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Snezhnost [94]
3 years ago
14

A. Given the historical cost of product Z is $20, the selling price of product Z is $25, costs to sell product Z are $3, the rep

lacement cost for product Z is $21, and the normal profit margin is 40% of sales price, what is the market value that should be used in the lower-of-cost-or-market comparison?
a. $18.b. $20.c. $21.d. $22.
Business
1 answer:
melamori03 [73]3 years ago
8 0

Answer:

j

Explanation:

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Michael is the owner of a restaurant in downtown Buffalo and recently signed a long-term lease with the building's owner. Since
Schach [20]

Answer:

The answer is trade fixtures

Explanation:

Trade fixtures are a tenant's installments which become a part of the land during the leasing contract period but they are not belong to the landlord thereafter. The tenant reserves the right to remove the the installments at the end of the contract term.

8 0
3 years ago
Read 2 more answers
One term is used to identify a collection of activities designed to gain access to personal and corporate information. The activ
tensa zangetsu [6.8K]

Answer: Social engineering

Explanation:

Social engineering is simply the use of deceit in order to manipulate individuals so that they can give out personal and confidential information about themselves which will be used for fraud.

The activities involved in social engineering are phishing, scams and hoaxes aimed at getting individuals to compromise sensitive data.

8 0
3 years ago
You are given the following information for Watson Power Co. Assume the company’s tax rate is 24 percent. Debt: 14,000 6.3 perce
Alenkinab [10]

Answer:

10.18%

Explanation:

The computation of the WACC is shown below:

But before that following calculation is to be done

The value of debt is

= 14000 × $1,000 × 107%

= $14,980,000

The value of equity is

= 470,000 × $65

= $30,550,000

The value of preferred stock is

= 20,500 × $86

= $1,763,000

Now

value of total capital is

= $14,980,000  + $30,550,000 + $1,763,000

= $47,293,000

Now we find the cost of debt using excel function i.e.

= RATE(nper,pmt,pv,fv)) × 2

= RATE(29 × 2,1000 × 6.3% ÷ 2,-1000 × 107%,1000)) ×2

= 5.80%

Now  

Cost of common stock is

= 5.2% + 1.16 × 7%

= 13.32%

cost of preferred stock is

= (100 × 4.1%) ÷ 86

= 4.77%

Now finally  

WACC = weight of debt × cost of debt ×(1 - tax rate) + weight of equity × cost of equity + weight of preferred stock ×cost of preferred stock

= ($14,980,000 ÷ $47,293,000) × 5.80% × (1  - 24%)+($30,550,000 ÷ $47,293,000) × 13.32% + ($1,763,000 ÷ $47,293,000) ×4.77%

= 10.18%

5 0
3 years ago
When is going to be why would you put money into saving account
OlgaM077 [116]
When I get a job and so you will have money set aside for when the government comes and takes everything you own.
4 0
3 years ago
1. What is the difference between fixed, variable, and periodic costs?
lisov135 [29]

Answer:

The difference is in how they response to the level of production of the firm.

Variable cost are directly associated with the production level, therefore changes with the number of units produced.

Fixed costs do not change with the level of production and remains fixed. Usually, fixed cost changes with the time.

Periodic Costs are the costs that cannot be capitalised and are incurred for a period of time. Such as administrative costs.

Explanation:

4 0
3 years ago
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