Answers
Answer:
z = 0.96, standard deviations to the right of the mean 170 cm
Explanation:
z=
x = 176 cm is 0.96, standard deviations to the right of the mean 170 cm
Related Questions
Because there are a significant number of "green-conscious" consumers, it is a legitimate market segment for many companies that have heretofore relied on more traditional segmentation such as demographics or psychographics. a. Trueb. False
Scuba Diving. Marcy invented a new type of mask for scuba divers that was not subject to fogging. She agrees to allow Jenny to manufacture and sell the mask. She receives a sum of money for every mask that Jenny sells. Similarly, Marcy entered into an agreement with Frank to allow him to sell the masks, but only if he also purchased non-patented diving suits from Marcy. All parties proceeded to do very well with their sales. Which of the following describes the agreement between Marcy and Frank?1)It is a legal tying arrangement.2)It is a legal cross-licensing agreement.3)It is an illegal tying arrangement.4)It is an illegal cross-licensing agreement.5)It is both a legal tying and a legal cross-licensing agreement.
Pina Corporation traded a used truck (cost $25,200, accumulated depreciation $22,680) for a small computer with a fair value of $4,158. Pina also paid $630 in the transaction. Prepare the journal entry to record the exchange. (The exchange has commercial substance.)
AllCity, Inc., is financed 39 % with debt, 11 % with preferred stock, and 50 % with common stock. Its cost of debt is 6.1 %, its preferred stock pays an annual dividend of $ 2.53 and is priced at $ 33. It has an equity beta of 1.11. Assume the risk-free rate is 2.2 %, the market risk premium is 6.7 % and AllCity's tax rate is 35 %. What is its after-tax WACC?
(a) Prepare the amortization schedule (effective interest method) through October 1, 2007.
(b) Prepare the adjusting entry for December 31, 2007. Use the effective-interest method.
(c) Compute the interest expense to be reported in the income statement for the year ended December 31, 2007.
Answers
Answer:
a)
period interest interest discount amortized bond's
payment expense on BP discount carrying value
0 49,320.60 750,679.40
1 32,000 37,533.97 43,786.63 5,533.97 756,213.37
2 32,000 37,810.67 37,975.96 5,810.67 762,024.04
3 32,000 38,101.20 31,874.76 6,101.20 768,125.24
4 32,000 38,406.26 43,786.63 6,406.26 774,531.50
b)
December 31, 2017, accrued interest on bonds payable
Dr Interest expense 19,050.60
Cr Interest payable 16,000
Cr Discount on bonds payable 3,050.60
c)
total interest expense year 2007:
($37,533.97/2) + $37,810.67 + ($38,101.20/2) = $18,776.99 + $37,810.67 + $19,050.60 = $75,638.26
Explanation:
the market price of the bonds:
$800,000 / 1.05¹⁰ = $491,130.60
$32,000 x 8.1109 (PV annuity factor, 4%, 10 periods) = $259,548.80
market price = $750,679.40
discount on bonds payable $49,320.60
discount amortization first payment = (750,679.40 x 0.05) - 32,000 = 5,533.97
discount amortization second payment = (756,213.37 x 0.05) - 32,000 = 5,810.67
discount amortization third payment = (762,024.04 x 0.05) - 32,000 = 6,101.20
discount amortization fourth payment = (768,125.24 x 0.05) - 32,000 = 6,406.26
Final answer:
The interest income and discount amortized are calculated based on the effective-interest method. The adjusting entry debits Bond Interest Expense and credits Discount on Bonds Payable. The income statement reports the interest expense as the sum of cash paid and discount amortized.
Explanation:
The interest on Logan Corporation's bonds is paid semi-annually, therefore the interest periods will be six months. The effective-interest method is used to amortize the premium or discount on these bonds, and it calculates interest expense based on the market rate and the outstanding balance of the bond.
For October 1, 2006, Logan Corporation issued $800,000 of 8% bonds. However, they were sold to yield 10% effective interest, which is annual, for six months this is 5% (10%/2). So, the interest income for the first period will be $800,000×5%=$40,000.
With actual cash received being $800,000×8%/2 = $32,000. The difference between the interest income and the cash received is the discount amortized.
For April 1, 2007, the carrying value of the bond will be the face value subtract the discount amortized. The remaining steps are essentially a repetition of the first period until October 1, 2007.
For adjusting entry on December 31, 2007, debit the Bond Interest Expense for the total discount amortized and credit Discount on Bonds Payable.
The interest expense on the income statement is the Bond Interest Expense, which includes both the cash paid and the discount amortized.
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Answers
Answer:
B. A decline in the value of the inventory.
Explanation:
Cost basis accounting: It is a method of calculating the value of inventory on actual cost for tax purposes as the purchase price is adjusted for dividends and return of capital distribution. It uses lower of cost either original cost or current market price. The market price should not be less or more than the net realizable value. Net realizable value is defined as the selling price minus cost of completion. Therefore, the cost basis of accounting to the lower-of- cost-or-net-realizable-value basis in valuing inventory is necessitated by a decline in the value of the inventory.
Answers
Answer:
(A) Mastering nonverbal signals will allow you to "read someone like a book."
Explanation:
Nonverbal communication refers to all the ways peop`le can communicate without using language like:
- tone of voice
- gestures
- posture
- eye contact
- body language
It is more probably that people inccur into nonverbal language without know they do so. In most of the time is unconsciosly
Anyway, mastering will not allow you to fully understand people entirely, people are different and they can expresse something but think different. And this is also applicable to nonverbal communication.
Answer:
The false statement is Mastering nonverbal signals will allow you to "read someone like a book."
Explanation:
Nonverbal signals tell us a lot about a person and his behavior and personality, but we cannot say that triumphing can let us flip through someone like a book.
Most of the time, nonverbal signals are inadequate without verbal communication, and nonverbal signals don't tell us with assurance regarding anything.
Learn more about nonverbal communications refer:
Answers
Answer:
Market sell order for 1,500 shares
Explanation:
The type of order that Marcos should place is Market sell order for 1,500 shares because he already owns 1,500 shares of the ABC stock in which the ABC stock shares was purchased at $44 per share.
Since the stock has been decreasing in value in which he wants to cut his losses now because the stock price may continue to decrease, the best thing for him to do is to use the Market sell order for the 1,500 shares in order to cut the losses that may arise and to avoid losing all the Total amount of the shares bought which is $66,000 ( 1,500 shares ×$44).
A) The entry to record the redemption will include __________.
O a debit of $32000 to Premium on Bonds Payable.
O debit of $2040 to Loss on Bond Redemption.
O credit of $32040 to Premium on Bonds Payable.
O credit of $2040 to Loss on Bond Redemption.
Answers
Answer:
The correct option is debit of $2040 to Loss on Bond Redemption
Explanation:
The unamortized premium on the bonds at redemption date=carrying value-face value
carrying value is $829,960
face value is $800,000
unamortized premium=$829,960-$800,000=$29,960
cash paid on redemption=$800,000*104%=$832,000.00
The appropriate entries would a credit to cash of $ 832,000 while face value is debit to bonds payable and also the unamortized premium is debited to premium on bonds payable
loss on retirement=$832,000-$829,960=$2040
The loss is debited to loss on bond redemption
Final answer:
The correct answer is a debit of $2040 to Loss on Bond Redemption, as the amount paid to redeem the bonds exceeded their carrying value by this amount.
Explanation:
Robin Corporation retired its bonds at 104% of their face value, which implies the bonds were bought back for $832,000 ($800,000 x 1.04). The bonds had a carrying value of $829,960. The difference between the redemption price and the carrying value caused a loss on bond redemption of $2,040 ($832,000 - $829,960).
Therefore, the entry to record the redemption of Robin Corporation's bonds will include a debit of $2040 to Loss on Bond Redemption. This shows that the company experienced a financial loss due to the cost of redeeming the bonds being higher than their book value.
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Answers
Answer:
$26.52
Explanation:
The computation of the maximum price for paying for the stock today is shown below:
As we know that
Required rate of return = (Sale of the stock - maximum price + dividend received) ÷ (maximum price)
0.15 = ($28 - maximum price + $2.50) ÷ (maximum price)
0.15 × maximum price = $28 - maximum price + $2.50
So, the maximum price is $26.52
We simply applied the above formula