Answer:
B. False
Explanation:
Flotation costs are cost that are concerned with issuing new common stock. It is the amount of money or cost incurred by an organization when offering its securities to the public. The cost may include legal fees, auditing fees and registration fees. When the flotation cost goes higher, firms are more likely to use debts rather than preferred stock. This is simply because debt is lesser than both common stock and preferred stock. Also, its fallacy to think that preferred stock doesnt have flotation cost. Its only that its not as high as the ones for new common equity.
Answer:
C. limited growth opportunities in their domestic market.
Explanation:
U.S. cola companies entered the global market because of limited growth opportunities in their domestic market.
Answer:
Explanation:
Budgeted direct cost rate= budgeted direct cost/professional labor hours available =97500/1500=$65 per labor hour
Budgeted indirect cost rate= Budgeted indirect cost/ professional labor hours = 2475000/45000= $55
Job R:
Direct cost:
Job R - 120H*65=7800
Add: Indirect cost:
120H* 55=6600
TOTAL R JOB=14400
Job P:
DC:
Job P - 160H*65=10400
IC:
160H*55=8800
TOTAL P JOB=19200
Answer:
You must deposit "$74,806.25" today.
Explanation:
The given values are:
Periodic payment,
P = $10,300
Rate of interest,
r = 
= 
Number of periods,
n = 
= 
Now,
The PV of annuity will be:
= ![\frac{P\times [1 - (1 + r)^{-n}]}{r}](https://tex.z-dn.net/?f=%5Cfrac%7BP%5Ctimes%20%5B1%20-%20%281%20%2B%20r%29%5E%7B-n%7D%5D%7D%7Br%7D)
On substituting the given values, we get
= ![\frac{10,300\times [1 - (1 + 2.2 \ percent)^{-8}]}{2.2 \ percent}](https://tex.z-dn.net/?f=%5Cfrac%7B10%2C300%5Ctimes%20%5B1%20-%20%281%20%2B%202.2%20%5C%20percent%29%5E%7B-8%7D%5D%7D%7B2.2%20%5C%20percent%7D)
= 
= 
($)
Answer:
journal entries are given below
Explanation:
given data
computers cost = $4,740
Accumulated Depreciation = $4,740
disposal = $3,480
solution
journal entries are
S.No. Accounting Titles Debit Credit
a. Accumulated depreciation 4,740
Computer 4,740
b. Accumulated depreciation 3,480
Loss on disposal 1,260
Computers 4,740
