True, banks around the world keep an eye on foreign currency
The following is true of copyright law : It protects original, creative expression.
<h3>
What is Copyright ?</h3>
Copyright (or author's proper) is a prison time period used to explain the rights that creators have over their literary and inventive works. Works protected through copyright variety from books, music, paintings, sculpture, and films, to laptop
<h3>What is Copyright laws?</h3>
Copyright is a federal law. It is Title 17 of the United States Code. Copyright is the right of authors to control the use of their work for a limited period of time.
Copyright laws can be described as those laws which are useful for the protection of the original expression of an idea. Copyright laws are laws which are used to securely protect literary works, musical works, artistic works, as well as educational properties etc. The law does not offer protection from an idea. What it protects is the expression of that particular original idea. This means that another work could be done that is based on the same idea as a first work but this second work is not an infringement on the first.
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Answer:
The correct answer is $ 265.
Explanation:
The gross price at which the product is required to be sold is the price inclusive of all taxes charge on behalf of the Government (sales tax, federal excise duty etc).
So the sale price in the case given in the question will be sum of 250 dollars and 15 dollars that is 265$.
Please note that income tax in not included in price of the product.
Answer:
(B) Cost of goods purchased
Explanation:
While a merchandising company buys goods from its suppliers (goods purchased) and adds this to its opening inventory to determined the quantity of goods it has available for sale (goods available for sale), a manufacturing firm makes the goods to be sold (goods manufactured) and add to its opening inventory of finished goods to determine the same metric (quantity of goods available for sale).
This relationship can be seen when the trading account of both firms are compared.
Answer:
Option (B) 10.87%
Explanation:
Data provided in the question:
common stock outstanding = 30,000
Market price = $15.00
Issuing price of share = $31 per share
Total face value = $280,000
Selling price = 86% of par
Cost of equity, ke = 13%
After-tax cost of debt, kd = 6.9%
Beta = 1.48
Tax rate = 30%
Now,
Market value of debt, Md = Total face value × Selling price
= $280,000 × 86%
= $240,800
Market value of equity, Me = Stocks outstanding × Market price
= 30,000 × $15
= 450,000
Thus,
WACC = [ Kd × Md + Ke × Me ] ÷ ( Md + Me )
= [ 0.069 × $240,800 + 0.13 × $450,000 ] ÷ ( $240,800 + $450,000 )
= $75,115.20 ÷ $690,800
= 0.1087
or
= 0.1087 × 100%
= 10.87%
Option (B) 10.87%
