Answer:
$625,000
Explanation:
According to the revenue recognition principle, revenues can only be recognized whenever the service has been performed and not when the cash has been received. Therefore, Zigma Company should report $625,000 for service revenue in the 2019 income statement. $10,400 should not come as revenue because the company did not provide any services or sell any products.
Answer:
(a) 1.275%
; 6.25%
; 5.425%
(b) 12.95%
Explanation:
Given that,
After tax Cost of debt = 8.5%
Cost of preferred stock = 12.50%
Cost of Equity = 15.50%
Weight of debt = 15%
Weight of preferred stock = 50%
Weight of equity = 35%
After tax Weighted debt cost = Weight of debt × After tax Cost of debt
= 0.15 × 8.50%
= 1.275%
Weighted preferred stock cost = Weight of preferred stock × Cost of preferred stock
= 0.50 × 12.50%
= 6.25%
Weighted common equity stock cost = Weight of equity × Cost of Equity
= 0.35 × 15.50%
= 5.425%
Weight average cost of the firm:
= After tax Weighted debt cost + Weighted preferred stock cost + Weighted common equity stock cost
= 1.275% + 6.25% + 5.425%
= 12.95%
Note: The values of Debt, preferred stock and common equity are rearranged.
C. Send a quick reply stating that she needs more time to consider the question
Answer
scarce/limited in supply. Have money value. Have utility. Are unevenly distributed
Explanation:
one cannot have all economic resources they may want.
you can attach monetary value on them.
are useful and can satisfy a want.
some areas /country have more than others.
The effort by political candidates and their staff to win backing and support by voters in the quest for political office is known as a <u>campaign</u>.
These campaigns, where presidential candidates are trying to find support of voters by promoting themselves via advertisements on TV, the Internet, newspapers, etc. can last for months before the actual elections. People are constantly bombarded by messages about these candidates so as to vote for them when the elections come.