Answer:
The economy
Explanation:
The external environment refers to the outside factors that can affect an organization's operations. One of those factors is the economy as changes on things like exchange rates, interest rates and taxes can provide opportunities or create threats for a company. According to this, the answer is that this represents the influence of the economy in the external environment on the organization as the increase on the interest rates didn't allow the company to borrow the money to build the plant.
Duration of the project. from start to end
Answer:
Projects D and E should be purchased.
Explanation:
since the firm's capital structure is 60% debt and 40% equity, it can pursue up to 2 projects. Only projects D, E and F have an internal rate of return higher than the company's WACC, so project G is discarded immediately.
Since projects D and E have a higher IRR, they should be selected.
- project D: $70,000, IRR = 18%, debt = $42,000, equity = $28,000
- project E: $85,000, IRR = 15%, debt = $51,000, equity = $34,000
- total equity invested = $62,000
Answer:
a. $15,710
b. Journal entry
Explanation:
a. The adjusted balance on the bank reconciliation is shown below:
= Balance per bank + deposit in transit - outstanding checks
= $18,800 + $3,750 - $6,840
= $15,710
b. The journal entry is as follows
Bank service charges $20
To Cash $20
(Being the cash is paid is recorded)
We simply do the above calculations and the journal entry to record this transaction
Answer and Explanation:
The journal entry is given below;
Bad debts expense $16,880
To Allowance for doubtful accounts $16,880
(Being the bad debt expense is recorded)
The preparation of the current asset section of the balance sheet is presented below:
Cash $91,990
Accounts receivable $361,300
less:allowance for doubtful accounts-$16,880 $344,420
Merchandise inventory $189,180
Supplies $12,580
total current assets $638,170