Answer:
WACC = 7.48%
Explanation:
We can calculate the Firm's WACC by using Excel.
Let's assume this is our Excel Blank Sheet.
A B C D
1 Particulars Rate Weight Weighted rate
2 Debt = 7.75%(1 - 40%) 0.45 =B2×C2
= 4.65%
3 Equity = (0.65/(19 × (1 - 10%)))+6%
= 9.80% 0.55 = B3×C3
4 WACC =SUM(D2:D3)
<h3>
Output:</h3>
A B C D
1 Particulars Rate Weight Weighted rate
2 Debt = 4.65% 45% 2.09%
3 Equity = 9.80% 55% 5.39%
4 WACC 7.48%
Answer:JC Coffee house journal$
Date
a. June 1 2022
Bank Dr. 15,000
Gem state bank Cr. 15,000
Narration. Acquisitions of $15,000, 8%, 7c months loan.
b. June 30, 2022
Interest Dr 1200
Gem bank Cr. 1200
Interest on loan for the month of June
C. Interest as at December 31 2022
8% * $15,000*7
=$8400
Jan 1 2023
Gem state bank Dr 23,400
Bank. Cr. 23,400
Narration. Payment of $15,000, at 8% , 7 months and associated interest on maturity.
Answer:
measures whatever causes costs to vary
is sometimes called a cost driver
Explanation:
Activity base is an action that is measured in activity based costing method. It is used to share overhead cost.
For example if cost of maintenance of machines is to be allocated to produced goods, machine hours is a good basis that is measured to achieve this.
In a more complex scenario several activity bases can be used to allocate cost.
So activity base measures whatever causes cost to vary and is also a cost driver
Didn’t pay the credit back to the bank as with a credit card the bank gives you money and you pay it back after so many months
<span>A person must show understanding for different cultures and the beliefs of different individuals. Everyone must be given the same chance for promotion and given proper respect. In order to cooperate, everyone’s opinion should be valued at the same measure.</span>