Answer:
The answer is given below;
Explanation:
Preference stocks 950*50 Dr.$47,500
Paid in capital in excess of par-preference shares Dr.$ 13,300
(64-50)*950
Common Stocks 1,900*10 Cr.$19,000
Paid in capital in excess of par-common stocks Cr.$41,800
(64*950)-(1900*10)
Answer:
Aurillo Equipment Company (AEC)
If AEC refinances its high interest bonds, its projected new ROE will be:
= 15.6%
Explanation:
a) Data and Calculations:
Total debt = $200,000
Debt ratio = 80%
Total assets = $250,000 ($200,000/80%)
Equity = $50,000 ($250,000 - $200,000)
Old interest rate on old debt = 14%
New interest rate on refinanced debt = 10%
Total interest = $20,000 ($200,000 * 10%)
Sales revenue = $300,000
EBIT = $33,000
Interest 20,000
Before tax $13,000
Tax = 5,200 (40% of $13,000)
Net income $7,800
ROE = Net income/Equity * 100
= ($7,800/$50,000 * 100)
= 15.6%
Answer:
generativity versus stagnation
Explanation:
found the answer to your question here and this website likely has the questions to the whole assignment https://quizlet.com/107290559/psych-chapter-4-mastery-quiz-flash-cards/
<span>High-tech and tourism industries have provided new jobs in Wales in recent years.</span>
