Answer:
The total budgeted fixed selling and administrative expenses for February is $170,400. The answer is D.
The calculation is as follows:
a) Advertising - $50,100
b) Executive Salaries -$60,100
c) Depreciation - $20,100
d) Others - $40,100
Total = $170,400.
Explanation:
To obtain the above answer, we add up all the budgeted fixed selling and administrative expenses, excluding variable elements.
Fixed costs are costs which do not vary according to the level of production or activity.
Since the other elements of cost, e.g sales commision, shipping, and part of advertising are variable, these are excluded in getting the fixed selling and administrative expenses.
A grace period is a period after one fails to pay his bills during which the bank does not bother you to pay it as long as the grace period lasts. It can be useful because you can plan on when you will pay your credit card bills based on how big your grace period is.
Answer: A) $15,000 overstated
Explanation:
Ending Inventory is subtracted from Cost of Goods sold so an overstated Ending Inventory would mean a smaller Cost of Goods sold and hence an overstated Income.
An Understated Depreciation amount would have the same effect because Depreciation is an expense so understating it would mean less expenses subtracted from Income leading to an overstated income.
As both of them will overstate income, the total overstatement would be;
= 9,000 + 6,000
= $15,000
Answer:
1. All Picklist Values On The Page Layout Must Be Added To The Master Picklist Value List Or Be Active Values.
2. The Record Type's Page Layout Is Assigned To Users Through Their Profile Assignments.
3. Adding A New Value To The Record Type Master Picklist Value List Adds The Value To All Existing Record Type Pick lists.
Answer:
ke=16.29
Explanation:
Where:
We=weight of common equity in the capital structure
ke=cost of equity
Wd=Weight of debt in the capital structure
kd= Cost of debt i.e yield to maturity on the bonds
t= tax rate.
Since WACC is estimated to be 12.9%
![ke=\frac{0.129-[0.35*0.11(1-0.4)]}{0.65}](https://tex.z-dn.net/?f=ke%3D%5Cfrac%7B0.129-%5B0.35%2A0.11%281-0.4%29%5D%7D%7B0.65%7D)
=0.162923
