Answer:
The beginning raw materials inventory balance is $10,900
Explanation:
In this question, we apply the formula ending balance of raw material which is shown below:
Ending balance of raw material = Beginning balance of raw material + purchase of material - material requisitions
$24,900 = Beginning balance of raw material + $58,600 - $44,600
$24,900 = Beginning balance of raw material + $14,000
So, the beginning balance of raw material
= $24,900 - $14,000
= $10,900
Answer:
C. Can have a large influence on survey results.
Explanation:
Several public opinion polls conducted in America have shown that subtle differences in the way questions are worded can largely influence the results of the survey.
An example, was a public opinion poll on free speech conducted in the year 1970. Different wordings of the questions asked, produced remarkable differences in the response from respondents.
This challenge can be overcome by asking the questions in a rotational manner, or dividing the questions into two parts. Respondents are divided into two groups who are administered the questions respectively.
Answer:
The firm's WACC will be "8.04%".
Explanation:
The given values are:
Yield of maturity,
= 7.75%
Rate of tax,
= 40%
Next year's dividend,
= $o.65
Growth,
= 6%
Share price,
= $15
Flotation cost,
= 10%
Now,
= 
On substituting the values, we get
= 
= 
The 
will be:
= 
= 
= 
= 
hence,
The firm's WACC will be:
= 
= 
= 
= 
%
Answer:
$308,000
Explanation:
On this note, only the Interest expense is recorded under cash flow from operations section of the cash flow statement.
Thus we need to determine the interest expense first :
Interest expense = $308,000 ($4.4 million x 7%)
