Answer:
22,290 units
Explanation:
Product A sales (S) = 21,900 units
Product A selling price = $11.90
Product A beggining inventory (I)= 3,900
Product A ending inventory (E) = 3,900 x 1.10 = 4,290
Budgeted purchases of product A must account for all of the projected sales and the desired ending inventory, assuming that the company already has a beginning inventory at hand. Budgeted Purchases of product A are given by:
B range eliminating the property for the property is right
Answer: The correct answer is "He performed the audit with due diligence".
Explanation: If the purchasers prove their required elements, in general Jones will have to prove that: <u>He performed the audit with due diligence.</u>
The objective of a due diligence audit is to serve as a support and element of judgment in the process of quantitative and qualitative evaluation of acquisition or merger transactions between two or more entities. Due diligence is essential to know the value of a company.
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Answer:
9.68%
Explanation:
The cost of equity :
Using this formula
rE=rU+D/E *(rU-rD)
Let plug in the above formula:
rU=0.092
D=0.13
E=(100%-13%)
=0.87
rD=0.06
rE=0.092+ 0.13/0.87*(0.092-0.06)
rE=0.092+0.1494*0.032
rE=0.092+0.004781
= 0.0968 ×100
=9.68%
Answer: See explanation
Explanation:
Sales = $222,000
Less: Cost = $96,500
Less: Depreciation = $26100
EBIT = $99400
Less: Tax = 24% × $99400 = $23856
Net income = $75544
A. EBIT+Depreciation-Taxes
EBIT = $99400
Add: Depreciation = $26100
Less: Tax = $23856
Operating cashflow = $101644
B. Top-Down
= EBIT(1 - t) + Depreciation
= $99400(1 - 0.24) + $26100
= $75544 + $26100
= $101644
C. Tax-Shield
= (Sales - Cost)(1-t) + Depreciation (t)
= ($222000 - $96500)(1 - 0.24) + $26100(0.24)
= ($125500 × 0.76) + $6264
= $95380 + $6264
= $101644
D. Bottom-Up
= Net income + Depreciation
= $75544 + $26100
= $101644
