The shelves must be at least 15 centimeters or 6 inches above the floor.
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Answer:
Journal Entries are as follows.
Explanation:
1. Cash $25,000 (Debit)
Common Stock $ 25,000 (credit)
2. Wages $10,000 (debit)
Cash $10,000 (credit)
3. Land $ 50,000 (debit)
Common Stock $50,000 (credit)
4. Dividend Declared $ 1000 (debit)
Dividend Payable $ 1000 ( credit)
And
Dividend Payable $ 1000 ( debit)
Cash $ 1000 (credit)
5. Cash $ 3000 (debit)
Long Term Investment $ 3000 (credit)
6. Cash $ 20,000 (debit)
Sales $ 20,000 ( credit)
7. Inventory $2000 (debit)
Cash $ 2000 (credit)
8. Investment $ 6000 ( debit)
Cash $ 6000 (credit)
9. Bonds Payable $ 10,000 (debit)
Discount $ 1000 (credit) ( if there's any)
Common Stock $ 9,000 ( credit ) ( in case of discount)
10. Notes Payable $ 10,000 (debit)
Interest on Notes Payable $ 1,000 (debit) ( suppose there's interest of $ 1000 on $ 10,000 Notes Payable)
Cash $ 11,000 (credit)
Answer:
The correct option is A,safeguarding shareholders' interests
Explanation:
Showing integrity and ethical behavior comes under a company portraying itself as a good corporate citizen in order to endear itself to stakeholders, however the responsibility of safeguarding shareholders' interests is the fundamental and not necessarily falls under ethical behavior as the primary reason for the creation of the business in the first place is to enhance maximization of shareholders' wealth
Disclosure and transparency as well as vigilance of the board of directors are both required in order to ensure the wealth of owners are enhanced.
Answer:
9.72%
Explanation:
Maturity = 34
Par-value = -1000
Coupon rate = 6%
Coupon PMT = -60
Value of bond = 1152
Semi-annual Yield = Rate(34, -60, 1162, -1000, 0, 0)
Semi-annual Yield = 5.00%
Annual Yield = 10%
Tax rate = 40%
After tax cost of debt = 10*(1-0.4)= 6%: Add: Flotation cost (5%) = 11%
Cost of preferred stock = Dividend/Price = 12/120 = 10%
Cost of equity = Risk free rate + Beta*Market risk premium
Cost of equity = 3.72 + 0.94*6
Cost of equity = 9.36%
Particulars Value per No of Market Weight Cost of Product
security securities value security
Bonds 1162 100000 116200000 0.15784 11 1.736213
P. stock 120 1000000 120000000 0.16299 10 1.62999
Equity 100 5000000 <u>500000000</u> <u>0.6792</u> 9.36 <u>6.35697</u>
736200000 1 <u>9.72317</u>
So, the WACC of the firm is 9.72%