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    Derivations: - Computational

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    Ediane Quileza
    The document contains 119 computational problems involving financial calculations such as determining totals, percentages, rates of return, etc. Each problem shows the calculation and solution. The calculations involve addition, subtraction, multiplication and division of monetary amounts, percentages, rates, and quantities of items.

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    Derivations: - Computational

    Uploaded by

    Ediane Quileza
    15 views3 pages
    The document contains 119 computational problems involving financial calculations such as determining totals, percentages, rates of return, etc. Each problem shows the calculation and solution. The calculations involve addition, subtraction, multiplication and division of monetary amounts, percentages, rates, and quantities of items.

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    Corporation testbank

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    The document contains 119 computational problems involving financial calculations such as determining totals, percentages, rates of return, etc. Each problem shows the calculation and solution. The calculations involve addition, subtraction, multiplication and division of monetary amounts, percentages, rates, and quantities of items.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    15 views3 pages

    Derivations: - Computational

    Uploaded by

    Ediane Quileza
    The document contains 119 computational problems involving financial calculations such as determining totals, percentages, rates of return, etc. Each problem shows the calculation and solution. The calculations involve addition, subtraction, multiplication and division of monetary amounts, percentages, rates, and quantities of items.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    DERIVATIONS — Computational

    No. Answer Derivation


    71. a $4,300,000 + $400,000 + $550,000 + $2,000,000 + $1,500,000 – $150,000
    = $8,600,000.

    72. b $4,300,000 + $550,000 = $4,850,000.

    73. b (10,000  $25) + (15,000  $20) = $550,000


    ($250,000 ÷ $550,000)  $480,000 = $218,182.

    74. c (4,000  $25) + (6,000  $20) = $220,000


    ($120,000 ÷ $220,000)  $192,000 = $104,727.

    75. d (5,000  $18) + $100,000 = $190,000.

    76. b [(6,000  $25) ÷ [(6,000  $25) + (9,000  $20)]]  $288,000 = $130,909.


    77. c [(7,500  $20) ÷ [(5,000  $25) + (7,500  $20)]]  $240,000 = $130,909.
    78. d ($60 – $52)  20,000 = $160,000.

    79. d 12,000  $15 = $180,000.

    80. b 3,000  $20 = $60,000; 3,000  $7 = $21,000.

    81. c 4,000  $15 = $60,000; 4,000  $4 = $16,000.

    82. c $900,000 + (2,000  $5) – (500  $10) = $905,000.

    83. d (675,000  $4) + (90,000  $7) = $3,330,000.

    84. c $900,000 + (3,600  $5) – (2,400  $4) = $908,400.

    85. a $1,650,000 – (3,000  $28) – (3,000  $35) + (1,800  $30) + $450,000 =


    $1,965,000.

    86. c 20,000  $55 = $1,100,000.

    87. c 2,000  $50  .06 = $6,000


    ($6,000 – $5,000) + $6,000 = $7,000.

    88. a 5,000  $100  .05 = $25,000


    ($45,000  2) – ($25,000  3) = $15,000.

    89. a 6,000  $100  .07 = $42,000


    $160,000 – ($42,000  2) = $76,000.
    90. c ($90,000 ÷ $10)  $14 = $126,000
    [$14 – ($90,000 ÷ 10,000)]  9,000 = $45,000
    $126,000 – $45,000 = $81,000.

    91. d ($270,000 ÷ $10)  $14 = $378,000


    [$14 – ($270,000 ÷ 30,000)]  27,000 = $135,000
    $378,000 – $135,000 = $243,000.

    92. b (900,000  $7) – [($7 – $5)  900,000] = $4,500,000.

    93. d (180,000 ÷ 10)  $14 = $252,000


    $252,000 – [$252,000 – (180,000  18/20)] = $162,000.

    94. d (5,000  $63) = $315,000


    $315,000 – ($315,000 – $218,000) = $218,000.

    95. a 350,000  .10 × $30 = $1,050,000


    $1,050,000 + (350,000  1.10  $.50) = $1,242,500.

    96. c (60,000  $50) + $3,000,000 = $6,000,000.

    97. a $75,000 – $10,000 – (1,500  $6) = $56,000.

    98. b 160,000  .15  $35 = $840,000.

    99. b 120,000  .10  $20 = $240,000.

    100. b 100,000  .10  $8 = $80,000.

    101. a $200,000 + $100,000 – $60,000 – (3,000  $20) = $180,000.

    102. a ($420,000  .05  $36) + ($420,000  1.05  $.60) = $1,020,600.

    103. c $8,000 ÷ ($93,000 – $15,000) = 10.3%.

    104. a $1,800,000 ÷ 150,000 = $12.00.

    105. d $150,000 + $75,000 – $45,000 – (1,500  $30) = $135,000.

    106. d (560,000  .05  $48) + (560,000  1.05  $.60) = $1,696,800.

    107. c ($72,000 – $10,000) ÷ [($1,000,000 + $1,200,000)] = 5.6%.

    108. c ($72,000 – $10,000) ÷ 100,000 = $.62.


    $12 ÷ .62 = 19.4.

    X
    109. a ——————————— = .25, X = $430,000.
    ($2,120,000 – $400,000)
    $30, 000  .04  $350, 000 
    110. b = .107 = 10.7%.
     $60, 000  $75, 000    $75, 000  $90, 000   2

    111. c
    $90, 000   $100, 000  .10 
     $120, 000  $80, 000  $240, 000  $10, 000   $90, 000  $65, 000  $215, 000   2

    = $80 ÷ 400.

    $120,000 + $80,000 + (240,000 – $10,000)


    112. a ——————————————————— = $430 ÷ 12.
    12,000

    113. b $15,000 ÷ ($124,000 – $30,000) = 16.0%.

    114. b $2,400,000 ÷ 120,000 = $20.00.

    *115. b $150,000 – (60,000  $5  .08  3) = $78,000.

    *116. d 60,000  $5  .08  3 = $72,000 > $63,000.

    *117. b 8%  $600,000 = $48,000 (current year)


    7%*  $600,000 = 42,000 (participating)
    $90,000
    *$300,000  8%  3 = $ 72,000 (preferred dividends)
    $600,000  8% = 48,000 (common current dividends)
    $120,000
    $183,000 – $120,000
    —————————— = 7%.
    $600,000 + $300,000

    *118. c Common Stock


    $500,000  6% = $30,000 (current year)
    $500,000  10%* = 50,000 (participating)
    $80,000
    *$135,000 – $30,000 – ($250,000  6% × 2) = $75,000

    $75,000
    ———— = 10%.
    $750,000

    *119. b $250,000 – ($500,000  8% × 2) = $170,000.

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