Answer:
=$59,000.00
Explanation:
Original investments:
Xavier: $50,000.00
Yolanda $ 100,000.00
Allowances:
Xavier: $ 34,000.00
Yolanda : $ 26,000.00
Income at $120,000.00
Xavier allocation will be:
Calculating interest on the original investment
Xavier =20/100x $50,000.00 =$10,000.00
Yolanda=20/100 x$100,000.00 = $20,000.00
Total interest on original investments = $30,000.00
Total allowances = $34,000+$26000=$60,000.00
Shareable income= $120,000.00- ($30,000+$60,000)
= $30,000
each gets $15,000.00
Xavier will get $ 15,000 + $ 10,000 +$ 34,000
=$59,000.00
Answer:
Today, the Chinese own Armour and the famous Smithfield hams, together with the most quintessential American brand of all: Nathan's Famous hot dogs, with its iconic annual eating contest. ... It remains the largest total acquisition of a U.S. company by the Chinese.
Explanation:
Answer:
$1,560 and $0
Explanation:
According to the accrual method of accounting, the revenue should be recognized when it is realized or when the sale is made not when the cash is received
Since Digby delivers 104 units in April
So for the March income statement, the amount is
= 104 units × $15
= $1,560
And, for the April income statement, it would be zero as the total units order received in March only
Answer:
The WACC of the firm is 11.91%
Explanation:
The WACC or weighted average cost of capital is the rate of return that a business is expected to pay to all of its security holders- bonds, common stock, preferred stock- or is the cost of capital for the business.
To calculate the WACC, we use the following formula,
WACC = D/A * (1-tax rate) * rD + E/A * rE
Where,
- D/A and E/A is the weightage of debt and assets as a proportion of total assets
- rD * (1-tax rate) is the after tax cost of debt
- rE is the cost of equity or required rate of return on equity
We first need to calculate the required rate of return on equity (r). We will use the CAPM formula for r.
r = 0.034 + 1.37 * 0.082
r = 0.14634 or 14.634%
The total assets are equal to,
Assets = Debt + Equity
If for every $1 of equity, there is $0.45 of debt as given by debt-equity ratio.
Then,
Assets = 0.45 + 1
Assets = $1.45
WACC = 0.45/1.45 * (1-0.23) * 0.076 + 1/1.45 * 0.14634
WACC = 0.11908 or 11.908% rounded off to 11.91%
Answer:
A. True
Explanation:
Vision refers to what gives the organization a sense of purpose and a set of values that unite workers to achieve a common goal.
Leadership can be defined as the creation of vision for others to follow, establishing corporate values and ethics, and transforming the way an organization does business in order to improve effectiveness and efficiency.
Management on the other hand, can be defined as the process used to accomplish organizational goals through planning, organizing, leading, and controlling organizational resources. Management functions includes planning, controlling, directing, organizing, etc....
