Answer:
The amount that Gees Consulting would report as the ending balance in the R. Gees, Capital account at the end of the year is $8,000
Explanation:
For computing the ending balance of capital account, first, we have to compute the net income or loss which is shown below:
Net income/loss = Fees revenue - salary expense - rent expense - supplies expense
= $10,000 - $7,000 - $6,000 - $6,000
= ($19,000)
Now the ending balance would be
= Opening capital - net loss - drawings
= $18,000 - $9,000 - $1,000
= $8,000
Answer:
False
Explanation:
The cost incurred to startup the business before realization of benefit from the business is called startup cost.
On the other hand organization cost ia a cost which is incurred to organize the business operations.
Startup cost can be amortized over a specific period of time. But the organizational cost is charged when it is incurred, it can not be amortized.
Answer:
15.57%
Explanation:
The WAAC (Weighted average cost of capital) is given by:
Where M is the rate to maturity of the company's bonds, Wd is the fraction of debt, We is the fraction of equity, T is the tax rate, and E is the rate of cost of common equity. Applying the given data:
The company’s cost of common equity is 15.57%.
Answer:
Correct Answer:
B. takes its origin from two sources: management consultant D. Edward Deming and Italian economist Vilfredo Pareto.
Explanation:
<em>In the public information training series, the best option for the theme in question which was been described is the Option B which shows that, it got its origin from two different sources.</em>
