Answer:
obstacles - provide a challenge
Answer:
a. Compute the cost of retained earnings (Ke)
$60 = $3 / (Ke - 8%)
Ke - 8% = $3 / $60 = 5%
Ke = 13%
b. If a $5 flotation cost is involved, compute the cost of new common stock (Kn).
$60 (1 - $5/$60) = $3 / (Kn - 8%)
$55 = $3 / (Kn - 8%)
Kn - 8% = $3 / $55 = 5.45%
Kn = 13.45%
Flotation costs reduce the amount of money that the company receives for every new stock that it issues, therefore, it increases the cost of new stocks.
Answer:
9.1%
Explanation:
With regards to the above, margin is computed as;
Margin = (Net operating income ÷ Sales) × 100
Given that:
Net operating income = $2,597,140
Sales = $28,540,000
Margin = ($2,597,140 ÷ $28,540,000) × 100
Margin = 9.1%
Answer:
<u><em></em></u>
Explanation:
By definition the<em> atomic number </em>of an element is the<em> number of protons.</em>
The protons are the positevely charged particles in the nucleus of the atom.
The atomic number of an element is what uniquely identifies it. There are 118 known elements and all of them are represented in the periodic table. Then, there are 118 different atomic numbers.
The elements are arranged in the periodic table in increasing order ot atomic number.
For instance:
- The element with <em>atomic number</em> 1 is hydrogen (H). It is the first element in the periodic table, located in the upper left corner of the table. It has one <em>proton</em>. NONE other element has just one proton.
- The element with <em>atomic number</em> 2 is helium (He). It has two <em>protons</em>, is located at the upper right corner of the periodic table and NONE other element has just two protons.
- The element with <em>atomic number</em> 118 is Oganesson (Og). It is the last element in the periodic table. It is located in the bottom right corner of the periodic table. It has 118 <em>protons</em> and NONE other element has atomic number 118.
Answer:
Interest Receivable 6,490 debit
Interest Revenue 6,490 credit
(To record interest revenue from Stellar Enterprises loan)
Explanation:
The banks accounting will reflect the accrued interest as well. From their perpective, the interest are revenue as they are the lender of the loan.
It will recognize the interest revenue from the accounting period
and will declare the interest receivable for the same amount.
<u>From this we can deduct:</u>
the payable from one entity is a receivable for another entry.
the interest expense from one firm will be interest revenue for another.
