Answer:
<u>(b) discussion
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Explanation:
For example, historians believe that Magellan
Correct/Complete Question: Transfer of an order instrument by indorsement and delivery warranty liability to any subsequent holder who takes the instrument in good faith. True or False
Answer:
True
Explanation:
A warrant liability can also be called a borrower's liability and it is the responsibility incurred by a borrower on a borrowed instrument.
When an instrument is transferred to a borrower by indorsement, the borrower has the warrant liabilty extended to him. When the instrument transferred is not done with indorsement, only the lender has the warranty liability.
Cheers.
Answer:
Operating activities
Explanation:
The operating activities in the cash flow statement using the direct method derive that the cash receipts and the cash payment should be recorded under this activity.
Cash payment would be recorded when the purchase of merchandise is held
And cash received would be recorded when the sale of goods and services made to customers
And, the purchase of goods, sales of goods and services show in the income statement along with the expenditure to arrive at the net income i.e. shown in the operating activities
Answer:
WACC = 0.1018 or 10.18%
Explanation:
The WACC or Weighted average cost of capital is the cost of a firm's capital structure that can be made of one or all of the following components namely debt, preferred stock and common equity.
The formula to calculate is as follows,
WACC = wD * tD * (1- tax rate) + wP * rP + wE * rE
Where,
- w represents the weight of each component in capital structure
- r represents the cost of each component
- D, P and E represents debt, preferred stock and Common Equity respectively.
Cost of bond = 7%
Cost of preferred stock = 4/40 = 10%
<u>Cost of Common Equity : </u>
25 = 2 / (r - 0.07)
25 * (r - 0.07) = 2
25r - 1.75 = 2
25r = 2 + 1.75
r = 3.75 / 25
r = 0.15 or 15%
WACC = 0.4 * 0.07 * (1 - 0.4) + 0.1 * 0.1 + 0.5 * 0.15
WACC = 0.1018 or 10.18%
Answer:
A healthy 65-year-old couple retiring in this year will need close to $300,000 to cover health-care expenses, including Medicare Parts B and D, according to HealthView Services.