Coronado Industries will receive $1700000 in 6 years. If the appropriate interest rate is 12%, the present value of the $1700000 receipt is

Answers

Answer 1

Answer:

$861,272.91

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow each year from year 1 - 5 = 0

Cash flow in year 6 = $1,700,000

I = 12%

PV = $861,272.91

To find the PV 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  


Related Questions

If the government imposes a price floor at $10, it would be
A) binding if market demand is Demand A and non-binding if market demand is
Demand B.
B) binding if market demand is Demand A or Demand B.
C) non-binding if market demand is Demand A and binding if market demand is
Demand B.
D) non-binding if market demand is Demand A or Demand B.

If the government imposes a price floor at $10, it would beA) binding if market demand is Demand A and

Answers

If the government imposes a price floor at $10, it would be non-binding if market demand is Demand A and binding if market demand is Demand B. Thus, option (c) is correct.

What is demand?

The term “demand” is relying on people needs and wants to the amount of goods and services. Demand is an economic notion that deals with the connection between consumer demand for goods and services and their market prices.

According to the government charges a price floor at $10 are the market non-binding Demand A and the market demand is Demand B is to the increases.

Therefore, option (c) is correct.

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If the government imposes a price floor at $10, it would be:
C) non-binding if market demand is Demand A and binding if market demand is Demand B.

In this scenario, the price floor is non-binding for Demand A if the equilibrium price is already above $10, meaning that the market price naturally remains above the price floor.

However, the price floor becomes binding for Demand B if the equilibrium price is below $10, forcing the market price to stay at the imposed $10 level.

It's important to note that when a price floor is binding, it can create several consequences, including:

a. Surplus: As mentioned, a binding price floor may lead to a surplus of the product. Suppliers are willing to sell a larger quantity at the higher price floor, but demand is insufficient to meet that level of supply.

b. Inefficient Allocation: The binding price floor may result in an inefficient allocation of resources since some willing buyers are excluded from the market due to the higher price.

c. Potential Government Interventions: The government may need to implement measures to manage the surplus, such as purchasing excess supply or providing subsidies to support producers.

In summary, a price floor is considered non-binding if the equilibrium price is already above the set minimum price. However, if the equilibrium price is below the price floor, the price floor becomes binding, leading to potential consequences such as a surplus and inefficient resource allocation.

The impact of a price floor depends on the specific market conditions and the relationship between the price floor and the equilibrium price.

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What are the six levels of ethical decision making?

Answers

Answer:

Know the Facts. Before tackling an ethical issue, clearly define the nature of the challenge.

Identify the Required Information. You don't know what you don't know.

List the Concerns.

Develop Possible Resolutions.

Evaluate the Resolutions.

Recommend an Action.

The six levels of ethical decision-making include the following:

The knowledge levelThe identification levelEvaluation levelSelection levelAssessment levelAdaptation level

What is ethical decision-making?

Ethical decision-making refers to a system of reaching decisions while considering the moral aspect of things. In the knowledge stage, the individual who wants to make an ethical decision acquaints him or herself with the laws guiding some acts.

ext, they identify the person with the moral issue and ways to handle them. The evaluation step follows for further insight. Selection, assessment, and adaptation of the result obtained will consequently follow.

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Two standardized letter formats are and?

Answers

There are several formats for writing professional letters. There are two basic styles of letters: block form and indented form. The samples below will help you determine which style you prefer. Check Writing Letters for more details on block, indented and simplified letters.

Marcus loves a certain candy bar that he thought was only sold in Spain. The other day, he saw that the candy bar is now available in his local

grocery store. What process helped bring the Spanish candy bar to America?


recession


foreclosure


global trade


monopolizing

Answers

Answer:

global trade

Explanation:

The process that allowed this to happen is global trade. This is basically involves everything regarding trading goods from country to country (internationally). One company offers the goods that they have in excess in exchange for cash or other goods. Which allows each country to increase their economies, as well as allowing each country to obtain items/goods that they otherwise did not have the resources to make.

Answer:

Global Trade

Explanation:

What aspect of the control environment is affected by the company's decision to no longer require approvals for purchase order discounts

Answers

Answer:

. When temporary workers are recruited the wages might be less but the accuracy extent is quite questionnable. Even the slightest mistake by the workers will make the permanent workers liable. Though the wages of the temporary workers are less.

Explanation:

(>‿◠)✌

The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.

Answers

The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.

1. The US Senate passed the 2022 Defense Authorization Act.

2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.

3. The total amount allocated for the Defense Authorization Act is $768 billion.

4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.

5. The Act represents a 5% increase in the US defense budget when compared to the previous year.

6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.

7. The Act was passed overwhelmingly, indicating strong support from the Senate.

8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.

9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.

10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.

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3 enchancing quantative chrcteristics

Answers

3 enhancing quantitative characteristics are:

CompletenessAccuracyTimeliness

3 enhancing quantitative characteristics

There are several quantitative characteristics that can enhance a dataset, making it more useful for analysis and decision-making. These include:

Completeness: This refers to the extent to which the dataset contains all of the relevant information needed for the analysis. A complete dataset will have no missing values or data points, which can help to reduce bias and increase the accuracy of the analysis.

Accuracy: This refers to the degree to which the data in the dataset is correct and free from errors. An accurate dataset will contain data that is consistent with other sources and is free from errors that can lead to incorrect conclusions.

Timeliness: This refers to the relevance of the data in the dataset to the current time. A dataset that is timely will contain data that is up-to-date and relevant to the current situation, which can help to ensure that the analysis is based on the most recent information.

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What should you do when the job you interviewed for is not what you wanted?
a. Accept the position
b. Reject the position
C. Ignore all offers
d. None of the above

Answers

B

i think because you dont want a job that is not what you want to do.

B. Because if you don’t want that position you can always reject it

In an unrelated acquisition, if five firms are interested in acquiring a firm and each of the bidding firms had a current market value of $30,000 while the current market value of the target firm is $20,000, this acquisition is likely to generate economic profits of ________ for the acquiring firm.

Answers

Answer:

It is not possible to determine the economic profits that the acquiring firm will generate from the acquisition based on the information provided.

The economic profits of an acquisition depend on various factors such as the price paid for the target firm, the synergies and efficiencies that can be realized by combining the two firms, and the potential growth and profitability of the target firm in the future.

In this scenario, it is only stated that five firms are interested in acquiring a firm with a current market value of $20,000, and each bidding firm has a current market value of $30,000. This information alone does not provide enough detail to calculate the expected economic profits for the acquiring firm.

Therefore, additional information such as the final acquisition price and other factors that could impact the acquisition's profitability would be needed to determine the economic profits generated by the acquisition.

Explanation:

An investor owns $8,000 of Adobe Systems stock, $9,000 of Dow Chemical, and $9,000 of Office Depot. What are the portfolio weights of each stock?

Answers

Answer:

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

Explanation:

Calculation for the portfolio weights of each stock

First step is to calculate the Total portfolio

Total portfolio = $8,000 + $9,000 + $9,000

Total portfolio == $26,000

Last step is to calculate the portfolio weights of each stock

Adobe System weight = $8,000 / $26,000

Adobe System weight = 0.3077

Dow Chemical weight = $9,000 / $26,000

Dow Chemical weight = 0.3462

Office Depot weight = $9,000 / $26,000

Office Depot weight= 0.3462

Therefore the portfolio weights of each stock will be :

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

The list price of an item is $96.60. The supplier is offering a series trade discount of 10/10/19. Find the net cost.
The net cost of the item is $
(Round to the nearest cent as needed.)

Answers

The net cost of the item, after applying the series trade discount, is $63.41.

To calculate the net cost of the item, we need to apply the series trade discount provided. The series trade discount is given as 10/10/19, which means there are three successive discounts applied.

Let's break down the discounts:

The first discount is 10%.The second discount is 10%.The third discount is 19%.

To find the net cost, we need to calculate the price after each discount.

Step 1: Apply the first discount of 10%

List price - (10% of list price)

List price - (10/100 * List price)

List price - 0.1 *

List price = 0.9 * List price

Step 2: Apply the second discount of 10%

0.9 * List price - (10% of 0.9 * List price)

0.9 * List price - (10/100 * 0.9 * List price)

0.9 * List price - 0.09 * List price

0.81 * List price

Step 3: Apply the third discount of 19%

0.81 * List price - (19% of 0.81 * List price)  

0.81 * List price - (19/100 * 0.81 * List price)

0.81 * List price - 0.1539 * List price

0.6561 * List price

Now, to find the net cost, we multiply the list price by the result of the series of discounts:

Net cost = List price * 0.6561

Given that the list price is $96.60, we can calculate the net cost:

Net cost = $96.60 * 0.6561

Calculating this, we find:

Net cost = $63.41 (rounded to the nearest cent)

Therefore, the net cost of the item, after applying the series trade discount, is $63.41.

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Amika has a high-paying job that she loves. She works so much that she has little time for anything else, and she doesn’t have much family that she stays in contact with. In addition, Amika works with most of her friends, so she doesn’t really mind the long hours. She rarely takes her vacation days, though she loves to travel and works it into her lifestyle whenever she can. In what way does Amika’s job support and conflict with her lifestyle?

She can work with her friends, which supports her social life, but she has long hours, which does not allow for family time.
The job is high paying, which can support her love of nice things, but she has long hours, which does not allow for family time.
The job is high paying, which can support her love of travel, but she has long hours, which does not allow for vacations.
She can work with her friends, which supports her family life, but she has long hours, which does not allow for vacations.

Answers

Answer:

A

Explanation:

Just did it on edg

Rickie loves to shop. lately, she's been thinking it might be wise to cut back on the time and money she spends shopping. Then again, it's something she really enjoys. based on your spending experience and personal knowledge, what would you recommend to Rickie?

Answers

It may be wise for Rickie to evaluate her spending habits and prioritize her financial goals while considering her enjoyment of shopping.

Should Rickie Cut Back on Shopping?

Rickie should take a closer look at her spending habits and financial goals. She could start by creating a budget and tracking her expenses to gain a clear understanding of how much time and money she is spending on shopping.

By evaluating her spending patterns, Rickie can identify areas where she may be able to cut back or make adjustments, without completely giving up something she enjoys. For example, she could set a monthly shopping budget, limit impulsive purchases, or look for ways to save money while still enjoying the shopping experience, such as shopping during sales or using coupons.

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The price elasticity of supply reflects the flexibility of firms to increase or decrease the quantity supplied.
Which of the following does NOT increase flexibility?

Answers

So far in this chapter, all of the elasticity metrics have been related to the demand side of the market. Knowing how sensitive the amount given is to a change in pricing is also helpful.

Let's say there is a surge in apartment demand. There will be a dearth of flats available at the previous level of rent, which will put pressure on rents to increase. With all other factors remaining constant, the lower the rise in rent necessary to address the shortfall and restore market equilibrium, the more sensitive the supply of available flats is to changes in monthly rates. In contrast, price would need to climb more if quantity provided is less responsive to price changes, resulting in a shortage brought on by a spike in demand.

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When Steve Wozniak and Steve Jobs envisioned a computer in every home, computers were large, expensive machines owned only by the government, universities, and large companies. What technology currently available today to only a few people can you envision meeting a need for many consumers in the future?

Answers

When Steve Wozniak and Steve Jobs had the idea for a computer in every home, computers were bulky, pricey devices that were only owned by the government, elite institutions, and major corporations.

What is a government?

An organised community is ruled by a government, which is a group of individuals and is often a state. Government is both a method for deciding policy and a way to carry out organisational policy. Despite the fact that every organisation has a governance structure, the term "government" is commonly used to refer more specifically to the 200 or so autonomous national governments and subsidiary organisations. In the modern era, the four basic types of political systems are democracies, monarchies, authoritarian, and totalitarian regimes. Examples of historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. Any theory of governance must consider how political power is obtained, with elections and hereditary succession serving as the two primary mechanisms.

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On october 1, year 2, stokes company paid eastport rentals $4,800 for a 12-month lease on warehouse space.

Answers

Stokes Company paid eastport rents $4,800 on October 1st for a 12-month lease on a warehouse facility. Rent was paid for three months at $1,200 for a total of $4,800.

To include the deferral in the accounting calculation for Stokes. Corporation along with the corresponding December 31, Year 2, Equation for accounting at Stokes Corporation.

Assets = Liabilities + Events Investors' Equity

Unearned revenue plus common stock plus cash

retained profits

Rent received $4,800 = $4,800 - - ( 12 months)

Received rent: $1,200; paid rent: $1,200 (3 months) ($4,800×3/12)

In the accounting equation, include the deferral and the associated December 31, Year 2, adjustment for Eastport Rentals.

Equation for accounting at Eastport Rentals

Events Assets=Liabilities+ Investors' Equity

Unearned revenue plus common stock plus retained earnings equals cash.

received rent of $4,800 = $4,800 - ( 12 months)

Received rent - ($1,200) - ($1,200) (for three months) - ($4,8003/12)

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How can an organization gain trust between business and development ?

Answers

Answer:

hope it's helpful and mark me as brainlist

and drop some thanks

How can an organization gain trust between business and development ?

performance.
Below is the information relating to production and sale of the
threeproducts for the year ending 31 December 2019:
Particulars
Krollers
Bags
Output sold (000)
Unit sales and costs
Selling price
Direct materials
Direct labour
Fixed production costs
Selling and distribution
Costs
Layers
Bags
1,200
Shs
1,050
Shs
Broilers
Bags
1,300
Shs
200,000 185,000 180,000
90,000 100,000
60,000 50,000
28,000 24,000
7,000 7,000
80,000
45,000
30,000
7,000
Administrative costs
5,000 5,000
6,000
Management accountant further advised that shutting down the
production line of feed concentrate for Kroilers will save 20% of the
total annual fixed costs.
Required:
Advise SIL's management, on whether the production line of
feed concentrate for Kroilers should be shut down.
(9 marks)

Answers

Based on the information provided, I recommend that SIL does not shut down the production line of feed concentrate for Kroilers

How to explain the information

The decision to shut down a production line is a complex one that should be made on a case-by-case basis.

In the case of SIL, the management accountant has advised that shutting down the production line of feed concentrate for Kroilers will save 20% of the total annual fixed costs. This would result in a net profit increase of Shs. 2,800,000 (20% of 28,000,000). However, there are a number of other factors that need to be considered.

Based on the information provided, I recommend that SIL does not shut down the production line of feed concentrate for Kroilers. The financial benefits of the closure would be offset by the costs of job losses, lost sales, and damage to the company's reputation. The company should explore other options, such as finding a way to reduce costs without closing the production line.

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Teamwork Skills
And what you can learn from it
In in skill In
life

Answers

Some team work skills are
Communication.
Time management.
Problem-solving.
Listening.
Critical thinking.
Collaboration.
Leadership.
And you can learn how to respectfully and confidently express their ideas and opinions effectively in a group setting.

Outsourcing can give short term

Answers

Short-term outsourcing is available and may provide you quick fixes and immediate resolutions, you have to see outsourcing as a business partnership that can last beyond a decade. Quick fixes, after all, are incapable of producing long-term rewards.

A company function or any particular business activity may be outsourced to specialist organizations. The corporation often outsources the non-core functions like sanitization, security, home, pantry, etc. The business and the agency enter into a legal contract.

The necessary personnel are then provided to the firm by the agency. The agency bills the business for their services and reimburses them by paying their workers' salaries. Outsourcing is on the rise as a result of global competition. Companies may enhance their profitability and improve the quality of their products by concentrating on their core competencies with the aid of outsourcing.

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PLS HELPPPPP MEEE FAST

PLS HELPPPPP MEEE FAST

Answers

Answer:

Explanation:

the price of the domestic currency with respect to another currency.

so  a

Situation
The context you find yourself in is electronics store owner. The name of your store is Electro Hut. As an owner you want to make a profit. You need to price the products you are selling, but need to make sure that overall you have 30% profit, but two of the products you sell require you to sell them for a price set by the manufacture.
The challenge involves dealing with your customers. In order to be the best store in town, you must not over charge. Adding 30% to all the items except the products that you must sell at a price set by the manufacture will ensure you don't price too high.
For the two items that prices are set by the manufacture you need to find the amount of profit that manufacturer are allowing you to make.

Finally, you will need to write a summary paragraph which needs to explain what you did and why you did it.

Answers

Answer:

Try This

Explanation:

Try to find the number of flexable priced products you may sell. for 30% to the profit, you must factor in the total available numbers, and evenly divide the percentage lost to the other products. take 30% of the price you pay for the two regulated products, add that number and you may then divide that amount equaly to the already 30% profit you have factored in with the other items.

a-  amount

B- price

p- necessary profit

c- profit per item

(Ba x.03) = p

p/(a-2)  = c

((2.00 x 4) .30) =

=8.00 x .3  

=2.4

4-2/ 2.4

2/ 2.4

1.2 = c

c should be how much you add to two items, and your done! you have a correct price set for your item that allow you to make 30% profit on all items excluding the two that must be kept at a standard price.

Select the correct answer from each drop-down menu.
Apply your knowledge of the ways that trade affects individuals and cultures to complete the statements.

Select the correct answer from each drop-down menu.Apply your knowledge of the ways that trade affects

Answers

Market expansion and access to goods and services that would not otherwise be available locally are made possible through international commerce. The market is more cutthroat because of global trade.

Which cultural effects does commerce have?

Through cultural interchange, cultures are impacted when nations start or grow commerce. Cultural exchange is the process of passing along ideas from one culture to another, including religious doctrines, worldviews, concepts, and modern technologies. In economic connections, cultural interchange is unavoidable.

Why are cultural exchanges so vital?

The link between creativity and globalisation is seen to be formed via cultural exchange. Emerging market economies may be able to gain from both thanks to the equally distributed creative talent.

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Answer:

Outsourcing, cultural imperialism, oppose

Explanation:

i got it correct.

6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek listed the "Best Small Compa- nies." We are interested in the current results of the companies' sales and earnings. A random sample of 12 companies was selected and the sales and earnings, in millions of dollars, are reported below. Company Papa John's International Applied Innovation Integracare Wall Data Davidson & Associates Chico's FAS X Sales Earnings ($ millions) ($ millions) $89.2 18.6 18.2 71.7 58.6 46.8 $4.9 4.4 1.3 Company Checkmate Electronics Royal Grip M-Wave Serving-N-Slide 8.0 6.6 Daig 4.1 Cobra Golf X M Sales Earnings ($ millions) ($ millions) $17.5 11.9 19.6. 51.2 28.6 69.2 $2.6 1.7 3.5 8.2 6.0 12.8 Let sales be the independent variable and earnings be the dependent variable. a. Draw a scatter diagram. b. Compute the correlation coefficient. c. Determine the regression equation. d. For a small company with $50.0 million in sales, estimate the earnings. orting in several rec​

Answers

a The scatter diagram is attached .

b The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

b The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

d If a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

How to explain the working

Enter the data into a spreadsheet.

Company Sales (millions of dollars) Earnings (millions of dollars)

Papa John's International 89.2 18.6

Applied Innovation 18.2 4.4

Integracare 71.7 1.3

Wall Data 58.6 4.9

Davidson & Associates 46.8 4.6

Chico's FAS 42.0 2.6

Checkmate Electronics 36.0 2.2

Royal Grip 30.0 1.7

M-Wave 24.0 1.5

Serving-N-Slide 18.0 1.3

Daig 12.0 1.1

Cobra Golf 6.0 0.8

Step 2: Use the "Scatter" function to create a scatter diagram.

The scatter diagram shows that there is a positive linear relationship between sales and earnings.

Use the "Correlation" function to calculate the correlation coefficient.

The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

Use the "Regression" function to calculate the regression equation.

The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

Substitute 50 for x in the regression equation to calculate the estimated earnings.

When x = 50, y = 0.09 * 50 + 2.2 = 41.2.

Therefore, if a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

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6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek

Manny Mota is currently considering investing in a high dividend yield stock with no growth
potential that pays a 6% dividend yield. His tax rate is 30% and the tax rate on dividends is
15%. What is his after-tax rate of return on this investment (round to one decimal place;
e.g., 7.5%) ?

Answers

The after-tax return on investment in high yield dividend stock comes out to be 7.05%.

What are the dividends?

Dividends are the amounts allocated by companies to their share investors up to the shares owned by them.

Given values:

Dividend yield: 6%

Tax on dividends: 15%

Computation of after-tax return on investment:

\(\rm\ After-\rm\ tax \rm\ return=\frac{\rm\ Dividend \rm\ yield}{1-\rm\ Tax \rm\ Rate} \\\rm\ After-\rm\ tax \rm\ return=\frac{0.06}{1-0.15} \\\rm\ After-\rm\ tax \rm\ return=7.05\%\)

Therefore, the rate of return on dividends after taxes is 7.05%.

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NOVO FINANCE ECONOMICS AND ACCOUNT
243 Sub-task 3: Economic environment (Total: 30 marks: 180 minutes)
The Book Store is a business which sells a variety of books to suit any lifestyle, from
bestselling novels, educational material to children's books
The owner, Wendy Brocks, has realised that there is a demand for creative stationery
based on her customers' requests. She decided to expand her business by producing a
stationery-line including creative paper, envelopes, notepads, creative stamps, craft pens
and wrapping paper which she will sell in
store.
Wendy is considering using semi-finished products to produce the stationery and wants to
loan in order to gain the capital for the expansion of The Book Store. Wendy knows that
import the creative stamps and craft pens from China. Wendy plans to apply for a business
she has to conduct thorough research before starting this new venture.
The student is required to assist Wendy by conducting the research and preparing an
investigative report on the following points:
a) The four factors of production (inputs) needed for the manufacturing process of The
Book Store's new stationery-line. The student is required to investigate two inputs for
each factor of production.
b) Include a drawing of the production process of this new venture.
c) Research the infrastructure needed to manufacture the stationery-line.
d) Propose ideas on how to produce the creative stationery in an environmentally friendly
way to prevent deforestation.
e) Assuming the inflation-rate rises, give one implication that this increased inflation rate.
would have on the import cost of creative stamps and craft pens from China.
Find out the current interest rate as Wendy is considering applying for a loan. The date
the interest rate obtained must be given.
9) The investigation should be concluded by providing an opinion as to whether this
business idea is viable or not and provide three reasons to substantiate the answer.

Answers

The four factors of production (inputs) needed for the manufacturing process of The Book Store's new stationery include land, labor, capital and entrepreneur.

How to illustrate the information?

Based on the information given, the production process of this new venture will be the input or resources that will be used for the production process.

The infrastructure needed to manufacture the stationery-line will be capital, and portfolio designs as well as printing machines.

The ideas on how to produce the creative stationery in an environmentally friendly.way to prevent deforestation is to use less paper and recycling.

An implication of this increased inflation rate is that it lead to the increase in production cost.

Lastly, the business is viable as there is a demand for creative stationery based on her customers' requests.

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Problem-6; (chapter 3) SS Ltd. obtained significant influence over YY Ltd by buying 30% of Y's 100,000 outstanding ordinary shares at a cost of Br 18 per share on January 1, 2022. On May 15, YY declared and paid a cash dividend of Br 150,000. On December 31, YY reported net income of Br 270,000 for the year. (a) record acquisition of shares (a) record revenue and dividends​

Answers

(a) Record acquisition of shares: Investment in YY Ltd. Dr. Br 540,000, Cash Cr. Br 540,000.

(a) Record revenue and dividends: Dividend Receivable Dr. Br 45,000, Revenue from Investment in YY Ltd. Cr. Br 45,000; Investment in YY Ltd. Dr. Br 81,000, Revenue from Investment in YY Ltd. Cr. Br 81,000.

(a) To record the acquisition of shares by SS Ltd. on January 1, 2022:

Investment in YY Ltd. (30% of 100,000 shares * Br 18) Dr. Br 540,000

Cash Cr. Br 540,000

This journal entry records the purchase of 30% of YY Ltd.'s outstanding shares for a total cost of Br 540,000.

(b) To record revenue and dividends for the year:

On May 15, YY Ltd. declared and paid a cash dividend of Br 150,000. This dividend represents the portion of the company's earnings that will be distributed to its shareholders.

Dividend Receivable Dr. Br 45,000 (30% of Br 150,000)

Revenue from Investment in YY Ltd. Cr. Br 45,000

This entry recognizes the dividend revenue earned by SS Ltd. from its investment in YY Ltd.

On December 31, YY Ltd. reported net income of Br 270,000 for the year. As SS Ltd. has significant influence over YY Ltd., it needs to adjust its investment account for its share of the net income.

Investment in YY Ltd. Dr. Br 81,000 (30% of Br 270,000)

Revenue from Investment in YY Ltd. Cr. Br 81,000

This entry records the revenue earned by SS Ltd. from its share of YY Ltd.'s net income.

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Hi can someone help!

The most direct wat for Johnathan to gain on the job experience and earn money while attending school is to apply for:

a. Private Loan
b. A work study program
c. Federal financial aid
d. Scholarships

Answers

Answer:

a work study program...........

All terms of contracts, even "fine-print" terms of standard form contracts, are part of the parties' deal and binding on them, because parties have an obligation to read their contracts and are assumed to have done so.
T/F

Answers

The statement is generally true. When parties enter into a contract, they are presumed to have read and understood the terms of the contract, including any fine print or standard form language. This is known as the principle of "caveat emptor," which means "let the buyer beware."

Courts generally assume that the parties to a contract have entered into the agreement voluntarily and with a full understanding of its terms. As such, parties are typically bound by all of the terms of the contract, even if they did not fully read or understand them. However, there are some exceptions to this principle. For example, if one party engages in fraud or misrepresentation, or if the contract terms are unconscionable or illegal, a court may refuse to enforce the contract or certain provisions of it. Nonetheless, parties should take care to read and understand the terms of any contract before signing it to avoid any misunderstandings or legal issues down the line.

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Suppose the price elasticity of supply for lumber is 2.4. If the price of lumber increases by 20% how much would the quantity supplied of lumber change

Answers

The quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.

How to calculate by how much would the quantity supplied of lumber change

If the price elasticity of supply for lumber is 2.4, then we can use the formula:

Elasticity of supply = percentage change in quantity supplied / percentage change in price

Solving for the percentage change in quantity supplied, we get:

Percentage change in quantity supplied = Elasticity of supply * Percentage change in price

Given that the price of lumber increases by 20%, the percentage change in price is 20%.

The percentage change in quantity supplied would be:

Percentage change in quantity supplied = 2.4 * 20% = 48%

Hence, the quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.

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