Answer:
$640 million
Explanation:
The computation of maximum amount of new financing is shown below:-
New financing from equity = $800 million × (1 - 40%)
= $480 million
New financing from debt = $480 million ÷ 75% × 25%
= $160 million
Now the maximum amount of new financing is
= $480 million + $160 million
= $640 million
Hence, the maximum amount of new financing is $640 million
Answer:
A. debit to Patent for 10,000FC multiplied by the current exchange rate.
Explanation:
Since the excess of cost over book value was 10,000FC and this excess was traceable to a 10-year patent.
The elimination entry to amortize the excess will include a debit to Patent for 10,000FC multiplied by the current exchange rate assuming the foreign entity's local currency is its functional currency.
Don Meredith, who was an American football quarterback, was replaced during the 1974 pre-season by Fred Williamson who was an American Actor. Fred Williamson's nickname was "The Hammer".
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- Dotz
Answer:
c. the expected level of sales for the company
Explanation:
Revenue/Sales Budget is the first budget to be prepared by most companies because most businesses are sales led.
This Budget shows, the expected level of sales for the company.
Answer:
consumer surplus will decrease.
Explanation:
Consumer surplus is defined as the difference between the price customers are willing to pay for a product and what they actually pay.
On the demand and supply curve it is indicated by the shaded area between equillibrum and demand curve as illustrated in the attached diagram.
For example let's assume the price a customer was willing to pay for a product was $50 and market price was $30
Initial consumer surplus= 50- 30= $20
Assume bmarket price increase to $40
The new consumer surplus is= 50- 40
Present consumer surplus= $10
So a price increase causes a decrease in the consumer surplus.
