Answer:
Dr cash $3 914 000 Cr bond premium $114 000 cr Bonds payable $3800000
Explanation:
Bond sold at a premium
$3800000(103%)=$3 914 000
Bond premium =Bond sold at Premium-Par value bonds
$3 914 000-$3 800 00=$114 000
then the par value bond =$3800000
Answer:
6.57%
Explanation:
The WACC formula is really easy you just have to calculate the weights of the debt or equity whatever is given in the question and then multiply it by the percentage of borrowing given. The total borrowing in this question is 12000(4911+4305+2784).
WACC for this question will be calculated as:
=> (4911/12000)*0.04 + (4305/12000)*0.06 + (2784/12000)*0.12
=> 0.0657
=> 6.57%
Hope this helps,
Goodluck buddy
Answer:
a. current asset
Explanation:
The merchandise inventory are the goods the business sales as their main operation. They are expected to be ready to sale therefore, ready to be converted to cash within the period, therefore will be current assets.
Unless the company do an specific mention and a certain amount of goods that will expected to be sold in a period of time greater than a year, all merchandise inventory will be current. These specific units will be considered non-current as their are expecteed to be converted to cash i na period greater than 1 year.
A
Explanation:
Because the judgement of executives does not adequately factor into a mathematical equation. it's like a judgement call only whereas the others can be used in an equation manner
Answer:Supervisors who allow their rating in one area to influence their rating in another area on performance appraisals are susceptible to the <u><em>Halo effect.</em></u>
<em>Under halo effect the evaluator lets one or two feature of the appraisal or behavior of the worker unduly influence all other characteristic of the worker's performance. </em>
<u><em>Therefore in this case the correct option is (c).</em></u>