What historical "first" in spaceflight shocked the world on October 4, 1957, triggering the beginning of the space age and motivating the formation of NASA the following year?
In: Mechanical Engineering
Fill in with the correct symbols
a. The algebraic value of long Q shares of stock is W = _____X.
b. At expiration the value of an October 60 Call with stock price of X is Max( _________, 0).
c. At expiration the value of an October 70 Put with stock price of 65 is ____________per share quoted price.
d. The algebraic value of long 100 shares of stock at price X and long one put of value P is W = ______________
e. At expiration if the price of the stock is 60 and the value of a call option is $7 per share quoted price then the value of the covered write is ____________per share quoted price.
In: Finance
The number of X-rays and X-ray costs over the last nine months in Beverly Hospital are given below: Month X-Ray Costs X-Rays Taken January $28,000 6,250 February 29,000 7,000 March 23,000 5,000 April 18,000 3,750 May 21,000 4,500 June 24,000 5,500 July 20,000 4,250 August 16,000 3,000 September 25,000 5,750 Beverly Hospital expects to take 4,900 X-rays during October. Using the high-low method, calculate Beverly Hospital's expected X-ray cost for October.
In: Accounting
The number of X-rays and X-ray costs over the last nine months in Beverly Hospital are given below: Month X-Ray Costs X-Rays Taken January $28,000 6,250 February 29,000 7,000 March 23,000 5,000 April 18,000 3,750 May 21,000 4,500 June 24,000 5,500 July 20,000 4,250 August 16,000 3,000 September 25,000 5,750 Beverly Hospital expects to take 4,900 X-rays during October. Using the high-low method, calculate Beverly Hospital's expected X-ray cost for October.
In: Accounting
Declension Company sold bonds that had a face (maturity) value of $1,000,000 on May 1, 2019 for $900,000. The bonds had a 10 year term with a maturity date of April 30, 2029. The annual interest rate on the bonds is 12 percent which is paid semiannually each October 31 and April 30. What entries should Declension Company make on a. issuance of the bond on May 1, 2019 b. on payment of interest on October 31, 2019 c. on the accrual of interest on the fiscal year end December 31, 2019? D On retirement of the bond at 102 on December 31, 2019.
In: Accounting
Declension Company sold bonds that had a face (maturity) value of $1,000,000 on May 1, 2019 for $900,000. The bonds had a 10 year term with a maturity date of April 30, 2029. The annual interest rate on the bonds is 12 percent which is paid semiannually each October 31 and April 30.
What entries should Declension Company make on a. issuance of the bond on May 1, 2019
b. On payment of interest on October 31, 2019
c. On the accrual of interest on the fiscal year end December 31, 2019?
d. On retirement of the bond at 102 on December 31, 2019.
In: Accounting
The cafeteria at X Company incurred the following costs in September: Cost Item Cost Supervisor salary $5,920 Hourly workers wages 32,088 Food 11,074 Equipment 6,810 Supplies 3,118 Total $59,010 The hourly workers wages, food costs, and supplies costs were variable; the supervisor salary and equipment costs were fixed. The cafeteria served 13,000 meals during September. In October, the cafeteria is expected to serve 12,350 meals. Using account analysis with this data, estimate the total cafeteria cost in October [round variable costs per unit to two decimal places]?
In: Accounting
VSB 3006 – Dr. JME
Handout – Variable Costing
Below is data for the JME Company for September and October of 20X1. JME uses a FIFO cost assumption.
September October
Sales in units 90 105
Production in units 100 100
Sales price per unit $20 $20
Var Prod cost/unit $4.00 $4.25
Fixed Prod cost $110 $130
Var Period cost/unit $3.00 $3.15
Fixed Period cost $175 $200
REQUIRED - You are to compute income under absorption costing and variable costing. In addition, “justify” or explain any differences.
In: Accounting
|
On September 1, 2013, Susan Chao bought a motorcycle for $27,000. She paid $1,100 down and financed the balance with a five-year loan at an APR of 6.9 percent, compounded monthly. She started the monthly payments exactly one month after the purchase (i.e., October 1, 2013). Two years later, at the end of October 2015, Susan got a new job and decided to pay off the loan. |
|
If the bank charges her a 2 percent prepayment penalty based on the loan balance, how much must she pay the bank on November 1, 2015? |
In: Finance
BANK RECONCILIATION STATEMENT
The cash at bank ledgerof Starlet Limted shows a debit balance of £ 4,500 on 31st October 2017. Cheques for £ 2,000 from customers that were recently paid into the bank have not yet been processed.
Payments totalling £ 6,200 made by the business to its suppliers and others have not yet been presented to the bank statement for payment.
The bank has charged £ 700 in bank charges.
A cheque for £ 300 from a customer has been dishonoured.
The balance in the account according to the bank statement is £ 7,700
Required: Prepare a bank reconciliation statement for the month of October 2017
In: Accounting