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3 years ago

All the following are benefits of having a budget except _____.

1 answer:

3 0

E. Making your money grow.

Budgeting can make it seem like you have more money sometimes because you probably aren’t spending it on as many things that you don’t need, but it doesn’t actually grow your finances.
Budgeting is setting out certain amounts of money for different parts of your life. For example, you get to spend $200 on food each month, and $50 on things you want, etc.

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Accessory Industries has 2 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 100

Natalija [7]

Answer:

Equity is 0.29

Debt is 0.64

Preferred stock 0.07

Explanation:

WACC=Ke*E/V+Kd*D/V*(1-t)*Kp*P/V

However, the requirements of the question is weights of the bonds,equity and preferred stock which are E/V,D/V and P/V respectively

E is the value of equity=2,000,000*$22=$44,000,000

D is the value of debt =100,000*$1000*96%=$96,000,000

P is the value of prefered stock=1,000,000*$10.50=$10,500,000

Total firm's finance(V) $150,500,000

E/V=$44,000,0000/$150,500,000=0.29

D/V=$96,000,0000/$150,500,000=0.64

p/v=$10,500,000/$150,500,000=0.07

4 0

2 years ago

Read 2 more answers

On january 1, 2013, a company sold a piece of equipment for $30,000 which it had used for several years. the equipment had cost

Tema [17]

Book value on the date of disposal
Cost of the equipment - accumulated depreciation
45000-20000=25000

Gain on disposal of the equipment
Proceeds from sales - book value on the date of disposal
30000-25000=5000

The amount of gain on disposal (5000) is reported under “Other revenues and
gains” section of the income statement which increase the profit which transferred into shareholders equity. Also, the account of the equipment will be zero

So the answer is d

Hope it helps!

3 0

3 years ago

General Mills conducted focus groups to collect and interpret data to gain insights into customer preferences and loyalty. Which

svp [43]

Answer:

The correct answer is (C)

Explanation:

It is very important to understand what consumers want and what they expect from a brand. In order to understand costumer’s preferences and loyalty, various techniques are used from questionnaires to interview. General mills conducted focus groups and estimated the results to better understand customer’s insight by asking various questions related to preferences, taste and expectations.

8 0

3 years ago

Of the automobiles produced at a particular plant, 40% had a certain defect. suppose a company purchases five of these cars. wha

Stells [14]

The expected value for the number of cars with defects can be obtained by multiplying the probability of success (i.e. the percentage of products with defects - 40%) by the number of cases (i.e. the number of cars purchased – 5).

40 / 100 X 5 = 2

Therefore, the expected value for the number of cars with defects will be the percentage of products with defects is 2

6 0

3 years ago

1. Jones files a lawsuit against BigMoney, LLC, a brokerage firm registered with the Securities and Exchange Commission. In the

tester [92]

Answer:

Jones is right in this lawsuit

Explanation:

Arbitration is the process by which disputes are settled between parties. When there is a disagreement between parties an arbitrator comes in to give a fair and unbiased view of the situation.

A solution that is agreed to by all parties is agreed upon to settle.

In this scenario where Jones is filing a lawsuit against BigMoney LLC for violating the Securities Exchange Act by engaging in fraudulent excessive trading, this is a violation of the law and not a dispute between parties.

So the arbitration clause is is not binding and the arbitration clause should be nullified.

5 0

3 years ago