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3 years ago

Question 6

Business

1 answer:

AleksAgata [21]3 years ago

6 0

Answer:

The answer is,

O To raise money for the corporation.

Explanation:

Issuing share is a method of financing for a corporation. Company can borrow money from external parties such as banks or issue debentures as well. However, the cost of such borrowings tends to be higher than issuing equity stocks and there are many legal necessities as well in such a process.

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Jacob Company sold a $1,000 par value, non-callable bond that has 20 years to maturity and a 7.00% annual coupon that is paid an

ratelena [41]

Answer:

4.64%

Explanation:

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3 years ago

Norton Manufacturing expects to produce 2,900 units in January and 3,600 units in February. Norton budgets $20 per unit for dire

storchak [24]

Answer:

Purchases= $26,550

Explanation:

Giving the following information:

Production:

January= 2,900 units

February= 3,600 units

Norton budgets $20 per unit for direct materials.

Beginning inventory raw materials= $38,650.

Desired ending inventory direct materials= 10% of the next month's direct materials needed for production.

To calculate the purchases of direct material, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 2,900*20 + (3,600*0.1)*20 - 38,650

Purchases= $26,550

6 0

3 years ago

VJasper Company has sales on account and for cash. Specifically, 70% of its sales are on account and 30% are for cash. Credit sa

RoseWind [281]

Answer:

April May June

Cash Sales 30% $157,500 $160,500 $168,000

Sales on account 70% $367,500 $374,500 $392,000

$525,000 $535,000 $560,000

JASPER COMPANY

Cash Receipts Budget

For April, May and June

April May June

Cash Receipts from:

Cash Sales $157,500 $160,500 $168,000

Collection of accounts Receivable $400,000 $367,500 $374,500

Total Cash Receipts $557,500 $528,000 $542,500

8 0

2 years ago

Identify each of the following items as either a capital expenditure (C), an immediate expense (E), or neither (N):

astra-53 [7]

Answer:

Options 2, 4, 6, 7, 8, and 9 are capital expenditure.

Options 1, 3, and 10 are the immediate expenses.

Option 5 is Neither.

Explanation:

Capital expenditure is those expenditures that are incurred to maintain the fixed assets. Thus Options 2, 4, 6, 7, 8, and 9 are capital expenditure. While the expenses that are compulsory and immediate in nature are called the immediate expenses. This means if the equipment requires repairing then it will fall in the category of immediate expense because without repairing it won't work. Therefore, a property tax of $75000, repair of the main plant, and maintenance for equipment are immediate expenses.

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3 years ago

What is the job outlook for a US postal worker?

Tpy6a [65]

Answer: The career is shrinking and will provide fewer opportunities over time.

Explanation: Yessir

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3 years ago