Answer:
12.51%
Explanation:
The formula to compute WACC is shown below:
= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)
= (0.10 × 26%) × ( 1 - 40%) + (0.10 × 3%) + (0.15 × 71%)
= 1.56% + 0.30% + 10.65%
= 12.51%
Simply we multiply the weightage with its cost
Answer:
The correct option is intentional foul.
Explanation:
Intentional foul is the kind of foul in which an individual or defensive player deliberately commit the foul in order to stop the offense and it is usually for the time management.
It is committed purposely so that the fouled player will shoot foul shots and the defense could get the possession of the ball again.
In this case or situation, contacting away the ball from an opponent who is not involved in the play is an intentional foul.
Answer:
Dr Notes Payable 4500
Dr Interest expense 75
Cr Cash 4575
Explanation:
Based on the information given if On April 12, the Hong Company agrees to accept a 60-day which include the amount of $4,500 note from Indigo Company which means that in order to extend the due date on an overdue account the journal entry that Indigo Company would make, when it records payment of the note on the maturity date is :
Dr Notes Payable 4500
Dr Interest expense 75
(4500/60 days)
Cr Cash 4575
(4500+75)