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4 years ago

11. When looking for capital, bankers and other lenders will usually feel most comfortable investing in a/an

1 answer:

5 0

C) because lenders can evaluate their risk more easily using existing data on how that business has already been performing.

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_____________uses the cloud platform to enable organizations not only to unite around business processes but to gather cloud dat

kupik [55]

Answer:

SaaS ERP

Explanation:

ERP solutions are created to ensure one single source of data truth. With the help of SaaS-based solutions, this function comes to another level by expanding the ERP ecosystem out to mobile devices using modern interfaces that fuel productivity.

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4 years ago

A company has preferred stock that can be sold for $21 per share. The preferred stock pays an annual dividend of 3.5% based on

NeX [460]

Answer: Therefore, the cost of preferred stock is 17.72%.

Given:

Selling price (preferred stock) = $21

Annual dividend = 3.5%

Flotation costs = $1.25

We can compute the cost of preferred stock as:

$cost \ of \ preferred \ stock = \frac{annual \ dividend}{( Price\ of \ stock - Flotation\ costs )}\\$

Cost of preferred stock = 3.5 / ($21 - $1.25)

Cost of preferred stock = 17.72%

The correct option is (b)

3 0

3 years ago

Read 2 more answers

Bantam company calculated its net income to be $38,775 based on the unadjusted trial balance. The following adjusting entries we

Goryan [66]

Answer:

the amount of net income or loss is $39,285

Explanation:

The computation of the amount of net income or loss is shown below:

= Net income + interest earned + unearned revenue - salaries & wages - prepaid insurance

= $38,775 + $375 + $805 - $395 - $275

= $39,285

hence, the amount of net income or loss is $39,285

The same should be considered and relevant

5 0

3 years ago

The lowest tier of the federal court system is the:

igomit [66]

I believe the lowest tier is District Court.

5 0

3 years ago

Kennedy Company reports the following costs and expenses in May.

mamaluj [8]

Answer:

a. $161,350

b. $398,050

c. $81,140

Explanation:

Total amount of manufacturing overhead

Factory utilities $16,500

Depreciation on factory equipment $12,650

Indirect factory labor $48,900

Indirect materials $70,800

Factory manager's salary $8,000

Property taxes on factory building $2,500

Factory repairs $2,000

Total $161,350

Note : Manufacturing Overheads are Indirect Manufacturing Costs that can not be easily traced to the Product being manufactured.

The total amount of product costs

Direct materials used $157,600

Direct labor $79,100

Manufacturing Overhead $161,350

Total $398,050

Note : Product Costs are Direct Manufacturing Costs that can be easily traced to the Product being manufactured.

The total amount of period costs

Depreciation on delivery trucks $3,800

Sales salaries $48,400

Repairs to office equipment $1,300

Advertising $23,000

Office supplies used $4,640

Total $81,140

Note : All Non Manufacturing Costs are Period Cost. Period Costs are expensed in the Income Statement.

4 0

3 years ago