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iren2701 [21]
3 years ago
14

The following is a partial trial balance for the Green Star Corporation as of December 31, 2018:

Business
1 answer:
devlian [24]3 years ago
3 0

Answer:

See the explanation below

Explanation:

See the images including earnings per share and net income under both single-step and multiple-step income statements.

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Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p
julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

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

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

6 0
3 years ago
Geneva receives high praise from her boss when she attracts a new client to her firm. this praise leads geneva to work hard to o
AysviL [449]
<span>This was a form of positive reinforcement. She has been conditioned to work harder when she receives the praise, because she enjoys hearing this from her superiors. When the reward is given to her, the cycle continues: more praise leads to harder work, which leads to even more praise.</span>
4 0
3 years ago
On July 1, Year 4, Pell Co. purchased Green Corp. 10-year, 8% bonds with a face amount of $500,000 for $420,000. The bonds are c
Kruka [31]

Answer:

<em>Options Include:</em>

A. $20,000

B. $16,800

C. $18,200

<em>D. $21,800 is Correct</em>

Explanation:

Interest income for a bond provided at a discount is equal to the total of both the periodic cash flows as well as the value of the amortized bond discount during the interest duration.

Periodic cash flows are equivalent to $20,000 ($500,000 death benefit multiply by 8 percent coupon rate multiply 1/2 year). The amortization for the discount is provided as $1,800.

<em>Income for the six-month period from July 1 to December 31, Year 4, is therefore $21,800 ($20,000 + $1,800).</em>

6 0
3 years ago
: ____ refers to all of the pay and benefits provided to employees for the completion of work.
steposvetlana [31]
The answer is total compensation. 
5 0
3 years ago
A company uses the weighted average method for inventory costing. During a period, Department B finished and transferred 54,000
kolbaska11 [484]

Answer:

Equivalent Units = 61,200

Explanation:

The transferred units, means they complete their process, so move out and count as 100%

The ending WIP will be compute for their completion percent.

54,000 Transferred out

12,000 x 60% 7,200 equivalent

Equivalent Units = 61,200

3 0
3 years ago
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