Answer:
Georgia will establish a transfer price of $18, that is, $22 - $4 = $18.
Explanation:
Since the company has excess capacity, the transfer price should be variable cost. Georgia has a plan to reduce variable cost on internal transfers by $4. Thus, the appropriate transfer price is $22 - $4 = $18.
Solution:
Price per share
= Total Borrowing /No of shares repurchase
= 251,000 /21,500 = $ 11.67
Total Equity = (Shares outstanding-Shares repurchased) * Price per share
= (152,500 -21,500 )*11.67
= $1,274,095
Debt = $ 251,000
Value of the firm = Equity+Debt
= 1,274,095 + 251,000
= 1,525,095
Value of the firm = $1,525,095
The rites and rituals are considered to be ceremonies and
activities in which should be placed on the space provided because they are use
for occasions in a way of celebrating a specific group or organization that has
set an example above.
Answer:
Debit Supplies $350, credit Cash $350
Explanation:
The journal entry for the purchase of supplies is shown below:
Office supplies A/c Dr $350
To Cash A/c $350
(Being the office supplies are purchased for cash)
Since the office supplies are purchased for cash which means the supplies are increased and the cash balance is decreased.
That's why we debited the supplies account and credited the cash account.
Answer:
$15,178
Explanation:
Given that;
Sales = $45,797
Costs of goods sold = $16,134
S&A expenses = $11,481
EBITDA = Sales - cost of goods sold - S&A
= $45,797 - $16,134 - $11,481
= $18,182
Depreciation = $5,980
EBIT = EBITDA - Depreciation
= $18,182 - $5,980
= $12,202
Interest expense = $3,620
EBT = EBIT - Interest expense
= $12,202 - $3,620
= $8,582
Less tax at 35% $3,004
Net income = $5,578
Operating cash flow = EBIT + depreciation - tax
= $12,202 + $5,980 - $3,004
= $15,178
