Answer: $2100
Explanation:
From the question, we are informed that Oakley Company does not ring up sales taxes separately on the cash register and that the total receipts for February amounted to $32,100 and the sales tax rate is 7%.
The amount that must be remitted to the state for February's sales taxes will be:
= $32,100/(1+7%) × 7%
= $32100/(1 + 0.07) × 0.07
= $32100/1.07 × 0.07
= $2100
Answer:
WACC is 12.8%
Explanation:
<em>The weighted average cost of capital (WAAC) is the average cost of all the various sources of long-term finance used by a business weighted according to the proportion which each source of finance bears to the the entire pool of fund.
</em>
To calculate the weighted average cost of capital, follow the steps below:
Step 1: Calculate cost of individual source of finance(this is already given)
Cost of Equity= 15%
After-tax cost of debt = (1- T) × before-tax cost of debt =12%
Step 2 : calculate the proportion or weight of the individual source of finance
. (This already given)
Equity = 25%
Debt= 75%
Step 3; Work out weighted average cost of capital (WACC)
WACC = ( 15%× 25%) + ( 12%× 75%)
= 12.75%
WACC is 12.8%
Answer: Persuasion
Explanation: Persuasion can be define as the act of influencing someone or changing their mindset. In such case, the one persuading other must have his own mind set.
In the given case, George wants the audience to change their mindset of using plastic bottles as they are harmful for environment.
Thus, from the above we can conclude that the purpose of George behind his speech is persuasion.
Answer:
The correct answer is the option B: concerns the application of general ethical principles and standards to the actions and decisions of business organizations and the conduct of their personnel.
Explanation:
To begin with, the <em>business ethics</em> is the term that refers to the <em>integration of the general standards of the ethics to the field of the business</em> in order to <em>encourage a more ethical action</em> regarding the decision making process of the superior leverls and also to the everyday task that the personnel takes while they are on the job. Moreover, this type of ethics is part of what is known as <u><em>''applied ethics'' </em></u>that states that ethical manners must need to be applied in everyday life social activity in order to help to build a better society for the people who lived there, stating clearly that business organizations are part of that society.
Answer:
$195,751
Explanation:
Calculation for the project's expected operating cash flow
The first step will be to find the EBIT
using this formula
EBIT =(Earnings before interest, taxes, depreciation, and amortization -Depreciation expense)
Let plug in the formula
EBIT= 283,104 - 53,228
EBIT= 229,876
Second step is to find the NOPAT using this formula
NOPAT = EBIT(1- tax rate)
NOPAT= 229,876(1 - 0.38)
NOPAT= 142,523
Last step is to calculate for Expected Operating Cash flow
Using this formula
Operating cash flow = NOPAT + Depreciation expenses
Let plug in the formula
Operating cash flow = 142,523 + 53,228
Operating cash flow = $195,751
Therefore the project's expected operating cash flow will be $195,751