Well an exact account is what an appeal is based on so is pretty important
Answer:
Adjusting entry
No Account & Explanation Debit Credit
a) Supplies Expense $637
(245+735-343)
Supplies $637
(To record supplies adjusted)
b) Interest expense $170
Interest payable $170
(To record accrued interest)
c) Wages and salaries expense $5350
Wages & salaries payable $5350
(To record wages and salaries expense)
d) Unearned fees $27600
(46000*60%)
Fees earned $27600
(To record fees earned)
e) Account receivable $5700
Fees earned $5700
(To record fees earned)
Answer:
Quigley's WACC = 7.53%
Explanation:
The after-tax cost of debt = 0.07 * (1-tax rate)
The after-tax cost of debt = 0.07 * (1 -0.4)
The after-tax cost of debt = 0.07 * 0.6
The after-tax cost of debt = 0.042
The after-tax cost of debt = 4.2%
WACC = Respective costs*Respective weight
40% debt, 10% preferred, and 50% common equity
WACC = (4.2*0.4) + (0.1*6) + (0.5*10.5)
WACC = 1.68 + 0.6 + 5.25
WACC = 7.53%
Answer:
d. negotiation
Explanation:
Negotiation is process by which parties in a dispute settle their differences. It aims for achievement of agreement and compromise between the parties, and to avoid argument and dispute. The parties try to achieve the best possible outcome.
Negotiation involves 5 stages:
- Preparation
- Set ground rules
- Clarification and justification
- Bargaining and solving problems
- Implementation
Sally and Tom will try to use the negotiation method to resolve their differences without involving a third party.