Answer:
$171,619.20
Explanation:
Calculation to determine what The budgeted accounts payable balance at the end of November is closest to:
Using this formula
Budgeted accounts payable balance= Budgeted cost of raw materials purchases in November -(Budgeted cost of raw materials purchases in November*Raw materials purchases in the month of purchase percentage)
Let plug in the formula
Budgeted accounts payable balance=$286,032 - ($286,032*40%)
Budgeted accounts payable balance=$286,032 - $114,412.80
Budgeted accounts payable balance= $171,619.20
Therefore The budgeted accounts payable balance at the end of November is closest to:$171,619.20
Answer:
A. $0 gain, $36,000 basis
Explanation:
In the distribution, from the information given, Sarah does not recognize any gain or loss.
However, given that
She had $56000 basis at end of year prior to distribution.
Then receives $20000 from distribution after reallocating her basis in SF to cash in amount equal to distribution
Therefore,
Her basis left = 56000 - 20000
= $36000
The answer is the letter x. placeholder x
is a character used in ICD-10-CM diagnosis code to create a six character code when a code with fewer than six characters require 7th character extension, it is also called the dummy x.
Answer:
The before-tax cost of debt is adjusted for tax in the computation of weighted average cost of capital.
The correct answer is D
Explanation:
In the calculation of weighted average cost of capital, the before tax cost of debt is adjusted for tax so as to obtain the after-tax cost of debt. Cost of equity and cost of preferred stocks will not be adjusted for tax.
