3. Complete the table. Round all amounts to the nearest dollar. Approximate Net Pay as Percent of Gross Pay Approximate Net Earning Hours Per Weekly Earnings Hourly Wage Week Per Week a) $12.55 40 b) $20.25 35
Q: Selected comparative statement data for Oriole Company are presented below. All balance sheet data…
A: Ratio analysis helps to analyze the financial statements of the company. The management can take…
Q: what is the company’s gross profit margin for the month of March.
A: Gross Profit Margin The Gross Margin Ratio, also known as the gross profit margin ratio, is a…
Q: How do accounting books handle over and under absorption of overheads?
A: Under absorption takes place when the amount is absorbed lower than the actual whereas,…
Q: Example: Cinco Mayo Corporation issued 250 shares of $20 par value common stock and 100 shares of…
A: >Sometimes, the common stock shares and preferred stock shares are issued together, and the…
Q: I. Prepare the financial statements of OCHEI SALON AND SPA as of the fiscal year March 31, 2015.…
A: OCHEI SALON AND SPA Income Statement For the Year Ended December 31, 2015 Amount…
Q: 15. The HKD interbank rates may not necessarily rise with the USD interest rates immediately because…
A: The interbank rate in the context of current question denotes interest rate charged when a bank…
Q: At the end of the month, the schedule of accounts payable (a list of ending amounts owed to…
A: Accounts payable is a part of current liabilities which shows the amount due to creditors in respect…
Q: XYZ company provided the following information: Sales Accounts payable Selling expenses…
A: Introduction: Income statement: All revenues and expenses are to be shown in income statement. It…
Q: Marketing Expense Budget Timothy Donaghy has developed a unique formula for growing hair. His…
A: Variable expense are expense that varies with the level of output. Fixed expenses are expense that…
Q: Pretax financial income $480,000 Estimated litigation expense 325,000 Installment sales (220,000)…
A: GIVEN Pretax financial income $ 480,000 Estimated litigation expense 325,000 Installment sales…
Q: General Merchandising Co. Selling price is P2,750, Selling expenses is P500 and the Cost to sell s…
A: As per IAS 2 Inventories, Inventory is to be measured at lower of cost or Net Realizable value Net…
Q: hè Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a…
A: Solution 1: Impact on net income on discontinuing racing bike Particulars Current Total…
Q: Chart of Accounts On March 1, 2022, Mr. Martinez started his Photography business. The following are…
A: Journal entry is the primary step to record the transaction in the books of accounts. The journal…
Q: On January 1, 2021, PingPing Corp. acquired all the assets and liabilities of Willy Corp. by issuing…
A:
Q: The following information was taken from the balance sheet of Aglugub P 13 250 Accounts Payable P 25…
A: The working capital is calculated as difference between current assets and current liabilities.
Q: What impact may the change of accounting standards have on the accounting profession and annual…
A: Accounting standards are those standards that are followed by all the companies to prepare…
Q: A motorcycle can be purchased for $8700 or leased for a down payment of $600 and $280 per month.…
A: Solution:- Given, A motorcycle can be purchased = $87,700 or, Leased for a down payment = $600 and…
Q: Direct Labor Budget for Service The School of Accounting (SOA) at State University is planning its…
A: GIVEN Direct Labor Budget for Service The School of Accounting (SOA) at State University is…
Q: The following attributes are correct in respect of accounting equation except one of them: O a.…
A: Accounting equation is simply the basic of double entry book keeping of accounting. It shows the the…
Q: Perdue Company purchased equipment on April 1 for $39,600. The equipment was expected to have a…
A:
Q: 3. Question Content Area Cash Budget Khloe Company imports gift items from overseas and sells…
A: Budgeting - Budgeting is the process of estimating future operations based on past performance. %…
Q: Pete Corporation and Sol Company agreed to combine their businesses, with Pete Corporation as the…
A:
Q: The tollowing is the pertinant information regarding the financial structure for the Hops Along Brew…
A: Here asked for multi sub part question we will solve first three sub part question for you. If you…
Q: Topper Toys has developed a new toy called the Brainbuster. The company has a standard cost system…
A: Lets understand the basics. Material price variance is a variance between the standard price at…
Q: Dunne Limited manufactures a standard model of garden gate. The selling price of a gate is €150.…
A: Break even point shows the number of units which are required to sold so that the fixed cost gets…
Q: 00% of the equity share capital of RRR Corp. was acquired by QQQ Corp. on June 30, 2021. QQQ Corp.…
A: As per the provision of PFRS 3 in business combination for all accounting purpose Aquisition method…
Q: On January 1, 2017, the Gray Corporation is delinquent on a P300,000 note to the National Bank on…
A: The notes payable are the liabilities to be paid beyond 120 months and these are recognized as…
Q: Given: Below are some data of the Income Statement accounts of Wishing Well Company for the year…
A: Solution: Net purchases = 611,340 Merchandise available for sale = 798,400 Merchandise available for…
Q: Account title in General Ledger of this transaction? -
A: In accounting, account title refers to a unique name given to a particular account for its…
Q: JT Engineering’s current asset information for all four quarters of 2020 is shown below. JT…
A: Current ratio is a metric used to evaluate the liquidity of a business. This is the ratio of current…
Q: What is the appropriate name of the error which was made under the following circumstances: A…
A: There are different types of errors that occurs 1. Error of Original Entry In this, the original…
Q: On January 2, 2030, Esko Corp. acquired all the net assets of Tolits Inc. Esko Corp. paid P6,000,000…
A:
Q: Name the error which was made under the following circumstances: during the accounting period the…
A: There are various errors in the journal book or T-accounts which may or may not effect the total of…
Q: Bowie Sporting Goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based…
A: 1 Standard data is calculated by considering budgeted data and using actual data. 2 Variance…
Q: Name the error which was made under the following circumstances: The purchase of the machinery on…
A: When machinery is purchased on credit . Machinery account is debited. It's wrongly debited to…
Q: 5.) True or False The correct formula is. Clean Price- Accrued Interest = Dirty Price True False
A: Since you have posted question two questions, we will do the first one for you. Please re-post the…
Q: Stephanie's Cafes, Inc., has declared a dividend of $1.53 per share for shareholders of record…
A: Solution: Dividend per share declared = $1.53 Nos of outstanding shares = 250000
Q: Matchroom's investment appraisal committee have worked out the Net Cash flows in the working shown…
A: The discount rate required to make a project's net present value (NPV) zero is called the Internal…
Q: A. Bina Ria Sdn Bhd (BRSB) is a local resident company incorporated in 2011 for the manufacture of…
A: An expenditure incurred as a cost of construction or the purchase price of the building and the…
Q: half yearly payments of £74,000 in advance -Note the Interest rate inherent in the lease is 3%…
A: Lease Accounting Financial lease Accounting, recording transaction in the books of leasee
Q: Leody Company purchased a machine on December 1, 2020 at an invoice price of P4,500,000 with terms…
A: Accumulated depreciation is the total amount of depreciation which is charged on the machine.…
Q: Receipts from contracts are credited to unearned service contract revenue.
A: Fajardo Company First Year Contract : 200,000 ( 500,000*40% ) Second Year…
Q: Department A had 4,100 units in Work in Process that were 69% completed at the beginning of the…
A: Solution... Units completed and transferred out = Beginning inventory + units started in -…
Q: On July 1, 20X1, ABC Corp received a P450,000 10% 3-year note from a customer. The principal and…
A: Interest Receivable at Dec 31, 20X1 = Face value of the note x Rate of Interest x No. of months…
Q: Question 1 What is the accounting treatment of the direct issue costs of shares of stocks? O Debit…
A: Ques 1 Direct issuance cost of shares of stock should be recorded as expense in the income…
Q: Ping Company provided the following information with respect to its building: The building was…
A: Depreciation Expenses - Depreciation Expenses are the expense incurred on the wear and tear of the…
Q: The following source document is used to support the transactions related to returns outwards to…
A: Return outwards to creditors means purchase returns.
Q: Rainbow Corporation, an S corporation, uses the calendar year as its tax year. Bentley, Abby, and…
A: S corporation refers to a type of corporation set-up where the income of the corporation is not…
Q: Interperiod Measurement of Productivity, Profit-Linked Measurement Helena Company needs to increase…
A: The profit-linked productivity measure can be defined as the measure of change or effect on the…
Q: Timothy Donaghy has developed a unique formula for growing hair. His proprietary lotion, used…
A: The variable costs are the costs which remains constant for per unit cost but in total changes with…
Step by step
Solved in 3 steps
- Appendix A Future value of $1, FV, Period 1 2 4 7 8 13 14 D 16 CNN AN ENTRAMAMAMARIN SRANAMANIANRAINAMAMAMANI BENDR MAMA ARATA NINAMAMAMÄNIR İHİBİNİNANSAINANSMAMAN ****** ERMENEMANIN ****** 18 BIRININTEN **** KÜCKMEKAIN ****** RAMAMAMANTE 3*3*3*3 30 40 50 ****** SMART S N Na 2005 1303344 31 1350350 IN 1.010 1.020 1.030 1.041 1.051 1.062 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.173 1.184 1.196 1.208 1.220 1.282 1.348 1.489 1.645 1.020 1.040 1.061 1.082 1.104 1.149 1.172 1.195 1,219 1.243 1.268 1.294 1.319 FV = PV(1 +/)" 1.346 1.373 1.400 1.457 1.486 1.641 1.811 2.208 2.692 1.030 1.061 1.093 1.126 1.230 1.267 1.305 1.384 1.426 1.469 1.513 1.558 1.605 1.653 1.702 1.754 1.806 2.094 3.262 4.384 1.040 1.082 1.125 1.170 1.217 1.369 1.423 1.480 1.601 1.665 1.801 1.873 1.948 2.026 2.107 2.191 3.243 4.801 1.050 1.103 1.158 1.340 1.407 1.477 1.710 1.796 1.886 1.980 2.079 2.183 2.292 2.527 2.653 3.386 4.322 7.040 11.467 Percent 1.060 1.124 1.262 1.338 1.419 1.504 1.594 1.689 1.791 1.898…-50 -100 100 Chart Title 50 50 0 25 50 100 125 150 175 ⚫Own Assest Own Put Protective PutakeAssignmentMain.do?invoker%3D&takeAssignmentSessionLocator=&inprogress%3false hapter 11 Lab Application 全 回 Sign ia еBook You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period? (Click here to see present value and future value tables) Amounts of Value at the End Investment Rate Times of the Period $7,000 20% 16 years 612,094.91X $11,000 15% 9 years 184,644.26X $15,000 12% 5 years 95,292.71 X $36,000 10% 2 years 75,600.00 Feedback > Check My Work For each scenario, use the rate and time components to use the applicable time value of money table to determine the needed factor. Multiply the investment amount by the future value factor to determine the value of end of the period. 6:38 PM G O 4) ENG 13 68°F Sunny 10/26/2021 O P Type here to search hp %24 %24 %24
- What is the monthly net take home pay? * A. P25,000 B. P24,486.67 C. P23,385 D. P22,871.67How do you calculate cumulative wages? 1st QTR 2nd QTR 2,950.00 5,284.00 5,498.00 3,765.00 9,489.00 6,995.00 7,150.00 2,225.00 9,700.00 4,160.00 0.00 6,330.00 34,787.00 28,759.00The tree diagram in figure below describes the uncertain cash flows for an engineering project. The analysis period is two years, and MARR = 15% per year. Based on this information, a. What are the E(PW), V(PW), and SD(PW) of the project? b. What is the probability that PW ≥ 0? Click the icon to view the tree diagram. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 15% per year. a. Calculate the E(PW), V(PW), and SD(PW) of the project. (Round to the nearest dollar.) E(PW) = $ V(PW) = SD(PW) = $ million ($)2 (Round to two decimal places.) b. The probability that PW 20 is (Round to the nearest dollar.) (Round to two decimal places.)
- Courses Mastering Chernie X 2MateryCheme X loud/modules/unproctoredTest.QuestionSheet McCraith-Sectic x Updte Help Caroline Achienge S01243611acadceduLogout all 2021 I Chapter 1 Consumer Finance / Section 1.5 Digital Exercises Gradebook. Extemat kercises Remaining Time Unimted Suppose you are paid $3,000 per month and your employer's 401(k) matches your contributions by 10% up to a maximum of 15% of your pay. Assuming you max-out your retirement savings and you work for 25 years, how much will the 401(k) be worth when you retire (if you can get an APR of 8% during your work years)? If you are taxed at a rate of 27%, then how much will you have when you retire? Round all answers to 2 decimal places. Before taxes retirement amount $ Number After taxes retirement amount $ Number Submit Assignment Quit & Save Васк Question Menu 4 Next 38°F Partly sunny A 0) 411 PM 11/19/202 end home delete prt sc 144 4+ 4- 40 num lock backspace & 8. 6. 7. home |近Topic: Annuities Due (payments at the beginning of the month) Formulas: Future value- F=C [(1+i)^n -1/i] (1+i) Present value- P=C [1-(1+i)^-n/i] (1+i) P.S, Please show Manual Solving thanks!14–11. From this partial advertisement calculate: a. Amount financed. b. Finance charge c. Deferred payment price. d. APR by Table 14.1. e. Monthly payment (by formula)
- Question AR and Chave partenhp caplcot bcs 00 S00 and Stas 0, ly the income sharng A sR n ws. Add wi e parrh nd apeed that part pays S9500 A perh t The flnces t's and Cs Captal cc aer As wal wodd be OARSEND00C 0 OaR SS00, C 00INSTEATRINDANN~~~~~≈¦¦¦¦¦¦¦++744 1 2 3 5 6 8 9 10 11 12 13 14 15 16 18 19 20 21 17 Year Payment Amount 22 23 24 25 26 27 28 29 30 31 32 33 14 36 34 15 37 35 16 38 39 40 A 41 42 ~~~~~~ ON OG FW NOONGAWNIO 43 12 45 18 19 20 22 23 24 B 25 Nominal Rate r(m) Compounding m Effective Ann. Rate i Option A (lump sum) amount Option B (annual) amount Number of years Annuity imm. (1) or due (0) $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $1,125,000.00 $0.00 C PV factor D 3.000% 2 3.02% i= (1 + i(m)/m)^m-1 $15,000,000.00 $1,125,000.00 25 0 E 1.00000 $1,125,000.00 0.97066 $1,091,994.47 0.94218 $1,059,957.26 0.91454 $1,028,859.97 0.88771 $998,675.01 0.86167 $969,375.64 0.83639 $940,935.85 0.81185 $913,330.44…Come * CengageNOowv2 | Online teach x Update akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator%3&inprogress%-false Amortize Premium by Interest Method Shunda Corporation wholesales parts to appliance manufacturers. On January 1, Shunda issued $30,000,000 of five-year, 10% bonds at a market (effective) interest rate of 8%, receiving cash of $32,433,150. Interest is payable semiannually. Shunda's fiscal year begins on January 1. The company uses the Interest method. a. Journalize the entries to record the following: 1. Sale of the bonds. Round to the nearest dollar. If an armount box does not require an entry, leave it blank. the nearest dollar. If an amount box does not require an entry, leave it blank. 2. First semiannual interest payment, including amortization of premium. Round 3. Second semiannual interest payment, including amortization of premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. b. Determine the bond…