Answer:
Correct option is B.
<u> The weight of debt for WACC purposes is 23.08%</u>
Explanation:
Amount of debt = 2 million x 0.90
= 1.80 million
Amount of equity = 2 million x 3
= 6 million
Weight of debt = amount of debt/ (amount of debt + amount of equity)
= 1.80 million / ( 6 million + 1.80 million)
=23.08%
Answer:
D. $4,600
Explanation:
Riley's casualty cost deduction comes from the substraction between the adjusted basis, which is the net cost of an asset after adjusting for various tax-related items, and the amount the insurance paid Riley.
Answer:
$155,700
Explanation:
Absorption costing
Sales $164 × 3,260 = $534,640
Less cost of goods sold
Opening inventory
Add variable cost of goods manufactured
[3,700 × ($51 + $32 + $6 = $89)] = $329,300
Fixed manufacturing cost
$88,800
Cost of goods available for sale
$418,100
Less ending inventory 440 × $89
$39,160
Cost of goods sold
$378,940
Gross margin
$155,700
Less variable selling and administration expenses $6 × 3,260
$19,560
Fixed selling and administrative expenses
$32,600
The total gross margin for the month under the absorption costing approach is $155,700
Answer:
The question you are asking is very <u><em>unclear</em></u>. There is no statement given, therefore I cant give a proper answer.
Explanation:
