The award received after completing a four year undergrad program is called a bachelors degree.
Answer:
B. Human Resource
Explanation:
The functions and responsibilities of a factory worker differ depending on the workplace. A factory Worker may operate machinery and tools, work on a production line, clean and repair equipment, or work as required.
Factory Workers work in manufacturing or processing facilities, are good with their hands, and execute repetitive duties. Factory workers are hence are a human resource.
Answer:Please see answers in explanation column
Explanation:
1A)To record amount payable for purchase of goods
Date Account Title Debit Credit
July 1 Purchase $60,000
Accounts Payable $60,000
Freight in $1,200
Cash $1,200
B)To record amount on damaged goods
Date Account Title Debit Credit
July 3 Accounts Payable $6,000
Return of Purchase $6,000
C)Journal to record payment of goods
Date Account Title Debit Credit
July 10 Accounts Payable $54,000
Purchase Discount $1,080
Cash $52,920
Calculations
Accounts payable Purchased Price - price of returned goods = 60000-6000 = $54,000
Discount on Purchases if paid within 10 days = 2% x $54,000 = $1,080
Answer:
WACC - new project = 6.408% rounded off to 6.41%
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure can consist of one or more of the following components namely debt, preferred stock and common equity. The WACC is calculated as follows,
WACC = wD * rD * (1 - tax rate) + wP * rP + wE * rE
Where,
- w represents the weight of each component
- r represents the cost of each component
- D, P and E represents debt, preferred stock and common equity
- rD * (1 - tax rate) is the after tax cost of debt
We first need to calculate the WACC of the company and then adjust it for the new project.
WACC = 35% * 3.28% + 65% * 10.4%
WACC = 7.908%
As the new project is less risky and has an adjustment factor of -1.5%, the required rate of return for the new project will be,
WACC - new project = 7.908% - 1.5%
WACC - new project = 6.408% rounded off to 6.41%