Answer:
c. Between 9 and 10 years
Explanation:
The computation of the time period is shown below:
Future value = Present value × (1 + interest rate)^number of years
$4,000 = $2,000 × (1 + 7.5% ÷4)^time period ×2
After solving this
The time period is
= 9.3283
Hence, it lies between the 9 and 10 years
Therefore the correct option is c.
And all other options are wrong.
Answer:
8.04%
Explanation:
The formula to compute WACC is shown below:
= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of common equity × (cost of common equity)
= (0.38 × 5.46%) × ( 1 - 40%) + (0.62 × 10.96%)
= 1.24488% + 6.7952%
= 8.04%
The weightage of common equity would be
= 100% - 38%
= 62%
This is the answer and the same is not provided in the given options
Answer:
(a) the first-in, first-out (FIFO) method; $1054
(b) the last-in, first-out (LIFO) method; $998 and
(c) the weighted average cost method $760
Explanation:
FIFO
Inventory ; 13 units × $38 = $494
14 units × $40 = $560
Total = $1054
LIFO
Inventory ; 13 units × $38 = $494
14 units × $36 = $504
Total = $998
weighted average cost
August 7
New Cost per Unit = ((14 units × $36) + (19 units × $38)) / ( 14 units + 19 units )
= $37.15
December 11
New Cost per Unit = ((33 units × $37.15) + (14 units × $40))/( 33 units+14units)
= $38.00
Inventory Cost = 20 units × $38.00
= $760
Answer:High purchasing power
Explanation:High purchasing power is the financial ability to buy products and services.
Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you would be able to purchase.
The costs of goods and services are among the most important determinants of purchasing power. When the price level rises, purchasing power decreases, and when the price level falls, purchasing power increases, if all other factors are held equal.
Being a new home owner, I can tell you a few tax deductibles. They are:
1. Mortgage interest
2. Property taxes
3 Moving costs
