Answer:
16.9 months
Explanation:
Recovery time = Refinancing cost / Monthly savings
= $2,500 / $148
= 16.9 months
Answer:
behavioral science
Explanation:
Every organization is made up of people, and people exhibit distinct or similar behavior.
Behavioral science is a discipline that understands the reasons why people behave the way they do.
Therefore, for an organization to be effective it will we apply behavioral science knowledge to develop and improve its processes in the organization.
Answer:
the company’s cost of preferred stock is 10.53%.
Explanation:
given information:
perpetual preferred stock = $57.00
a constant annual dividend = $6.00
to determine the company’s cost of preferred stock we can use the following formula
%
therefore, the company’s cost of preferred stock is 10.53%.
Answer:
A. $5,000 of depreciation expense on its income statement.
Explanation:
Assuming the company uses straight line method of depreciation, then cost of depreciation is $5,000 each year.
Now, under the income statement as per GAAP, the cost of goods sold only includes the direct cost associated with manufacturing the product.
It does not included fixed cost like depreciation.
As the depreciation is fixed and does not depend on number of units produced and sold, the depreciation to be charged in income statement = $5,000.
Therefore, the correct option is
A. $5,000 of depreciation expense on its income statement.
Answer:
Wildhorse Corp. has inventory of $6,653,940
Explanation:
The quick ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due without needing to sell its inventory or get additional financing. The quick ratio is calculated by the following formula:
Quick ratio = (Cash & equivalents + Short Term investments + Accounts receivable)/Current Liabilities
(Cash & equivalents + Short Term investments + Accounts receivable) = Quick ratio x Current Liabilities = 0.94 x $5,849,000 = $5,498,060
Inventory = Total current assets - (Cash & equivalents + Short Term investments + Accounts receivable) = $12,152,000 - $5,498,060 = $6,653,940
