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Oksanka [162]
3 years ago
9

“Business may be owned by an individual or a group of persons.” In the light of the

Business
1 answer:
BabaBlast [244]3 years ago
4 0
A successfull investment

You might be interested in
A process with completed and transferred out 28,000 units during a period and had 14,000 units in the ending work in process tha
mestny [16]

Answer:

35,000 equivalent units

Explanation:

Equivalent Units E.U) are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work.

To compute as

Equivalent Units = Degree of completion (%) × units

Items          Units            Workings                 E.U

Completed   28,000     28,000× 100%        28,000

Closing WIP     14,000     14,000 × 50%         7,000

Total equivalent units                                   35000

The total equivalents for conversion cost

= 28,000 + 7,000

= 35,000

8 0
3 years ago
What year was the transistor invented and by what company?.
sveticcg [70]

Answer:

The transistor was invented on June 30th 1948 by Bell telephone laboratories

4 0
2 years ago
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
const2013 [10]

Answer:

Debit Bad Debts Expense $2,939; Credit Allowance for Doubtful Accounts $2,939

Explanation:

Estimated Uncollectibles based on the past experience = $803,000 * 0.3%  

=$2,409

Debit balance in allowance for doubtful accounts = $530

The total amount of Bad Debts Expense to be provided in the adjusting entry = $2,409 + $530

= $2,939

3 0
2 years ago
CoffeeStop primarily sells coffee. It recently introduced a premium​ coffee-flavored liquor​ (BF Liquors). Suppose the firm face
Rudik [331]

Answer:

Risk-free rate = 3.5%

Market risk-premium = 6.9%

Cost of equity (Ke) = ?

Ke = Rf +β(Rm - Rf)

Ke = Rf + Market risk premium

Ke = 3.5 + 6.9

Ke = 10.4%

Cost of debt (Kd) = 5.4%

Market value of debt (D) = 12

Market value of equity (E) = 88

Market value of the company (V) = 100

WACC = Ke(E/) + Kd(D/V)(1-T)

WACC = 10.4(88/100) + 5.4(12/100)(1-0.40)

WACC = 9.152 +  0.3888

WACC = 9.54%

Explanation:

In this case, there is need to calculate cost of equity according to capital asset pricing model, which is risk-free rate plus market risk-premium.

Then, we will calculate the weighted average cost of capital, which equals cost of equity multiplied by the proportion of equity in the capital  structure plus after-tax cost of debt multiplied by the proportion of debt in the capital structure. Since the proportion of debt in the capital structure is 12%(12/100), the proportion of equity will be 88%(88/100).

3 0
3 years ago
A project is expected to generate annual revenues of $132,100, with variable costs of $80,200, and fixed costs of $20,700. The a
Ludmilka [50]

Answer:

$21,943

Explanation:

Calculation to determine the annual operating cash flow

Using this formula

Operating Cash Flow =(Annual Revenue-Variable costs - Fixed costs)×(1-Tax rate)+( Annual depreciation×Tax rate )

Let plug in the formula

Operating Cash Flow =[ ($132,100 - $80,200 - $20,700) x (1 - 0.35)]+ ($4,750 x 0.35)

Operating Cash Flow =

Operating Cash Flow =($31,200×0.65)+$1,663

Operating Cash Flow =$20,280+$1,663

Operating Cash Flow =$21,943

Therefore the annual operating cash flow is $21,943

7 0
3 years ago
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