True or False: It is usually possible to eliminate all financial risks facing an organization if people are proactive\.\*

On October 1, 2018, Renfro Company purchased to hold to maturity, 4,000, $1,000, 9% bonds for $3,960,000 which includes $60,000

Nataliya [291]

Answer:

Carrying Value=$3,903,000

Explanation:

First we will calculate the face value:

Face value=4000*$1000

Face value=$4,000,000

Purchase Price= Bond Purchased price- Accrued Interest

Purchase Price=$3,960,000-$60,000

Purchase Price=$3,900,000

Total months=100 months

Straight line Discount amortization= (Face Value-Purchase Price)/Total Months

Straight line Discount amortization=($4,000,000-$3,900,000)/100

Straight line Discount amortization=$1,000

Discount Amortization=Straight line Discount amortization*Discount months

Discount Amortization=$1,000*3

Discount Amortization=$3,000.

Carrying Value=Purchase Price+Discount Amortization

Carrying Value=$3,900,000+$3,000

Carrying Value=$3,903,000

7 0

3 years ago

The production facility for a space shuttle would probably be organized according to a ________ layout.

mylen [45]

Answer:

fixed-position

Explanation:

7 0

2 years ago

FarCry Industries, a maker of telecommunications equipment, has 26 million shares of common stock outstanding, 1 million shares

Margaret [11]

Answer:

wP = 114.5 / 514.6 = 0.2225 or 22.25%

Explanation:

The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure of a firm can be made up of one or more of the following components namely debt, preferred stock and common equity. The WACC is normally calculated using the market value of these components. The formula for WACC is,

WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE

Where,

wD, wP and wE represents the weight of debt, preferred stock and common equity in the capital structure based on the market value
rD, rP and rE are the cost of debt, preferred stock and common equity respectively.

To calculate the weight that should be assigned to the preferred stock in the calculation of WACC, we need to determine the market value of preferred stock and the market value of the capital structure.

Market Value - Debt = 10000 * 1000 * 1.01 = $10.1 million

Market Value - Preferred stock = 1 * 114.50 = $114.5 million

Market Value - Common equity = 26 * 15 = $390 million

Total MV of capital structure = 10.1 + 114.5 + 390 = $514.6

wP = 114.5 / 514.6 = 0.2225 or 22.25%

3 0

3 years ago

For a restaurant, the logical activity base for wages expense would be a. number of customers. b. number of employees. c. number

vovikov84 [41]

Answer: The answer is B, the logical activity base for salary expenses is Number of employees.

Explanation:

For a restaurant, the logical activity base for salary expenses is the number of employees because the more employees you have, the more salary expenses the company will have.

6 0

3 years ago

Do anybody know how to do the mega mogul project on knowledge matters ? Make over 30 million dollars pls help

ziro4ka [17]

Based on the business management analysis, to do the mega mogul project on knowledge matters requires following specific steps, which begin with "<u>detecting the opportunity."</u>

<h3>What is the Mega Mogul Project?</h3>

Mega Mogul Project is a business project whereby individual starts with one location and continue to grow and expand their entrepreneurial conglomerate to numerous businesses and several locations.

<h3>Some other steps to take when conducting a mega mogul project on knowledge matters are:</h3>

Market Research
Creating a Business Plan
Raising Money & Financials
Building a Team
Acquiring Resources
Going to Market
Operations & Feedback
Shark Project
Business Plan Project
Mega-Mogul Project.

Hence, in this case, it is concluded that various steps are involved when carrying out a mega mogul project on knowledge matters.

Learn more about Mega Mogul Project here: brainly.com/question/9961724

5 0

2 years ago