All categories

4 years ago

Which of the following statements is CORRECT?

Business

1 answer:

vovikov84 [41]4 years ago

5 0

Answer:

Suppose a firm has been losing money and thus is not paying taxes, and this situation is expected to persist into the foreseeable future. In this case, the firm’s before-tax and after-tax costs of debt for purposes of calculating the WACC will both be equal to the interest rate on the firm’s currently outstanding debt, provided that debt was issued during the past 5 years.

You might be interested in

Accrued Product Warranty Fosters Manufacturing Co. warrants its products for one year. The estimated product warranty is 3% of s

Ksju [112]

Answer:

Warranty Expenses $6,330 (debit)

Provision of Warranty Expense $6,330 (credit)

Provision of Warranty Expense $240 (debit)

Raw Materials : Parts $170 (credit)

Labor $70 (credit)

Explanation:

Entry to record the warranty estimate for the year :

Hint : Recognize an Expense : Warranty Expenses and a Liability : Provision of Warranty Expense

Warranty Expenses $6,330 (debit)

Provision of Warranty Expense $6,330 (credit)

Warranty Expenses Calculation = $211,000 × 3% = $6,330

When customer received warranty cost

Hint : Utilize the Provision that had been previously recognized.

Provision of Warranty Expense $240 (debit)

Raw Materials : Parts $170 (credit)

Labor $70 (credit)

3 0

3 years ago

Bacchus, Inc. is a large, multinational corporation with various business units around the world. After a fire destroyed the cor

almond37 [142]

Answer:

The correct answer is (C)

Explanation:

Business coherence or continuity is an association's capacity to guarantee tasks and centre business capacities are not seriously affected by a disaster or spontaneous occurrence that takes basic frameworks disconnected. Business continuity arranging is the interdepartmental procedure regularly drove by data innovation, of actualising the strategies used to re-establish ordinary business in a set measure of time, characterise the measure of information misfortune worthy to the business, and impart basic data to authoritative partners during and following occurrences.

5 0

3 years ago

write a sentence that gives the name of the first web page you visited and one fact about your career you learned there. Write a

Norma-Jean [14]

anwser Write a sentence that gives the name of the second web page you visited and one fact about your career you learned there. Write another sentence about how you knew the website was trustworthy.The second website I chose was. The military was something I’ve always thought about joining and I felt like this was the branch to go with. One fact I learned while on their website was that the Marines were the first to enter battle when war is in effect.It’s obvious that the website was trust worthy since, well, it was the Marines’ website. Write a sentence that gives the name of the third web page you visited and one fact about your career you learned there. Write another sentence about how you knew the website was trustworthy.The last website I chose for this assignment was. I’ve always been good at coming up with my own voices and impressions and this website helps find you auditions for roles. This website has been around since 2009 and it’s still growing. Oneite resting fact I learned about voice acting is that it’s not as easy as it seems to act AND to find roles. One way I found out that the website was trustworthy was that famous voice actors use this website as well, such as Sean Schemmel or Chris Sabbat.

Explanation:

hope this helps

5 0

3 years ago

Kragan Clothing Company manufactures its own designed and labeled athletic wear and sells its products through catalog sales and

aev [14]

Answer:

1. $276,500

2. $328,950

Explanation:

1. Computation for the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March using the traditional product costing system

Traditional product costing = $395,000 * 70%

Traditional product costing = $276,500

Therefore the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March using the traditional product costing system is $276,500

2. Computation for the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March using activity-based costing

Activity based costing :

Sales commissions ($940,000*$0.05) $47,000

Advertising - TV (230*$300) $69,000

Advertising - internet (2,000*$10) 20,000

Catalogs (62,400*$2.50) $156,000

Cost of catalog sales (8,750*$1) 8,750

Credit and collection ($940,000*$0.03) $28,200

Selling cost $328,950

Therefore the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March using activity-based costing is $328,950

6 0

3 years ago

Lifetime sells softball equipment. On November 14, they shipped $3,000 worth of softball uniforms to Palos Middle School, terms

Firdavs [7]

Answer:

The correct answer is $2,700.

Explanation:

According to the scenario, the computation of the given data are as follows:

Sell uniforms = $3,000

Sale return = $300

received order to produce in December = $1,800

So, we can calculate the net account receivable in November by using following formula:

Net account receivable = Sales in November - Sales return in November

By putting the value, we get

= $3,000 - $300

= $2,700

7 0

3 years ago