Calculate the amount the insurance company will pay: $ Value of Property Amount of Insurance Policy Actual Fire Loss Amount Insurance Company will pay 70,000 $ 40,000 80% Co-Ins $ 11,200 90,000 $ 50,000 80% Co-Ins $ 36,000
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: Weighted Average Inventory Costing Method with ExamplesThe weighted average method assumes all units…
Q: The St. Louis to Seattle Railroad is considering acquiring equipment at a cost of $148,000. The…
A: The objective of the question is to calculate the average rate of return, the cash payback period,…
Q: Tanya Turek has the following income and deductions: Gross Salary from Employment $35,000 Employment…
A: To calculate Tanya's net income, we need to combine her various income sources and deductions.…
Q: 25 please
A:
Q: None
A: 25. Stock Valuation using Dividend Discount Model (DDM)The dividend discount model (DDM) is a…
Q: Give me step by step solution and explanation
A: Step 1: Ending inventory (FIFO) Since this is a FIFO (First in, First out) method, the first ones…
Q: None
A: Please refer to the above solution and explanation. Thank you!
Q: am.103..
A: The objective of this question is to calculate the net present value (NPV) of the machine. The NPV…
Q: The St. Louis to Seattle Railroad is considering acquiring equipment at a cost of $148,000. The…
A: The objective of the question is to calculate the average rate of return, the cash payback period,…
Q: A7
A: The net operating income for each year can be represented as follows:Year 1: $481,000Year 2:…
Q: Oroblanco Company has prepared consolidated financial statements for the current year and is now…
A: Step 1: Calculate the Total Revenue for Each SegmentCombine both sales to outside parties and…
Q: Jaez Corporation is in the process of going through a reorganization. As of December 31, 2024, the…
A: Jaez CorporationBalance SheetAs of December 31, 2024AssetsCash…
Q: Last year Minden Company introduced a new product and sold 15,000 units at a price of $74 per unit.…
A: To solve this problem, we need to calculate the net operating income (loss), break-even points, and…
Q: < Perpetual inventory using FIFO Beginning inventory, purchases, and sales data for DVD players are…
A: Step 1: Calculation of the cost of goods sold and ending inventory using the FIFO method. First-in,…
Q: Assume your goal in life is to retire with one million dollars. How much would you need to save at…
A: The objective of this question is to calculate the annual savings required to accumulate one million…
Q: Sunland Inc. has negotiated the purchase of a new piece of automatic equipment at a price of $10,080…
A: Step 1: Determine the Total Cost of the New EquipmentThe cost of the new equipment as per the…
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: Share acquired (10 x 10) 100Market price 35Amount realized$3,500Less: Basis (100 x…
Q: Clark Co. and Keys Inc. exchange equipment. Information related to this exchange follows. Equipment…
A: Step 1: Determine the book value of the equipment for both companies:Clark Co.: Book value =…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: Transactions:2/2Cash (1.5 M shares @ $35)52,500,000 Common Stock (1.5 M shares @ $5 par) 7,500,000…
Q:
A: Part 2: Explanation:1. Value of the Company:Step 1: Calculate the terminal value (Vt) using the…
Q: Kerry is a full-time exempt employee in Bismarck, North Dakota. He earns an annual salary of $39,600…
A: Explanation:Step 1: Calculate Federal Income Tax WithholdingTo determine Kerry's federal income tax…
Q: Please help me answer these
A: 1. Statement of Liquidation ExplainedThe statement of liquidation tracks the flow of cash during the…
Q: Meman
A: The direct method of cash flow reporting requires adjusting the net income to arrive at the net cash…
Q: ABC Inc., a calendar year retailer that sold ice skates, had the following amounts at December 31,…
A: Step 1:Lets first calculate the gap between net income and Actual income Actual income = Net…
Q: Vinubhai
A: 1. For each asset, determine the depreciable basis:Machinery: $70,000Computer equipment:…
Q: Manji
A: Let's examine the computations for each of the two components in further detail: a. Maximum §179…
Q: A family friend has asked your help in analyzing the operations of three anonymous companies…
A: Step 1: This question is related to Formulas of Return on investment, Minimum required return, and…
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: Part 2: Explanation:Step 1: Determine Matthew's maximum contribution to his 401(k) account:Matthew's…
Q: Give me step by step solution and explanation
A: Step 1:Calculation of the total expected performance bonus value: Bonus amount paid on time =…
Q: Current Attempt in Progress × Your answer is incorrect. Sunland Company is evaluating the purchase…
A: Let irr be x%At irr,present value of inflows=present value of…
Q: Alpha Company used the periodic inventory system for the purchase & sales of merchandise. Discount…
A: Step 1: Define the discount period.The discount period refers to the period during which purchasers…
Q: Gordon Corporation adopts acceptable accounting for its defined benefit pension plan on January 1,…
A: Information Needed:Discount rate (assumed): This is typically close to the settlement rate but can…
Q: Hardev
A: Intro: Finding Timberline Corporation's maximum depreciation deduction for the year 2023 assuming no…
Q: Gadubhai
A: To compute Dow's earnings per share for the year ended December 31, 2024, we need to find the…
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: Standard Direct Labor HoursOverhead RatesAt 70% of Operating CapacityFavorable or…
Q: Determine the average rate of return for a project that is estimated to yield total income of…
A: Total Income = $346,680Residual Value = $102,700Total Return} = $346,680 + $102,700 = $449,380…
Q: am.1111.
A: Select option ( C). It has, highest present value
Q: Sagar
A: Step 1: Calculation of Interest expense.Interest expense = Principal amount * Interest rate *…
Q: The company pays for one-half of its purchases in the month of purchase and the remainder in the…
A: To prepare a schedule of estimated July cash payments for purchases, we need to follow the given…
Q: Vienna Corporation has 30,000 shares of $30 par common stock outstanding. On August 2, Vienna…
A: Explanation:August 2 - When the board of directors declares a stock dividend, it is a distribution…
Q: A1
A: Gross Estate:Personal assets: $1,020,000Cash and stock: $25,900,000Intangible assets (film rights):…
Q: Financial information related to Montana Interiors for October and November 20Y8 are as follows:…
A: Step 1: Balance sheetMontana InteriorsBalance SheetOctober 31, 20Y8AssetsCash 257800Accounts…
Q: please help
A: Detailed explanation:Depreciation is the decrease in the value of the asset due to constant use,…
Q: Tovar Toasters is considering an equipment investment that will cost $930,000. Projected net cash…
A: Determining the IRR of Tovar Toasters' Equipment InvestmentWe can find the IRR of the equipment…
Q: In order to create a separating equilibrium, low-risk drivers should be charged: Low deductible and…
A: In the realm of insurance economics, achieving a separating equilibrium is crucial for ensuring the…
Q: Please do not give solution in image format thanku
A: Step 1: Purchase Price variance = $1,540Actual direct materials price = $8.20 per poundStandard…
Q: A styrofoam block of volume 0.50 cubic meters is submerged in a lake and tied to the bottom of the…
A: Free body diagram:As the object is in equilibrium, the net force is…
Q: None
A: To address the situation portrayed, we want to figure out the effect of the obtaining of Vide Ltd by…
Q: Vishnu
A: Certainly! Let's delve deeper into the analysis of each metric and discuss the implications of the…
Q: Please do not give solution in image format thanku
A: Step 1 : Compute the selling price per unit.Selling price per unit = Sales / Units=$90,000 /…
Step by step
Solved in 2 steps
- Calculate the amount to be paid by the insurance company for the claim. Replacement Value of a building $360,000 Face Value of the Policy $300,000 Coinsurance clause 90 % Amount of Losee $145,000solve both a and b Acruni Co. had the following loans in place at the beginning of 2019. 1 January 2019 GHC m10% Bank loan repayable 2020 1209.5% Bank loan repayable 2021 808.9% debenture repayable 2024 100On 1 January 2019, Acruni Co began construction of a qualifying asset, a piece of machinery for a hydroelectric plant, using existing borrowings. Expenditure drawndown for the construction was GHc30 million on 1 January 2019, and GHc20million on 1 October 2019. Surplus funds were invested temporarily at a rate of 2%. Requireda) Calculate the borrowing costs that can be capitalized for the piece ofmachinery. b) Compute the cost of the machinery that will be reported in the statementof financial position as at December ,2019What is the cost of the new building on December 31, 2019? A. P9,000,000 B. P9,500,000 C. P9,200,000 D. P9,300,000 What is the cost of the new building on December 31, 2020? A. P10,000,000 B. P11,660,000 C. P11,700,000 D. P11,500,000
- Need typing answer A Ltd. purchased a building worth CU 9.900.000 and issued 12% Debentures of CU 100 each at a premium of 10%. What will be the amount of premium?($ in millions) debit (Credit) Beginning balance Service cost Interest cost Expected return on assets Gain/loss on assets Amortization of: Prior service cost Net gain/ loss Loss on PBO Contributions to fund Retiree benefits paid Ending balance Multiple Choice What was Herring's prior service cost at the beginning of the year? $92 million. $64 million. $78 million. Prior Net Plan Service (Gain) Pension PBO Assets Cost (580) $82 million. (33) (59) 59 (667) 335 (14) 78 Loss Expense Cash 82 (4) 33 102 86 (31) (80) Net Pension (Liability)/Asset (333)Acruni Co. had the following loans in place at the beginning of 2019. 1 January 2019 GHC m 10% Bank loan repayable 2020 9.5% Bank loan repayable 2021 8.9% debenture repayable 2024 120 80 100 On 1 January 2019, Acruni Co began construction of a qualifying asset, a piece of machinery for a hydroelectric plant, using existing borrowings. Expenditure drawn down for the construction was GHC30 million on 1 January 2019, and GHC20 million on 1 October 2019. Surplus funds were invested temporarily at a rate of 2%. Required a) Calculate the borrowing costs that can be capitalized for the piece of machinery. b) Compute the cost of the machinery that will be reported in the statement of financial position as at December, 2019 ATES)
- Return on Plan Assets?nku.3341,000 Fair value of plan assets, Jan. 1 Contributions to the retirement fund during the Benefits paid to retirees Actuarial loss 32,000 89,000 year 50,000 335,000 Fair value of plan assets, Dec. 31 How much is the return on plan assets during the year? a. 51,000 b. 81,000 с. 101,000 d. 1,000