Answer:
The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%
Explanation:
total assets = common stock value + preferred stock value + debt
= 23000*57 + 6000*48 + 350000*102%
= 1956000
WACC
= (common stock value/total assets) * common stock rate of return
+ (preferred stock value/total assets) * preferred stock rate of return
+ (debt value/total assets) * yield to maturity of debt * (1-tax rate)
= (1311000/1956000)*14.2% + (288000/1956000)*7% + (357000/1956000)*8.49*(1 - 34%)
= 12.69%
Therefore, The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%
Answer:
b. $640,000
Explanation:
The computation of the ending inventory using the periodic inventory system is as follows:
But before that the ending inventory units is
= Beginning inventory units + purchased units - sold units
= 400 + 800 + 1,200 + 800 - 3,000
= 200 units
Now the ending inventory is
= 200 units × $3,200
= $640,000
hence, the ending inventory using the periodic inventory system is $640,000
Therefore the correct option is B
Answer:
The correct answer is: contribution margin income statement.
Explanation:
The contribution margin income statement organizes costs by behavior and not by function thus it is not used for financial reporting. The variable expenses are deducted from sales to be recorded at a contribution margin. Fixed expenses are subtracted from the net profit obtained at the end of the accounting period.
Answer: Option A
Explanation: In simple words, licensing refers to an official permit or authorization to do, use, or own something . A license may be given as a component of an agreement between certain groups by a party to some other party. A short-term license definition is "permission to use licensed content.
In general, regulators can issue a license to permit an operation that would otherwise be prohibited. It may involve a charge to be charged or a skill to be proven.
The provision may also serve to protect the authorities aware of a type of activity and provide them with the opportunity to establish terms and restrictions.
When the government institutes new measures in an attempt to limit inflation, the macroeconomic goal it is directly related to is <u>C. Stable Prices.</u>
<h3>What is a macroeconomic goal?</h3>
A macroeconomic goal is an achievement that an economy attains in order to maximize the standard of living of the people and achieve stable economic growth.
There are four macroeconomic goals, including:
- Economic Growth
- Economic Stability
- Full employment
- Stable financial market.
The macroeconomic goals are supported by the following objectives:
- Minimizing unemployment
- Increasing productivity
- Controlling inflation.
<h3>Answer Options:</h3>
A. Equity
B. Efficiency
C. Stable Prices
D. Full Employment
Thus, when the government institutes new measures in an attempt to limit inflation, the macroeconomic goal it is directly related to is <u>C. Stable Prices.</u>
Learn more about macroeconomic goals at brainly.com/question/19098930
