At the end of the cycle only in the accounting cycle should an accountant prepare a trial balance. The correct option is C.
Why do accountants prepare a trial balance?A trial balance's purpose is to ensure that all entries made to an organization's general ledger are properly balanced. Each general ledger account's ending balance is listed in a trial balance. Each accounting entry's total dollar amount of debits and credits is supposed to match.
The trial balance is created after all transactions in the ledger accounts have been recorded. All ledger account balances to the credit and debit sides are recorded in the trial balance. It is typically prepared at the end of the fiscal year, prior to the preparation of final accounts.
Thus, the ideal selection is option C.
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sweeney pies has issued a zero-coupon 11-year bond that can be converted into 10 sweeney shares. comparable straight bonds are yielding 9%. sweeney stock is priced at $63 a share. (assume a face value of $1,000 and semi-annual compounding.) a. suppose that you had to make a now-or-never decision on whether to convert or to stay with the bond. which would you do? multiple choice convert the bond stay with the bond b. if the convertible bond is priced at $475, how much are investors paying for the option to buy sweeney shares? (do not round intermediate calculations. round your answer to 2 decimal places.) c. if, after one year, the value of the conversion option is unchanged, what is the value of the convertible bond? (do not round intermediate calculations. round your answer to 2 decimal places.)
$510.88 is the value of the convertible bond.
a). Current price of the zero coupon bond = par value/(1+9%)^11 = 387.53
If a bond is converted then the converted value is the number of shares upon conversion*current share price = 10*63 = 630
Gain, if converted = 630-387.53 = $242.47
The decision should be to convert the bond.
b). Fair price of the bond = 387.53
Bond price = 476
Value of the option to buy the shares = 476-387.53 = $88.47
c). Fair price of the bond after one year = 1,000/(1+9%)^10 = 422.41
Value of convertible bond = fair price + value of conversion option = 422.41 + 88.47 = $510.88.
A convertible bond is a fixed-income commercial debt security that yields interest payments but can be converted into a destined number of common stock or equity shares. The conversion from the bond to stock can be done at certain times during the bond's life and is generally at the discretion of the bondholder.
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dew drop inn had net revenue of $117,000 in 2020 and $100,000 in 2021. its fixed assets were $400,000 at the end of 2019, $380,000 at the end of 2020, and $360,000 at the end of 2021. in which year was the fixed asset turnover ratio better? multiple choice question. 2021, because the ratio was lower. 2021, because the ratio was higher. 2020, because the ratio was lower. 2020, because the ratio was higher.
The year with the better fixed asset turnover ratio was 2020.
The fixed asset turnover ratio is calculated as:
= Revenue / Fixed assets For 2020 it was:
= 117,000 / 380,000 = 47%
In 2021 it was: = 100,000 / 360,000 = 28%
How to calculate fixed asset turnover ratio?
The efficiency with which a business may use its long-term fixed asset base (PP&E) to produce income is gauged by the fixed asset turnover ratio.
Like the total asset turnover ratio, the fixed asset turnover ratio measures how effectively a corporation uses its assets (and producing sales).
The difference is that only long-term fixed assets, such as property, plant, and equipment (PP&E), are included in the fixed asset turnover ratio formula as opposed to both current and non-current assets.
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what do graphs of marginal product of labor and average product of labor when the curve is a straight line
Initially when the graphs of the Average product of labor and Marginal product of labor are straight lines which shows that both the Average and Marginal product increase with the increase in labor.
Marginal product is the additional output that is generated by an additional worker. With a second worker, production increases by 5, and with the third worker, it increases by 6. When these workers are added, the marginal product increases.
The MP curve initially increases, reaches its maximum, and then declines. the AP curve also shows a similar trend as the MP. It rises, reaches its maximum, and then falls. At the point where AP reaches its maximum, AP = MP.
The law of diminishing marginal returns states that as successive amounts of the variable input, i.e., labor, are added to a fixed amount of other resources, i.e., capital, in the production process the marginal contribution of the additional variable resource will eventually decline. As the marginal product begins to fall but remains positive, the total product continues to increase but at a decreasing rate. As long as the marginal product of a worker is greater than the average product, computed by taking the total product divided by the number of workers, the average product will rise.
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which of the following statements concerning activity-based management is true? select one: a. activity-based management is concerned with maximizing the value of activities. b. activity-based management is concerned with minimizing the cost of activities. c. activity-based management is concerned with improving processes. d. all of the above statements are true.
The correct answer is option D. All the statements about activity-based management are true.
The goal of activity-based management is to maximize the value of activities. The goal of activity-based management is to keep activity expenses as low as possible. The goal of activity-based management is to improve processes.
ABM is a method of determining a company's profitability by reviewing each aspect of its operations to identify strengths and weaknesses. ABM is used to help management determine which areas of the firm are losing money so that they can be rectified or removed completely.
ABM is a method of examining and evaluating a company's business activities using activity-based costing and value-chain analysis. In other words, the ABM approach is used to compare the cost of an activity to the value delivered by the activity, with the purpose of improving operational and/or strategic performance.
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which of the following may be the cause of an unfavorable staff time variance? a.staff inefficiency b.insufficient staff training c.overscheduling d.all of these choices are correct.
Feature detectors pass information to other cortical areas where complex patterns are processed by.
Feature detectors transmit data to supercell clusters, which process complex patterns in other cortical regions. The best example of parallel processing is the capacity to consider the pitch, loudness, melody, and meaning of a song at the same time.
The cochlear implant is a high-tech active implantable medical device consisting of a transducer that transforms acoustic signals into electrical signals that stimulate the auditory nerve.1 These signals are processed by the different parts that make up the cochlear implant, some of the which are placed inside the skull and others outside. It helps people to listen and can be used for people who are deaf or hard of hearing. It is not the same as a hearing aid, as it is surgically implanted and works differently.
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a loan is offered with monthly payments and a 7.25 percent apr. what's the loan's effective annual rate (ear)?
The effective annual rate (ear) of a loan that has monthly payments and an APR of 7.25 percent is 7.50.
How much does an effective annual rate (ear) cost?
The Effective Annual Interest Rate (EAIR) is the interest rate that takes compounding over a given time period into consideration (EAR). Simply explained, the effective annual interest rate is the rate of interest that an investor can earn (or pay) in a year after accounting for compounding.
EAR can be used to calculate the returns on assets like savings accounts and guaranteed investment certificates as well as the interest due on any debt, including loans (GICs).
The annual equivalent rate (AER), effective rate, and effective interest rate are all terms used to refer to the effective annual interest rate. Compared to the APR, which is based on basic interest, this percentage rate is lower.
Calculation:
Given -
7.25% annual rate equals 0.0725
12 is the number of compounding periods (monthly compounding)
The following calculation can be used to get the effective annual rate:
[tex]EAR=(1+\frac{i}{n} )^{n}-1[/tex]
[tex]EAR=(1+\frac{0.0725}{12} )^{12} - 1[/tex]
Or,
Annual Effective Rate = 7.50
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11. When businesses sponsor
community events they are largely
fulfilling their
responsibility to:
walmart has posted a job description for an open position focused on the following responsibilities: managing the merchandising of new products in the appropriate store areas; selecting appropriate shelving and display materials throughout the store; identifying needed store repairs. which type of organizational resource will this job manage?
Walmart has posted a job description for an open position focused on the following responsibilities, the physical type of organizational resource will this job manages.
responsibilities is the quality of being answerable, accountable, or in charge of something that is under one's management. Environmental, compliance, and customer service responsibilities are just a few of the obligations that all business owners must fulfill.
You are expected to carry out a responsibility. A task you are required to complete could be a responsibility. For instance, your parents anticipate that you will brush your teeth. a piece ofJob, particularly a specific task completed as part of one's daily routine at work or for a predetermined fee: He was given the task of mowing the lawn by her. an editorial position, whether full- or part-time: She was looking for employment. Jobs: Producers, Thinkers, Builders, Improvers, and
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which of the following is not a financial budget? a. budgeted income statement. b. production budget. c. budgeted balance sheet. d. cash budget.
Option C. budgeted balance sheet is not a financial budget system in the given list of budget system.
Budget:
Budget refers an estimate of how much money you'll make and spend over a certain period of time, such as a month or year.
Given,
Her we have the list of budget system.
Now, we need o identify which one is not a financial budget.
In order to find the non financial budget, we must know the definition of financial budget,
Financial budget states that the process of calculating how much money you will earn during a particular period of time, and planning how much you will spend, save, and borrow.
According to this definition, we have identified that the budgeted balance sheet is not a financial budget.
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for a new laptop computer, tatra software and hardware company has a unit contribution margin of $120 and a contribution margin ratio of 40%. what is the unit selling price?
The contribution margin ratio is calculated using the following formula: Contribution margin ratio: Unit contribution margin/ Unit selling price Here, the Contribution margin ratio = 40%, Unit contribution margin = $120, Therefore,40% = $120/ Unit selling price. Unit selling price: $120 /40% Or, Unit selling price = $300
The donation periphery rate is the difference between a company's deals and variable charges, expressed as a chance. The total periphery generated by a reality represents the total earnings available to pay for fixed charges and induce a profit. When used on an individual unit trade, the rate expresses the proportion of profit generated on that specific trade.
The donation periphery should be fairly high since it must be sufficient to also cover fixed charges and executive outflow. Also, the measure is useful for determining whether to allow a lower price in special pricing situations.
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in 2008, the price of houses fell dramatically across the country. as a result, the wealth of most households fell substantially. how would we model the effect of this using the as/ad model?
The curve, also in mathematics known as a curved line in theoretical and implemented mathematics texts is a mathematical object similar or distinctive to the axial immediately aircraft traces, the curved line is not a straight line however may be a characteristic, or the curved line may be a part of a nonstraight aircraft (non-rectangular item), or a part of a sphere or round object, or a curved plane, etc., and there too is distinct (it is "now not contrary", ie no longer perpendicular or parallel) to directly strains which might be a part of directly planes however for some functions can be projected to a straight aircraft into instant planes.
In axial spheres and curved spherical items, strains can outline "the geometry of the item
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a 6000-seat theater has tickets for sale at s24 and s40. how many tickets should be sold at each price for a sellout pertormance to generate a totalrevenue of $166,400?
For a sellout performance, 1800 and 4200 tickets must be sold at each price in order to earn a total revenue of $166,400.
What is revenue?The amount of money generated by regular business operations is known as revenue, and it is calculated by dividing the quantity of units sold by the average selling price. Revenue is also referred to as sales on the income statement.
Calculation:
Given:
The cost of tickets is $24 and $40.
Let x represent the total number of tickets sold at the $24 price.
Let y represent the total number of tickets sold at the $40 price.
There are a total of 6000 seats in the theater.
Hence,
x + y = 6000 (equation 1)
$166,400 is the entire amount of money that must be made.
24x + 40y = $166,400 (equation 2)
Now, if we multiply equation 1 by 40, we obtain:
40x + 40y = 240,000 (equation 3)
Now, we obtain by deducting equation 2 from equation 3:(40x + 40y = $240,000) - (24x + 40y = $166,400)
16x = $73,600
x = 73,600/16
x = 4,600
Now, we obtain by changing the value of x in equation 1:
x + y = 6,000
4,600 + y = 6,000
y = 6,000 - 4,600
y= 1,400
As a result, 1800 out of a total of 4200 tickets were sold.
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an investment is expected to generate noi of $150,000 in year 1, growing by 2% per year. assume a 3-year holding period, a terminal cap rate of 7%, and a discount rate of 8%. what is the value of the investment? how much should the investor be willing to pay?
The current value of a potential payment stream can be determined using the net present value (NPV) method.In capital budgeting, the NPV is used to compare whether an investment will produce positive cash flow in the future.
How Does Net Present Value Work?
A capital budgeting analysis method used to determine whether a long-term project will be profitable is net present value.The NPV formula is based on comparing an initial investment to a project's future cash flows.
The fact that $1 today is not the same as $1 tomorrow is an important aspect of the NPV formula. A sum of money today is worth more than the same sum of money in the future (assuming positive returns are anticipated) because money today can be used to generate returns in the future.
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when one party's performance in a contract is substantial, then the other party's duty to perform is:
The other party's duty to perform remains absolute If one party substantially performs. It is happen if any for the substantially performing party's failure to fully perform although the other party may be entitled to recover damages.
Substantial performance generally can be described as a doctrine, whereby one party under a contract. if he substantially performed his duties under the contract substantial performance can still recover for damages even though that individual failed to comply with the contract in some way. The example of substantial performance is fulfillment of the obligations agreed to in a contract.
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which of the following statements is correct regarding a work sheet and the adjustment process? multiple choice question. adjusting journal entries are prepared from the adjusted trial balance columns. adjusting journal entries are journalized in the work sheet. after keying adjustments in the work sheet, it is not necessary to journalize the adjustments in a journal. adjusting journal entries are prepared from the adjustments columns of a work sheet.
Adjusting journal entries are prepared from the adjustments columns of a work sheet statements is correct regarding a work sheet and the adjustment process.
journal entries is the process of changing one's behavior to establish a positive rapport with one's surroundings. According to Santrock, adjustment is a constant process through which a person seeks to alter his surroundings or alters his own behavior in response to the requirement for adaptability. Amount adjustment in economics is the process by which a market excess results in a reduction in the quantity supplied or a market shortfall results in an increase in the quantity supplied.
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a long year-end status report for work is 164 pages long. you need to print 15 copies for a meeting next week. how much is the paper going to cost for those reports? paper is sold in reams (500 pages) for $3.78 each.
The paper will cost $18.9 for printing the reports
Any expenses you incur because of your printer are considered printing costs. This includes the price of your printers, the price of your ink and paper for printing, as well as the price of other printer supplies.
Number of pages in the long year-end report = 164 pages
Number of copies required = 15 copies
Total pages required to be printed = 164*15 = 2460 pages
Cost of a ream of 500 pages = $3.78
So, for 2460 we will require = 2460/500 = 4.92 or 5 reams of paper
Cost of printing the report= 5*3.78 = $18.9
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assume the equilibrium price for an apartment in plano is $1000 a month. city council imposes a price ceiling of $755 a month on the plano apartment market to help low income people. this leads to:
According to the rule of demand, as a good's price drops, so does the quantity that is sought for.
What is Law of Demand?The law of demand holds that, all other things being equal (cetris peribus), the relationship between price and quantity demanded for any good or service is inverse. A product's price increase causes a decrease in consumer demand for that same product.The law of demand explains why consumers make certain decisions when prices vary. When a good's price increases, there is less demand for that good in the market, presuming other factors that affect demand remain constant.This is how people naturally make purchases.This occurs as a result of consumers' reluctance to spend more money because they are concerned about running out of money.To Learn more About Law of Demand refer to :
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on november 1, 2020, norwood borrows $200,000 cash from a bank by signing a five-year installment note bearing 8% interest. the note requires equal payments of $50,091 each year on october 31. required: complete an amortization table for this installment note. prepare the journal entries in which norwood records the following: (a) accrued interest as of december 31, 2020 (the end of its annual reporting period). (b) the first annual payment on the note.
46,380 would be the Annual Installment Payment on november 1, 2020, norwood borrows $200,000 cash from a bank by signing a five-year installment note bearing 8% interest.
Given information
Norwood borrows $200,000 installment cash from bank by signing a five-year installment note bearing 8% interest on November 1, 2019 Annual Installment Payment
Equal annual payments is $50,091 paid on October 31 each year.
Amortizarion Schedule for this installment note
Date Annual Installment Payment Interest on note Repayment of note Note Payable
(A) (B) (C ) (D) = (B) - (C ) (E )
01/11/2019 $ $ $ $200,000
31/10/2020 50,091 16,000 ($200,000 * 8%) 34,091 165,909 ($200,000 - $34,091)
31/10/2021 50,091 13,273 ($165,909 * 8%) 36,818 129,091 ($165,909 - $36,818)
31/10/2022 50,091 10,327 ($129,091 * 8%) 39,764 89,327 ($129,091 - $39,764)
31/10/2023 50,091 7,146 42,945 46,382 ($89327 - $42,945)
31/10/2024 50,091 3,711 46,380 2* (*Rounded to Zero)
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g which of the following controls will most likely prevent the concealment of a cash shortage resulting from the improper write-off of a trade account receivable? group of answer choices write-offs must be approved by a responsible officer after review of credit department recommendations and supporting evidence. write-offs must be supported by an aging schedule showing that only receivables overdue several months have been written off. write-offs must be approved by the cashier who is in a position to know if the receivables have, in fact, been collected. write-offs must be authorized by company field sales employees who are in a position to determine the financial standing of the customers.
Before approving write-offs, a responsible officer must first take into account the suggestions of the finance department and any pertinent facts.
A write-off is a legal accounting method that deducts funds from a liabilities account while also reducing the value of an asset. When seeking to account for unmet loan obligations, missing receivables, or loss on held items, businesses most often utilize it in the strictest sense.
Expenses incurred when running a business can be subtracted from profits utilizing business tax write-offs, which will ultimately reduce your tax liability. The precise calculation and recording of corporation tax write-offs will result from careful income tax planning and regular recordkeeping.
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alpha corp. is prohibited from issuing more senior debt unless net tangible assets exceed 200% of senior debt. currently, the company has outstanding $100 million of senior debt and has net tangible assets of $262 million. how much more senior debt can alpha corp. issue?
Alpha corp can issue senior debt of more than $25 Million.
According to the question, it is already given that Alpha Corp. is prohibited from issuing more senior debt unless net tangible assets exceed 200% of senior debt. Therefore Alpha Corp. Can issue debt only half of the net tangible asset. Alpha Corp. has net tangible assets of $250 Million. Therefore Alpha can issue 50% of $250 million as a senior debt which is $125 Million. Because at $125 million of senior debt Alpha is meeting the requirement of 200% of the net tangible asset. Additional further senior debt can be issued = total senior debt can be issued - existing senior debt additional further senior debt can be issued = $125 million - $100 million. Hence additional further senior debt can be issued = $25 Million.
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an education company is uploading image assets for their app campaign. what are three guidelines they should follow to optimize their image asset mix?
An education company is providing visual assets for its app marketing. The three recommendations they should follow to optimize their image asset mix are as follows: Include broad borders to improve image clarity.
A business, abbreviated as co., is a legal body that represents an association of persons, whether natural, legal, or a combination of the two, with a specified goal. Members of the company work together to attain certain, stated goals. Companies can take several shapes. A business can be formed as a legal person so that the company itself has limited responsibility as members perform or fail to perform their duties in accordance with the publicly stated incorporation or published policy. When a firm closes, it may need to be liquidated in order to avoid ongoing legal liabilities.
Corporations can form alliances and register as new companies as a group; the resulting entities are generally referred to as corporate groups.
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economists agree that a monopolistically competitive market structure group of answer choices benefits consumers because firms produce products that appeal to a wide range of consumer tastes. lowers consumer utility because consumers pay a price higher than the marginal cost of production. can eliminate any excess capacity if all firms in the industry devote more funds to differentiating their products. is detrimental to society because it leads to a waste of scarce resources.
Economists agree that a monopolistically competitive market structure benefits consumers because firms produce products that appeal to a wide range of consumer tastes.
An economist is a professional who studies the production and consumption of products and services in an economy. They use this information to help businesses and governments make decisions about economic policy.
A consumer is someone who buys goods and services. They are the ones who drive the economy by demand for goods and services. Economists use a variety of methods to study the economy and how it works. They may use surveys, experiments, or mathematical models.
Hence, "First" is the correct option.
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to measure volatility of a portfolio, all of the following would be used except: a correlation coefficient b beta coefficient c sharpe ratio d total return
To measure the volatility of a portfolio, all of the following would be used except Correlation coefficient.
Standard deviation is the maximum not unusual way to degree market volatility, and buyers can use Bollinger Bands to analyze trendy deviation.
Volatility is regularly measured from both the usual deviation or variance among returns from that identical safety or marketplace index.
In the securities markets, volatility is often related to huge swings in either course.
By spreading your investments across different assets, you're less likely to have your portfolio wiped out due to one negative event impacting that single holding.
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currently, bank reserves are equal to $2,000, the required reserve ratio is 10 percent, banks make as many loans as they can, and no borrower withdraws currency and leaves the loan balance in the bank after a loan is created. a news report has made people want to carry currency, and this causes the reserves to fall to $1,500. assume the change is permanent. how much has the money supply decreased?
The money supply is decreased by $5000.
Considering the values given in the question,
Bank reserves = $2000
Reserves fall = $1500
Required reserve ratio = 10%
Lower reserves will decrease money supply.
So,
Decrease in money supply = Decrease in reserves ÷ Required reserve ratio
= $(2000-1500) / 10%
= $500 / 0.1
= $5000
Therefore, The total amount of money is reduced by $5000.
The proportion of deposits that a commercial bank must retain in reserve is known as the required reserve ratio. Money that is being kept in reserve cannot be borrowed or invested. The reserve requirement and reserve deposit ratio are other names for the needed reserve ratio. All American commercial banks' necessary reserve ratios must be established by the Federal Reserve. The statutory reserve ratio aids in ensuring that commercial banks have sufficient reserves to satisfy commitments and consumer withdrawals. Additionally, it encourages a reliable financial system.
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a project risk is anything that may impact the project team's ability to achieve the general project success measures and the specific project stakeholder's priorities. a negative impact is known as a(n) , while a positive impact is known as a(n) . a. issue, benefit b. issue, opportunity c. threat, opportunity
The process of identifying, evaluating, and controlling risks to your company's financial stability is referred to as risk management.
What is Risk management ?That description is based on the core idea that a company will consider all potential problem areas, consider the best remedies for a difficult situation, and then put measures in place to help keep that risk as as minimal as possible. It also entails resolving a challenging circumstance when it occurs. In order to help entrepreneurs and company executives succeed, this guide will go into the instances and clarify the risk management approaches employed.
For each firm and circumstance, the risk management process can take on a varied appearance. For every new product and strategy, some firms have entire teams devoted to enterprise risk management, with a concentrate on strategic risk, risk assessment, risk profiles, financial planning, and risk planning.
Risk management in the corporate sector is crucial. It's crucial for your success whether you run a huge corporation with a comprehensive risk management procedure and strategic risk management division or a small business with only you and your own internal risk analysis. Your overarching goal should be to make your business as secure as you can, ready for the possibility of a technological, physical, or financial issue.
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aqua marine corporation purchases a patent at a cost of $120,000 on june 30, 2020. the company estimates the useful life of the patent to be 10 years. the journal entry to record amortization for the 6-month period ended december 31, 2020, includes a
You debit the amortization expense account and credit the intangible asset for the amount of the annual amortization expense when recording it. A debit appears on one side of an accounting record.
A debit raises the balances of assets and expenses while lowering the balances of revenue, net worth, and liabilities.
Cost of patent = $120000
Valuable life = 10 years
Amortization cost = cost of patent/valuable life
= $120000/10 years
= $12000
Amortization cost for quite some time = $12000*6/12 = $6000
Diary passage:
Charge for amortization from Dr to Patent account Cr is $6,000$6000 (Six-month amortization expense has been recorded)
How does depreciation differ from amortization expense?Depreciation is the asset's loss in value over time, while amortization is the method used to reduce the asset's cost over time. This knowledge aids in better comprehending the purchase's financial implications and saves time, effort, and money.
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A rectangular storage container with an open top is to have a volume of 20 m3. The length of its base is three times the width. Material for the base costs $5 per square meter. Material for the sides cost $9 per square meter. Find the cost of materials for the cheapest such container.
We can conclude that the cheapest cost of such container is $481.40.
A cost is expressed in the price of money that is used to produce something or deliver a service, and hence is not available for use anymore.
To find the cost of materials, we should determine the amount of volume with this formula:
V = LWH
L = 2W
where V = volume, L = lenght
so, V = 2WWH
V = 2W²H
The value of the volume is 20 m³, then plug it in the formula below:
V = 2W²H
20 = 2W²H
10 = W²H
H = [tex]\frac{10}{W^{2} }[/tex] .........................................(1)
Thus, we determine the surface area using this formula:
A = Base + 2 x Sides1 + 2 x sides 2
To determine the cost, we have this function
C = 10 x Base + 6 x (2 x Sides1 + 2 x sides 2)
C = 10 x LW + 6 x (2 x WH + 2 x LH) ........................(2)
Because of L = 2W, then substitute it to the equation-2 below
C = 10 x 2WW + 6 x (2 x WH + 2 x 2WH)
C = 10 x 2W² + 6 x (2WH + 4WH)
C = 20W² + 6 x (6WH)
C = 20W² + 36WH ..................(3)
Therefore, we substitute equation-1 to equation 3
C = 20W² + 36WH
C = 20W² + 36W[tex](\frac{10}{W^{2} } )[/tex]
C = 20W² + [tex]\frac{360}{W}[/tex] .........(4)
After that, determine Differentiate equation-4,
C' = 40 W - [tex]\frac{360}{W^{2} }[/tex]
Set it to 0:
40 W - [tex]\frac{360}{W^{2} }[/tex] = 0
40 W = [tex]\frac{360}{W^{2} }[/tex]
divide both rights and left sides with 40
W = [tex]\frac{90}{W^{2} }[/tex]
W³ = 90
W = 4.48
After we find the value of W, then we substitute it for equation-4
C = 20W² + [tex]\frac{360}{W}[/tex]
C = 20 (4.48)² + [tex]\frac{360}{4.48}[/tex]
C = 401.4 + 80.36
C = 481.40
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define and explain activity-based costing (abc) systems. what benefits does implementation of an abc system bring to the company?
The implementation of an ABC Costing gadget provides you increased manipulate of your organization's costs.
This methodology develops tracing and allocation fashions that pick out the allocation of costs related to each undertaking with precision as properly as how they have an effect on your company's profitability.
What are the benefits of activity-based costing ABC?Activity-based costing provides a more correct approach of product/service costing, main to greater accurate pricing decisions. It will increase appreciation of overheads and fee drivers; and makes high-priced and non-value adding things to do more visible, permitting managers to minimize or remove them.
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https://brainly.com/question/6654166#SPJ4If a consumer makes monthly payments of $250 to pay off a car loan, what type of credit is she using?.
She is using non-revolving credit if a consumer is making monthly payments of $250 to pay off a car loan.
Non-revolving credit is a type of credit that includes loans like student loans, personal loans, and mortgages that you repay in one single payment. In contrast to revolving debt, you are not continuously adding to the debt's original balance. You are no longer obligated to the creditor once the loan is repaid.
Non-revolving credit often has a fixed payback schedule and lower interest rates because it is typically used for a particular purpose, like a college or car loan.
With non-revolving credit, you might have more purchasing power because you can be approved for larger sums of money based on your credit score and other variables.
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