Answer:
D
Explanation:
The number of workers who have received training in high tech fields far exceeds the number of job openings in these areas.
Answer: Credit compensation expense for $5million
Explanation: Given the condition involved in the option issue to the executive, which involves the company achieving a 10% increase in sales within the next 12 months, which at first the company believes it's achievable, and hence and hence accruing $5million in compensation expense. But since achieving that target became very unlikely after 9 months, compensation expense will have to be credited for $5million based on the most recent estimation.
Answer:
Petty Cash
Explanation:
The fundamental principle of accounting is credit the giver and debit the receiver. In this instance petty cash is giving out money to Office Supplies, Shipping, Postage and Delivery expense
Answer: The insurer will pay for claims that was insured for or that which the insurance package covers.
Explanation:
Insurance could be described simply as a cover for damages done either in the present or future to be able to curb losses. Insurance companies offer various packages or insurance covers to the client, ranging from house, to cars and other various insurance cover. The insurance company will pay the claim for the accidents but this would be based on the particular claim that was insured for because the Insurance company won't pay for claim that wasn't insured, it would be a loss on their side
Answer:
The WACC is 8.66%
Explanation:
The WACC or weighted average cost of capital is the cost to firm of its capital structure which can have 3 components namely debt, preferred stock and common stock. We take the weighted average of these components and their respective costs to calculate WACC. Furthermore, we take the after tax cost of debt for WACC calculation and that is why we multiply the cost of debt by (1-tax rate).
WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE
WACC = 0.33 * 0.065 * (1-0.28) + 0.08 * 0.06 + 0.59 * 0.1125
WACC = 0.086619 or 8.86619% rounded off to 8.66%