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2 years ago

7

The following Office Supplies account information is available for Nabors Company. Beginning balance $2,000 Office Supplies exp

ensed 8,000 Ending balance 1,000 From the above information, calculate the amount of office supplies purchased?

1 answer:

Pachacha [2.7K]2 years ago

7 0

Answer:

$7,000

Explanation:

Data provided in the question:

Beginning balance = $2,000

Office Supplies expenses = $8,000

Ending balance = $1,000

Now,

Let the amount of office supplies purchased be 'x'

Therefore,

Ending balance = Beginning balance + Purchases - Office Supplies expenses

or

$1,000 = $2,000 + x - $8,000

or

$1,000 = - $6,000 + x

or

x = $7,000

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This program will store roster and rating information for a soccer team. coaches rate players during tryouts to ensure a balance

Vedmedyk [2.9K]

Answer:

Explanation:

#include <iostream>

#include <vector>

using namespace std;

int main() {

vector<int> jerseyNumber;

vector<int> rating;

int temp;

for (int i = 1; i <= 5; i++) {

cout << "Enter player " << i

<< "'s jersey number: ";

cin >> temp;

jerseyNumber.push_back(temp);

cout << "Enter player " << i

<< "'s rating: ";

cin >> temp;

rating.push_back(temp);

cout << endl;

}

cout << "ROSTER" << endl;

for (int i = 0; i < 5; i++)

cout << "Player " << i + 1 << " -- "

<< "Jersey number: " << jerseyNumber.at(i)

<< ", Rating: " << rating.at(i) << endl;

char option;

'

while (true) {

cout << "MENU" << endl;

cout << "a - Add player" << endl;

cout << "d - Remove player" << endl;

cout << "u - Update player rating" << endl;

cout << "r - Output players above a rating"

<< endl;

cout << "o - Output roster" << endl;

cout << "q - Quit" << endl << endl;

cout << "Choose an option: ";

cin >> option;

switch (option) {

case 'a':

case 'A':

cout << "Enter a new player's"

<< "jersey number: ";

cin >> temp;

jerseyNumber.push_back(temp);

cout << "Enter the player's rating: ";

cin >> temp;

rating.push_back(temp);

break;

case 'd':

case 'D':

cout << "Enter a jersey number: ";

cin >> temp;

int i;

for (i = 0; i < jerseyNumber.size();

i++) {

if (jerseyNumber.at(i) == temp) {

jerseyNumber.erase(

jerseyNumber.begin() + i);

rating.erase(rating.begin() + i);

break;

}

}

break;

case 'u':

case 'U':

cout << "Enter a jersey number: ";

cin >> temp;

for (int i = 0; i < jerseyNumber.size();

i++) {

if (jerseyNumber.at(i) == temp) {

cout << "Enter a new rating "

<< "for player: ";

cin >> temp;

rating.at(i) = temp;

break;

}

}

break;

case 'r':

case 'R':

cout << "Enter a rating: ";

cin >> temp;

cout << "\nABOVE " << temp << endl;

for (int i = 0; i < jerseyNumber.size();

i++)

if (rating.at(i) > temp)

cout << "Player " << i + 1

<< " -- "

<< "Jersey number: "

<< jerseyNumber.at(i)

<< ", Rating: "

<< rating.at(i) << endl;

break;

case 'o':

case 'O':

cout << "ROSTER" << endl;

for (int i = 0; i < jerseyNumber.size();

i++)

cout << "Player " << i + 1 << " -- "

<< "Jersey number: "

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return 0;

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cout << "Invalid menu option."

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}

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4 0

1 year ago

It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization a

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Answer:

a. the rapid development of the Internet's capabilities.

Explanation:

It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and the rapid development of the Internet's capabilities.

Globalization can be defined as the process of developing technology, people, investments, informations, products in order to create international influences across cultures and national markets or borders. This makes it possible for various multinational enterprise or companies to break into different markets across world and compete effectively with other companies.

Also, the rapid development of the Internet's capabilities gives various companies the ability and privilege to technology and software applications to seamlessly meet the needs of customers over the web such as cloud computing services, Internet of things (IoT) etc.

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1 year ago

Masterson, Inc., has 4.1 million shares of common stock outstanding. The current share price is $84, and the book value per shar

Kitty [74]

Answer:

The answer is "8.37%".

Explanation:

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$=84 \times 4100000\\\\=344400000$

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$=1000 \times 70000 \times 0.98 \\\\=68600000$

$\text{MV of Bond2}=\text{Par value} \times \text{bonds outstanding} \times \text{age of percentage}$

$=1000 \times 50000 \times 1.08 \\\\=54000000$

$\text{MV of firm} = \text{MV of Equity} + \text{MV of Bond1}+ \text{MV of Bond 2}$

$=344400000+68600000+54000000\\\\=467000000$

$\text{Weight of equity W(E)} = \frac{\text{MV of Equity}}{\text{MV of firm}}$

$= \frac{344400000}{467000000}\\\\=0.7375$

$\text{Weight of debt W(D)}= \frac{\text{MV of Bond}}{\text{MV of firm}}$

$= \frac{122600000}{467000000}\\\\=0.2625$

Equity charges

By DDM.

$\text{Price = new dividend} \times \frac{(1 + \text{rate of growth})}{( \text{Equity expense-rate of growth)}}$

$84 = 3.95 \times \frac{(1+0.05)}{(\text{Cost of equity}- 0.05)}\\\\84 = 3.95 \times \frac{(1.05)}{(\text{Cost of equity} - 0.05)}\\\\84 = \frac{4.1475}{ (\text{Cost of equity} - 0.05)}\\\\\text{Cost of equity} -0.05 = \frac{4.1475}{84}\\\\\text{Cost of equity} -0.05 = 0.049375\\\\\text{Cost of equity} = 0.049375 + 0.05\\\\\text{Cost of equity} = 0.099375 \\\\\text{Cost of equity} \% = 9.9375 \% \ \ \ or \ \ \ 9.94 \% \\\\$

Debt expenses

Bond1

$K = N \times 2 \\\\$

$Bond \ Price = \sum [ \frac{\text{(Semi Annual Coupon)}}{(1 + \frac{YTM}{2})^k}] + \frac{Par\ value}{(1 + \frac{YTM}{2})^{N \times 2}}$

$k=1\\\\K =20 \times 2\\\\980 = \sum [ \frac {(5.1 \times \frac{1000}{200})}{(1 + \frac{YTM}{200})^k}] + \frac{1000}{(1 + \frac{YTM}{200})}^{20 \times 2}\\\\k=1\\\\\ YTM1 = 5.2628923903\\\\Bond2\\$

$K = N \times 2$

$Bond \ Price = \sum [ \frac{\text{(Semi Annual Coupon)}}{(1 + \frac{YTM}{2})^k}] + \frac{Par\ value}{(1 + \frac{YTM}{2})^{N \times 2}}$

$k=1\\\\K =12 \times 2\\\\$

$1080 =\sum [\frac{(5.6 \times \frac{1000}{200})}{(1 + \frac{YTM}{200})^k}] +\frac{1000}{(1 +\frac{YTM}{200})^{12 \times 2}} \\\\k=1\\\\YTM2 = 4.72\\\\$

$\text{Company debt costs} = YTM1 times \frac{(MV \ bond1)}{(MV \ bond1+MV \ bond2)}+YTM2 \times \frac{(MV \ bond2)}{(MV \ bond2)}\\\\$

The cost of the debt for the company:

$= 5.2628923903 \times \frac{(68600000)}{(68600000+54000000)}+4.72 \times \frac{(68600000)}{(68600000+54000000)}\\\\$

Business debt cost= $5.02 \% \\\\$

after taxation cost of debt:

$= \text{cost of debt} \times (1- tax \ rate)\\\\= 5.02 \times (1-0.21)\\\\= 3.9658\\\\$

$WACC= \text{after debt charges} \times W(D)+equity cost \times W(E) \\\\$

$=3.97 \times 0.2625+9.94 \times 0.7375 \\\\ =8.37 \% \\\\$

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