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Katen [24]
3 years ago
12

1. A return of merchandise to the vendor results in a (A) debit to Purchases. (B) credit to Purchases Returns and Allowances. (C

) credit to Purchases. (D) debit to Purchases Returns and Allowances.
Business
1 answer:
Lyrx [107]3 years ago
3 0

Answer:

Your correct answer ia A. debit to purchases

Explanation:

PLEASE MARK BRAINLIEST!!!

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Turnbull Co. is considering a project that requires an initial investment of $1,708,000. The firm will raise the $1,708,000 in c
Anna35 [415]

Answer:

11.06%

Explanation:

Calculation to determine What will be the WACC for this project

First step is to calculate the Weight of Debt

Weight of Debt = $750,000 / $1,708,000

Weight of Debt = 0.4391

Second step is to calculate the Weight of Preferred Stock

Weight of Preferred Stock = $78,000 / $1,708,000

Weight of Preferred Stock = 0.0457

Third step is to calculate the Weight of Equity

Weight of Equity = $880,000 / $1,708,000

Weight of Equity = 0.5152

Fourth step is to calculate After Tax Cost of Debt

After Tax Cost of Debt = 11.1% * (1 – 0.40)

After Tax Cost of Debt = 6.66%

Now let calculate WACC using this formula

WACC = (Weight of Debt * After Tax Cost of Debt) + (Weight of Preferred Stock * Cost of Preferred Stock) + (Weight of Equity * Cost of Equity)

Let plug in the formula

WACC = (0.4391 * 0.0666) + (0.0457 * 0.1220) + (0.5152 * 0.1470)

WACC = 0.02924406+0.0055754+0.0757344

WACC =0.1106*100

WACC =11.06%

5 0
3 years ago
Will mark brainliest please help!!!
tino4ka555 [31]

Answer:Dressing in the proper apparel for an interview indicates that you are critical approximately the job, respectful of the interviewer's time, and are actually interested by the position. It additionally demonstrates an knowledge of the company culture, and showcases you as a person who might suit without difficulty into the place of business dynamic.

Explanation:

5 0
2 years ago
Suppose that the price of a good decreased. The substitution effect shows the change in consumption for all goods in reaction to
Lapatulllka [165]

Answer:

The correct answer is "relative prices; utility". A further explanation is provided below.

Explanation:

  • The conditions of a connection or bond between variables customer demand or perhaps the proportion of such a given cost of production to the normal distribution of so many other products available throughout the marketplace.
  • Individual's pleasure is usually measured by the consumption of that same goods and services.

Thus the above is the correct answer.

4 0
3 years ago
Period costs are a.classified as direct labor, direct material, or factory overhead b.not involved in the production process c.f
goldfiish [28.3K]

Answer:

Not involved In the production process

Eg. Selling expenses or advertising expenses

3 0
3 years ago
WILL MARK BRAINLIST... I'm trying to think of an acronym for BOSS. I've already come up with one. The acronyms have to be extrem
azamat

Answer:

Base Operating Supply System

Explanation:

lol

5 0
3 years ago
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