Answer:
A.
DR Foreign Currency Transaction loss 1,000
CR Accounts Payable (SFr) $1,000
Explanation:
When the transaction was agreed on September 3, 20X8, the exchange rate was;
$0.85 : 1 franc
Therefore the $17,000 was valued at;
= 17,000/0.85
= 20,000 francs
When the transaction was paid for however, on October 10, the Franc had gained on the dollar by;
= 0.9 - 0.85
= $0.05
This means that the dollar got weaker by $0.05 so the company made a loss of
= 20,000 francs * 0.05
= 1,000 francs
This will be recorded as;
DR Foreign Currency Transaction loss 1,000
CR Accounts Payable (SFr) $1,000
Answer:
The WACC for this project is 10.605%
Explanation:
The WACC or the weighted average cost of capital is the weighted average return that the company is expected to pay its capital providers.The WACC is calculated by multiplying the cost of each component by their respective weights in the capital structure. The WACC is calculated using the following formula,
WACC = wD * (1-tax) * rD + wP * rP + wE * rE
Where,
- wD, wP and wE represents the weight of debt, preferred stock and common equity respectively as a proportion of total capital.
- rD, rP and rE is the cost of debt, preferred stock and equity respectively.
- The (1-tax) is used in debt component to calculate the after tax cost of debt
WACC = 750000/1708000 * (1-0.25) * 0.096 + 78000/1708000 * 0.107 + 880000/1708000 * 0.135
WACC = 0.10605 or 10.605%
A set of formalized rules and standards that describes what a company expects of its employees is called a code of ethics.
<h3>What is Ethics?</h3>
This refers to the code of rules that guides the behavior and actions of a person, both individually and within a group.
Hence, we can see that A set of formalized rules and standards that describes what a company expects of its employees is called a code of ethics.
Read more about code of ethics here:
brainly.com/question/24606527
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Answer: $0
Explanation:
We should note that based on the information given, Robert and Becca file jointly, therefore, their their capital gains tax be in the current year will be $0.
Assuming they filed separately, their capital gains tax be in the current year will be:
= 15% × ($28,000 - $17,000)
= 0.15 × $11000
= $1650.
But regarding the question, the answer is $0.