Although monopolies are not allowed in the United States, the government does understand that in certain situations it doesn't

A limited liability company is best thought of as a cross between a partnership and a:

8_murik_8 [283]

An LLC is a cross between a partnership and a corporation, because you have the flexibility of a partnership but more of the legal and financial protections that a corporation has.

7 0

4 years ago

Cave Hardware's forecasted sales for April; May; June; and July are $ 170,000; $ 230,000; $ 190,000; and $ 260,000; respectively

PIT_PIT [208]

Answer:

accounts payable 128,500

Explanation:

To answer we must determine how much is the amount of purchases needed for the month of June.

It is not interesting the debt that is generated in previous months since they are paid in full, so in May the purchases of the month of May will already be canceled, so they will not impact the suppliers account.

June

Purchases= 190,000 x 0.85 + (inventory cost of sales of the month) + 80,000 (inventory at the end of the month) + 260,000 x 10% (inventory at the end of the month) = 276,500,

But according to the company's policy at the beginning of the month the inventory was equal to

80,000 + 190,000x10% (June sales) = 99,000

So the purchases necessary to meet the costs of sale and comply with the policy of the owner at closing is the same

267.500(inventory needed) - 99.000( initial existence) = 168.500

the record will be

Inventory 168,500

Cash 43,810

accounts paylable 124,690

6 0

3 years ago

Big Canyon Enterprises has bonds on the market making annual payments, with 12 years to maturity, a par value of $1,000, and a p

PSYCHO15rus [73]

Answer:

6.32%

Explanation:

Bonds yield amount = $1,030 × 6.14% = $63.242

Coupon rate = Bond yield amount ÷ Par value of the bond = $63.242 ÷ $1,000 = 0.063242, or 6.32%

Therefore, the coupon rate on the bonds must be 6.32%.

4 0

3 years ago

Which section of the business plan should come first but be written last? A. Competitive Analysis B. Goals and Strategy C. Execu

Alja [10]

The answer is B. Executive summary. A management summary, or executive summary, is a short article or section of a document, produced for business purposes, that condenses a longer report or proposal or a group of related reports in such a way that readers can rapidly become familiar with a large body of material without having to read it all.

6 0

4 years ago

Read 2 more answers

Suppose your company needs $13 million to build a new assembly line. Your target debt-equity ratio is .55. The flotation cost fo

natulia [17]

Answer:True cost = $\frac{cost of assembly}{1-weighted flotation cost }$

= $\frac{13,000,000}{1- 0.049}$

= $ 13,669,821.2

Explanation:

Given :

Debt-Equity ratio = 0.55

Flotation cost for new equity = 6%

Flotation cost for debt = 3 %

∴ To compute the weighted flotation cost , we'll use the following formula:

Weighted Flotation cost = $\left [ \frac{1}{1+Debt-Equity ratio}\times Flotation cost of equity \right ] + \left [ \frac{Debt-Equity ratio}{1+Debt-Equity ratio}\times Flotation cost of debt \right ]$

= $\left [ \frac{1}{1+0.55}\times 0.06 \right ] + \left [ \frac{0.55}{1+0.55}\times 0.03 \right ]$

= 0.0387 + 0.0106

= 0.04934 or 4.93%

The true cost of building the new assembly line after taking flotation costs into account is evaluated using the following formula :

True cost = $\frac{cost of assembly}{1-weighted flotation cost }$

= $\frac{13,000,000}{1- 0.049}$

= $ 13,669,821.2

3 0

3 years ago