<span>The survey and subsequent information this research would glean is called primary data. Primary data are different information and facts which are needed for a research and the data came from first-hand contributor or experiences. The primary data can be from interviews.</span>
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: Requitred units =34,285.7 units
Explanation:
GIVEN
Total Per Unit Sales
$ 300,000 $ 10
Variable expenses 180,000 <u> $6 </u>
Contribution margin 120,000 $ 4
Fixed expenses 100,000
Net operating income $ 20,000
New selling price=Old price - prosed price
=$10-$0.5 = $9.5
Revised contribution margin= Selling price-Variable costs
= $9.5-$6=$3.5
Proposed Contribution margin=Net operating income + Fixed expenses.
=(100,000 +20,000)= $120,000
Required units to be sold=Proposed Contribution margin/Contribution margin per unit
= $120,000/$3.5
=34,285.7 units
Answer:After-tax cost of debt capital = 4.78%
Explanation:
Cost of debt (After-tax):
=
(1 – tax rate)
Where,
= After tax cost of debt
F = Floatation cost
= Net proceeds
Net proceeds = Bond face value ± Premium or Discount
Net proceeds: $ 1000 - $ 15 = $ 985
Flotation cost = $ 36
Tax rate 34% or 0.34
Hence, after tax cost of debt =
(1 - 0.34)
= 4.778 % (approx.)
i.e. 4.78%