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2 years ago

Accounts Payable: $19,207

Business

1 answer:

lisabon 2012 [21]2 years ago

7 0

Answer:

total liabilities = $169,008

Explanation:

total liabilities:

Accounts Payable: $19,207
Discount on Bonds Payable: ($7,000) ⇒ contra liability account
Sales Tax Payable: 3,512
FICA Tax Payable: 3,200
Bonds Payable: 100,000
Note Payable, due in two years 1,709
Unearned Service Revenue 30,500 ⇒ must be reported as a liability
Salaries and Wages Payable 17,880

to determine the total liabilities we just have to add both current and long term liabilities, and subtract any contra liability accounts = $176,008 - $7,000 = $169,008

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Answer:

the company's WACC is 10.04%

Explanation:

Weighted Average Cost of Capital (WACC) is the minimum return that a project must offer before it can be accepted. It shows the risk of the company.

Capital Source Market Value Weight Cost Total Weight

Debt $8,400,000 27.71% 4.389 % 1.22%

Common stock $24,190,000 71.17% 12.2% 8.68%

Preferred stock $1,400,000 4.12% 3.5% 0.14%

Total $ 33,990,000 100.00% 10.04%

Calculation of Market Value and Cost of Debt

Market Value = 8,000×($1,000×105%) = $8,400,000

Cost of Debt = interest × (1 - tax rate)

= 5.7% × ( 1-0.23)

= 4.389 %

Calculation of Market Value and Cost of Common stock

Market Value = 410,000× $59 = $24,190,000

Cost of Common stock = Risk free Rate + Beta × Market Premium

= 4.5% + 1.10× 7%

= 12.2%

Calculation of Market Value and Cost of Common stock

Market Value = 17,500× $80 = $1,400,000

Cost of Preferred stock = 3.5%

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3 years ago

A ________ check would be used to restrict the fines for speeding violations from $50 to $250.

snow_lady [41]

Range would be the check that is used to restrict the fines for speeding violations from $50-$250

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3 years ago

Marie who has been the department manager at Verve, Inc., for five years starts every Monday morning with a 60-minute department

Setler79 [48]

Answer:

B) Stories

Explanation:

Stories are part of the artifacts or manifestations of the organization's culture. They reflect the values and past actions (specially success stories) of the organization's history and attempt to create a type of legend surrounding certain events. The stories about the organization must be based on facts and are generally exaggerated, but they should never be considered fiction.

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3 years ago

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luda_lava [24]

Answer:

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Explanation:

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As we know that:

Price earning ratio = market value per share / earning per share

= $42 / 2.84

= $14.78

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3 years ago

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kipiarov [429]

Answer:

A. Internal

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