Answer:
The journal entry is shown below:
Explanation:
Journal Entry.
Jan.1 Cash A/c Dr $460,000
To Bonds payable A/c $460,000
(Bond issue is being recorded)
Jun.30 Interest Expense A/c Dr $18,400
To Cash A/c $18,400 ($460,000×4% = $18,400)
(Interest is being recorded)
Dec.31 Interest Expense A/c Dr $18,400
To Cash A/c $18,400 ($460,000×4% = $18,400)
(Interest is being recorded)
Answer:
Check the answers below
Explanation:
- The per instrument cost of the bank is $0.25. Assuming uniform cheque value, the 24 million remittances across 10000 cheque will mean per cheque value of 2400. If this amount can be invested at 8% p.a., then daily investment income will be approx = 2400 * 8% /365 = $ 0.526
- Now for the company to jus about cover the cost of the cheque processing, the time should reduce by (assuming fractional time in days is possible) 0.25/0.526 = 0.48 days
- Now if the interest that can be earned reduces to 4%, the average daily interest will also reduce to $0.263. At this level, the time required to cover the cost should reduce by 0.95 days
The difference is simply because the opportunity cost in terms of alternate usage of funds has decreased for the company.
The Correct answer is Increased Flooding which is Option A.
A flood is the accumulation of water over normally dry land. It’s caused by the overflow of inland waters (like rivers and streams) or tidal waters, or by an unusual accumulation of water from sources such as heavy rains or dam or levee breaches.
<h3><u>Why Increased Flooding is an exception and not a benefit?</u></h3>
- Floods are the most common (and among the most deadly) natural disasters in India. They have brought destruction to every state and nearly every county, and in many areas they are getting worse. As global warming continues to exacerbate sea level rise and extreme weather.
- This occurs when a river or stream overflows its natural banks and inundates normally dry land. Most common in late winter and early spring, river flooding can result from heavy rainfall, rapidly melting snow, or ice jams.
Increased Flooding is the only drawback of monsoons among other 3.
Following are the mentioned benefits.:-
B) The provision of needing water - there is enough amount of water.
C) Improved economy - Improvement of a greater economy.
D) Greater food Production - Monsoon helps in greater food production.
To know more about Flooding, check the given links.
brainly.com/question/12686086
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Answer:
0.73
Explanation:
Given that
WACC = 11%
Tax rate = 34%
Cost of equity = 14.9 %
Cost of debt = 8.6%
Recall that
WACC = (cost of equity × % of equity) + (cost of debt × % of debt) + ( 1 - tax rate)
We are to find
Cost of debt and cost of equity
Let
Cost of debt be x
Cost of equity be (1 - x)
Thus,
0.11 = (1 - x)(0.149) + (x)(0.086)(1 - 0.34)
x = 0.4228
Therefore,
Debt-equity ratio
= Cost of debt/cost of equity
= 0.4228/(1 - 0.4228)
= 0.73
