Indicators that the local currency is also the functional currency include all of the following except the parent typically provides the financing or provides a guarantee.
A functional currency is one that is utilized in the main economic setting in which a company conducts business. This is the setting in which an entity generates and spends money most frequently. When defining the functional currency of an entity, the following key considerations should be taken into account:
The principal currency influencing retail prices (usually the currency in which prices are denominated and settled).
The money of the nation whose laws and competition have the biggest impact on retail pricing.
The principal currency affecting labor expenses and other costs of goods sold (usually the currency in which prices are denominated and settled).
The currency in which an entity keeps its operating receipts and the currency in which debt and equity instruments are issued are less important deciding factors.
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Answer:
Benefits that are of most prominent incentive to the employees and to the organization are as per the following:
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The employees are obligated to get benefits that are variable and are a piece of salary bundle. These can incorporate house lease remittance, travel recompense, training stipend and advancement of the worker youngster and so forth.
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Health, life and handicap benefits likewise to be incorporated into the salary. Phone recompense if the activity requires making a great deal of calls to different clients.
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The firm ought to likewise give paid leaves and occasions to the employees to reproduce and revive their psychological capacity.
Answer:
$756,000
Explanation:
Allowance for Bad Debts opening ($24,000)
Allowance for Bad Debts Closing $780,000
(13,000,000)*6%
Allowance Bad Debt Expense for the year $756,000
Answer:
9.73%
Explanation:
the market value of equity = 10,000,000 stocks x $15 = $150,000,000
the market value of debt = 40,000 bonds x $1,150 = $46,000,000
total = $196,000,000
weight of equity = 0.7653
weight of debt = 0.2347
Re = 3.5% + [1.35 x (0.115 - 0.055)] = 0.035 + 0.081 = 0.116
cost of debt = ytm = {36.25 + [(1,000 - 1,150)/40]} / [(1,000 + 1,150)/2] = (36.25 - 3.75) / 1,075 = 32.50 / 1,075 = 0.03023 x 2 = 0.0605
after tax cost of debt = 0.0605 x (1 - 40%) = 0.0363
WACC = (0.116 x 0.7653) + (0.0363 x 0.2347) = 0.09729 = 9.73%
Answer:
UMMM ID.KK.KK I think B????
Explanation:
