Answer:
This evaluation was prepared by a licensed real estate broker and is not an appraisal. This evaluation cannot be used for the purposes of obtaining financing.
Explanation:
Answer:
a. H0 : U ≥ 15
Ha : U < 15
b. Type I error is incorrectly conclude that the pain is reduced in less than 15 minutes.
c. Type II error is fail to conclude that time for pain reduction is less than 15 mints when actually its less than 15 minutes.
Explanation:
Null hypothesis is a statement that is to be tested against the alternative hypothesis and then decision is taken whether to accept or reject the null hypothesis.
Type I error is one in which we reject a true null hypothesis.
Type II error is one in which we fail to reject the null hypothesis that is actually false.
Answer:
WACC is 9.26%
Explanation:
WACC is the average cost of capital of the firm based on the weightage of the debt and weightage of the equity multiplied to their respective costs.
According to WACC formula
WACC = ( Cost of common share x Weightage of common share ) + ( Cost of Preferred share x Weightage of Preferred share ) + ( Cost of debt x Weightage of debt )
Cost of debt is already given as after tax cost of debt.
WACC = ( 12.75% x 45% ) + ( 7.5% x 15% ) + ( 6% x 40% )
WACC = 5.7375% + 1.125% + 2.4% = 9.2625 % = 9.26%
Answer:
The likely outcoe could be,
Likely be:
- Glinda will win, because the statute of limitations starts to run on the date, she filed a suit, i.e. Feb.22, 2014.
- Glinda will win, because the statute of limitations starts to run from the time that the she discovered the breach, i.e. Jan. 17, 2014.
Likely not be:
- Glinda will lose, because the statute of limitations ran on Jan. 13, 2013, i.e. two years after the date the contract was entered on Jan. 14, 2011.
-Glinda will lose, because the statute of limitations requires a demonstration of attempt to cure.
Answer: a. At the end of Year One, the company's liabilities are understated.
Explanation:
Under the Accrual basis of Accounting, revenue should be recorded for only jobs that have been completed. In other words, only earned revenue should be recorded. Revenue that has not been earned but yet received, is to be termed Deferred revenue and should be treated as a current liability.
In this scenario, there are steps that have not been completed so some of the revenue received should be termed deferred revenue. These should therefore be in current liabilities and because they were not, the liabilities for the end of year 1 will be understated.
