Answer:
Journal Entry to be recorded
DR. Land $475,000
Cr. Common stock $312,500
Cr. Add-in-capital common stock $162,500
Explanation:
Number of Shares = 12,500 shares
Share Market price = $38
Share Par Value = $25
Total value of property to be recorded= 12,500 x $38 = $475,000
Common stock value at par = 12,500 x $25 = $312,500
Add-in-Capital common stock value = $475,000 - $312,500 = $162,500
Property will be recorded as the total value of exchange which is $475,000. On other other hand the common stock value will be recorded in two parts common stock at par value and add-in-capital common stock over par value.
Answer:
d. Change to a just-in-time inventory system and make the shoes as they are ordered rather than making and storing many shoes and hoping to sell them.
Explanation:
In the Just-in-time inventory management system, materials purchased go straight to the production line. The business keeps minimum or nil raw material in its stores. Demand for goods guides the production process.
Should Alfredo manufactures adopt a Just in time production style, its inventory budgetary requirement will significantly reduce. Alfredo will be ordering for material need for production at that moment. The company will be manufacturing shoes that customers are ready to buy. Its cost of finished inventory will also decrease.
For Just-in-time system to work well at Alfredo, managers must learn how to predict demand accurately and employ an excellent order management system
Examples<span> of the Supply and </span>Demand<span> Concept. Supply refers to the amount of goods that are available. </span>Demand<span> refers to how many people want those goods. When supply of a product goes up, the price of a product goes down and </span>demand<span> for the product can rise because it costs loss.</span>
Answer:
The correct answer is $2,444.6 billion
Explanation:
FCFE= FCF+ Increase in debt- Interest (1-t)
= $205+$25-$22( 1-0.35)
=$215.7
Market Value = [(215.7)1.02)]/ [11%-2%]
=$2,444.6
Assuming a single period growth rate of 2%,
the forecasted FCFE =$215.7(1+0.02)
=$220.01 billion
Although this is not available in the options provided ,$220.01 billion is the correct answer.
Answer:
$76,134.84
Explanation:
Data provided in the given question
Future value = $105,000
Fixed interest rate = 4.1%
Number of years = 8
The calculation of present value is given below:-
= Future value ÷ (1 + rate of return)^number of years
= $105,000 ÷ (1 + 4.1%)^8
= $105,000 ÷ 1.379132002
= $76,134.84
Therefore, we simply applied the present value formula.
