You have amortization schedule to pay back $1,000,000 with 3% for 48-payments (your first payment is one period from today.) From the 1st to 47th payments, what is your principal amount?

Q: 26 The process of measuring, monitoring, and minimizing prevention, appraisal, internal failure, and…

A: Prevention cost is amount of expense incurred to reduce defects in products and services.

Q: The answer is somewhat close. The correct answer is 6.8810.

A: Given: Value of call = $1.44 Strike price = $25.60 Value of shares = $20 Interest rate = 2.5%…

Q: please explain 120/360

A: Solution: Interest amount is computed using formula = Principal * Interest rate * time Where time is…

Q: How do I compute for the Started,completed, and transferred-out in Weighted Average EUP?

A: Started units are units at total number of units at the start of the process. Completed and…

Q: 6600 is not the answer

A: Child Tax Credit is $3,600 for children aged 6 and Under at end of 2021 Child Tax Credit is $3,000…

Q: 321,818 is incorrect. What is the correct answer?

A: Revenue: We consider unit sales and price per unit to determine total revenue.Variable Costs: Based…

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A: The International Accounting Standards Board represents the board that is responsible for setting…

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A: Accounting standards are the major source of generally accepted accounting principles (GAAP) and are…

Q: groupthink

A: Organization - Management's foundation is organization because, without effective organization, no…

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A: It indicates the value of domestic currency in terms of foreign currency. Under indirect quotation,…

Q: E11.5

A: Face value of bonds outstanding on December 31, 2020 = Total Beginning Balance of Bonds Payable -…

Q: E14.4

A: Introduction: Statement of cash flows: All cash in and out transactions are recorded in statement of…

Q: Explanation 1031 like-kind exchange

A:

Q: 605.53 is not the correct answer, please double check

A: Traditional Model & Expected Cash Flow Model: Traditional Approach - In the traditional…

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A: Equivalent production refers to total number of units that are fully completed during the period and…

Q: The answer is somewhat close. The right answer is 1.5337 Please clarify

A: Stock price is $50 Strike price is $52 Risk free rate is 1% Time period is 3 months To Find: Value…

Q: E14.3 (b)

A: The cash flow statement is helpful for the stakeholders as they can identify the organization's…

Q: practical issues of wacc

A: Every entity uses a mix of equity and debt to fund its operations. This mix is recognized as the…

Q: Explain two similarities and three differences between IFRS and US GAAP with respect to accounting…

A: Companies in the United States operate under the generally accepted accounting principles (GAAP),…

Q: A type of bar chart used to display the data from a frequency distribution is called a histogram

A: Given statement  A type of bar chart used to display the data from a frequency distribution is…

Q: An example of an appraisal cost would be: O Scrap O Process or product design O Product recalls O…

A: Cost of Good Quality is incurred in order to reduce the Cost of Poor Quality, so that overall Cost…

Q: Spot market Futures market Over the counter market Forwards markets

A: Commodity market are very important for determining the prices of commodities.

Q: Define R&D according to U.S. GAAP.

A:

Q: 1. Audit evidence and reliability 2. Indicative going concern factors

A: Audit evidence is the information collected and used to support audit findings. It provides a…

Q: 582068

A: Accumulation of total output Vat  shall consist of VAT on Sales made and excess tax paid on purchase…

Q: 1,525,394 is the wrong answer. what is the correct one?

A: The recovery of net working capital (NWC) refers to the return of funds initially tied to current…

Q: Explain the IAS-10 (Events after reporting period).

A: IAS-10 "Events after the reporting period" prescribes :-  (i) when an entity should adjust its…

Q: impact the price of MYR?

A: MYR: MYR refers to the Malaysian Ringgit. It is the currency used in Malaysia. The value of 1 MYR is…

Q: Prior (Past) service cost is expensed immediately using which of the following? a. U.S. GAAP. b.…

A: Prior or past service cost refers to the changes in the PV of defined benefit obligations due to the…

Q: Which of the following is not a special-purpose journal? A. SJ В. GI C. CRJ D. CDJ

A: Special Purpose Journals:- Transactions that are of similar nature get summarized so that it can be…

Q: What are the origins of the Sharpe measure?

A: Shape Measure: In a dataset, measures of shape explain the distribution (or pattern) of the data in…

Q: E11.4

A: Bonds payable: It is a long term liability to the organization issuing it. It is issued to raise…

Q: What is FASB ASC Topic 842 about?

A: FASB ASC is the authoritative source of U.S. Generally Accepted Accounting Principles (GAAP)…

Q: Calculate the reciprocal latice for a1 *, a2 * and az * ā, - 48 ā, - 4ŷ and ā, = 32

A: The reciprocal lattice is defined as the set of all vectors that are wavevectors of plane waves in…

Q: Define R&D according to U.S. GAAP.Define R&D according to U.S. GAAP.

A: Property, Plant, and Equipment: Property, Plant, and Equipment refers to the fixed assets, having a…

Q: Diego Company

A: Variable costing is the method in which all variable costs will be allocated to the units of the…

Q: it say 43,636.36 is incorrect

A: Here,Annual Incremental Cahs Inflows is $16,500Time Period is 3 yearsInterest Rate is 10%Note: As…

Q: 11-14

A: Weighted Average Cost of Capital(WACC) shows approximate cost for company to finance their existing…

Q: Determine the range of the following set of values. 48 42 55 28 112 79 95 27 36 14 96 193 191

A: The range is basically the measure of dispersion. It is the  dispersion which is equal to the…

Completing the Accounting cycle

An accounting cycle is a multiple-step process that analyzes, verify, record and summarize the entities financial data. The accounting cycle starts when the transaction occurs between two parties and ends when the transaction is completed. The accounting cycle changes the entity's financial position as it involves identifying, verifying, and recording the financial transaction in chronological order. Financial position is the summary of business transactions that occurred throughout the particular accounting period. The accounting cycle recurs at the beginning of each financial year.