Answer:
Fair Credit Reporting Act is the correct answer.
Explanation:
The weighted average cost of capital is determined by dividing the weighted average after-tax cost of debt by the weighted average cost of equity. Option C. This is further explained below.
<h3>What is WACC?</h3>
Generally, A company's WACC is determined by calculating the cost of each kind of capital (debt and equity) by the market value weight assigned to that source of capital, and then summing the results.
In conclusion, It is calculated by dividing the weighted average after-tax loan costs by the weighted average equity costs, and the weighted average cost of capital is the result.
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Answer:
The amount of Supplies Expense for the accounting period is $9,000
Explanation:
The computation of the supplies expense is shown below:
= Beginning balance of office supplies + purchase of office supplies - office supplies on hand
= $6,000 + $5,000 - $2,000
= $9,000
The journal entry is shown below for better understanding:
Supplies Expense A/c Dr $9,000
To supplies A/c $9,000
(Being supplies expense is adjusted)