Answer:
Interest payment on bonds payable is a cash outflow from financing activities.
Explanation:
The only statement which is false from the list is : Interest payment on bonds payable is a cash outflow from financing activities.
Interest payment on bonds payable is an expense in the income statement used to determine the income for the year. Net Income falls under the Cash flows from Operating Activities.
<span>Janet is a financial procurement manager of Unicorn Infra Inc. She is responsible for the efficient and effective management of the company’s funds. Her function includes planning, organizing, directing and controlling of activities with regards to its procurement and use. </span>
By definition, the Weighted Average Cost of Capital or WACC is
the rate that an organization is expected to pay to all its security holders to
finance its assets.
Mathematically this can be calculated by summation of the
weighted average of the cost:
wacc = 0.4 * 0.06 + 0.15 * 0.075 + 0.45 * 0.13
wacc = 9.38%
