I need this question completed in 10 minutes with full handwritten working out A$1000 loan is being repaid in annual Installments of $100 at the end of every year.Assume 17%.a) If the last payment will be smaller than the normal payments, calculate the time and amountof the final payment. (b)If the last payment will be slightly larger than the normal payments (but smaller than twosuch payments), calculate the time and amount of the final payment. C

A loan refers to a contract between two parties where money is forwarded in exchange for a promise…

Answered: A $1000 loan is being repaid in annual…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Department 4 has completed production on units that have a total cost of $15,000. The units are ready for sale. Give the journal entry.
to create a model for a production cost report using the weighted average method for the month of May. Following good Excel design techniques, you should have an input area in which you put the department information for the month, and an output area that calculates the production cost report. As always, you should have only formulas or references in your output area. You should also include directions (in a text box) for users. After completion of the production cost report using the weighted average method, create a new worksheet and label the tab “FIFO”. Create a production cost report using the same information using the FIFO method. Spartans Bakery has two department: mixing and baking. All products start in the Mixing Department, where materials are added and conversion costs (labor, overhead) are incurred. Once the product is “finished” with regards to the Mixing, it moves to the Baking Department where additional conversion costs are incurred before moving to Finished…
Lead Time Sound Tek Inc. manufactures electronic stereo equipment. The manufacturing process includes printed circuit (PC) board assembly, final assembly, testing, and shipping. In the PC board assembly operation, a number of individuals are responsible for assembling electronic components into printed circuit boards. Each operator is responsible for soldering components according to a given set of instructions. Operators work on batches of 50 printed circuit boards. Each board requires 4 minutes of board assembly time. After each batch is completed, the operator moves the assembled boards to the final assembly area. This move takes 11 minutes to complete. The final assembly for each stereo unit requires 18 minutes and is also done in batches of 50 units. A batch of 50 stereos is moved into the test building, which is across the street. The move takes 20 minutes. Before conducting the test, the test equipment must be set up for the particular stereo model. The test setup requires 30…
During April, 30,000 units were transferred in from Department A at a cost of Rs. 69,000. Materials cost of Rs. 15,000 and conversion cost of Rs. 12,780 were added in Department B. on April 30, Department B had 8,000 units of work in process 80% complete as to conversion cost. Materials are added in the beginning of process in Department B. The cost of work in process at April 30, would be:
The charity drive was held over two days. On the first day, the 20 artists worked for 6 hours. On the second day, 25 artists turned up and worked for 12 hours. Find the total number of art installations completed over the two days.
Use this information about Department E to answer the question that follows. Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. There were 14,000 units of direct materials added during the period at a cost of $28,700. There were 15,000 units completed during the period, and 3,000 units were 75% completed at the end of the period. All materials are added at the beginning of the process, and the average cost method is used to cost inventories. Direct labor was $32,450, and factory overhead was $18,710. The number of equivalent units of production for the period is a.17,250 b.15,650 c.18,000 d.14,850
please solve within 30 minutes.
The manager of the Personnel Department at City Enterprises has been reading about time-driven ABC and wants to apply it to her department. She has identified four basic activities her employees spend most of the their time on: Interviewing, Hiring, Assessment, and Separation Processing. The department employs 8 staff who perform these activities. The manager provides the following estimates for the amount of time it takes to complete each of these activities: Interviewing: 95 minutes. • Hiring: 85 minutes. • Assessment: 125 minutes. • Separation Processing: 115 minutes. Employees in Personnel work 34-hour weeks with four weeks for vacation. Of the 34 hours, five are reserved for administrative tasks, training, and so on. The costs of the Personnel Department, including any allocated costs from other staff functions, are $1,503,360. During the year, Personnel conducted 1,250 Interviews, made 400 hires, made 4,000 assessments, and had 350 separations. The manager of the Personnel…
i need the answer quickly
Lead Time iSounds Inc. manufactures electronic stereo equipment. The manufacturing process includes printed circuit (PC) board assembly, final assembly, testing, and shipping. In the PC board assembly operation, a number of individuals are responsible for assembling electronic components into printed circuit boards. Each operator is responsible for soldering components according to a given set of instructions. Operators work on batches of 20 printed circuit boards. Each board requires 5 minutes of board assembly time. After each batch is completed, the operator moves the assembled boards to the final assembly area. This move takes 10 minutes to complete. The final assembly for each stereo unit requires 16 minutes and is also done in batches of 20 units. A batch of 20 stereos is moved into the test building, which is across the street. The move takes 20 minutes. Before conducting the test, the test equipment must be set up for the particular stereo model. The test setup requires 25…
If a company began the month with 50 units in process, started another 600 units during the month, and ended the month with 75 units in process, how many units were completed?
Klassen Toy Company, Inc., assembles two parts (parts 1 and 2): Part 1 is first processed at workstation A for 10 minutes per unit and then processed at workstation B for 15 minutes per unit. Part 2 is simultaneously processed at workstation C for 12 minutes per unit. Work stations B and C feed the parts to an assembler at workstation D, where the two parts are assembled. The time at workstation D is 20 minutes. a) The bottleneck of this process is workstation D at 20 minutes per unit (enter your response as a whole number). b) The hourly capacity of the process is units (enter your response as a whole number).

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