Answer:
(a) Barton's investment
Date Account Titles and Explanation Debit Credit
Accounts receivables $44,900
($48,000 - $3,100)
Equipment $90,000
Allowances for uncollectible $1,300
Barton Capital $133,600
(To record Barton's contribution)
(b) Fallows' investment
Date Account Titles and Explanation Debit Credit
Cash $28,700
Merchandise Inventory $60,500
Fallow Capital $89,200
(To record Fallow's contribution)
Answer:
$4,775,565.49
Explanation:
The computation of the selling price of the bond is shown below:
Particulars Amount PV factor 6% Present value
Semi-annual interest $216,209 19.60044 $4,237,791.53
Principal $3,088,700 0.174110131 $537,773.96
Total $4,775,565.49
Working notes
Semi-annual interest $216,209 = $3,088,700 × 14% × 6 ÷ 12
PV factor 3%:
Semi-annual interest 13.76483115 = {(1 - (1.06)^-30) ÷ 0.06
}
Principal 0.174110131 = {1 ÷ 1.03^30}
Taxes are automatically withdrawn from paychecks.
To handle products in the decline stage of the product life cycle, companies often use either a <u>divesting </u>strategy or a <u>harvesting </u>strategy.
The rate of decline is governed by means of two factors: the charge of alternate customer tastes and the fee at which new products are input into the market. Sony VCRs is an instance of a product within the decline degree. The call for VCRs has now been surpassed through the demand for DVDs and online streaming of content material.
Decline techniques are also known as protective techniques and are pursued when a business enterprise finds itself in an inclined position as a result of negative management, inefficiency, and ineffectiveness.
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