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Burka [1]
4 years ago
10

______________ undergo extensive additional processing during their conversation into other products. The only initial processin

g received is to preserve them during storage while awaiting shipping to production facilities or to make the product easier and/or less expensive to ship.
Business
1 answer:
xeze [42]4 years ago
7 0

Raw materials undergo extensive additional processing during their conversation into other products. The only initial processing received is to preserve them during storage while awaiting shipping to production facilities or to make the product easier and/or less expensive to ship.

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SIROM Scientific Solutions has $12 million of outstanding equity and $4 million of bank debt. The bank debt costs 4% per year. T
LekaFEV [45]

Answer:

WACC = 9.7%

Explanation:

First lets calculate CAPM to identify the return on equity.

CAPM = Risk free rate + Beta(Market Premium)

CAPM = 4 + 1(8) = 12%

WACC

= weight of equity * return on equity + weight of debt * return on debt * (1 - tax)

This gives,

=(12/12+4) * 0.12 + [(4/12+4) * 0.04 * (1 - 0.30)]

WACC = 0.09 + 0.007 = 9.7%

Hope that helps.

7 0
3 years ago
Read 2 more answers
CostPercent Complete Materials costs$ 5,80050% Conversion costs$ 6,50030% A total of 7,700 units were started and 6,600 units we
vfiekz [6]

Answer:

$11.49

Explanation:

The computation of cost per equivalent unit for materials for the month in the first processing department is shown below:-

Equivalent units for materials

= Units completed and transferred out + Units in ending inventory

 (6,600 × 100%) + ((800 + 7,700 - 6,600) × 70%)

= 6,600 + $1,330

= 7,930 units

Cost per equivalent unit for materials

= (5,800 + $85,300) ÷ 7,930

= $11.49

6 0
3 years ago
A process cost system would be appropriate for a:
Lyrx [107]
Companies that produce a continuous mass of like units through series of operations or process
5 0
2 years ago
If oligopolists engaged in some sort of collusion, industry output would be _____ and price would be _____ than under perfect co
TEA [102]

Answer:

If oligopolists engaged in some sort of collusion, industry output would be smaller_____ and price would be _higher____ than under perfect competition.

8 0
3 years ago
Ware Co. produces and sells motorcycle parts. On the first day of its fiscal year, Ware issued $35,000,000 of five-year, 12% bon
nlexa [21]

Answer:

Cash proceeds is $37,702,607.23  

First premium amortization $214,869.64

Second premium amortization is $225,613.12

First year interest expense is $ 3,759,517.24  

Explanation:

The amount of cash proceeds from the bond issue is the pv of the bond using the pv formula,=-pv(rate,nper,pmt,fv)

rate is 10% yield to maturity divided 2 since interest is semi-annual i.e 5%

nper is 5 years multiplied by 2=10

pmt is the semi-annual interest payable by the bond i.e $35,000,000*12%*6/12=$2,100,000

fv is the face value of the bond at $35,000,000

=-pv(5%,10,2100000,35000000)

pv=$37,702,607.23  

The amount of premium to be amortized in first semi-annual interest payment:

Interest expense=$$37,702,607.23*10%/2=$1,885,130.36  

coupon interest=$35,000,000*12%/2=$2,100,000

Premium amortized=$2,100,000-$1,885,130.36  

premium amortized=$214,869.64  

The amount of premium to be amortized in second semi-annual interest payment:

interest expense=($37,702,607.23+$2,100,000-$1,885,130.36)*10%/2

                           =$1,874,386.88  

Premium amortized=$2,100,000-$1,874,386.88

premium amortized=$225613.12

Bond expense for the first payment= 37,702,607.23*10%/2  

                                                           =$1,885,130.362

Bond expense for the first payment=  37,487,737.59  *10%/2  

                                                           =$ 1,874,386.88  

First year bond interest expense= 1,874,386.88+1,885,130.362  

                                                      =$ 3,759,517.24  

                                                     

Find attached schedule in addition

Download xlsx
4 0
3 years ago
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