Answer:
(23-16.97)*x=18630
6.03x=18630
x=3089.55
so they need to sell at least 3090 units
Explanation:
Answer:
A) $200,000 to Jack
Explanation:
Jack is the primary beneficiary to his late wife's life insurance policy and since he is still alive, so he should get the whole $200,000.
His daughters, Mimi and Ann, are the contingent beneficiaries. That means that in case Jack had died before his wife or he was incapacitated for some reason, then they would have become the beneficiaries of the insurance policy (and each would have received $100,000).
Answer: C) automatically considered because the after-tax cost of debt is included within the WACC formula.
Explanation:
When calculating the Weighted Average Cost of Capital (WACC) for a levered firm, the interest tax shield is included because the cost of debt used is adjusted for tax as shown below:
<em>= (Weight of debt * </em><em>Cost of debt( 1 - tax rate) )</em><em> + (Weight of equity * cost of equity)</em>
As shown above, the interest tax shield is already implicit in the formula so there is no need to adjust the levered firm for an interest tax shield as this would lead to double-counting.
Solution:
The cash dividend is cash or assets generally paid into the current income of the company to the shareholders. All dividends are to be declared by the executive board and whether the payment for the dividend should remain identical.
Ending Retained Earnings= Beginning Retained Earnings + Net Income - Dividends
( Beginning and Ending Retained Earnings are given in question )
$688,000 = $582,000 + $175,000 - Dividends
$688,000 = $757,000 - Dividends
Dividends = $757,000 - $688,000
Dividends = $69,000
Answer: A)Variable overhead spending variance
Explanation:
The Variable Overhead spending variance shows the difference between the amount that was spent and the amount that should have been spent on a variable overhead.
In so doing it shows the variable overhead that should have been saved (incurred) due to efficient (inefficient) use of resources because a favorable (unfavorable) variance would mean that the company outperformed (underperformed) their estimates by being more efficient (inefficient).