The (maker/signer) of the note is the one that signed the note and promised to pay at maturity. The (maker/payee) of the note is the person to whom the note is payable.
A note that the maker has neglected to settle upon maturity is referred to as a dishonored note. The note is removed from notes receivable since it has matured, and the payee or holder reports the amount owed in accounts receivable. At the note's maturity date, the maker is obligated to pay the principal and interest.
Bad debt costs. Customers with (Bad/Invalid)(Collectible/Debts) accounts fail to honor their payment obligations. It is regarded as a cost associated with selling on credit. An amount owed by another party is known as a receivable.
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Answer:
Explanation:
std rate $9.00
actual rate $8.50
standard hours 5,200
Total variance: 390 Favorable
Rate variance:
Efficiency
Total:
rate + efficiency
We plug our know values and solve:
0.5actual hours + 46,800 - 9actual hours = 390
46,800 - 390 = 8.5 actual hours
46,410/8.5 = actual hours = 5,460
now we calculate each variance:
rate: 2,730
efficiency (2,340)
<h2>Before you buy a car you need to know your need and your <u>budget</u></h2>
Explanation:
There are many things associated with the car:
1. Test drive: You can do a test drive check whether the car suits your style and it is driver-friendly and also whether it is worth for the money
2. Check for credit score: You can check your credit score to save your money though not huge but a little
3. Compare prices: Compare the prices of the car with other shops and choose the best one.
4. Do a review of repair records: It is better to check the review so that we can assess the life time of the car and in tandem with the amount of the car.
Last but not the least, you must understand your need and the budget because these are two essential things which comes in front of you when you think about buying a car.
Given the situation described above, Alma will be able to cast <u>50 votes</u>.
This is because common stock gives voting rights to shareholders. And given that Alma has 50 shares of common stocks. Therefore, he would be able to cast 50 votes.
On the other hand, preferred stocks give no voting rights to shareholders.
However, preferred shareholders have preference over a company's revenue or earnings, which implies that they are paid dividends before common shareholders.
Hence, in this case, it is concluded that the correct answer is "50 votes."
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Answer:
Task a:
The answer is $24,500.
Task b:
The answer is 17%
Explanation:
<h2>Task a:</h2><h3>What is the maximum amount of new capital that can be raised at the LOWEST component cost of EQUITY?</h3><h3>Solution:</h3>
We already know the following:
Projected net income = $21,000
Payout ratio = 30%
Retention ratio = 70%
Debt share = 40%
Equity share = 60%
Maximum amount of capital to be raised at the lowest component cost of equity = Projected net income ×
= $21,000 × 
= $24,500
<h3>Answer:</h3>
The maximum amount of new capital that can be raised at the lowest component of equity is $24,500.
<h2>Task b:</h2><h3>What is the component cost of equity by selling new common stock?</h3><h3>Solution:</h3>
k(e) (component cost of external equity) = [Dividend (D0)(1 + growth) / stock price(1 - flotation cost)] + growth
Formula:
k(e) = 
+ 0.05
Where
Do = $2.00
G = 0.05
P = $21/88
= ($2.00(1 + 0.05) / $21.88(1-.20)) + 0.05
= ($2.10/$21.88(1-.20)) + 0.05
= ($2.10/$21.88(0.80) + 0.05
= 0.17 or 17%
<h3>Answer: </h3>
The component cost of equity by selling new common stock = 17%
