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Tpy6a [65]
3 years ago
5

For the year ended december​ 31, 2019, davidson mart had sales of​ $800,000 and cost of goods sold of​ $600,000. davidson estima

tes that approximately​ 2% of the merchandise sold will be returned. the adjusting journal entry on december​ 31, 2019, would include a​ _______.
Business
1 answer:
Degger [83]3 years ago
5 0
Adjusting journal entry on December 31, 2019 is as follows:
    Debit - Sales Returns and allowances        -      16,000.00
             Credit - Accounts Receivable                    -        16,000.00
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On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules,
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3 years ago
Lawler's is considering a new project. The company has a debt-equity ratio of .64. The company's cost of equity is 14.9 percent,
blondinia [14]

Answer:

Project's WACC = 12.95%

Explanation:

The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure of a firm may contain one or all of the following components - debt, preferred stock, common stock. For a firm with two components in capital structure in form of debt and equity, the WACC is calculated as follows,

WACC = wD * rD * (1+tax rate)  +  wE* rE

Where,

  • wD and wE are the weights of debt and equity in the total capital structure
  • rD and rE are the cost of each component
  • We multiply the cost of debt by 1 - tax rate to calculate the after tax cost of debt

We must first determine the weight of debt and equity in total capital structure.

A debt to equity ratio of 0.64 means 0.64 debt for every 1 dollar of equity. The total assets are made up of debt + equity. So, total assets are 0.64 + 1 = 1.64

Weight of debt = 0.64 / 1.64 = 16/41

Weight of equity = 1 / 1.64 = 25/41

WACC = 16/41 * 0.053  +  25/41 * 0.149

WACC = 0.1115 or 11.15%

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So, the project's cost of capital is,

Project's WACC = 11.15% + 1.8%

Project's WACC = 12.95%

5 0
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Which three factors should you consider when deciding when and where to compose?
Alexeev081 [22]

Time management, environment, and interruptions are the three factors you should consider when deciding when and where to compose.

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Environment: The best writing environment is necessary while composing. It forces the user to write because humans are social animals and are well motivated by social pressures. when it comes to writing That's a good thing. It urges the user to write more and to stay happier about doing as we are surrounded by other people who are composing.

Interruptions: After an interruption resuming the work is somehow not difficult for simple tasks, but it affects the complex ones.  Interruptions can threaten work resources which will create employee stress, work overload, time famine, and time pressure as per studies.

Learn to know more about musical composition on

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2 years ago
Discuss the impact of this Act on the marketing function​
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Explanation:

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