Based on the amount of debt and equity that Little LampLighter has, the weighted average rate of return would be 12.3%.
<h3>What is the weighted average rate of return?</h3>
First find the total value of debt and equity:
= 10 + 25
= $35 million
The weighted average return is:
= (10 / 35 x 8%) + (25 / 35 x 14%)
= 2.286% + 10%
= 12.3%
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Answer:
1. b.Excess Supply
2. e.Equilibrium Quantity
3. c.Equilibrium
4. a.Equilibrium Price
5. d.Excess Demand
Answer:
Following are the solution to this question:
Explanation:
Please find the complete question and its solution in the attached file.
Answer:
Inventory balance will be of 73,318
Explanation:
Inventory 75,400
Account payable 75,400
to record goods received
Account payable 1,300
Inventory 1,300
to record return of goods
Inventory 700
Cash 700
to record payment of freight
Account Payable 74,100
Inventory 1,482
Cash 72,618
to record payment of invoice within discount period
75,400 - 1,300 = 74,100
74,100 x 2% = 1,482
Inventory balance:
<em> DEBIT CREDIT</em>
75,400
1,300
700
1,482
<u><em>balance: </em></u>
73,318
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