Answer:
Explanation:
The journal entries are shown below:
a. Depreciation Expense A/c Dr $4,710
To Accumulated Depreciation - Office equipment A/c $4,710
(Being depreciation expense is recorded)
The depreciation expense is calculated for eight months (January - August)
b. Cash A/c Dr $21,240
Accumulated Depreciation - Office equipment A/c Dr $40,180
Loss on Disposal of Office equipment A/c Dr $25,130
To Office equipment A/c $86,550
(Being sale of machinery is recorded and the remaining balance is debited to the Loss on Disposal of Office equipment A/c)
The accumulated depreciation is computed below:
= $35,470 + $4,710
= $40,180
Answer:
According to the basic DCF stock valuation model, the value an investor should assign to a share of stock is dependent on the length of time he or she plans to hold the stock.
A. True
Explanation:
The DCF (Discounted Cash Flow) method of stock valuation is based on the assumption of the time-value of money. This approach considers that the cash flow that is received today is much more than the same amount of cash flow received any other time in the future. And the time of the future receipt or payment affects the amount of the cash flow, with decreasing consequences based on increasing time into the future.
Answer:
50,490 units
Explanation:
The computation of the number of units the company should produced is shown below:
= Expected sales units + ending inventory units - opening inventory units
where,
Opening inventory units is 1,350 units
Expected sales units is
= $27,000 + $27,000 × 60%
= $27,000 + $16,200
= 43,200 units
The ending inventory units is
= $43,200 × 20%
= 8,640 units
So, the units to be produced is
= 43,200 units + 8,640 units - 1,350 units
= 50,490 units
So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.
