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Vlad [161]
3 years ago
12

Brief Exercise 22-07 Sunland Company classifies its selling and administrative expense budget into variable and fixed components

. Variable expenses are expected to be $26,020 in the first quarter, and $5,140 increments are expected in the remaining quarters of 2020. Fixed expenses are expected to be $41,120 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2020.
Business
1 answer:
prohojiy [21]3 years ago
7 0

Answer:

So whats the question???

Explanation:

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Assume that Kish Inc. hired you as a consultant to help estimate its cost of common equity. You have obtained the following data
Kobotan [32]

Answer:

Cost of equity= 10,50%

Explanation:

The cost of equity is the return a company requires to decide if an iThe cost of equity is the return a company requires to decide if an investment meets capital return requirements. A firm's cost of equity represents the compensation the market demands in exchange for owning the asset and bearing the risk of ownership.

Cost of equity= (D1/P0)+g

D1= next year dividend (D0*

P0=actual price

g= growth rate of dividends

In this exercise:

D1=D0*(1+g)=0,90*1,07=$0,963

P0=$27,50

g=0,07

Cost of equity= 0,963/27,5+0,07=0,1051=10,50%

8 0
3 years ago
Kaira's company recently switched to a new calendaring system provided by a vendor. Kaira and other users connect to the system,
nikitadnepr [17]

Answer:

Software as a Service (SaaS)

Explanation:

Software as a service (SaaS) allows users connected to cloud-based applications over the Internet and use them. Some common examples are email, calendars and office tools (such as Microsoft Office 365).

SaaS offers a comprehensive software solution that is acquired from a cloud service provider through a pay-per-use model. It is possible to rent the use of an application for the organization and users connect to it through the Internet, usually with a web browser. All underlying infrastructure, middleware, software and application data are located in the provider's data center. The service provider manages the hardware and software and, with the appropriate service contract, will also guarantee the availability and security of the application and data. SaaS allows an organization to get started and can run applications with a minimal initial cost.

3 0
3 years ago
Which of the following statements is not correct?
Alexeev081 [22]

Answer:

B. The owner's drawing account is closed to the Income Summary account

Explanation:

5 0
3 years ago
Bianca's discount home furnishings store is in a strip mall. She wants to know what other businesses in the strip mall her custo
lora16 [44]

Answer:

observation

Explanation:

Based on the information provided within the question it can be said that in this scenario Bianca will most likely use observation. That is because the best way of gathering this information is to observe each customer as they walk out of the store and see which store they go into next. This information can be written down and reviewed later.

7 0
3 years ago
Read 2 more answers
A company plans to sell 5,700 units in June. The company has 855 units in beginning inventory and has a target of 900 ending inv
Katarina [22]

Answer:

5,745 units

Explanation:

As we know that

Number of units produced = Estimated units sold + ending inventory units - beginning inventory units

= 5,700 units + 900 units - 855 units

= 5,745 units

We simply added the ending inventory units and deduct the beginning inventory units to the Estimated units sold so that the number of units produced could come.

4 0
3 years ago
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