Answer:
D. It only benefits a handful of the world's countries is the correct answer.
Explanation:
Answer:
$5000
Explanation:
Since Elm City issued a purchase order for supplies with an estimated cost of $5,000, although when the supplies were received, the accompanying invoice indicated an actual price of $4,950, the amount that Elm should credit to encumbrances outstanding in its general fund after the supplies and invoice were received; is $5000
Notice that encumbrances are set aside funds for a purpose, therefore upon ordering, encumbrances balance would increase, and Elm would have passed the following entry
Dr. Encumbrances...$5000
Cr. Fund Balance.....................$5000
Therefore even if the supply came with a shortfall in amount, in order for Elm City to show that the purpose for making that encumbrance has been met, it has to be liquidated by crediting the Encumbrance account by the full amount of $5000
The actual purchase price, the term of the loan/monthly payment, and the dealer fees
A market that consists of all possible consumers regardless of their specific needs or wants is a <u>"mass market".</u>
The term mass market refers to an overall public market which is comprising of purchasers having a place with different age groups, ways of life and preferences. On the off chance that an organization makes any product or item which is valuable to different purchasers across different areas then it is said to have a mass market request. Items or Products concentrating on a specific statistic frequently have an excessive number of limitations and are restricted by specific limits; such items makes ‘segment market.’
Answer and Explanation:
The computation is shown below:
a. The price per share under MM proposition is
= Debt ÷ Difference in Number of shares
= $1,330,000 ÷ (155,000 - 105,000)
= $26.60
b. The value of the firm under each plans is
For All equity plan
= Share price × Number of shares
= $26.6 × 155,000 shares
= $4,123,000
For Levered plan
= All equity plan value + Debt × Tax rate
= $4,123,000 + $1,330,000 × 0%
= $4,123,000