Answer:
kendall company retained earning = $20100.
Retained earning (end) = $600.
Explanation:
Kendall company
Retained earning after post closing= retained earning before closing + Net income - Less dividend.
- Net income= Revenues - operating expense=22700-15100= $ 7600.
-Retained earning after post closing = 17100+7600-4600= $20100.
Packard company
year 1
1. Dr Cash 1450
Cr common stock 1450
2.Dr Cash 920
Loan payable 920.
3. Dr Unearned revenue 1100
Cr Revenue earned 1100.
4. Dr Expense 350
Cr Cash 350
5. Dr Dividend payable 150
Cr Cash 150.
As we know that:
Retained earning(end) = retained earning (open)+net income - dividend
= 0+ [1100-350]-150
= 750-150
= $600.
Answer:
11414.87205 units.
Explanation:
We have Underage cost cs to be $500
We have Overage cost Co to be $200
To get Critical fractile, we do this computation:
Cs/(Cs+Co)
500/(500+200)
500/700
0.714285714
Now the z score for this value,
normsinv(0.714285714)
= 0.565948821
To get what the question requires: mean+z-score*standard deviation
= 10000+(0.565948821*2500)
= 11414.87205 units
<u>please </u><u>note:</u><u> </u><u>I solved this without rounding the values.</u>
<u>We will have 10000+(0.57*2500)=11425 units</u><u> </u><u>if</u><u> </u><u>rounded</u>
When the Federal Open Market Committee allows treasury securities to be sold in the open market, the result is a) decreases the money supply.
<h3 /><h3>What happens when treasury securities are sold?</h3>
When treasury securities are sold by the FOMC of the Federal Reserve, people will buy those securities which means that the Federal Reserve gets that money.
As a result, the money supply in the economy will decrease as the amount of money in the economy will be reduced by the amount that went to the Fed.
In conclusion, when treasury securities are sold on the open market, this decreases the money supply.
Find out more on open market operations at brainly.com/question/14256204
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Answer:
Intervention
Explanation:
Structural change is defined as a change to corporate structure that can be as a result of internal or external factors and affects the mode of operation of the company.
Intervention are measures taken to improve organisation structure and processes.
It seeks to minimise negative effects and maximise effectiveness of the organisation.
This is the ideal stage for formal and organisational change to occur.
New systems can be put in place that will remove inefficiency in the business.
Answer:
Since the market value equals face value,coupon rate =yield is 75/1000=7.5%
That is 7.5% is before tax cost of floating the bonds
At tax rate of 30%,after tax cost of floating bond =7.5%*(1-30%)=5.25%
However,with a flotation cost of 2%,the before tax cost of flotation is calculated using below formula found in the explanation section.
((75+(1000-980)/25)/(980+1000)*2)=7.66%
Since tax rate remains 30%,the after tax cost of floating the bond with floating cost of 2% is: 7.66%*(1-30%)=5.36%
Explanation:
(Interest payment+((Par value-Net Proceds Value)/number of yr)/(Net Proceds+Par value)/2