Answer:
41.49 approx 42 months
Explanation:
To calculate the number of months, we use the formula for loan
p = r(pv) / 1 - (1+r)-n
make n subject of the formula
p ( 1 - ( 1+r) ^-n) = r(pv)
p - p (1+r)^-n = r(pv)
p (1+r)^-n = p-r(pv)
(1+r)^-n = (p-r(pv)) / p
( 1+r)^n = p / (p-r(pv))
n In( 1+r) = In (p / (p-r(pv))
n = In ( p/ ( p - r(pv)) / In ( 1 +r)
n is the number of months, p is the payment per months
pv is the present value of 5000
substitute the values given into the equation
n = (In ( 150 / (150 - ( 0.129 / 12 × 5000)) / ( In ( 1 + ( 0.129 / 12) = 41.49 approx 42 months
Answer:
Sampling plan can be considered as an arrangement of intelligent advances which empowers a specialist to choose sample from the populace and to appraise answer for the current issues.
In the given case revolutionary photo copy machines has been created by an organization. Here the task for the research is to decide or assess that what number of photograph copiers are need that the organizations of City Cleveland may purchase. This can be likelihood samplings techniques can be chosen for building up an inspecting plan. Two likelihood inspecting strategies will be proper for this errand. They are Simple Random Sampling and Systematic Sampling.
The example outline is all around characterized which are the organizations of the city Cleveland. From this example outline the analysts needs to isolate the organizations into bunches into little, medium and huge dependent on the representatives of each organization. Here the specialist should break down each organization. Through straightforward arbitrary sampling the scientist can gather the information of each organization. Here each organization in the example casing will be taken for assessment. Through orderly inspecting the scientist can list the organizations of city Cleveland for investigation. The scientist can choose any organization arbitrarily for examination.
Since the each organization of city Cleveland ought to be considered for examine and each organization must be bunch into three a methodical research is required. In this way the two plans Simple Random Sampling and Systematic Sampling plans are utilized.
Answer:
1. c.$124,000
2. e.$46,000
Explanation:
The Fuller company has issued two bonds with separate coupons. The liability for unredeemed bond at December 31, 2012 is $124,000.
The value of bond when issued is $720,000
Value of bond at expiration date is $300,000
720,000 / 300,000 = 2.4
2.4 * 190,000 = 456,000 / 3.67 years
= $124,000
Case corporation has issued bond with value 94 issued at par with 10% coupon rate.
Using the amortization bond table we get $46,000.
$(100000 / 94 ) * 10% = 106.38 * 5 years
= 5,319.20 * 8.64 amortizing rate
= $46,000
Answer:
The book value of patents should be reported at: $336,000.
Explanation:
Under U.S GAAP, R&D is not permitted to capitalized, thus R&D expenses incurred in the period is not relevant in calculation the book value of patent. On the other hand, successful ligation costs are allowed to be capitalized.
We have the book value of patents = Book value at opening of 2020 + Cost of successful patent infringement suit at 1st December 2020 - amortization of patents in the period of the year 2020;
where: Amortization of patents in the period = 12 months of book value at opening of 2020 amortization + 1 month of Cost of successful patent infringement suit = 288,000/ ( 8 x 12) x 12 + 85,000/( 1 + 7 x 12) x 1 = 37,000 ( as amortization is distributed equally on remaining useful life ( in months))
=> The book value at the end of 2020 = 288,000 + 85,000 - 37,000 = $336,000
