Benzene is an important organic compound with the chemical formula C6H6 and a ring structure. Benzene was not provided as a contaminant during the general chemistry lab because, it is does not have the same chemical composition like the other two chemicals, that is, toluene and melthyl benzene. Also, due to the nature of benzene, it does not remain in the environment for a long time, thus it will be difficult to measure and isolate it. Also, benzene is a toxic compound and it poses a threat to the safety of the lab users. Benzene has been classified as a known carcinogen.
Answer:
It's False
Explanation:
electronic cover letter should be prepared in a proper business format. e-mail address is not sufficient information to be added in an electronic cover letter. networking letter is the type of letter in which adding an e-mail address is sufficient.
Consider an enterprise with a capital structure consisting of 70 debit and 30quity. if you use the costs of debt and equity of the company from questions 6 and 7, 6.5% by the company’s WACC.
WACC = Weight of debt * Cost of debt + Weight of equity * Cost of Equity
WACC = 70% * 5% + 30% * 10%
WACC = 3.5% + 3%
WACC = 6.5%.
The weighted average cost of capital represents the average cost of attracting an investor, whether that investor is a bondholder or a shareholder. This calculation weights the cost of capital according to the debt and equity used by the WACC company. This presents a clear hurdle for internal projects or potential acquisitions.
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Answer:
B. $300,000
Explanation:
The computation of the reduction of retained earning amount is shown below:
= Number of shares of common stock × stock dividend percentage × market value
= 1,000,000 shares × 6% × $5
= $300,000
Since the dividend amount is adjusted while computing the ending balance of retained earning balance and the same is to be considered in the computation part.
All other information which is given is not relevant. Hence, ignored it
Answer:
Laser Delivery Services, Inc. (LDS)
Analyzing the Effects of Transactions Using T-Accounts:
Cash
Date Accounts Titles Debit Credit
a. Common Stock $40,000
c. Delivery Truck $2,000
d. Delivery Truck 2,000
Balance 36,000
Common Stock
Date Accounts Titles Debit Credit
a. Cash $40,000
Land
Date Accounts Titles Debit Credit
b. Note Payable $12,000
Note Payable
Date Accounts Titles Debit Credit
b. Land $12,000
c. Delivery Truck 18,000
Balance $30,000
Delivery Trucks
Date Accounts Titles Debit Credit
c. Cash $2,000
Note Payable 18,000
d. Cash 2,000
Balance $22,000
2. Classified Balance Sheet as of December 31, 2010:
Assets:
Cash $36,000
Land 12,000
Delivery trucks 22,000 $34,000
Total assets $70,000
Liabilities + Equity:
Notes Payable 30,000
Common Stock $40,000
Total liabilities + Equity $70,000
Explanation:
a) Trial Balance
Cash $36,000
Land 12,000
Delivery trucks 22,000
Common Stock $40,000
Notes Payable 30,000
Totals $70,000 $70,000
b) Business transactions affect the accounting equation (assets = liabilities + equity) by increasing or decreasing the two sides equally. This means that the accounting equation is always in balance before and after every transaction.