Answer:
Appropriation ($) balance = – $8,661,000
Encumbrance balance = $52,000
Expenditure balance = $818,000
Unexpended Appropriation Balance = – $7,791,000
Explanation:
Note: See the attached excel file for the appropriations, expenditures, and encumbrances ledger for the police department for the month of July.
Also note: In the excel file, the last balance in column for the Unexpended Appropriation Balance is the balance obtained in the Transaction e row since the balance in the row is cumulative.
The Code of Hammurabi was one of the earliest and most complete written legal codes, proclaimed by the Babylonian king Hammurabi, who reigned from 1792 to 1750 B.C. Hammurabi expanded the city-state of Babylon along the Euphrates River to unite all of southern Mesopotamia. The Hammurabi code of laws, a collection of 282 rules, established standards for commercial interactions and set fines and punishments to meet the requirements of justice. Hammurabi’s Code was carved onto a massive, finger-shaped black stone stele (pillar) that was looted by invaders and finally rediscovered in 1901.
Answer:
$1,291
Explanation:
The computation is shown below:
Per day allocation = $1,475 ÷ 360 days = 4.0972
Now the days of the seller is counted from January to October month i.e
= 10 months × 30 days
= 300 days
And, add the 15 days of November, so the total number of days is 315 days
So, the seller portion of the tax is
= 315 days × 4.0972
= $1,291
The calendar year started from January month and we take the same for the above calculation
Answer:
3,825.2 labor hours
Explanation:
Learning rate (Unit 1 and unit 2):
= Labor hour required for 2nd unit ÷ Labor hour required for 1st unit
= 1,200 ÷ 2,000
= 0.60
Learning rate (Unit 2 and unit 3):
= Labor hour required for 3rd unit ÷ Labor hour required for 2nd unit
= 1,130 ÷ 1,200
= 0.94
Average of learning rates = (0.60 + 0.94 ) ÷ 2
= 0.77
As per learning curve calculator the value of 77% for 6 units = 4.0776
Cumulative time = Factor × Time of first unit
= 4.0776 × 2,000
= 8,155.2
Hence,
Time for next three units:
= Cumulative time - Sum of the time of first, second and third unit
= 8,155.2 - (2,000 + 1,200 + 1,130)
= 3,825.2 labor hours should Simpson plan for.
Answer:
TurnBull's Weighted Average cost of capital is higher by 1.07% if the used common Equity to raised the capital.
Explanation:
First, using the WACC formula and using Retained earnings cost of Capital. we get the following outcome.
WACC = Debt W x after tax cost of Debt + Preferred Stock weight x Cost of capital + Equity W x Cost of Capital
WACC = 45% x 8.33% + 4% x 12.20% + 51% x 14.70% =
WACC = 3.75% + 0.49% + 7.50% = 11.73%
Second, using the WACC formula and using common equity cost of Capital. we get the following outcome.
WACC = Debt W x after tax cost of Debt + Preferred Stock weight x Cost of capital + Equity W x Cost of Capital
WACC = 45% x 8.33% + 4% x 12.20% + 51% x 16.80% =
WACC = 3.75% + 0.49% + 8.57% = 12.80%
Increase Cost using common equity over Retained earnings is (12.80% - 11.73% ) = 1.07%
