A thank you letter for an interview should always be sent within <u>24 hours</u> of finishing the interview.
Answer:
The correct answer is letter "A": journalize the daily transactions in the inventory account.
Explanation:
Physical inventories are the process of measuring the material items of a company's stock. The measures can be given in terms of numbers or weighing the objects. The most common methods of measuring inventory in a company are the perpetual inventory system which is used as soon as inventory is received or sold and the periodic inventory system every certain period which could be every month, quarter, or year.
<em>A physical inventory is not used to journalize transactions every day in the corresponding inventory accounts.</em>
Answer:
is greater than the hurdle rate.
Explanation:
other options are wrong because:
equates the present value of the project's cash inflows with the present value of the project's cash outflows ⇒ this is the definition of IRR
is greater than zero ⇒ if the project yields any profit, its IRR should be higher than 0
is less than the firm's cost of investment capital ⇒ the firm's NPV would be negative
is greater than the project's net present value ⇒ this simply doesn't make sense
Answer:
The value of the levered firm is $917.35 million
Explanation:
To calcuate the value of the levered firm under the Miller Model, we have to use the following formula:
Value of levered firm (VL) = Value of unlevered firm(VU) + [1- { (1-Tc) * (1-Te) / (1-Td) } ] * Value of Debt (D)
= $850 million + [1 - { (1-0.34) * (1-0.25) / (1-0.30) } ] * $230 million
= $917.35 million. Value of levered firm (VL)
Of supply increases and demand increases.