Answer:
When shares are repurchased, they are recorded at the cost price in the books which means that they will be recorded at:
= 100 * 40
= $4,000
Cash will then be credited because assets are credited when they reduce.
Treasury stock will be debited to show that Equity is reducing.
Date Account Title Debit Credit
June, 30 Treasury Stock $4,000
Cash $4,000
When the fed sells bonds to financial institutions, new money moves directly "out of the loanable funds market".
The Federal Reserve System,sometimes alluded to as the Federal Reserve or essentially "the Fed," is the national or central bank of the United States. It was made by the Congress to give the country a more secure, more adaptable, and more steady fiscal and budgetary framework. The Federal Reserve was made on December 23, 1913, when President Woodrow Wilson marked the Federal Reserve Act into law. Today, the Federal Reserve's obligations fall into four general zones.
Answer:
6.57%
Explanation:
The WACC formula is really easy you just have to calculate the weights of the debt or equity whatever is given in the question and then multiply it by the percentage of borrowing given. The total borrowing in this question is 12000(4911+4305+2784).
WACC for this question will be calculated as:
=> (4911/12000)*0.04 + (4305/12000)*0.06 + (2784/12000)*0.12
=> 0.0657
=> 6.57%
Hope this helps,
Goodluck buddy
Answer:
B. smart goal.
Explanation:
SMART goal -
The word SMART is the an acronym -
S = Specific ,
M = Measurable ,
A = Achievable ,
R = Realistic ,
T = Timely .
These are the goals of any business organisation in order to motivate and direct the employees to do well and give new ideas or new resources for the success of the company .
It enables the people to focus and make efforts to achieve the goal and to make company successful .
In the similar way ,
Gwen is helping Billy to get SMART goals for the company .
Answer:
$15 million
Explanation:
Data provided in the question:
Inventory turn ratio = 60
Annual sales = $50 million
Average inventory = $250,000
Now,
we know,
Inventory turn ratio = ( Cost of goods sold ) ÷ ( Average inventory )
thus,
60 = ( Cost of goods sold ) ÷ $250,000
or
Cost of goods sold = 60 × $250,000
or
Cost of goods sold = $15,000,000 or $15 million
