The interest on a $12,000, 8%, 90-day note receivable is: a) $240 b) $160 c) $720 d) $180
Q: What is the total fixed cost when nothing is produced?
A: Explanation of Fixed Costs: Fixed costs are business expenses that remain constant regardless of…
Q: ?? Financial accounting
A: To calculate the standard rate per direct labor hour, we need to add the base labor rate, the cost…
Q: help me to solve this questions
A: Step 1: Definition of Overhead CostsManufacturing Overhead Costs include indirect costs incurred…
Q: General accounting
A: Step 1: Definition of Straight-Line DepreciationThe straight-line depreciation method allocates the…
Q: How much was the company's ending inventory of this financial accounting question?
A: Step 1: Definition of Ending InventoryEnding Inventory refers to the total value of goods that…
Q: ???
A: Step 1: Definition of Time's Interest Earned RatioThe Time's Interest Earned (TIE) Ratio measures a…
Q: If the current market price for selling a product at Andrew Materials is $15.50 per unit, and the…
A: Approach to solving the question:freeform Detailed explanation: To determine the target cost, we…
Q: Vihat Tech is considering a project that will produce incremental annual sales of $250,000 and…
A: To calculate the Operating Cash Flow (OCF) using the Top-Down Approach, we use the formula: OCF…
Q: Financial accounting question
A: Period costs are:Sales Salaries: $62,000Marketing Expenses: $175,000Research and Development…
Q: Answer this Financial Accounting Problem
A: Concept of Market Value of a FirmThe market value of a firm represents the total worth of a…
Q: correct answer please
A: (a) The rate earned on stockholders' equity is calculated as follows:Rate earned on stockholders'…
Q: 6 marks
A: To calculate the operating cash flow (OCF) using the top-down approach, we follow this…
Q: general accounting final
A: Step 1: Definition of InventoryInvestors can study the inventory valuation method of a firm by…
Q: During 2017, Vaughn Manufacturing had sales on account of $828,000, cash sales of $465,000, and…
A: Concept of Sales on AccountSales on Account refer to revenue generated from selling goods or…
Q: What is atlas corporations net income for april?
A: Step 1: Define Net Income - Enhanced Definition Net income, also known as the "bottom line" or "net…
Q: What amount is reported for net income?
A: Explanation of Assets: Assets are economic resources owned by a company that have future economic…
Q: hello teacher please solve questions
A: Step 1: Definition of Sales ReturnsA Sales Return is a reduction in revenue when customers return…
Q: None
A: The question requires the determination of the increase in earnings per share. Earnings per share…
Q: expert of general accounting answer
A: Step 1: Definition of GainGain refers to an increase in the value of an asset or investment compared…
Q: At an output level of 19,500 units, you have calculated that the degree of operating leverage is…
A: Concept of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL) measures how a…
Q: expert of general accounting answer
A: Step 1: Definition of Goodwill AccountingGoodwill is an intangible asset recorded when a company…
Q: none
A: To determine the price-earnings (P/E) ratio, we start by calculating the net income using the given…
Q: Financial accounting question
A: Step 1: Define MarginMargin, also known as profit margin, measures a company's profitability by…
Q: Accounting question
A: Step 1: Understand the FormulaThe Capital Asset Pricing Model (CAPM) formula is:Cost of Equity =…
Q: Need correct answer general Accounting
A: Step 1: Define Ending InventoryEnding Inventory represents the value of unsold goods at the end of…
Q: Give me correct answer this financial accounting question
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a financial ratio that…
Q: provide correct answer me?
A: Step 1: Definition of Owners' EquityOwners' equity represents the residual interest in the company's…
Q: Do fast answer of this accounting questions
A: We will use the DuPont identity formula.ROE = Profit Margin × Total Asset Turnover × Equity…
Q: ??
A: Concept of Cost of EquipmentThe Cost of Equipment refers to the total expenditure incurred to…
Q: Compute the company's degree of operating leverage for this financial accounting question
A: Step 1: Define Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL) is a…
Q: need help this questions
A: Current Earnings Per Share (EPS)EPS= Net Income/Shares OutstandingEPS= 9,750,000/5,500,000=1.7727P/E…
Q: Need help with this question solution general accounting
A: Find the Equity Multiplier: This shows how much of the bank's assets are financed by equity. It's…
Q: General accounting question
A: a) Total Asset TurnoverThe relationship between ROA, profit margin, and total asset turnover is:ROA…
Q: MCQ
A: Concept of Leasehold ImprovementsLeasehold improvements refer to modifications or enhancements made…
Q: can you please this
A: Step 1: Definition of Accounting EquationThe accounting equation is the cornerstone of double-entry…
Q: Quick answer of this accounting questions
A: Calculate Net IncomeWe'll start with EBIT (Earnings Before Interest and Taxes) and work our way down…
Q: None
A: Step 1:Assets turnover ratio indicates that how efficiently a company is using its assets in…
Q: Please give me true answer this financial accounting question
A: Step 1: Definition of Cash Collections from CustomersThe cash collected from customers represents…
Q: What is the net income after adjustment?
A: Explanation of Net Income:Net income is the amount of profit a company earns after deducting all…
Q: hi expert please help me
A: The cash conversion cycle (CCC) measures how long a company takes to convert its investments in…
Q: Quick answer of this general accounting question
A: Step 1:First, calculate the total assets and total liabilities at the end of the period: Total…
Q: abc general accounting
A: Step 1: Definition of Predetermined Overhead RateThe Predetermined Overhead Rate is used to allocate…
Q: DP may has a net income of
A: Book Value per Share = (Total Assets - Total Liabilities) / Shares Outstanding= ($442,000 -…
Q: general accounting final
A: Step 1: Definition of Price-Earnings RatioIn the domain of Finance, there are various financial…
Q: Financial Accounting
A: Step 1: Definition of Overhead AppliedOverhead Applied refers to the amount of estimated overhead…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Taxable IncomeTaxable income is the portion of a company's total income that…
Q: Provide correct answer general Accounting
A: Step 1: Define Net Pay and Spendable IncomeNet Pay is the amount of money an employee receives after…
Q: Determine the equivalent units of production
A: Explanation of Work in Process (WIP) Inventory: This represents the partially completed units in the…
Q: Net income?
A: Net Income is the total profit of a company after deducting all expenses, including the cost of…
Q: What is the budgeted cost of goods sold for October?
A: Step 1: Definition of Cost of Goods Sold (COGS)The Cost of Goods Sold (COGS) represents the total…
Need correct answer general Accounting
Step by step
Solved in 2 steps
- Assuming a 360-day year, when a $11,200, 90-day, 5% interest-bearing note payable matures, the total payment will be Oa. $560 Ob. $140 Oc. $11,760 Od. $11,340 0 0 0 0Assuming a 360-day year, when a $11,392, 90-day, 10% interest-bearing note payable matures, total payment will be a. $11,677 Ob. $12,531 Oc. $1,139 Od. $285 That's Built PlueAThe interest on a $27000, 15%, 1-year note receivable is $31050. $228. $270. $4050.
- A non-interest bearing promissory note has a face value of $950. Find the proceeds of this note if it is discounted 3½ years before its maturity date at 8% compounded quarterly. Select one: a. $719.98 b. $771.65 c. $657.22 d. $725.67Give correct calculationTrue (t) or False (f) _____ A $15,000, 8%, 9-month note payable requires an interest payment of $900 at maturity
- Assuming a 360-day year, the interest charged by the bank, at the rate of 6%, on a 90-day, discounted note payable of $100,000 is O $3,000 A Ob. $6,000 Oc. $1,500 Od $500The interest on a 6%, 60-day note for $5,000 is $300. O True O FalseCompute interest and find the maturity date for the following notes. (a) date of note: June 10 Principal: $80,000 Interest Rate: 6% Term: 60 days (b) Date of Note: July 14 Principal: $50,000 Interest Rate: 7% Term: 90 days (c) Date of Note: April 27 Principal:$12,000 Interest Rate: 8% Term: 75 days
