Which careers rely heavily on hard skills?

Room and Board has determined that $41,650 is the break-even level of earnings before interest and taxes for the two capital str

ipn [44]

Answer:

Interest rate on debt is 12.40%

Explanation:

Since break-even EBIT $41,650 , the equation of the two capital structure can be written as below:

EPS under the first capital structure=EPS under the second capital structure

Generally EPS =EBIT/weighted average number of shares in an all equity financed structure like the first one

EPS=EBIT-(debt*interest rate)/weighted average number of shares in a mixed capital structure

$41,650/15,500=$41,650-($65000*interest rate)/12,500

by cross multiplication

41,650/15,500*12,500=41650-(65000*interest rate)

33588.71=41650-(65000*interest rate)

65000*interest rate=41650-33588.71

interest rate=(41650-33588.71)/65000

interest rate=12.40%

6 0

3 years ago

A country has constant opportunity cost of production. If they devote all of their resources to the production of blankets they

Zigmanuir [339]

Answer: 2.75 blankets.

Explanation:

The opportunity cost is the value of a good that is sacrificed by choosing some other alternative. So, there are certain costs associated with the consumption of some goods.

In our case,

Opportunity cost of producing 1 shirt = $\frac{810}{294}$

= 2.75 blankets

Opportunity cost of producing 1 shirt is 2.75 blankets which means that 2.75 blankets have to be foregone to produce 1 shirt.

7 0

3 years ago

To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for, Multiple choice question

EleoNora [17]

To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for;

Rent expense is debited, prepaid rent is credited

<h3>Prepaid rent account</h3>

A prepaid rent account simply a current asset account that's responsible for reporting the amount of future rent expense that was paid in advance of the rental period.

On this note, the amount reported on the balance sheet is the amount that has not yet been used or expired as of the balance sheet date.

Read more on prepaid rent account;

brainly.com/question/1202504

6 0

2 years ago

How do objectives make it more likely that you will reach your goals?

Bad White [126]

Answer:

C seems the most reasonable

3 0

3 years ago

Read 2 more answers

Barbara Smith is an employee of Allied Manufacturing Company. She has an 8-hr workday and each day is paid $0.60 for each unit p

MariettaO [177]

Answer:

$309

Explanation:

The computation of the gross earning for the week is as follows:

Given that

Payment of $7.15 × 8 = $57.2 or payment of each unit produced whichever is greater

On monday

= 90 units × $0.60

= $54

But the greater is $57.2

On tuesday

= 114 units × $0.60

= $68.4

On Wednesday

= 82 units × $0.60

= $49.20

But the greater is $57.2

On thursday

= 112 units × $0.60

= $67.20

On friday

= 98 units × $0.60

= $58.80

Now the earnings for the last week is

= $57.20 + $68.4 + $57.20 + $67.20 + $58.80

= $308.80

= $309

8 0

3 years ago