Answer:
Explanation:
To calculate the<em> tip</em> you must multiply the bill by the percentage and divide by 100.
This is:
- Tip = % tip × final bill / 100
- Tip = 20% × $92.50 / 100 = $18.50 ← answer
Then, Chav should leave $18.50 for a <em>20% tip.</em>
Also, notice that when you receive the bill you should find the total before taxes and calculate the tip over such total without taxes.
In this problem, you are only given the final bill, then you cannot discriminate the value of the meal as such so you use the total value of the bill.
It is false that evaluating an advertising campaign is the simplest part of the advertising process because the factors that determine the effectiveness of an ad are limited and clear.
Answer: Option B
<u>Explanation:</u>
To make a product famous that has been manufactured by a company, to make it reach to the consumers and to make them know about it, advertising is one of the most important elements. It focuses on the features, quality, prices etc of the product.
While evaluating the campaign of the advertisement, there are a lot many factors that are to be kept in mind by the company so that the consumers can know about the product.
Answer:
Option (B) 10.87%
Explanation:
Data provided in the question:
common stock outstanding = 30,000
Market price = $15.00
Issuing price of share = $31 per share
Total face value = $280,000
Selling price = 86% of par
Cost of equity, ke = 13%
After-tax cost of debt, kd = 6.9%
Beta = 1.48
Tax rate = 30%
Now,
Market value of debt, Md = Total face value × Selling price
= $280,000 × 86%
= $240,800
Market value of equity, Me = Stocks outstanding × Market price
= 30,000 × $15
= 450,000
Thus,
WACC = [ Kd × Md + Ke × Me ] ÷ ( Md + Me )
= [ 0.069 × $240,800 + 0.13 × $450,000 ] ÷ ( $240,800 + $450,000 )
= $75,115.20 ÷ $690,800
= 0.1087
or
= 0.1087 × 100%
= 10.87%
Option (B) 10.87%
Answer:
Cost of land = $519,000
Explanation:
<em>According to International Accounting Standards (IAS) 16, property plants and equipments, the cost of land includes all of the cost necessary to bring and make it ready for the intended use. </em>
<em>These costs include purchase cost, fees and commission associated with the purchase transaction. </em>
<em>Further more, included in the historical cost are the net demolition cost of old structure to prepare the land for use. Net cost here means cost of demolition less any incidental proceed from the old structure.</em>
Note that all the costs incurred by FVI as reported all fall into the above definition of cost of land.
Therefore the cost of the land would be
=460,000 + 26,000 + 1,600+ 5,400 + 26,000
= $519,000
