Answer:
Assets = Liabilities + Stockholder's
Equity
(a) cash = $3,940 Notes payable = $3,940
(short term)
(b) cash = $4,630 Common
stock =$4,630
(c) Equipment = $1000 Notes payable = $800
Cash = (-$200) (short term)
(d) Supplies = $300
Cash = (-$300)
(e) Supplies = $700 Accounts receivable = $700
Answer:In Florida, any driver under 21 years of age who is stopped by law enforcement and has a breath or blood alcohol level of .02 or higher will automatically have their driving privilege suspended for 6 months.
Some challenges for these companies as they expand into foreign markets are foreign policy, cultural differences and language barriers.
<h3>What is an effective internationalization strategy like?</h3>
It is one in which organizations develop a plan in line with their needs and the market to which they want to expand their business. For this, it is important to adapt products, services and communication to the local culture, to be a brand accepted by consumers and well positioned in the market.
Therefore, the international expansion of an organization can be positive and profitable when there is a strategy aligned with the needs of the local market.
Find out more about internationalization strategy here:
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Answer:
Floating cost adjustment is 3.25%
Explanation:
Flotation-adjusted cost of equity = (Expected dividend at the end of Year 1 / Net proceeds per share) + Growth rate.
Expected dividend at the end of Year 1 (D1) = $ 2.30 (given in question)
Net proceeds per share = (21.30 - 4 % of 21.30) = $ 20.448
Flotation-adjusted cost of equity = (2.30 / 20.448) + 0.04
= 0.1125 + 0.04
= 0.1525 i.e., 15.25 %.
Flotation cost adjustment = Flotation-adjusted cost of equity - Cost of equity without flotation adjustment.
= 15.25 % - 12 % (given in question)
= 3.25 %.
Conclusion:- Flotation cost adjustment = 3.25 %
Answer:
Explanation:
See the attached for a spreadsheet of the values given in the problem statement. We have simply added the salary to the value of the preference and subtracted the one-time moving expense.
The right-most column shows the net increase in value of moving to Miami for each of the householders. Bonnie achieves so much more value that her net value outweighs the rather significant hit in value that Donna experiences.
If the vote is by net value to the householders, they must vote to move. There are no householders that have a net zero change in value.
_____
<em>Comment on democracy</em>
A decision based on net value does not account for the rather significant cost to Donna. If the household values mental health and interpersonal relationships, the fact that one member suffers badly from the move should be enough to sway the decision against it.
