Answer: B.) 18.67%
Explanation:
WACC = Debt/(Depth +Equity)
Equity Details ;
Stock price = $15.25 per share
Total stock = 10,000,000
DEBT details :
Total bond = 40,000
Interest on bond = $875
WACC =(40,000×875) ÷ [(40,000 × 875)+(10, 000,000×15.25)]
WACC =[ 35,000,000 ÷ (35,000,000 +152500000) ]
WACC =35,000,000 ÷ 187500000
WACC = 0.18666666666666
WACC = 18.67%
The invesment that may be long term is retirement funds as it will only be used when the person that made that investment will get there money when they retire.
Answer:
Reversing entries are given below
Explanation:
The accountant would reverse the adjusting entries of the accrual of salaries payable and the accruals of interest receivable.
December 31, 2021 (To record interest receivable)
DEBIT CREDIT
Interest receivable [$115,000*8%*3/12] 2300
Interest revenue 2300
December 31, 2021 (To record salaries payable)
DEBIT CREDIT
Salaries expense 7550
Salaries payable 7550
January 1, 2022 (To reverse the entry recorded on December 31, 2021)
DEBIT CREDIT
Interest revenue 2300
Interest receivable 2300
January 1, 2022 (To reverse the entry recorded on December 31, 2021)
DEBIT CREDIT
Salaries payable 7550
Salaries expense 7550
Answer:
34%
Explanation:
Product cost using absorption costing:
Please note that under absorption costing, all manufacturing costs, whether fixed or variable, would be included in product cost'.
Unit product cost:
= Direct material cost per unit + Direct labor per unit+ Variable manufacturing overhead + Fixed manufacturing overhead
= $27 + $16 + $8 + ($216,000 ÷ 9,000)
= $27 + $16 + $8 + $24
= $75
Markup percentage on absorption cost
:
= [(Required ROI × Investment) + Selling and administrative expenses] ÷ [Unit product cost × Units sales]
= [(10% × $1,305,000) + ($3.00 × 9,000 + $72,000)] ÷ [$75 × 9,000]
= $229,500 ÷ $675,000
= 34%
This is not the reason why not support ethical relativism; Ethical
relativism holds that there is a right and wrong, even though we do not agree
about what is right and wrong and If people disagree about some moral matter,
their disagreement will always be due to their having different moral values.
