Answer:
Explanation:
The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.
And, the balance sheet comprises of the assets and liabilities. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.
The preparation of the statement of stockholders’ equity and the balance sheet is presented in the spreadsheet. Kindly find the attachment below:
Yes, Saul Goodman is violating Law Of Demand.
<h3><u>
What is Law of Demand?</u></h3>
- One of the most fundamental ideas in economics is the law of demand. It explains how market economies distribute resources and set the prices of goods and services that we see in daily transactions by combining the law of supply.
- According to the law of demand, the quantity bought varies inversely with price. In other words, the quantity demanded decreases as the price increases. Because of declining marginal utility, this happens.
- In other words, consumers utilize the initial units of an economic good they buy to fulfill their most pressing requirements first, and they use the subsequent units to fulfill progressively lower-valued goals.
Since, Saul Goodman bought less pizza after its price drop, he's violating the law of demand.
Know more about Law of Demand with the help of the given link:
brainly.com/question/10782448
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Answer:
a) 12.87%
b) 11.03%
Explanation:
EBIT with no debt = $111,000
net income = $111,000 x (1 - 22%) = $86,580
total value of the firm with no debt = $86,580 / 12% = $721,500
value of the firm after debt is taken = $721,500 + ($165,000 x 22%) = $757,800
debt to equity ratio after debt is taken = $165,000 / ($757,800 - $165,000) = 27.834%
new cost of equity (Re) = 12% + [(12% - 8%) x 27.834% x (1 - 22%)] = 12.87%
WACC = (0.72166 x 12.87%) + (0.27834 x 8% x 0.78) = 9.288% + 1.737% = 11.025$ = 11.03%
Answer:
So book value at the end of December will be $9676
Explanation:
We have given amount of the bond = $10000
Rate of interest = 8 %
So interest paid Interest paid = 10000×0.08 = 800
Issue price = $9611
Effective interest rate = 9 %
Interest expense = 9611×0.09= 865
Discount amortization = 865-800 = 65
Book value at the end of December 31,2019 = 9611+65 = 9676