Business, 05.03.2021 20:40 Franklyn3220
2 Aug. Invested $23,610 cash and equipment valued at $9,550 in the business.
7 Aug. Purchased supplies on account $2750, (Debit an asset account)
8 Aug. Paid warehouse rent of $1050 for the month
8 Aug. Completed a tax assignment and billed client $890 for services rendered
13 Aug. Received $8350 advance on a management consulting engagement.
17 Aug. Received cash of $10, 800 for services completed for Asia Co.
19 Aug. Paid insurance expense for one year, $100 per a week
21 Aug. Enlisted a secretary-receptionist at a salary of $200 per a day payable monthly from 1 Aug, Paid secretary-receptionist for the month.
30 Aug. A count of supplies indicated that $2250 of supplies had been used
30 Aug. Purchased a new cars for $18,350 with personal funds
(The Car will be used exclusively for business purposes.)
Answers: 2
Business, 21.06.2019 19:00
Minolta inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$850 300 $320 $340 $360
Answers: 3
Business, 22.06.2019 08:40
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
Business, 22.06.2019 11:20
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
2 Aug. Invested $23,610 cash and equipment valued at $9,550 in the business.
7 Aug. Purchased suppl...
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