Answer:
Jessica should utilize the advice offered by Alison to edit her presentation slides, removing unnecessary details.
Explanation:
Editing the presentation will enable Jessica to get rid of unnecessary and unwanted stuff. It will also ensure that the presentation is error-free and achieves grammatical accuracy. Presentation slides should not be detailed since the required details are usually given during the proper presentation.
Answer:
debt-equity ratio results in the lowest possible weighted average cost of capital.
Explanation:
The debt equity ratio measures how well a business's equity can account for its debt.
Weighted average cost of capital is referred to as a business's cost of capital and is the rate a company is expected to pay to its shareholders.
When the debt equity ratio results in the lowest weighted average cost of capital, it indicates that the cost of finding for the company is low. This is the optimal and least expensive capital structure.
Answer:
The buyer can sue for specific performance of the contract. In real estate, in order for the buyer to be able to sue for specific performance, he/she must have all the money (or mortgage) ready to finish the transaction. It is very difficult for someone to sue for damages for not wanting to complete the sale of a house because houses are unique in a way that similar houses in different neighborhoods or even streets might be worth a lot more or less.
When you sue for specific performance, the non-breaching party will request that the other party performs their side of the contract.
Answer:
option b) -0.35%
Explanation:
For tax rate = 40%
After after-tax cost of debt = cost of debt × ( 1 - Rate )
= 7% × ( 1 - 0.40 )
= 4.20%
For tax rate = 45%
After after-tax cost of debt = cost of debt × ( 1 - Rate )
= 7% × ( 1 - 0.45 )
= 3.85%
Therefore, the change in cost of debt = 3.85% - 4.20% = -0.35%
Hence,
Correct answer is option b) -0.35%
Answer:
$171,619.20
Explanation:
The computation of the budgeted accounts payable balance at the end of November is shown below:
= Budgeted cost of raw materials purchases in November × following month percentage
= $286,032 × 60%
= $171,619.20
As 40% is paid in the month of purchase whereas 60% is paid to the following month. So, we recognized 60%, not 40%
