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yarga [219]
3 years ago
11

Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount repor

ted on the year-end balance sheet for cash and cash equivalents.$7,000 cash deposit in checking account.$28,000 bond investment due in 20 years.$7,000 U.S. Treasury bill due in 1 month.$400, 3-year loan to an employee.$1,800 of currency and coins.$700 of accounts receivable.
Business
1 answer:
Brrunno [24]3 years ago
5 0

Answer:

the  cash and cash equivalents is $15,800

Explanation:

The computation of the cash and cash equivalents is given below:

= Cash deposit + U.S. Treasury bill due in 1 month + currency and coins

= $7,000  + $7,000 + $1,800

= $15,800

hence, the  cash and cash equivalents is $15,800

The same is to be considered and relevant

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BBQ Corporation has a target capital structure that is 70 percent equity, 30 percent debt. The flotation costs for equity issues
andrey2020 [161]

Answer:

$172,215,844 is the cost when flotation costs are considered

Explanation:

<em>flotation</em>

Weighted average flotation cost = {(Flotation cost debt * Weight debt) + (Flotation cost equity * Weight equity)

= (8% * 0.30) + (15%  * 0.70)

=0.024 + 0.105

= 0.129

= 12.9%

Calculation of the cost of funds

Cost of funds = Amount raised / (1 - Weighted average floatation cost)

= $150,000,000 / (1-0.129)

= $150,000,000 / (0.871)

=$172,215,844

Therefore, the cost of raising fund is $172,215,844

7 0
4 years ago
Which comprised thousands of families, generally each performed a particular economic activity?
ale4655 [162]

The kinship units comprised thousands of families where each performed a particular economic activity. Jati is the Sanskrit name that is given to such kingship units.

Jati is the traditional term used to describe a cohesive group of people in India. This is similar to a tribe, community, clan, sub-clan, or religious section of people. Each Jati has an association with economic activity,  geography, or tribe. Different linguistic groupings and religious beliefs may also define some Jatis.

The Sanskrit word Jati means 'birth.' The term Jati is used for the thousands of clans, families, and communities. This may also refer to a caste within the Hindu family. Madhav Gadgil who is a professor has Jatis as self-governing and closed communities. This was based on the research done by him in ancient Maharastra.

Learn more about kinship units here:

brainly.com/question/14082940

#SPJ4

3 0
2 years ago
A customer has signed a Letter of Intent (LOI) to buy $25,000 of XYZ mutual fund to qualify for a breakpoint that reduces the sa
Liono4ka [1.6K]
Hthjttjbbtnntntnybbbybt
6 0
3 years ago
You can best deal with visitors that drop into your office by A. telling them you are busy now and suggest an alternative time t
Katyanochek1 [597]
Hi!

That's a funny one xD


The correct answer is A
Tell them you are busy now and suggest an alternative time to talk.

The other options are not good because if you just tell them you are bus now, you will lost the client. They will think you are not care for them. You can't tell them to make an appointment with your assistant because they want to talk with you,not the assistance. OMG always keeping the door closed is the worst xD. It shows that you don't welcomed people so you wouldn't have enough client.


I hope this helps!
4 0
3 years ago
McGuire Company acquired 100 percent of the voting common shares of Able Corporation by issuing bonds with a par value and fair
-Dominant- [34]

Answer: $650,000

Explanation:

Given that,

Fair and par value of issued bonds = $150,000

Prior acquisition, McGuire reported

Total assets = $500,000

Liabilities = $280,000

Stockholders’ equity = $220,000

At that date, Able reported

Total assets = $400,000

Liabilities = $250,000

Stockholders’ equity = $150,000

Account payable to McGuire = $20,000

Total assets reported by McGuire after acquisition:

= Total assets + Fair value of investment

= $500,000 + $150,000

= $650,000

4 0
3 years ago
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