Actual Profit (P) is equal to Actual Sales (S) minus Total
Expenses (E). Given that the Margin of Safety percentage (M) of Total Sales is 25%,
we can establish an equation relating the Total Sales, Break-even point and M.
It would be S - $300,000 = 0.25S, since Margin of Safety is equal to Total
Sales minus Break-even point. Solving for S would result to $400,000. Given
that E is equal to 45% of S, E would then be equal to $180,000. Solving for P,
P = $400,000 - $180,000. Therefore, P is equal to $220,000.
Answer:
$172,215,844 is the cost when flotation costs are considered
Explanation:
<em>flotation</em>
Weighted average flotation cost = {(Flotation cost debt * Weight debt) + (Flotation cost equity * Weight equity)
= (8% * 0.30) + (15% * 0.70)
=0.024 + 0.105
= 0.129
= 12.9%
Calculation of the cost of funds
Cost of funds = Amount raised / (1 - Weighted average floatation cost)
= $150,000,000 / (1-0.129)
= $150,000,000 / (0.871)
=$172,215,844
Therefore, the cost of raising fund is $172,215,844
Answer:
Taylor should recognize revenue in 2021 in the amount of $0.00
Explanation:
IFRS 15 Requires entity to recognise revenue WHEN the transfer of control of goods and services is made to the customer.
It is important to note that Control is transferred on an as-needed basis to King Associates
Tylor has not yet transfered any handyman services during 2021. Therefore no revenue is recognised as transfer of control of goods and services is made to the customer does not exist.
Only when handyman services are provided then the revenue is recognised in the year the servises are provided.
Answer:
Managing a Company-wide Diversity Program
1. The statement that effectively illustrates a diversity principle is:
Statement 2
You will be better able to increase the diversity of your workforce if you interview candidates with entry-level experience even though it might be ideal to hire someone with years of experience.
2. You should choose statement ___2______as the more appropriate strategy for managing diversity, since it is an example of__managing high standards_______.
3. The statement that indicates one of the diversity principles discussed during your absence is:
a. Surface-level diversity should not be treated as more important than deep-level diversity.
Explanation:
Workplace diversity is an important current topic. Diversity encourages productivity, creativity, innovation, and increased customer service. Diversity ensures that our limited worldviews are expanded to include others who are not, and do not think, like us but are humans created in Love and Mercy, to work with us, to make the world a better place. In today's workplace, a diverse culture looks beyond the familiar-cultural boundaries to embrace diverse peoples without minding their sex, race, sexual orientations, education, and other human attributes.
Answer:
A. an overstatement of net income and an understatement of liabilities.
Explanation:
