Prepare adjusting entries for the following transactions.

Scranton Shipyards has $20 million in total investor-supplied operating capital, and its WACC is 10%. Scranton has the following

Setler [38]

Answer: $400,000

Explanation: Given the following :

Operating Income (EBIT) = $4,000,000

Weighted average cost of Capital (WACC) = 10% = 0.1

Operating capital = $20,000,000

Taxes = 40% = 0.4

Economic Value Added (EVA) is given by;

EBIT x (1-Tax) - (WACC x Operating capital)

$4,000,000 × (1-0.4) - (0.1 × 20,000,000)

$4,000,000 × (0.6) - (2,000,000)

$2400,000 - $2,000,000

=$400,000

6 0

3 years ago

According to Anne Roe’s personality theory of career choice, people choose occupational fields based on their ______________, wh

Gekata [30.6K]

According to Anne Roe’s personality theory of career choice, people choose occupational fields based on their need structures, which were influenced by the childhood environments that they experienced.

Explanation:

Anne Roe’s personality theory of career choice was well explained in her book “Psychology of Occupations”. There are certain factors that influence in deciding the career of a person. The factors are psychology, biology and sociology of a person.

Individuals decide their field of work based on their demands and needs. The childhood experience may also influence the occupation field of the person. Need structure provides the requirement of the person according to their lifestyle and requirements.

4 0

3 years ago

On March 1, 2018, Gold Examiner receives $165,000 from a local bank and promises to deliver 100 units of certified 1-oz. gold ba

photoshop1234 [79]

Answer:

there are two performance:

the sales revenue and the insurance.

cash 165,000 debit

unearned revenues 165,000 credit

--to record collectiong from local bank

unearned revenues 165,000 debit

sales revenues 151,000 credit

insurance liability 9,900 credit

--to record gold delivered to Brink's--

insurance liability 9,900 debit

insurance fees earned 9,900 credit

--to record reception of bank from Brink/end of the insurance--

Explanation:

sales revenue

100 x 1,410 = 141,000 = 94%

insurance:

100 x 90 = 9,000 = 6%

total 150,000

combo: 165,000

sales revenue: 165,000 x 94% = 155,100

insurance fee earned: 165,000 x 6% = 9,900

7 0

3 years ago

The variance of a sample of 121 observations equals 441. The standard deviation of the sample equals 1.91. 231. 21. 11.

Cloud [144]

The standard deviation of sample equals: 11

Explanation:

Given:

variance of sample ( $S^{2}$ ) = 121

no, of observations made = 441

standard deviation = ?

By using the formula:

Standard deviation (S) = $\sqrt{variance}$

= $\sqrt{S}$

= $\sqrt{121}$

= 11

Hence the standard deviation is equal to 11.

6 0

3 years ago

Foreign businesses in India appear to receive unusually close scrutiny and must meet special regulations, aimed at protecting lo

svlad2 [7]

Answer: .A) nontariff trade barrier

Explanation:

A Non-Tariff trade barrier as the term implies, refers to measures apart from the imposition of tariffs meant to protect local businesses in a country by restricting the trade of international products in that same country.

Such measures include but are not limited to,

• Quotas,

• Levies,

• Embargos, and

• Sanctions etc

6 0

3 years ago