Answer:
$1.86; $3.5
Explanation:
Total cost incurred:
= Cost received from departments + Addition of cost within its departments
= $10,000 + $27,200
= $37,200
Unit cost for materials:
= Total cost incurred ÷ equivalent units
= $37,200 ÷ 20,000
= $1.86
Total cost incurred:
= Cost received from departments + Addition of cost within its departments
= $10,000 + $53,000
= $63,000
Unit cost for Conversion:
= Total cost incurred ÷ equivalent units
= $63,000 ÷ 18,000
= $3.5
The answer is huckleberry.
source the Penn foster book
Answer:
b. The capital structure that minimizes the firm's weighted average cost of capital is also the capital structure that maximizes its earnings per share.
Explanation:
The optimal capital structure is estimated by calculating the mix of debt and equity that minimizes the weighted average cost of capital (WACC) while maximizing its market value. The lower the cost of capital, the greater the present value of the firm’s future cash flows, discounted by the WACC. Thus, the chief goal of any corporate finance department should be to find the optimal capital structure that will result in the lowest WACC and the maximum value of the company (shareholder wealth).
Answer:
In order to reduce taxable income and at the same time meet the customer's need for a large cash down payment, you should advice him to invest in stocks. The stock market generally yields high returns and since the customer is young, he can afford the risk. Also, and probably most important, capital stock gains are taxed at a much lower rate than interest income (vs investing in bonds).
Answer:
$300 debit balance
Explanation:
In business debit entries mean that the money is being added to the account, while credit entries means that the money is owed and is therefore being deducted from the account. Therefore, in this scenario the cash account has a $300 debit balance. This is because the credit entries are being subtracted from the debit entries (assuming that the account had a $0 initial balance). If we do the math we are left with $300 of debit.
$900 - $600 = $300
