ASAP I need help.

In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:

Troyanec [42]

Answer:

$4,469

Explanation:

Calculation for what The adjusted cash balance per the books on January 31 is

Using this formula

Adjusted cash balance = cash balance per books -bank service charges - EFT automatically deducted - NSF Check

Let plug in the formula

Adjusted cash balance= $5325 - $31 -$500 -$325

Adjusted cash balance= $4,469

Therefore The adjusted cash balance per the books on January 31 is $4,469

5 0

3 years ago

Kuhn company is considering a new project that will require an initial investment of $4 million. It has a target capital structu

patriot [66]

Answer:

b. 9.00%

Explanation:

For the computation of WACC first we need to follow some steps which is shown below:-

Step 1

Cost of debt = 5.48% which is explained with the help of attachment.

Given that,

Present value = $1,555.38

Future value or Face value = $1,000

PMT = 1,000 × 11% = $110

NPER = 15 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after applying the above formula, the cost of debt is

Step 2

Cost of preferred stock = Annual preferred dividend ÷ Price

= $8 × $92.25

= 0.086721

Step 3

Cost of equity = Dividend ÷ (Stock price × (1 - flotation cost)) + Growth rate

= 2.78 ÷ (33.35 × (1 - 0.08)) + 0.092

= 18.26%

WACC = Weight of debt × Cost debt) + (Weight of preference stock × Cost of preference stock) + (Weight of equity × cost of equity)

= (0.58 × (0.0548 × (1 - 0.4)) + (0.06 × 0.086721) + (0.36 × 0.1826068)

= 9.00%

6 0

3 years ago

Fill in the price and the total, marginal, and average revenue Vesoro earns when it produces 0, 1, 2, or 3 boxes each day. Quant

Tems11 [23]

Answer:

Demand Curve is same as Average Revenue (AR) curve.

Total Revenue, Marginal Revenue, Average Revenue have been solved below

Explanation:

The demand curve that Vesoro faces is identical to 'Average Revenue' <u>curve</u>. As, AR curve represents average price (P) buyers are willing to pay for a quantity of a commodity.

Average Revenue (AR) is total revenue (TR) per unit quantity. AR = TR/ Q. Total Revenue is the total revenue for all quantities, TR = P x Q

So, Average Revenue = (P x Q) / Q = P ie price. This states that average price willingness to pay is same as AR, demand curve is AR curve.

Assuming perfect competition constant price = $5

Q P TR= PxQ AR= TR /Q MR (marginal revenue = TRn -TRn-1)

0 5 0 0 _

1 5 5 5 5

2 5 10 5 5

3 5 15 5 5

7 0

3 years ago

A firm suffering economic losses decides whether or not to produce in the short run on the basis of whether A. total revenues co

Vinil7 [7]

Answer:

A. total revenues cover total variable cost

Explanation:

In the case of the shory run, if the price is more or equivalent to the avergae variable cost so the firm would continue to operate

That means

P = AR >= AVC

where,

P = Price

AR = Average revenue

AVC = average variable cost

Therefore as per the given situation, the option A is correct

hence, the same is to be considered

3 0

3 years ago

North Company has other operating expenses of $360,000. There has been a decrease in prepaid expenses of $16,000 during the year

Lelu [443]

Answer:$344,000 which is ($360,000-$16,000)

Explanation:

Cash flow from operating activities refers to cash inflow and outflow in ordinary course of business as it relates to sales, purchases, wages, salaries etc. The direct method of cash flow it's strictly concerned with actual cash inflow and outflow for the period. The decrease in prepaid expenses is deducted since it's an outflow, while the accrued liability is of no effect since it's not a cash movement.

4 0

3 years ago