 with an annual growth rate of 6.21%. This is most likely down to the discovery of diamonds in the country towards the end of the 20th century.

In 2010, Austria had the highest real income per person with an income of $35,031. This is most likely due to the fact that Austria has a heavy presence in the service industry and a low population of less than 10 million people.

15 . A company's flexible budget for 12,000 units of production showed sales, $48,000; variable costs, $18,000; and fixed costs, $16,000. The net income you would expect the company to earn if it produces and sells 15,000 units is:

Answers

Answer:

$21,500

Explanation:

Particulars                Amount       Per Unit    15000 Units

Sales                        48,000.00      4.00          60,000

Less: Variable Cost 18,000.00       1.50           22,500

Contribution             30,000.00     2.50          37,500

Less: Fixed Cost      16,000.00                       16,000

Net Income              $14,000                         $21,500

So, the net income you would expect the company to earn if it produces and sells 15,000 units is $21,500.

Journalize the entries to record the following transactions for Zentric Corporation. Refer to the Chart of Accounts for exact wording of account titles. Jan. 22 Issued for cash 180,000 shares of no-par common stock at $4. Feb. 14 Issued at par value 44,000 shares of preferred 2% stock, $55 par for cash. Aug. 30 Issued for cash 9,000 shares of preferred 2% stock, $55 par at $60.

Answers

Answer:

Jan 22

Dr Cash $720,000

Cr Common stock $720,000

Feb 14

Dr Cash $2,420,000

Cr Preferred stock $2,420,000

30

Dr Cash $540,000

Cr Preferred stock $495,000

Cr Paid in capital in excess of par-Preferred stock $45,000

Explanation:

Preparation of the journal entries

Jan 22

Dr Cash $720,000

Cr Common stock $720,000

(180,000 shares * $4)

Feb 14

Dr Cash $2,420,000

Cr Preferred stock $2,420,000

(44,000 shares * $55)

30

Dr Cash $540,000

(9,000 shares * $60)

Cr Preferred stock $495,000

(9,000 shares * $55)

Cr Paid in capital in excess of par-Preferred stock $45,000

[9,000 shares *($60- $55) ]

Other Questions
Someone help please & Thankyou!! Living organisms are made up of energy and matter. The ordered triple for U is (-1,5,0). To graph this point in three- dimensional coordinate space, do the following.From the origin, move back 1 units, right_ units, and down 0 unitsA. 0B. 5C. 1 What is the vertex of the function f(x) = x2 + 12x?(6, 36)(6, 0)(6, 0)(6, 36) list the integers satisfy the inequality -1 less than 2x - 5 less or equal to 5 will give brainliest !!PLSS HELP fast !! and explain Decomposing and modularizing software refers to the process of combining a number of smaller named components having well-defined interfaces that describe component interactions into a single, larger monolithic system.a. Trueb. False 9. Use the Distributive Property to simplify (-5 - c)(-1). a 5 - C b C c-5 + c d 5 + C Which statement BEST describes common communicable diseases?A.Most communicable diseases are either bacterial or viral and infect the respiratory tract.B.All communicable diseases are viruses that cause pneumonia.C.Most communicable disease are bacteria and viruses that infect the intestinal tract.D.All communicable diseases are bacteria that grow in the respiratory tract. Which expression is equivalent to -6(-+2x)?O-4-12xO-4+ 2xO 4-12xO 4+ 12x 1. True-or-false: All of the substances present in nature are made up of lessthan 100 types of particles. These particles are called molecules. 1. What is the topic sentence?2. What are the supporting details? Sonya is writing an essay about animal overpopulation. She is studying the causes, extent, and effects of this problem. She finds a website that was published by the Humane Society several years ago. The site has a wealth of statistics that would be really useful to cite in her essay.What should she be most cautious of when deciding whether or not to use this source?A. whether or not it is a .org websiteB. whether or not the information is outdatedC. whether or not the author is an expertD. whether or not the site contains opinions Upload your project on the impact of the American and French Revolutions below. 4.5c=9 C= Pls help me ________are nice looking. a.that b.those c.this d.these PLEASE HELP ME WITH STEPS Hellppppp ASAP Will mark brainliest !!!!Which of the following metals is paramagneticA.Beryllium B.Calcium C.sodium D.Magnesium The size (number of bytes) of a structure-type variable can be changed by the following factors. Select all that apply. Group of answer choices changing the orders of the members in the structure. adding a member into the structure. changing an int-type variable to a pointer-type variable. changing the computer from a 32-bit to a 64-bit processor. Which of the following is a function (job) of proteins?Select all that apply.A . Proteins act as antibodies to defend the body from harmful substances. B . Protein act as the main fuel source for cellsC. Proteins build structures such as muscles .D . Proteins help to speed up chemical reaction in the cell .