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kvasek [131]
2 years ago
5

If the straight-line depreciation method is used, the annual average investment amount used in calculating the accounting rate o

f return is calculated as (beginning book value + ending book value)/2.
a. True
b. False
Business
1 answer:
lisabon 2012 [21]2 years ago
3 0

Answer:

The answer is true

Explanation:

Accounting Rate of Return is a financial ratio used in capital budgeting decision making. It is the ratio of estimated accounting profit(net income) of a project to the average investment made in the project.

And average investment is calculated as the sum of the beginning and ending book value of the project/investment divided by 2

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What process involves identifying and controlling the functional and physical design characteristics of products and their suppo
soldi70 [24.7K]

Answer:

<em>Configuration management</em>

Explanation:

The configuration management process defines the guidelines and guidelines for managing the configuration of the project in a simple way, so that integrity is maintained in the work products during the execution of the project.

The configuration management by means of the identification and control of changes allows to guarantee the correct execution of the change and to inform the affected ones of the change.

5 0
2 years ago
On June 1, Greendale Corp. issued $700,000, five-year bonds at 8%, with interest payable annually on May 31. The bonds sold for
elena-14-01-66 [18.8K]

Answer:

$23,709

Explanation:

Data provided in the question:

Amount of bond issued = $700,000

Duration = 5 years

Interest rate = 8%

Selling amount of bond = $728,700

Market rate of interest = 7%

Now,

Interest paid = Amount of bond issued × Interest rate

= $700,000 × 0.08

= $56,000

Interest expense = Amount of bond sold × Market Interest rate

= $728,700 × 0.07

= $51,009

unamortized premium = Selling amount of bond -  Amount of bond issued

= $728,700 - $700,000

= $28,700

Amortized amount = Interest paid - Interest expense

= $56,000 - $50,009

= $4,991

Balance  of the premiums on bonds payable account immediately following the first interest payment

= unamortized premium - Amortized amount

= $28,700 - $4,991

= $23,709

5 0
2 years ago
The following information relates to a product produced by Faulkland Company:
kvv77 [185]

Answer:

$305,000 increased

Explanation:

As the total unit cost is given i.e $23

And, the customer has offered to buy 61,000 units at $22 each

In the case of special order, the effect on operating profits is

= Difference of cost × number of units to be offered for buying

= $5 × 61,000 units

= $305,000 increased

The difference is

= Buying price offered - direct material per unit - direct labor per unit - variable overhead per unit

= $22 - $8 - $5 -$4

= $5

The selling cost is not included. Hence, ignored it

4 0
2 years ago
On January 2, 20X4, West Co. issued 9% bonds in the amount of $500,000, which mature on January 2, 20X24. The bonds were issued
ehidna [41]

Answer:

$470,425

Explanation:

The computation of the amount reported as bond payable is shown below:

<u>Particulars  Interest at 4.5% Interest at 5%  Amortized  UnAmortized  CV</u>

<u>                                                                             discount     discount </u>

Starting value                                                                        $30,500  $469,500    

                                                              ($500,000 - $469,500)  

June 30         $22,500         $23,475                $975        $29,525  $470,425

  ($500,000 × 4.5%)            ($469500 × 5%)

The six months rate would be the half of the rates given in the question

5 0
2 years ago
First, you need to make some product ingredient decisions. Which option is most appropriate for Burnin' Rock? Select an option f
Furkat [3]

Answer:

This best option amongst the list is "A"

Explanation:

Use the best ingredients, as specified in the product definition.

This is the best choice to reaching your desired quality with a form of consistency.

5 0
2 years ago
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