Answer:
AAA Inc. and ZZZ Inc.
AAA Inc ZZZ Inc.
Equity value = $127.5 million $197.2 million
Explanation:
a) Data and Calculations:
AAA Inc ZZZ Inc.
Annual earnings before interest and taxes $11.1 million $11.1 million
Annual interest (5% of $59 million) $2.95 million
Income taxes $0 $0
Annual dividends payments $8.15 million $11.1 million
Annual retained earnings $0 $0
Current market value of debts $59 million $0
Outstanding shares 1.7 million 3.4 million
Market price per share $75 $58
Equity value = (outstanding shares * market price)
= $127.5 million $197.2 million
(1.7 million * $75) (3.4 million * $58)
Total assets $186.5 million $197.2 million
Answer:
Debit supplies expense $2,200
Credit office supplies $2,200
Explanation:
The beginning balance of $1,600 plus the purchases of $1,800 makes an available office supplies balance for the period in the amount of $3,400. A year-end physical count of $1,200 constitutes the remaining supplies balance at the period after they used up the $2,200 portion ($3,400 - $1,200). The appropriate journal entry at the year end is to recognize the expense portion of the supplies. Therefore, we have to debit supplies expense and credit office supplies in the amount of $2,200.
Answer:
b) No, the correct entry would be a debit to Maintenance and Repairs Expense and a credit to Cash.
Explanation:
Any expense will be capitalized when it increases the capacity and efficiency of the asset. A routine repair cost is incurred in order to keep the asset operational to generate income for the business.
To record the repair cost we need to debit the Maintenance and Repairs Expense and crediting cash ( assumed cash payment is made for the repairs ). We should not capitalize this cost by debiting the asset cost account.
<span>Women in this age range are most likely mothers to one or more children, so the display network should focus on the messaging moms want to hear, like how these shoes can help them complete their exercise in less time so they can focus on providing for children, working, or maintain their bodies after child birth.</span>
The members of OPEC that would be in favor of high prices due to the small oil reserves that they have would be the countries in Africa
- Ecuador
- Angola
- Tunisia
- Gabon
<h3>What is OPEC?</h3>
This is an organization of the petroleum producing countries of the world.
Due to a rise in the oil prices now, these nations would most likely be favored in the sales of their products
Read more on OPEC here: brainly.com/question/26412451
