Annual Dividends<br><br> Question 4 Attached

Which of the following choices correctly depicts whether McDonald's, the University Wisconsin, and Apple Inc. would have a need

Crazy boy [7]

Answer:

a. The division of activities into unit level, batch level, product sustaining level and facility level categories is commonly known as cost.

Explanation:

The managerial accounting is important for any service business. McDonalds have service business and they run on zero tolerance for disruption in consumer service. Management accounting enables to identify cost for product sustaining and batch producing.

3 0

3 years ago

Challenge TasksThree weeks ago, Mike McGee left to join a larger company, and management decided to reorganize the IT department

Naddika [18.5K]

Egged gig for the next month or something

6 0

3 years ago

A store has 5 years remaining on its lease in a mall. Rent is $1, 900 per month, 60 payments remain, and the next payment is due

photoshop1234 [79]

Answer:

a) No, since the present value of new lease is more than old.

b) Detailed information about the explanation is shown below

c) At 39.80% nominal WACC

Explanation:

a

PV of old and new lease terms

Old Cash Flow New Cash Flow

0 0 0 0

1-9 - 1900 1-9 0

10-60 - 1900 10-60 2700

NPER 60 NPER 60

rate 1% rate 1%

PV ($85,414.57) PV ($98,250.36)

PV ( 1%, 60, 1900) PV ( 1%,9,- PV(1%,51, 2700))

Should the new lease be accepted? <u> No, since the present value of new lease is more than old.</u>

b) If the store owner decided to bargain with the mall's owner over the new lease payment, what new lease payment would make the store owner indifferent between the new and the old leases?

For this part pv of old lease should be equal to pv of new lease at t = 9

85414.57 × (1.01)⁹ 93416.657

Nper 51

Rate 1%

New lease amount ( $2,347.26)

PMT (1%, 51,93416.66)

c)

Period Old Lease New Lease Change in lease

0 0 0 0

1-9 -1900 0 -1900

10-60 -1900 -2700 800

-1900

800

3.317% x 12 = 39.80%

IRR(Values 1:60)

The store owner is not sure of the 12% WACC - it could be higher or lower. At what nominal WACC would the store owner be indifferent between the two leases?

At 39.80% nominal WACC

4 0

3 years ago

Camille is at the candy store with her grandmother, who offers to buy her $6 worth of candy. if lollipops are $1 each and candy

Novosadov [1.4K]

6 lollipops.
3 candy bars.
1 candy bar and 4 lollipops.
2 candy bars and 2 lollipops.

6 0

3 years ago

Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. Durin

amm1812

Answer:

The journal entries are made as follows;

Explanation:

1.Cash 100,000*50 Dr.$5,000,000

Common Stocks 100,000*5 Cr.$500,000

Paid in capital-common stocks Cr.$4,500,000

2.Treasury Stocks 20,000*45 Dr.$100,000

Cash 20,000*45 Cr.$100,000

3. Cash 7,500*46 Dr.$345,000

Treasury Stocks 7,500*45 Cr.$337,500

Paid in Capital-Treasury stocks 7,500*(46-45) Cr.$7,500

4.Cash 7,500*44 Dr.$330,000

Paid in capital-Treasury Stock 7,500*1 Dr.$7,500

Treasury stocks 7,500*45 Cr.$337,500

.

6 0

3 years ago

Annual Dividends Question 4 Attached