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Oliga [24]
3 years ago
15

A company’s accountant is trying to prepare an adjusted trial balance from the list of accounts below. Cash $ 12,000 Retained Ea

rnings 31,000 Prepaid Rent 2,000 Salaries Expense 15,000 Equipment 68,000 Service Revenue 40,000 Miscellaneous Expense 10,000 Supplies 4,000 Dividends 3,000 Accounts Payable 5,000 Common Stock 38,000 What is the total amount of credits?
Business
1 answer:
Alik [6]3 years ago
4 0

Answer:

114000

Explanation:

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Refer to the data for Best Bagels, Inc. (BB). BB is considering moving to a capital structure that is comprised of 20% debt and
WITCHER [35]

Answer:

$498,339

Explanation:

WACC= wcrs+ wd(1 −T)rd

= (0.8)(0.14) + (0.2)(0.07)(1 −0.4)

= 0.1204

= 12.04%

V= FCF/WACC

g = 0

FCF = NOPAT

= EBIT(1 −T)

V= $100,000(1 −0.4)/0.1204

= $498,338.87

Approximately $498,339.

Therefore If this plan were carried out, what would BB's new value of operations will be $498,339

7 0
4 years ago
Which of the following is true of corporations that operate in several different countries?​ a. ​Uniformity of tax-laws across d
frozen [14]

Answer: Option C

 

Explanation: A company operating in countries other than its home country is called multinational corporations. These entities operate their business in several different countries with the objective of profit maximization.

These entities control  their business in foreign countries from their head quarters in their home country. Thus, in case the company did something illegal or unethical then the government can expropriate their assets without any compensation.

Thus, the correct option is C.

 

8 0
4 years ago
calculate the compund interest monthly for 12 months. the deposit is 5,000 and the annual percenatge rate is 5%
Ludmilka [50]

Answer:

255.81

Explanation:

We have the formula to calculate the monthly compound interest as following:

<em />A = P.(1+\frac{r}{n})^{nt} - P<em />

In which:

+) A: Amount of compound interest

+) P: Principle, the initial deposit

+) r: the percentage rate

+) n: the number of month (if monthly: n =12, quarterly => n = 3, etc.)

+) t: number of years

From that we have: P = 5,000; r = 5% = 0.05; n = 12 months and t = 1

So that the compound interest monthly for 1 year of 12 months is:

<em />A = 5000 . (1+\frac{0.05}{12})^{12.1} - 5000 = 255.81<em />

<em />

<em>So that the answer is 255.81</em>

6 0
3 years ago
Campbell's soups maintain a low-level of advertising during the entire year, but it advertises heavily during the winter months
melomori [17]

Answer: Pulsing

Explanation:

Campbell's soup are making use of pulsing advertising strategy, where businesses which offer products affected by seasonal sales vary their advertising intensity: from low-level advertising at a low sale season to high level advertising at a season of expected higher sales.

7 0
3 years ago
On May 20, White Repair Service extended an offer of $108,000 for land that had been priced for sale at $140,000. On May 30, Whi
Masteriza [31]

Answer:

A

Explanation:

In this question, we are asked at what value should the land be recorded in White Repair services records.

Technically, the value of land is to be recorded as purchase price plus improvements.

Generally, what we mean by improvements include such fees such as attorney fees. Looking at the question, we cannot find any of the entries that speaks about payment yo an attorney or any general land issue. This means that we only record the value of the land as purchase price only.

Looking at the question, the purchase price is the accepted seller’s counter offer. This value is $115,000. Hence, it is the value at which the land would be recorded in White repair service records

8 0
3 years ago
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