In this scenario, we have committed an error related to Procedural justice
Procedural justice refers to way of ensuring fair justice by making decisions according to fair processes to ensure fair treatment.
According to this justice rule, the same rule must be applied to similar scenario and must be impartial as well in order to ensure fair justice.
In conclusion, we have committed an error relating to procedural justice because the rule that was <em>applied to Julio </em>was <em>not applied to John</em>, therefore, there was a bias in justice.
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The weighted average cost of capital (WACC) for ABC Limited is 12.63%
The weighted average cost of capital(WACC) of a firm is the average cost of finance incurred by the firm on all its sources of finance.
It is determined as the sum of the cost of each source of finance multiplied by their respective weights in the firm's capital structure.
By weights, I mean the percentage of funding each source contributes to the total finance available at the firm's disposal.
WACC=(weight of equity*cost of equity)+(weight of mezzanine finance*cost of mezzanine finance)+(weight of debt*cost of debt)
weight of equity=equity finance/total finance
cost of equity=15%
weight of mezzanine finance=mezzanine finance/total finance
cost of mezzanine finance=9.5%
weight of debt of finance=debt finance/total finance
total finance=$5m+$2m+$1m
total finance=$8m
WACC=($5/$8*15%)+($2/$8*9.5%)+($1/$8*7%)
WACC=12.63%
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Answer: $7,740
Explanation:
Given, At December 31, Accounts receivable = $238,000
Allowance for uncollectible accounts = 3% of (accounts receivable)
∴ Allowance for uncollectible accounts = 3% of ($238,000 )
=$(0.03 ×238,000) [3% = 0.03]
= $ (7140)
= $7,140
Allowance for uncollectible accounts (credit) before any adjustments= $600
The amount of the adjustment for uncollectible accounts = Allowance for uncollectible accounts + $600
= $7,140 + $600
= $7,740
Hence, The amount of the adjustment for uncollectible accounts would be: <u>$7,740.</u>
Answer: I am pretty sure the best 2 answers will be your rent and car payment
Explanation:First off Shelter is a need not a want. Electricity, a Backpack, Car insurance and a cell phone plan is a want. So maybe just the rent but I for sure know rent and food is a definite need.
Answer:
10 dollars
Explanation:
First of all you have to arrange the values properly so that the prices would correspond with the quantity demanded or supplied.
After arranging, I found the equilibrium price to be 10 dollars, here we can see that the price of the quantity of goods supplied is the same as the price quantity of goods demanded. The number of goods that were demanded and supplied at this price, 10 dollars is 80 units