Which investment is best for someone who is likely to need cash soon? mutual fund CD 401(k) savings account

AJ Manufacturing Company incurred $54,000 of fixed product cost and $43,200 of variable product cost during its first year of op

kvv77 [185]

Answer:

Explanation:

The preparation of the income statement is presented below using the generally accepted accounting Principles (GAAP) :

Sales $176,000

Less: Cost of goods sold ($97,200) ($54,000 + $43,200)

Gross margin $78,800

Less: Selling and administrative cost ($31,000) ($17,200 + $13,800)

Net income $47,800

Hence, we considered all the given information

8 0

3 years ago

Ira orally agrees to buy a unique collection of sports memorabilia for $1,000 from Jane and sends her $250 as a down payment. Wh

OLEGan [10]

Ira should seek specific performance.

A particular remedy called specific performance is utilized by courts when no other option, such monetary compensation, will fully satisfy the other party. The court will choose that option instead if it will put the injured party in the same situation as if the contract had been fully completed.
A court may order a party to carry out a specific conduct, such as completing the contract's performance, as a form of equitable relief under the law of contracts.
If damages are a suitable alternative, it is normally not accessible but is typically available in the sale of land law. Contracts for personal services nearly seldom allow for specific performance.

Thus this is the answer.

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6 0

2 years ago

Which psychographic or lifestyle trend does this study support

melisa1 [442]

Answer:

where is the study at?

Explanation:

3 0

3 years ago

Dinklage corp. has 6 million shares of common stock outstanding. the current share price is $84, and the book value per share is

Ann [662]

The answers to the questions are given below.

A. The company's capital structure weights on a book value basis are:

Equity = 9.84%
Debt = 90.16%

B. The company's capital structure weights on a market value basis are:

Equity = 64.55%
Debt = 35.45%

<h3>What is the calculations about?</h3>

A. The company's capital structure weights on a book value basis are:

Firm's Outstanding common stock = 6 million shares

Current share price = $84

Book value per share = $5

Hence, Total equity book value = $30 million (6,000,000 x $5)

Total equity market value = $504 million (6,000,000 x $84)

First bond's face value = $145 million

Coupon rate = 5%

Selling price = 95% of par

Market value of first bond = $145 x 95%

= $137.75 million

The Second bond's face value = $130 million

Coupon rate = 4%

Market value = $130 x 107% = $139.1 million

Total market value of bonds = $276.85 million ($137.75 + $139.1)

Book value of bonds = $275 million ($145 + $130)

Therefore, the company's capital structure by book value:

Equity = $30 million

Debt = $275 million

So, Total firm's value = $305 million

Hence:

Equity = $30/$305 x 100 = 9.84%

Debt = $275/$305 x 100 = 90.16%

B. Hence company's capital structure by market value:

Equity = $504 million

Debt = $276.85 million

Total firm's value = $780.85 million

Therefore:

Equity = $504/$780.85 x 100 = 64.55%

Debt = $276.85/$780.85 x 100 = 35.45%

See full question below

Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $84, and the book value per share is $5. The company also has two bond issues outstanding. The first bond issue has a face value of $145 million, a coupon rate of 5 percent, and sells for 95 percent of par. The second issue has a face value of $130 million, a coupon rate of 4 percent, and sells for 107 percent of par. The first issue matures in 24 years, the second in 9 years. Both bonds make semiannual coupon payments.

Required:

a. What are the company's capital structure weights on a book value basis?

b. What are the company's capital structure weights on a market value basis?

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4 0

2 years ago

when discussing leadership in the context of what is now termed transformational leadership, burns (1978) . a.tried to link the

pshichka [43]

According to Burn 1978, when we discuss leadership in the context of what is now termed transformational leadership, we tried to link the roles of leadership and followership. So the answer is A.

What is leadership?

Leadership is the act of leading a group of people or an organization when a leader takes risks and challenges the status quo. Leadership also means the ability of a person or a group of individuals to guide and influence an organization's followers. The leader's job is to motivate others to achieve something new and better. The leadership styles and methods are varied because of personal challenges and outside influences.

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5 0

1 year ago