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2 years ago

Which of the accompanying boxplots likely has the data with the larger standard deviation? why?

1 answer:

7 0

The answer is Boxplot II. The standard deviation for the data associated with Boxplot II will likely have a larger standard deviation. Boxplot II has a greater spread than Boxplot I, as measured by the interquartile range, which is related directly to the standard deviation of a data set.

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Macinski Leasing Company leases a new machine to Sharrer Corporation. The machine has a cost of $70,000 and fair value of $95,00

Montano1993 [528]

The nature of the lease arrangement is that of a finance lease. the following journal entries will be passed in the books of accounts:

Explanation:

a. This is because Sharrer Corporation (the lesse) will assume the risks of normal ownership. Maintenance is also not provided by the lessor.

Mike Macinski should, thus, use direct financing lease method. Lease receivable will be $95,000 and interest will be recognized annually.

b. Present value interest factor of annuity for 9% and 3 years = 2.531 (from PVIFA tables)

Annual payment will be = 95,000 by 2.531 = $37,534.57

Interest will be calculated on the opening balance of principal, at the rate of 9%. Thus, interest for the 1st year will be = 95,000 into 0.09 = $8550.

Principal paud during the year = total amount paid - interest amount. closing principal amount = opening principal - principal amount paid.

Period Cash due Interest Principal Balance

0 95,000.00

1 37,534.57 8,550.00 28,984.57 66,015.43

2 37,534.57 5,941.39 31,593.18 34,422.25

3 37,534.57 3,112.33 34,422.25 0.00

c. Entry for the signing of the lease agreement:

Fixed assets account (Dr) 95,000

Lease Payable account (Cr) 95,000

Entry on 31st December 2014:

Lease payable account (Dr) 28984.57

Interest account (Dr) 8550

Cash (Cr) 37534.57

Entry on 31st december 2015:

Lease payable account (Dr) 31593.18

Interest account (Dr) 5941.39

Cash (Cr) 37534.57

Entry on 31st december 2016:

Lease payable account (Dr) 34422.25

Interest account (Dr) 3112.33

Cash (Cr) 37534.57

5 0

2 years ago

What are the criteria Jason should use in evaluating investment alternatives? 2.What questions does this case raise that you nee

ANTONII [103]

No one is gonna anwser this gl

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1 year ago

The net cash flows of Advantage Leasing for the next 3 years are $42,000, $49,000 and $64,000 respectively, after which the grow

geniusboy [140]

Answer:

The present value of terminal value is $ 863,689.48

Explanation:

Terminal value=Cash flows at third year*(1+g)/WACC-g

cash flows at the third year is $64,000

g is the growth rate of net cash flows which is 2% in perpetuity

WACC is 8%

Terminal value=$64,000*(1+2%)/(8%-2%)

=$64000*1.02/0.06

=$ 1,088,000.00

The present value of terminal=terminal value*discount factor in year 3

discount factor in year=1/(1+8%)^3=0.793832241

Present value of terminal cash flow=1,088,000.00 *0.79383224

=$ 863,689.48

6 0

2 years ago

Read 2 more answers

Which example best describes how a bank injects money into the economy? A bank opens a savings account for a customer. A bank ap

USPshnik [31]

Answer:

The correct answer would be option B, A bank approves mortgage for a customer.

Explanation:

Injecting money into the economy means increasing money supply in the economy. It means more money is in the circulation. So when a bank approves a mortgage for a customer, it means bank is releasing money which will be in circulation and becomes a part of the economy. Mortgage is basically the loan or money which a bank or financial institution lends to a person or company on an agreed upon interest rate in exchange of their property with the condition that the bank will sell the property to get its money back if the borrower fails to return the loaned money. So the best example of how a bank can inject money into the economy is to approve the mortgage for a customer.

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2 years ago

Read 2 more answers

Oriole Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cos

Fynjy0 [20]

Answer:

$1.2 per mile

Explanation:

Computation of the variable cost per mile using the high-low method

Using this formula

Variable cost per mile = (Highest activity cost - Lowest activity cost)/(Highest activity - Lowest activity)

Let plug in the

Variable cost per mile= (14,721 - 13,503)/(8,510 - 7,495)

Variable cost per mile= 1,218/1,015

Variable cost per mile=$1.2 per mile

Therefore the Variable cost per mile will be $1.2 per mile.

6 0

2 years ago

Which of the accompanying boxplots likely has the data with the larger standard​ deviation? why?

Which of the accompanying boxplots likely has the data with the larger standard deviation? why?