7. A fund is established by depositing P30,000 every beginning of 3 months for 2 years. If money is worth 12% compounded quarterly, find the amount of the fund after the last deposit is made.

Q: calculate net income.

A: Net income is calculated by adding net sales ( Gross sales minus sales return and allowances) to…

Q: Required Provide the entry to record the original issuance of convertible debentures. b. Provide the…

A: Step 1 Journal is the part of book keeping.

Q: Hi - could you please send the CAPM model and explain what it is and when to use it please?  Thank…

A: Capital Asset Pricing Model (CAPM):It defines the relationship of an asset’s expected return with…

Q: Read the requirements quirement 1. Prepare a production cost report for the Mixing Department for…

A: Equivalent units of products concept came in to existence when some units are not fully completed at…

Q: The movements of a customer's credit account in a warehouse were: Balance registered on February 14:…

A: Interest- In accounting, interest is the cost of borrowing money, usually expressed as an annual…

Q: Required information The Foundational 15 (Algo) [LO12-1, LO12-2, LO12-3, LO12-5, LO12-6] [The…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: 0 E 12 13 14 16 18 Cost-Volume-Profit Wakky Company sells widgets for $60 each. The variable cost…

A: The relationship between cost, volume, and profit is studied using a cost accounting method known as…

Q: Please see the photos. The first one is the problem, the second one is the format it is suppose to…

A: The plan 1 provides the highest net income as under this plan the company not need to pay the fixed…

Q: The Jordan Morris Company issues 7%, 3-year bonds with a par value of $490,000 and semiannual…

A:

Q: > Compute the missing items in the following. Show your complete solutions at the back of this paper…

A: Solution..   Cost of sales = 20% of sales  Sales = cost of sales ÷ 20%  = $62,500 ÷ 20%  = $312,500…

Q: Required: 1. Prepare an income statement and statement of retained earnings for the year ended…

A: 1. Income statement Revenue earned $170,000 Less: Expenses   Income tax expense -6000…

Q: PROBLEM II Financial Ratios (Adapted from MAS Reviewer by Aljohn Lee) Lyn merchandising has…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: Trey Monson starts a merchandising business on December 1 and enters into the following three…

A: SOLUTION- WEIGHTED AVERAGE PERPETUAL -  THE AVERAGE COST WILL BE CALCULATED EVERY TIME THE AVERAGE…

Q: 2. SALE OF ACCOUNTS RECEIVABLE Present the journal entries specified below. Tamarisk Company sells…

A: Accounting Rules (1) Debit what comes in, Credit what goes out.(2) Debit all expenses and losses,…

Q: BTN 6-4 Each team member has the responsibility to become an expert on an inventory method. This…

A: Note: Since you have posted a question with multiple sub-parts, we will solve only the first 3…

Q: Given COGS you can immediately determine Gross Profits = Revenues - COGS, and you obtain: Assumption…

A: Answer  Formula SG&A / Total Revenue SG&A / Total Revenue SG&A / Total Revenue…

Q: Instructions Journalize the entries to record the summarized operations.

A: Cost of goods sold is the total direct cost that is consumed by a product at the time of producing.…

Q: A. Hired a world famous musician to [ Choose ] head up the Private lessons area. She is to start…

A: The incident will result in no transaction. As the musician will start next month no salary is being…

Q: Required: 1. If we assume that the total time available on the plastic injection molding machine is…

A: Particulars Ski Guard Golf Guard Fishing Guard Selling Price Per Unit $200 $300 $255 Variable…

Q: a) How many possible rate of returns b) If the reinvestment rate c 15%, find the composite rate of…

A:

Q: eBook A store has 5 years remaining on its lease in a mall. Rent is $2,000 per month, 60 payments…

A: Present value is a financial concept that represents the value of a future sum of money in terms of…

Q: ruct

A: Answer:1  a. Figure starting Accounts Receivable by adding the starting equilibrium trait in the…

Q: 5-a. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the…

A: The inventory comprises work in process, raw materials and finished goods inventory. The work in…

Q: Job Costs Using a Plantwide Overhead Rate Perrin Company designs industrial prototypes for outside…

A: The total cost of the product includes the cost of material, cost of labor and overhead cost.  The…

Q: Cuny, Inc. reported the following common size date for the year ended December 31, 2022: (Income…

A: Return on equity is a method used to evaluate the financial performance of the entity. It refers to…

Q: I have attached the file. Please help me with the solution.

A: The direct material cost per unit is $4.72 which is higher than flexible budget of $4.50.The actual…

Q: A company with EBIT of $5,000,000 is considering two financing alternatives. The first alternative…

A: "Hi, Thanks for the Question. Since you asked multiple sub parts question, as per authoring…

Q: 1. Prepare the journal entries that Branch-Rickie recorded during the three-year period for these…

A: You will find the journal entries in next stepJournal entries are the first record of any…

Q: Using Formulas to Find Missing Information GST Mr Men are not very good at keeping reliable records.…

A: “Since you have posted multiple questions, we will solve the first question for you. To get…

Q: The entry to close the Withdrawals account to Capital was omitted. This A. the Capital account to be…

A: The removal of the concluding item has no direct impact on net income since withdrawals are not…

Q: Madison Lawn & Snow Corporation provides lawn and snow maintenance in a midwestern city. The 2021…

A: 1. Income Statement - Income Statement is the statement that shows the income earned and expense…

Q: Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt…

A: Step 1 PV The present value or PV is the initial amount (the amount invested, the amount lent, the…

Q: Balances, 12/31/20 2021 Net Income Cash Dividends Addition to retained earnings Balances, 12/31/21…

A: Financial statement analysis:Financial statement analysis indicates the analysis of financial…

Q: Referencing Using Excel to Compute Interest and Maturity Date PROBLEM Compute interest and find the…

A: Here, Total no. of days in a year = 360 days To Find: Interest =? Maturity date =?

Q: Use the simplex method to solve the following LP model Minimize Z = 8X₁ + 6X2 Subject to: 2X1 + 4X2…

A: The objective of the question is to solve the given linear programming (LP) model using the simplex…

Q: a. How should the $4,500 spent last year be handled? b. What is the initial investment outlay for…

A:

Q: Bradenton Biking Company sells high performance road and mountain bikes. The following transactions…

A: As per Accounting Equation,Assets =Liabilities +Stockholders equity

Q: Place an "X" in the appropriate column above to classify each of the costs as a period cost of…

A: The costs may be classified as a product cost or a period cost. The product cost is directly or…

Q: Problem. The WHN Company is going to introduce one of the three new products: a widget, a hummer, or…

A: Decision tree helps in analyzing the outcomes of different projects. It helps in comparing the…

Q: Marigold Company Limited reported the following for 2023: sales revenue, $1.19 million; cost of…

A: Income statement shows company's income and expenses over a period of time.Revenues, Expenses, and…

Q: Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The…

A: Total units available = Expected units to be sold + Desired inventory, March 31 Total units to be…

Q: Wilson Industries is considering the acquisition of the Blanchard Company in a stock-for-stock…

A: Due to acquisition there are synergies due to which there is cost savings due to which there is…

Q: Simplifying the ABC System: TDABC Golding Bank provided the following data about its resources and…

A: Disclaimer: As per instruction of question we have to solve question 2      Activity-based costing…

Q: Show the solution in a handwritten format/way.

A: Working Note #1 Working Note #2   Working Note #3

Q: Required information [The following information applies to the questions displayed below.] The Shirt…

A: FIFO stands for first in first out.LIFO stands for Last in first out.The gross margin is calculated…

Q: Please put all of t

A:

Q: Instruction: FOR TASK 1-3 Use Yellow paper for your solution/answer on each of the task. A. Compute…

A: As per the requirement of Question it is given that company continue tomaintain the cost Ratio while…

Q: The Jordah Moris Company issues 8%, 3-year bonds with a par value of $440,000 and semiannual…

A:

Q: Required ROI 18% Project Omega NPV (Year 0) Project Omega Total NPV Which of the two projects would…

A: Net present value (NPV) of an alternative/project refers to the variance between the initial…

Q: Prepare a trial balance for Eldorado Corporation using the following Information. List accounts In…

A: Trial balance:  It is often defined as one of the company's financial statements that shows the…