Answer:
Please refer to the below for the appropriate journal entry
Explanation:
Accounts receivable Dr $726,700
($676,000 + $50,700)
Sales revenue account Cr $676,000
Sale taxes payable account Cr $50,700
{(6% + 1.5%) × $676,000
Answer:
a. 8.1%
Explanation:
Calculation to determine the rate earned on total assets for this company
Using this formula
Rate earned on total assets=Net income /Total Assets
Let plug in the formula
Rate earned on total assets=$25,000/$310,000
Rate earned on total assets=0.0806*100
Rate earned on total assets=8.06%
Rate earned on total assets=8.1% (Approximately)
Therefore the rate earned on total assets for this company will be 8.1%
Answer:
the cost of capital for the common stock is 10.82%
Explanation:
The computation of the cost of capital for the common stock is as follows:
= (Dividend to be paid next year ÷ Price of the common stock) + growth rate
= ($14 ÷ $179) + 0.03
= 0.078 + 0.03
= 10.82%
Hence, the cost of capital for the common stock is 10.82%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
It is known as the automatic mechanism. It is quite recently a similar with regards to regarding the essential privileges of presence: It is just conceivable to take in the capacity of how to watch the fundamental privileges of presence in each circumstance, by intentionally rehearsing it as every now and again as could be expected under the circumstances. It is just when this has turned into an automatic system, that we have accomplished our goal.
You have to work for them for a long time