Nurse is an example of that
Answer:
$12,300
Explanation:
I will assume that Joseph invested in the fund on July 14, 2013.
We have to calculate the future value to March 15, 2014 (8 months later).
since the interest is compounded semi annually, it will earn interest on January 14, 2014.
Future value = $12,000 x (1 + 2.5%) = $12,300
since the fund is going to earn interests again on July 14, 2014, the value on march 14 is the same = $12,300
Answer:<em>True cost = 
</em>
<em>= 
</em>
<em>= $ 13,669,821.2</em>
Explanation:
Given :
Debt-Equity ratio = 0.55
Flotation cost for new equity = 6%
Flotation cost for debt = 3 %
∴ To compute the weighted flotation cost , we'll use the following formula:
Weighted Flotation cost =![\left [ \frac{1}{1+Debt-Equity ratio}\times Flotation cost of equity \right ] + \left [ \frac{Debt-Equity ratio}{1+Debt-Equity ratio}\times Flotation cost of debt \right ]](https://tex.z-dn.net/?f=%5Cleft%20%5B%20%5Cfrac%7B1%7D%7B1%2BDebt-Equity%20ratio%7D%5Ctimes%20Flotation%20cost%20of%20equity%20%5Cright%20%5D%20%2B%20%5Cleft%20%5B%20%5Cfrac%7BDebt-Equity%20ratio%7D%7B1%2BDebt-Equity%20ratio%7D%5Ctimes%20Flotation%20cost%20of%20debt%20%5Cright%20%5D)
= ![\left [ \frac{1}{1+0.55}\times 0.06 \right ] + \left [ \frac{0.55}{1+0.55}\times 0.03 \right ]](https://tex.z-dn.net/?f=%5Cleft%20%5B%20%5Cfrac%7B1%7D%7B1%2B0.55%7D%5Ctimes%200.06%20%5Cright%20%5D%20%2B%20%5Cleft%20%5B%20%5Cfrac%7B0.55%7D%7B1%2B0.55%7D%5Ctimes%200.03%20%5Cright%20%5D)
= 0.0387 + 0.0106
= 0.04934 or 4.93%
The true cost of building the new assembly line after taking flotation costs into account is evaluated using the following formula :
True cost =
=
= $ 13,669,821.2
Answer: The following would the accountant do related to the compilation engagement: <u><em>Issue a compilation report even though review procedures were performed on the engagement.</em></u>
Under Statements of Standards for Accounting and Review Services (SSARS), the accountant decided to perform some analytical procedures.
<u><em>Therefore, the correct option is (d)</em></u>
The accounting rate of return for this investment given its income, cost of the machine and the salvage value is 8.05%.
<h3>What is the accounting rate of return?</h3>
The accounting rate of return is a capital budgeting method used to determine the level of profitabiliy of an investement.
Accounting rate of return = Average net income / Average book value
Average book value = (cost of equipment - salvage value) / 2
Average book value = (59700 - 7500) / 2 = $21,600
Accounting rate of return = $2100 / 21600 = 8.05%
To learn more about Accounting rate of return, please check: brainly.com/question/13034173
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