Answer:
a. 5.40%
Explanation:
First, I will calculate the new cost of equity for both stock X and Y:
Required rate of return = risk free rate + (beta x market premium)
Re stock X = 8% + (1.6 x 6%) = 8% + 9.6% = 17.6%
Re stock Y = 8%  + (0.7 x 6%) = 8% + 4.2% = 12.2%
The difference between the required rate of return = 17.6% - 12.2% = 5.4%
 
        
             
        
        
        
Each tire is worth $134.79 :)
        
                    
             
        
        
        
Answer:
Option (a) is correct.
Explanation:
Given that,
Sales = $410,000
Costs = $284,000
Depreciation Expense =  $510,000 × 0.1920]
                                      = $97,920
Therefore, 
Operating Cash Flow: 
= [(Sales - Variable Costs - Fixed Costs) × (1 - Tax Rate)] + [Depreciation × Tax Rate]
= [($410,000 - 284,000) × (1 - 0.35)] + [$97,920 × 0.35]
= [$126,000 × 0.65] + [$97,920 × 0.35]
= $81,900 + $34,272
= $1,16,172
 
        
             
        
        
        
Answer:
Net Sales                         $2720 
Explanation:
 Hancock Corporation 
     Jan 6:   Sales                      $ 1500
Add Jan 6    Sales                      $ 850
Less Jan 14   Sales Discount     $ 30 ( 2% of $ 1500)
<u>Add Feb 28:   Sales                   $ 400</u>
<u>Net Sales                                  $2720 </u>
Only a 2% discount is given on the cash received on Jan 14  on the sales made on JAn 6 to S. Green  because the cash is received within the first ten days of sales made. The cash received on Feb 2 is not given the sales discount as it is received after ten days of the sales made. That is sales were done on Jan 6 to M. Munoz.  with the terms 2/10, n/30 meaning discount will be given within the first ten days . But as the payment was on Feb 2 almost 17 days later the discount is not given. 
The term 2/10 n/30 means a two percent discount will be given if sales were  paid within the first ten days. So a discount is given to S. Green but not M. Munoz as payment is done after 10 days. 
 
        
             
        
        
        
Answer:
 b. plus any subsequent processing cost.
Explanation:
In the case of the acceptable costing method for by-products the inventory cost that are depend upon the joint cost should be distribution to the by-product plus if there is any processing cost 
that means 
Inventory cost of the bu-product = joint cost + processing cost
Therefore the same should be considered