Sheila purchases $184,000 of newly issued Gingo Corporation bonds for $165,600. The bonds have original issue discount (OID) of $18,400. After Sheila amortized $8,280 of OID and held the bonds for four years, she sold the bonds for $174,800. What is the amount and character of her gain or loss

Answers

Answer 1

Answer:

the gain on the sale of land is $920

Explanation:

The calculation of the amount and character of her gain or loss is given below

The adjusted basis is

= Issued price + amortized discount

= $165,600 + $8,280

= $173,880

Now the gain on sale is

= Sale price - adjusted basis

= $174,800 - $173,880

= $920

Hence, the gain on the sale of land is $920


Related Questions

Mandy, an Adlerian group leader is helping group members to realize they have choices in their lives about which stimuli they pay attention to and remember. Mandy is employing which techniques?

Answers

Answer:

Push button

Explanation:

Organisms respond to stimuli in order to survive in their given environment. It is the ability to adjust to different environmental factors that are beneficial or detrimental.

For example a worm reflexively crawls towards moisture or a dog salivating when it perceives food.

Push button shows a person that they have choices in their lives about which stimuli they pay attention to and remember.

Asteroid Industries accumulated the following cost information for the year: Direct materials $ 15,100 Indirect materials 3,100 Indirect labor 7,600 Factory depreciation 11,900 Direct labor 36,100 Using the above information, total factory overhead costs equal:

Answers

Answer:

the total factory overhead cost is $22,600

Explanation:

The computation of the total factory overhead is shown below:

Factory overhead is

= Indirect material + Indirect labour + Factory depreciation

= $3,100 + $7,600 + $11,900

= $22,600

basically we added the above three items so that the total factory overhead cost could come

hence, the total factory overhead cost is $22,600

Tammy is going on a 2-week vacation overseas. She is planning on taking two credit cards, and has notified her credit card issuers that she will be traveling with those credit cards. What should she do with her other credit cards while she is gone

Answers

Answer: Keep them safe in a deposit box

Explanation:

Since Tammy is going on a 2-week vacation overseas and she is planning on taking two credit cards, the thing to do with the other credit cards while she is gone is to keep them safe in a deposit box.

There's no need for him to cancel the cards. Also, the cards are not stolen and should not be reported stolen and he shouldn't give them to someone else in order to prevent fraud. He should keep the cards safely till he comes back.

The Back Room just paid an annual dividend of $1.50 a share. The firm expects to pay dividends forever and to increase the dividend by 4.5 percent annually. What is the expected value of this stock six years from now if the discount rate is 12 percent

Answers

Answer:

$26.05

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid = d0 x (1 + growth rate)

d0 = dividend that was just paid

r = cost of equity

g = growth rate

1.5 x (1.045^6) / 12 - 4.5 = $26.05

- Màng quấn PE có tính chất hóa học của hydrocacbon không tác dụng trong môi trường có axit, thuốc tím, kiềm.

- Không màu mùi, hòa tan kém trong nhiệt độ cao.

https://hanopro.com/mang-pe-cuon-pallet/dac-diem-cua-mang-cuon-pe.html

Answers

Yessssssssssssasssssssmxnxnnsnsnxks

First National Bank charges 13.6 percent compounded monthly on its business loans. First United Bank charges 13.9 percent compounded semiannually. Calculate the EAR for First National Bank and First United Bank. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) As a potential borrower, which bank would you go to for a new loan

Answers

Answer:

First National EAR 14.48%

First United EAR 14.38%

Explanation:

Calculation to determine Calculate the EAR for First National Bank and First United Bank.

Using this formula

EAR = [1 + (APR / m)]m − 1

Let plug in the formula

First National EAR = [1 + (.136 / 12)]12 − 1

First National EAR= .1448*100

First National EAR=14.48%

First United EAR = [1 + (.139 / 2)]2 − 1

First United EAR = .1438*100

First United EAR = 14.38%

Therefore the EAR for First National Bank and First United Bank will be :

First National EAR 14.48%

First United EAR 14.38%

Introduction to the future value of money Aa Aa Under the concepts of the time value of money, you can determine the future value of an amount invested today that will earn a given interest rate over a given amount of time. This technique can be used to calculate the future value of (1) a single receipt or payment made or (2) a series of receipts or payments Dakota and Gabriella are sitting together, with their notebooks and textbooks open, at a coffee shop. They've been reviewing the latest lecture from Dr. Phillips's financial management class by asking each other questions. Today's topic addressed the calculation of future values for both simple and compound interest-earning accounts. Complete the missing information in the conversation that follows. Round your final answer to all computations to two decimal places. However, if you compute any interest factors as an intermediate step in your calculations, round them to four decimal places Dakota So, why is it important to be able to calculate the future value of some amount invested? Gabriella First, remember that the amount invested is usually called and the amount earned during the investment period is called calculate a future value so that you can know in advance what a given amount of principal will be worth after earning a specified It is important to be able to for a known Dakota OK, I understand that, and I know the amount of principal invested today can be called the value of the investment, whereas the amount realized after the passage of t period of value. But what causes the present and future values to be different time is called its values? Gabriella Two things cause the present and future values to be different amounts. First, the earned during the investment period causes the future value to be greater than, equal to, or less than the present value. Second, the method used to calculate the interest earned-that is, whether the account pays amount by which the future value differs from the present value interest-determines the

Answers

So what to do hear what’s the answers

is the South African post office a natural or artificial monopoly?motivate​

Answers

Answer:

The public goods school in economics is getting disproved as we speak about natural monopolies.

Explanation:

An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy contract was for 3,380 devices and took 34 workers two weeks (40 hours per week) to complete. The army contract was for 7,480 devices that were produced by 44 workers in three weeks (40 hours per week). a. Calculate the productivity for navy and army contracts in units produced per labor hour.b. On which contract were the workers more productive?

Answers

Answer: See explanation

Explanation:

a. Calculate the productivity for navy and army contracts in units produced per labor hour.

Based on the information given, for the navy contract, the total man hours to make 3380 devices will be:

= 34 × 40 × 2

= 2720 hours

Therefore, the devices per man hour will be:

= 3380/2720

= 1.24 devices per labor hour.

For the army contract, the total man hours to make 7480 devices will be:

= 44 × 40 × 2

= 3520 hours

Therefore, the devices per labor hour will be:

= 7480/3520

= 2.125 devices per labor hour

b. On which contract were the workers more productive?

The workers were more productive on the Army contract as they produced more devices per labor hour.

XYZ Ltd produces a product for which the annual demand is 10,000 units. Production averages 100 units per day, while demand is 40 units per day. Holding costs are $2.00 per unit per year, and setup cost is $200.00. If the firm wishes to produce this product in economic batches, what size batch should be used?

Answers

Answer: Batch size to be used  =Economic batch size of 2,236 units

Explanation:

From the question, we have that

Annual demand (D) = 10,000 units

Setup cost (S) = $200

Holding cost (H) = $2 per unit per year

Daily production (p) = 100 units per day

Daily Demand (d) = 40 units per day

Therefore Economic batch size, Q will be calculated as

Q =[tex]\sqrt{2 x D x S / H x ( 1-d/p }[/tex]

Q= [tex]\sqrt{2 x 10,000 x 200 / 2 x ( 40/100)}[/tex]

Q=[tex]\sqrt{4,000,000/0.8 }[/tex]

Q=[tex]\sqrt{5,000,000}[/tex]

Q=2,236.067 rounded up to 2,236

Economic batch size =2,236 units

You purchase a call option on Swiss Francs (SF) for a premium of $.02, with an exercise price of $1.0325. The option will not be exercised until the expiration date, if at all. If the spot rate on the expiration date is $1.0072, your net profit/loss on one contract containing 10,000 SF units. will be: Group of answer choices $53 -$53 $200 -$200 $530

Answers

Answer:

$53

Explanation:

Payoff of the option = Strike price - Stock price at end

Payoff of the option = $1.0325 - $1.0072

Payoff of the option = $0.0253

Profit from the option = Payoff - Premium paid

Profit from the option = $0.0253 - $0.02

Profit from the option = $0.0053

Net profit/loss on one contract containing 10,000 SF units will be:

= 10,000 SF units * $0.0053

= $53 Profit

What do you think is most difficult about buying golf clubs, and how can you make this easier for shoppers?

Answers

Answer:

the size

Explanation:

sizing charts dudeeeeeeeeeeeeee

Suppose the downward sloping labor demand curve shifts rightward in a labor market with a single employer (monopsony). What happens to the equilibrium wage and level of employment in the market

Answers

Answer:

Equilibrium wage increaseLevel of employment increase

Explanation:

A shift rightward in the labor market of a single employer would imply that the employer wants more labor. They will therefore increase the wages that they are paying their labor to entice more labor and the level of employment in the industry will increase as the employer hires more people.

Graphically speaking, when the labor demand curve shifts right, it will intersect with the labor supply curve at a higher equilibrium wage. The quantity of labor will also increase as it goes to a new equilibrium point.

Outback Outfitters sells recreational equipment. One of the company’s products, a small camp stove, sells for $110 per unit. Variable expenses are $77 per stove, and fixed expenses associated with the stove total $161,700 per month. Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that the fixed expenses remain unchanged.) 3. At present, the company is selling 15,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. 4. Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of $77,000 per month?

Answers

I honestly don’t know sorry

Section One: The Business Executive Summary
1. My company name will be:
2. My business purpose is:
3. I have been in business since or plan on starting on:
4. Manager(s) for the company will be:
5. My experience as an owner is:

Answers

Answer:

5

Explanation:

because business is start for profit and our experience helps to better our business

Gross profit is the extra amount the company receives from the customer for merchandise sold over what the company paid to the vendor. True False

Answers

Answer:

True

Explanation:

Gross profit can be regarded as profit

that is made by a company after the deduction of the costs that is associated with producing and selling its products, it can also be explained as the costs that is associated with a company to provide its services. Gross profit usually show income statement of the company, and this is calculated by finding the difference between the cost of goods sold (COGS) as well as revenue (sales).

It should be noted that Gross profit is the extra amount the company receives from the customer for merchandise sold over what the company paid to the vendor.

explain by means of a graph how Government can intervene in the market using subsidies as a means to increase output​

Answers

Answer: See explanation

Explanation:

Subsidy refers to the amount of money which is given by the government to firms in order to increase production. Subsidy serves two main purpose which are to reduce price and to increase output.

Based on the diagram attached, the subsidy led to an increase in the supply of the good from S to S+ while the quantity of goods increased from Q to Q1.

Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance according to the company's records at August 31, $14,990. Cash balance according to the bank statement at August 31, $15,990. Checks outstanding, $3,040. Deposit in transit not recorded by bank, $2,440. A check for $270 in payment of an account was erroneously recorded in the check register as $720. Bank debit memo for service charges, $50. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash.

Answers

Answer:

Creative Design Co.

Journal Entries:

a) increase cash:

Debit Cash $450

Credit Expenses $450

To correct an erroneously recorded check for $270 recorded as $720

b) decrease cash:

Debit Bank Service Charges $50

Credit Cash $50

To record direct bank service charges.

Explanation:

a) Data and Calculations:

Cash balance according to the company's records at August 31, $14,990.

Cash balance according to the bank statement at August 31, $15,990.

Checks outstanding, $3,040.

Deposit in transit not recorded by bank, $2,440.

A check for $270 in payment of an account was erroneously recorded in the check register as $720.

Bank debit memo for service charges, $50

Increase of cash:

Overstated check = $450 ($720 - $270)

Decrease of cash:

Bank service charges = $50

Cash Account Adjustment

Cash balance, August 31,     $14,990

Overstated check =                     450

Bank service charges =                (50)

Adjusted cash account bal. $15,390

Bank Reconciliation Statement for the month ended August 31

Balance as adjusted cash account $15,390

Checks outstanding,                         $3,040

Deposit, uncredited by the bank       (2,440)

Balance as per bank statement     $15,990

Use the following information for Shafer Company to compute inventory turnover for year 2.

Year 2 Year 1
Net sales $657,500 $584,900
Cost of goods sold 390,500 361,040
Ending inventory 79,700 81,380

Answers

Answer:

4.85 times

Explanation:

The computation of the inventory turnover for the year 2 is shown below:

we know that

Inventory turnover = Cost of goods sold ÷ Average inventory

Here,  

Average inventory is

= ($79,700 + $81,380 ÷ 2)

= $80,540

So,  

The Inventory turnover is

= $390,500 ÷ $80,540

= 4.85 times

Research shows managers with Theory X assumptions are better than those with Theory Y assumptions at accomplishing organizational objectives and tapping the potential of employees.
a) true
b) false

Answers

Answer:

false

Explanation:

Theory X ad Y are theories about workers motivation and management. they were developed by Douglas McGregor in the 1960s in his book the human side of enterprise.

Assumptions of theory X

Workers dislike their work Workers would not work unless coercedWorkers have to be micromanagedWorkers need incentive to work

Theory x encourages an authoritarian management style

Assumptions of theory Y

Workers enjoy their work workers need little or no incentive to workWorkers seek and take on responsibility Workers are more engaged in decision making

theory y encourages a participative management style

Theory y's assumption are better than x in achieving the organisation's goal and tapping the potential of employees because it gives more room for workers to use their initiative.

Which of the following costs is not a component of manufacturing overhead of a bicycle manufacturer? Group of answer choices Indirect materials. Factory utilities. Bicycle wheels. Indirect labor. Property taxes on the manufacturing plant. g

Answers

Answer:

Bicycle wheels

Explanation:

The following cost should be classified as the manufacturing overhead

1. Indirect materials

2. Indirect labor

3. Factory utilities

4. Property taxes

but the bicycle wheels should not be classified as the manufacturing overhead as it the direct material that directly related to the product

Therefore the bicycle wheel should be relevant


When workers present their grievancies
and
suggestions to management it is an example of
A Horizontal communication
B Diagonal communication
€ Upward communication
D Downward communication

Answers

Answer:

Upward communication

Explanation:

When workers present their grievances and suggestions to management it is an example of "Upward communication."

The above statement is true because Upward Communication is a form. of communication involving information process being passed from the lesser rank or classes of a structure to the higher ranks or classes of the same structure.

In management, it usually involves the passing of information from workers to supervisors, or supervisor to production manager, etc.

has the following production data: beginning work in process 25200 units (70% complete), started into production 474000 units, completed and transferred out 449700 units, and ending work in process 49500 units (30% complete). Assuming all materials are entered at the beginning of the process, equivalent units of production for materials are:

Answers

Answer:

Equivalent units of production= 474,000

Explanation:

To calculate the equivalent units of production, we need to use the following formula:

Units started and completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 424,500 + (49,500*1)

Equivalent units of production= 474,000

As direct material is incorporated at the beginning of the period, its completion is 100%.

The practice of intentionally targeting borrowers in poor or underserved areas with expensive high-cost loans is known as:

Answers

Answer:

Reverse redlining

Explanation:

Reverse redlining means the practice that target the neighborhood specially the non-white for the greater prices or lended the non-fair terms like lending used for predatory with respect to the subprime mortgage

So as per the given situation, it is the reverse redlining as it is targetted to the borrowers or the areas having high cost loans

So, the same should be considered

Interest rates and the price of old or existing bonds are Group of answer choices There is not enough information to answer the question. sometimes directly related and sometimes inversely related. independent of each other. inversely related. directly related.

Answers

Answer:

inversely related.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

An interest rate can be defined as an amount of money that is charged as a percentage of the total amount of money borrowed or securities purchased from an individual or a financial institution.

Generally, there exist an inverse relationship between bonds and interest rates.

Interest rates and the price of old or existing bonds are inversely related. Thus, an increase in the interest rate (cost of borrowing an amount of money rises) causes a fall or decrease in the price of bonds.

Ethelbert is a young software company owned by two entrepreneurs. It currently needs to raise $1,254,400 to support its expansion plans. A venture capitalist is prepared to provide the cash in return for a 40% holding in the company. Under the plans for the investment, the VC will hold 19,600 shares in the company and the two entrepreneurs will have combined holdings of 29,400 shares.
a. What is the total after-the-money valuation of the firm?
b. What value is the venture capitalist placing on each share?

Answers

Answer:

a. $3,136,000

b. $64 per share

Explanation:

The computation is shown below

a. The total after the money valuation is

= $1,254,400 ÷ 40%

= $3,136,000

b. The value that venture capitalist place on each share is

= $3,136,000 ÷ (19,600 ÷ 40%)

= $3,136,000 ÷ 49,000 shares

= $64 per share

Hence, the same should be considered

A patent gives the inventor Multiple Choice property rights for 10 years. the right to keep the patented process but not the product for five years. the right to use the invention until development costs are recouped. exclusive right to manufacture, exploit, use, and sell the invention for a given time period.

Answers

Answer:

Explanation:

famoys

Sah Inc's last free cash flow was $1.75 million. Its free cash flow growth rate is expected to be constant at 25% for 2 years, after which free cash flows are expected to grow at a rate of 6% forever. Its weighted average cost of capital WACC is 12%. Huxley has $5 million in short-term investments and $7 million in debt and has 2 million shares outstanding. What is the best estimate of the current intrinsic stock price

Answers

Answer:

$40.64 per share

Explanation:

The computation of the best estimate of the current intrinsic stock price is given below;

Enterprise value is

= ($1.75 × (1.25)) ÷ (1.12)^1 + ($1.75 × (1.25)^2) ÷ (1.12)^2 + (($1.75 × (1.25)^2 × 1.06) ÷ 0.06) ÷ (1.12)^2

= $42.64 million

now  

market cap = enterprise value - debt + investments

= $42.64 - $7 + $5

= $40.64 million

Now finally  

price = $40.64 million ÷ 1million

= $40.64 per share

A company uses 30% common stock and 70% long-term debt to finance its operations. An increase in which one of the following will increase the capital structure weight of debt, all else equal?a. Number of bonds outstandingb. Market price of the common stockc. Book value of the outstanding shares of common stockd. Number of shares of stock outstanding

Answers

Answer:

a. Number of bonds outstanding

Explanation:

In the case when  the firm wants to issue  the new bonds but keeping the equity portion constant so the debt weight should increased from 70% to the higher weightage

So as per the given situation, the option a is correct as it also increased the number of outsanding bonds

Therefore the same is to be considered

Hence, the other options seems wrong

The more ______ country economies are, the greater the benefits of international diversification and the more these benefits are exploited by MNCs the more _____ country economies become. Group of answer choices Independent, egalitarian Correlated, interdependent. Developing, advanced Segmented, integrated.

Answers

Answer: Segmented, integrated.

Explanation:

International diversification refers to the process by which a company invest in other countries or regions apart from its home country. One main reason for this is for risk management.

The more (segmented) country economies are, the greater the benefits of international diversification and the more these benefits are exploited by MNCs the more (integrated) country economies become.

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