Answer:
JDW Corporation
Income Statement
For the year ended December 31, 20x1
Sales revenue $2,929,500
Cost of goods sold <u> ($1,786,995)</u>
Gross margin $1,142,505
S&A expenses <u> ($585,900)</u>
Income from operations $556,605
Other comprehensive income:
- Unrealized holding loss AFS securities ($22,000)
- Currency translation gain $26,250
- Unrealized loss from pension adjustment ($7,000)
- Total other comprehensive income/loss <u> ($2,750)</u>
Net income before taxes $553,855
Answer:
Quigley's WACC = 7.53%
Explanation:
The after-tax cost of debt = 0.07 * (1-tax rate)
The after-tax cost of debt = 0.07 * (1 -0.4)
The after-tax cost of debt = 0.07 * 0.6
The after-tax cost of debt = 0.042
The after-tax cost of debt = 4.2%
WACC = Respective costs*Respective weight
40% debt, 10% preferred, and 50% common equity
WACC = (4.2*0.4) + (0.1*6) + (0.5*10.5)
WACC = 1.68 + 0.6 + 5.25
WACC = 7.53%
Selecting your customer is essential in the business so as to focus efficiently your resources to the type of demand customers entail. In the consideration of the selection, this includes the age bracket, economic status, cultural upbringing, sex, and many more other factors. There is an exhaustive list of factors to consider.
Answer:
The correct answer is the option 2: Loan Origination Fee.
Explanation:
To begin with, a <em>Loan Origination Fee</em> is the name given in the U.S to an upfront fee, that is being charged by a lender who will process a new loan application and the main purpose of the fee is to compensate the time that is being used for putting the loan in place. Moreover, this type of fees are quoted as a percentage of the total loan. Furthermore, this type of loan is usually associated with a construction loan due to the fact that it will be good for the borrower only is the person plans to sell or refinance within a few years.