Answer:
The answer is E) $1050000
Explanation:
We have opening stock of 4000 units. We know that we require to have 6000 units stock on hand at the end of the month. Budgeted sales are 12000 units.
If we come up with a formula Purchases + opening inventory - sales = 6000 units we can determine the amount we need to purchase to satisfy the requirement of having 6000 units on hand.
Purchases = 6000 + 12000 - 4000
=14000
14000 x 75 = $1050000
Therefore the answer is E. $1050 000
Answer:
a. Terrell's Optimal Capital Structure is 40:60. It means to obtain optimal capital structure in-order to increase value of firm, Terrell should finance 40% of its Assets through Debt and remaining through Common Equity.
b. The optimal Capital Structure is the point where company's WACC is minimized. So, 40:60 is the ratio where Terrell's WACC will be minimized.
Explanation:
The goal of Management is to increase Shareholders' wealth and not to generate profits because wealth is something that is for long-run whereas Profits are temporary. Management would accept projects having negative NPV if its goal is to maximize Profit.
Maximizing Shareholders' wealth means to increase the Share Price whereas Generating a higher EPS is Profit Maximization Strategy. So, you should look for that Capital Structure Point where the Company's Stock Price is Highest.
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Chloe. 'A' :3 .......... I'm writing filler right now but that's the correct answer
Answer:
D. The auditor should assess the risks of material mis-statement due to fraud.
Explanation:
At the time of auditor visit in a company the financial statement represent that the company has done the fraud in this scenario, the auditor should analyze the material misstatement risk that is done for fraud
Therefore in the given case, the option D is correct as the auditor responsibility is that he or she should analyze the risk with respect to the false statements presented in the financial statement
Answer:
True, they can and will help you
Explanation: