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3 years ago

What is an apprenticeship and what does it involve?

1 answer:

3 0

An apprenticeship would be working as an intern because it’s not an actual job but your working there to learn more about it working as an intern involves a little knowledge on that it’s like a practice or training and it’s a system for training a new generation of practitioners of a trade or proffesion with on-the-job training hope that helps :)

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Which of the following is NOT a role increasing the government's complex relationship with business?

son4ous [18]

Answer: C. government cannot have buying power

Explanation:

6 0

3 years ago

Copy equipment was acquired at the beginning of the year at a cost of $56,000 that has an estimated residual value of $8,000 and

sergeinik [125]

Answer:

Results are below.

Explanation:

The depreciable cost is the result of deducting from the purchase price the salvage value:

Depreciable cost= 56,000 - 8,000

Depreciable cost= $48,000

The depreciable rate is the depreciation that the asset suffers in one year express as a percentage:

Depreciation rate= 1/5 = 0.2 or 20% per year

Finally, the units of production depreciation for the first year:

Annual depreciation= [(original cost - salvage value)/useful life of production in copies]*number of copies

Annual depreciation= (48,000/1,000,000)*240,000

Annual depreciation= 0.048*240,000

Annual depreciation= $11,520

5 0

3 years ago

You were hired as a consultant to Quigley Company, whose target capital structure is 35% debt, 10% preferred, and 55% common equ

taurus [48]

Answer:

8.15 %

Explanation:

Weighted Average Cost of Capital (WACC) is the business Cost of permanent sources of finance pooled together. It shows the risk of the business and is used to evaluate projects.

WACC = Cost of Equity x Weight of Equity + Cost of Preferred Stock x Weight of Preferred Stock + Cost of Debt x Weight of Debt

Remember to use the After tax cost of debt :

After tax cost of debt = Interest x ( 1 - tax rate)

= 6.50% x (1 - 0.40)

= 3.90 %

therefore,

WACC = 11.25% x 55% + 6.00% x 10% + 3.90 % x 35%

= 8.15 %

Thus,

Quigley's WACC is closest to 8.15 %.

3 0

3 years ago

Rembrandt Paint Company had the following income statement items for the year ended December 31, 2021 ($ in thousands):

tester [92]

Answer:

<h2> Rembrandt Paint Company </h2><h2>Income Statement - December 31, 2021 </h2>

Sales revenues $34,000

- Cost of goods sold ($18,500)

Gross margin $15,500

Operating expenses:

- Selling and adm. expenses ($4,100)

- Restructuring costs ($2,400)

Total operating expenses ($6,500)

Income from operations $9,000

Other revenue and expenses:

Gain on sales of assets $5,200

Interest revenue $420

Loss from discontinued oper. ($3,200)

Interest expense ($620)

Total other revenue and expenses $1,800

Net income pre-tax $10,800

Income taxes (25%) ($2,700)

Net income after taxes $8,100

Shares outstanding 600,000

Earnings per share (EPS) $13.50

7 0

3 years ago

Mercury Company reports depreciation expense of $56,000 for Year 2. Also, equipment costing $189,000 was sold for its book value

densk [106]

Answer:

Hi, the information you have provided has missing important information.

However relevant detail to tackle the question is provided as follows:

Prepare the Equipment Disposal T - Account and use it to find the missing balance.

Debit :

Cost $189,000

Profit on Disposal xxxx

Credit:

Accumulated Depreciation $112,000

Loss on Disposal xxxx

Cash (Balancing figure) $ xxxx

The Cash received from the sale of the equipment is provided as a balancing figure for this account.

8 0

3 years ago

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