Answer:
False
Explanation:
Conditional formatting is a special feature in excel spreadsheets that allow the application of specific modification to cells that meet certain criteria.
It is most commonly used to highlight color, emphasize text or heading, and differentiate data from information stored in a spreadsheet.
Answer:
See below
Explanation:
Per the above information,
Ending account receivable balance = Beginning account receivable + Credit sales - Collections - Written off amount
$93,000 = Beginning account receivable + $108,000 - $142,000 - $130
$93,000 = Beginning accounts receivable - $34,130
Beginning accounts receivable = $93,000 + $34,130 = $127,130
So, the beginning account receivable would be;
The ending accounts receivable is computed as;
= $930 ÷ 1%
= $93,000
Answer:
c. Jane grandparents cannot claim her as a dependent because Jane provided more than half of her own support.
Explanation:
Based on the information given the statements regarding the dependency rules for Jane that is true is Jane grandparents cannot in any way claim Jane as a dependent reason been that Jane provided more than half of her own support due to the fact that she her s total support for is the amount of $30,000 which as well include a scholarship of the amount of $5,000 to help cover tuition in which Jane used the amount of $12,000 of her savings while her grandparents on the other hand only provided the amount of $13,000 out of the Total support of $30,000.
<u>Solution and Explanation:</u>
<u>Given data:</u>
the market price of share = $80, the par value of share = $75, floatation cost = $3.5, corporate tax = 21 %
The Annual dividend = 75 multiply with 16 percent = $12
Hence, the cost of preferred stock = Annual dividend divide by (Current price-Flotation cost)
= 12 / (80-3.5)
after solving, we get, which is equal to
= 15.69% (Approx) (rounded off to 2 decimal places)
NOTE: The Tax rate would not affect the cost of preferred stock financing.