Panuto: Buuinangmgasalita. Punan ng tamang letra ang bawat kahonupangmabuoangtamangsalita.Isulatangsagotsaiyongsagutangpapel.

The following information pertains to Alpha Computing at the end of 2015:

vlada-n [284]

Answer:

Dividens paid in 2015: $85.000

Explanation:

TOTAL ASSETS 972.500

TOTAL LIABILITIES 450.000

Common Stock $ 370.000

Retained Earnings $ 152.500

TOTAL EQUITY $ 522.500

Retained Earnings Report

Opening retained earnings $ 0

Add: Net Income $ 237.500

Subtotal $ 237.500

Less: Dividens -$ 85.000

Total $ 152.500

8 0

3 years ago

Three institutions that deal with human rights violations

Jet001 [13]

<span>European Union.Council of Europe.<span>Organisation of American States (OAS)</span></span>

4 0

3 years ago

A common error the auditor may find during the audit of property, plant, and equipment is that the client neglected to make a jo

inna [77]

Answer:

In the current case, the CPA checked the initial adjusts of property, plant and gear during his first year of commitment. Presently during his subsequent year, he goes over certain things which may expect him to change his review systems.

Part 1.

At the point when the associate controller expressed that "they had such a large number of additional items lying around", the CPA would have realized that numerous additional printers and the scanners are there in the organization. As the organization isn't a misfortune making endeavor or scaling down, there is no purpose behind this to occur, other than that the organization has bought new printing and examining hardware.

Thus, numerous old printers and scanners have gotten out of date and now are lying around being pointless.

Additionally, as the CPA would have entered the customer office and had introductory conversations with the administration, before beginning of the review strategies, he would have seen the numerous scanners on every representative's work area, yet no printer. That also have cautioned the CPA with respect to the organization's difference in hardware use.

Part 2.

Presently, as the organization has bought numerous new gear, the review technique which can be included are:

Verify the physical gear with the solicitations being entered in the framework
The sensibility of the new buys
The treatment of the old gear, regardless of whether disposed of and discounted from the books or not
The cost booked in the benefit and misfortune account, for the gear lying around the workplace, yet with no utilization and scrap esteem left
As the organization has rolled out numerous improvements with the benefits of the organization, physical check of the advantages ought to be certainly considered in the review program

Part 3.

The cost in regards to the new gear in the financials would have furnished the CPA with the data that organization has brought about costs on the new hardware.

The expanded devaluation cost would have raised the doubt.

The conversations with the administration about the general working of the organization and the advancement of the organization would have featured this point in the discussion.

Other than this, irregular voyage through the workplace and conversations with not many of the representatives would have featured this act of the organization to the examiner.

6 0

3 years ago

On May 19, Easy Repair Service extended an offer of $123,000 for land that had been priced for sale at $141,000. On June 4, Easy

mylen [45]

Answer:

$134,000.

Explanation:

According to the rules of GAAP, the asset's value recorded in the books is the cost at which it was acquired. The recorded value becomes the assets book value. For tangible assists such as land, motor vehicles, and buildings, the book value will comprise the actual assets' cost plus all other acquisition related costs such as agents fee and surveys fee.

For easy service repairs, the price it paid was $134,000. It accepted the counteroffer, meaning it paid that amount for the land. No other related costs are mentioned. $134,000 is the book value for the land.

6 0

3 years ago

Problem 14-13 Calculating the WACC [LO3] Dinklage Corp. has 4 million shares of common stock outstanding. The current share pric

sleet_krkn [62]

Answer:

WACC = 8.97%

Explanation:

total value of equity = $70 x 4,000,000 = $280,000,000

cost of equity:

$70 = $4.4935 / (Re - 4.5%)

Re - 4.5% = 6.42%

Re = 10.92%

total value of debt:

$75 million x 0.95 = $71,250,000

YTM = {70 + [(1,000 - 950)/25]} / [(1,000 + 950)/2] = 72 / 975 = 7.3846%

$60 million x 1.07 = $64,200,000

YTM = {60 + [(1,000 - 1,070)/8]} / [(1,000 + 1,070)/2] = 51.25 / 1,035 = 4.9517%

weighted cost of debt = ($71,250,000 / $135,450,000 x 7.3846%) + ($64,200,000 / $135,450,000 x 4.9517%) = 3.8845% + 2.347% = 6.2315%

total value of the firm = $280,000,000 + $135,450,000 = $415,450,000

equity weight = $280,000,000 / $415,450,000 = 0.674

debt weight = 1 - 0.674 = 0.326

WACC = (0.674 x 10.92%) + (0.326 x 6.2315% x 0.79) = 7.36% + 1.605% = 8.965% = 8.97%

8 0

3 years ago