Your boss, whose background is in financial planning, is concerned about the company's high weighted average cost of capital (WACC) of 29%. He has asked you to determine what combination of debt-equity financing would lower the company's WACC to 17%. If the cost of the company's equity capital is 6% and the cost of debt financing is 27%, what debt-equity mix would you recommend? The debt-equity mix should be % debt and % equity financing?​

Answers

Answer 1

Answer:

The debt-equity mix should be 51.38% debt, and 48.62% equity.

Explanation:

The WACC formula for this scenario is

WACC = Cost of equity x weight of equity + cost of debt x weight of debt

We define the weight of debt as X, and the weight of equity as 1-X

Now, we replace the values into the formula:

17% = 27% * X+ 6% * (1-X)

17% = 27%X + 6% - 6%X

17% - 6% = 27%X - 6%X

11% = 21%X

X = 11% / 21%

X = 51.38%

So the weight of debt is 51.38%, and the weight of equity is 1-51.38% = 48.62%


Related Questions

The first step of the financial planning process is to:

Answers

Answer:

Review Of Current Financial Situation

Explanation:

The first step in the financial planning process involves taking a detailed look into a person's current financial situation. This means examining a person's savings, income, debts and current living expenses.

Answer:

Creating and implementing a financial action plan..

Hope it helps:)

A ski chalet at Peak n' Peak now costs $250,000. Inflation is expected to cause this price to increase at 5 percent per year over the next 10 years before Chris and Julie retire from successful investment banking careers. How large an equal annual end-of-year deposit must be made into an account paying an annual rate of interest of 13 percent in order to buy the ski chalet upon retirement

Answers

Answer:

$22,108

Explanation:

The computation is shown below:

Required deposit each year (P) = FVA ÷ ([(1+rate of interest)^number of years-1]÷rate of interest)

= $407,224 ÷ (((1+13%)^10-1) ÷ 13%)

= $22,108

The $407,224 comes from

= $250,000 × (1+5%)^10

Croquet, Inc. currently manufactures a wicket as its main product. The costs per unit are as follows: Direct materials and direct labor $13 Variable overhead 7 Fixed overhead 10 Total $30 Saran Company has contacted Croquet with an offer to sell it 5,000 of the wickets for $17 each. Fixed costs of $4 per unit is unavoidable. Should Croquet make or buy the wickets, why

Answers

Answer:

See below

Explanation:

Supplier's quotation (5,000 × $17)

$85,000

Less: Relevant costs

Variable cost (5,000 × $16)

$80,000

Avoidable fixed cost (5,000 × $4)

$20,000

Balance $100,000

Loss $15,000

Croquet should buy the widgets because the relevant cost of in house production is higher than the cost of buying it outside.

capital definition. ​

Answers

Answer: the most important city or town of a country or region, usually its seat of government and administrative center.

Explanation:

Answer: the most important city or town of a country or region, usually its seat of government and administrative center. hopes this helps pls mark me as brainliest

Explanation:

Suppose that France and Germany each produce wheat and cars. By using all available resources and technology, France can produce at most 30 units of wheat and 12 cars per year, and Germany can produce at most 25 units of wheat and 15 cars per year. Suppose that, to protect the domestic car industry, the government of France decides that France will produce 6 cars per year. Assuming that opportunity costs are constant, at most how many units of wheat can France produce?

Answers

Answer:

15

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

For France, the opportunity cost of producing one car = 30/12 = 2.5 wheats

If the production of cars is fixed at 6 cars per year, the highest amount of wheat that would be produced = 2.5 x 6 = 15

An elastic demand indicates that A. quantity demanded does not vary with changes in the price. B. relatively large changes in price are required to obtain a relatively small change in quantity demanded. C. relatively small changes in price are required to obtain a relatively large change in quantity demanded. D. relatively large changes in quantity demanded lead to relatively large changes in price.

Answers

Answer:

C. relatively small changes in price are required to obtain a relatively large change in quantity demanded.

Explanation:

An elastic demand indicates that relatively small changes in price are required to obtain a relatively large change in quantity demanded.

Optimum Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2016, the end of the fiscal year, the balances of selected accounts from the ledger of Optimum Weight Loss Co. are as follows:
Accounts Payable $37,700
Accounts Receivable 116,750
Accumulated Depreciation-Equipment 186,400
Cash ?
Common Stock 75,000
Equipment 474,150
Land 300,000
Prepaid Insurance 7,200
Prepaid Rent 21,000
Retained Earnings 635,300
Salaries Payable 9,000
Supplies 4,800
Unearned Fees 18,000
Prepare a classified balance sheet that includes the correct balance for Cash. Fixed assets must be entered in order according to account number. Be sure to complete the statement heading.

Answers

Answer:

*** Cash $37,500

Explanation:

Optimum weight loss classified balance sheet .

Assets

Current assets

Cash $37,500

Account receivables $116,750

Prepaid insurance $7,200

Prepaid rent $21,000

Supplies $4,800

Total current assets $187,250

Non current assets

Equipment $474,150

Less

Accumulated depreciation $186,400

NBV $287,750

Land $300,000

Total non current assets

$587,750

Total assets

$775,000

Liabilities

Accounts payable $37,700

Salaries payable $9,000

Unearned fees $18,000

Total liabilities

$64,700

Equity

Common $75,000

Retained earnings $635,300

Total equity

$710,000

Total liabilities + equity

$710,300 + $64,700 = $775,000

The comparative balance sheets for Kingbird Corporation appear below:

KINGBIRD CORPORATION Comparative Balance Sheet

Assets 2022 2021
Cash $35,400 $33,600
Accounts receivable (net) 88,000 64,500
Prepaid insurance 29,300 19,200
Land 20,500 49,000
Equipment 81,500 69,500
Accumulated depreciation (15,800 ) (13,000 )
Total assets $238,900 $222,800
Liabilities and Stockholder's Equity Accounts payable $24,500 $8,100
Bonds payable 25,400 16,200
Common stock 148,000 120,000
Retained earnings 41,000 78,500
Total liabilities and stockholder's equity $238,900 $222,800

Additional information:

1. Net loss for 2022 is $13,000. Net sales for 2022 are $290,000.
2. Cash dividends of $24.800 were declared and paid in 2022.
3. Land was sold for cash at a loss of $3,500. This was the only land transaction during the year.
4. Equipment with a cost of $17,800 and accumulated depreciation of $10,900 was sold for $6,900 cash.
5. $12.900 of bonds were retired during the year at carrying (book) value.
6. Equipment was acquired for common stock. The fair value of the stock at the time of the exchange was $33,000.

Required:
Prepare a statement of cash flows for the year ended December 31, 2022 using the indirect method.

Answers

Banana is good and good for me

Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Estimated Overhead Cost Expected Activity Labor-related $ 26,800 5,000 direct labor-hours Machine-related $ 4,500 9,000 machine-hours Machine setups $ 41,800 1,100 setups Production orders $ 17,000 500 orders Product testing $ 15,500 500 tests Packaging $ 51,000 3,400 packages General factory $ 52,400 5,000 direct labor-hours Exercise 4-2 Part 1 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.)

Answers

Answer:

Labor-related $5.36

Machine-related $0.5

Machine setups $38

Production orders $34

Product testing $31

Packaging $15

General factory $10.48

Explanation:

Computation for the activity rate for each activity cost pool using this formula

Activity rate =Estimated cost / Estimated activity

Let plug in the formula

Labor-related $ 26,800/5,000=$5.36

Machine-related $ 4,500/9,000=$0.5

Machine setups $ 41,800/1,100 =$38

Production orders $ 17,000/500=$34

Product testing $ 15,500/500 =$31

Packaging $ 51,000/3400=$15

General factory $ 52,400/5000=$10.48

Therefore the activity rate for each activity cost pool are:

Labor-related $5.36

Machine-related $0.5

Machine setups $38

Production orders $34

Product testing $31

Packaging $15

General factory $10.48

bond economicial definition. ​

Answers

bond economical is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental).

If most cartel members keep their agreement to cut back production: a. it's not profitable in the short run for another member to increase production. b. it's profitable in the short run for another member to increase production. c. cheating by another member won't be detected. d. the losses associated with cheating are internalized by the cheater.

Answers

Answer: b. it's profitable in the short run for another member to increase production.

Explanation:

This refers to an oligopolistic market where there are few producers of a good. These producers can come together to create a cartel that fixes prices for the goods and services they produce.

If they agree to cut back production, this will have the effect of increasing prices due to a reduction in supply. If a member decides to increase production, they would enjoy profits in the short term from the increased prices.

The other members would however respond by increasing production as well so those profits would stop towards the long run.

Please Help!!
1. True or False: A tax lien which is a failure of an individual to pay his or her taxes and it can remain on a credit report for up to 10 years.
2. True or False: Credit utilization is the ratio of an individual's credit balance to their credit card limit.
3. True or false: Chapter 7 bankruptcy is focused more on the restructuring of an individual's finances rather than the elimination of debt altogether.

Answers

Answer:

1. True

2. True

3. False

Explanation:

1. True (If a tax is unpaid then it remains on the credit report up to 10 years)

2. True ( The statement correctly stats that Credit utilization is the ratio of an individual's credit balance to their credit card limit )

3. False because Chapter 7 bankruptcy is focused more on restructuring of debt altogether.

Dr. Bernanke argued two problems contributing to the financial crisis included:________.
A. banks reliance on long-term funding; and the increased use of non-standard mortgages such as Adjustable Rate Mortgages ARMS.
B. banks reliance on short term funding; and the increased use of non-standard mortgages such as Adjustable Rate Mortgages ARMS.
C. banks reliance on short term funding; and the increased use of non-standard mortgages such as fixed rate, 30-year mortgages.
D. banks reliance on long-term funding; and the increased use of non-standard mortgages such as fixed rate, 30-year mortgages.

Answers

Answer:

D. banks reliance on long term funding; and increased use of non-standard mortgages such as fixed rate, 30- year mortgages.

Explanation:

Dr. Bernanke argued that financial crisis is due to the banks involving in non standard mortgages which are fixed rate mortgages but they are not regulated. The bank provides loans and mortgages to people based on the standard regulations which need to be followed. They financial crisis took place when the mortgages were provided on non standard terms.

The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production $ 35 Selling and administrative $ 15 Fixed costs per year: Production $120,400 Selling and administrative $101,140 Last year, 6,020 units were produced and 5,920 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:

Answers

Answer:

See below

Explanation:

The computation of carrying value on the balance sheet of the ending inventory of finished goods under variable costing is seen below;

Before that, we have to determine the unit cost

Unit fixed manufacturing overhead = $120,400 ÷ 6,020 units = $20

Then, the difference will be;

= Unit fixed manufacturing overhead × change in inventory in units

= $20 × (6,020 units - $5,920)

= $20 × 100 units

= $2,000 less than absorption costing

The term LCM refers to the process companies use to ensure they are always purchasing lowest cost items. a rule which requires a company to adjust the cost of its inventory when the market price decreases below the cost. the adjustment a company makes for inventory lost or stolen. the repeated calculations necessary to properly record LIFO costs.

Answers

Answer:

b. a rule which requires a company to adjust the cost of its inventory when the market price decreases below the cost.

Explanation:

LCM means lower of cost or market value. It is a rule under which the value of inventory is adjusted to lower of cost or market value. Also, it is a rule which requires a company to adjust the cost of its inventory when the market price decreases below the cost.

Hence, the correct option is a rule which requires a company to adjust the cost of its inventory when the market price decreases below the cost.

The difference between mediation and arbitration is that __________. Group of answer choices in mediation the mediator is brought into the dispute to resolve the issues, whereas in arbitration the arbitrator merely listens to the dispute in arbitration the arbitrator actually decides who is right and who is wrong, whereas in mediation the mediator suggests different outcomes in mediation there must be a union representative present, whereas in arbitration no union representative attends in arbitration there is both a mediator and an arbitrator present who decide the outcome of the dispute

Answers

Answer:

In arbitration the arbitrator actually decides who is right and who is wrong, whereas in mediation the mediator suggests different outcomes.

Explanation:

Mediation is a process in which a third party participates in the negotiation to help the parties involved to get to a resolution on a specific issue but these parties can decide if they agree to a resolution or not.

Arbitration is a process in which parties that have a dispute go to an impartial third party to solve the issue without going to the court. In arbitration, the third party makes a decision that is binding.

According to this, the answer is that the difference between mediation and arbitration is that in arbitration the arbitrator actually decides who is right and who is wrong, whereas in mediation the mediator suggests different outcomes.

Golden Generator Supply is approached by Mr. Stephen, a new customer, to fulfill a large one-time-only special order for a product similar to one offered to regular customers. Golden Generator Supply has excess capacity. The following per unit data apply for sales to regular customers:

Direct materials $180
Direct manufacturing labor 170
Variable manufacturing support 250
Fixed manufacturing support 140
Total manufacturing costs 740
Markup (10% of total manufacturing costs) 74
Estimated selling price $814

Required:
If Mr. Stephen wanted a long-term commitment, and not a one-time-only special order, for supplying this product, calculate the most likely price to be quoted assuming the markup remains the same?

Answers

Answer:

$814

Explanation:

With regards to the above, if it charges a price below the full cost and markup, it will not be able to sustain such in the long run.

However, when a company received one time only, then they may be willing to charge a lower price in order to cover a portion of their fixed cost when there is extra capacity; whereas in the long run, they will have to charge at full cost so that they will not lose money.

Changes from the Cash Flow Statement (Indirect Method) A recent statement of cash flows for Colgate-Palmolive reporting the following information (dollars in millions): Operating Activities Net income $1,957.20 Depreciation 347.6 Cash effect of changes in Receivables 69.8 Inventories 134.7 Other current assets 31 Payables 125.2 Other 43.8 Net cash provided by operations $2,238.30 Based on the information reported on the statement of cash flows for Colgate-Palmolive, determine whether the following accounts increased or decreased during the period: Receivables, Inventories, Other Current Assets and Payables.

Answers

Answer:

a. Receivables increased during the period.

b. Inventories increased during the period.

c. Other Current Assets increased during the period.

d. Payables increased during the period.

Explanation:

Given:

Colgate-Palmolive

Cash Flow Statement (Operating Section Only)

Details                                                                   $'million  

Operating Activities Net income                        1,957.20

Depreciation                                                           347.60

Cash effect of changes in Receivables               –69.80

Inventories                                                            –134.70

Other current assets                                              –31.00

Payables                                                                 125.20

Other                                                                        43.80  

Net cash provided by operations                   2,238.30  

Therefore, we have:

a. Receivables

The negative amount of $69.80 millions indicates that Receivables increased during the period. This is because, as Receivables increase without paying cash to the business, less cash is available for the business. This makes the increase to be negative in the Cash Flow Statement.

b. Inventories

The negative amount of $134.70 millions indicates that  Inventories increased during the period. This is because, as  Inventories increase and held in the store without being sold for cash, less cash is available for the business. This makes the increase to be negative in the Cash Flow Statement.

c. Other Current Assets

The negative amount of $31 millions indicates that Other Current Assets increased during the period. This is because, as Other Current Assets increase and without being converted to cash, less cash is available for the business. This makes the increase to be negative in the Cash Flow Statement.

d. Payables

The positive amount of $15.20 millions indicates that Payables increased during the period. This is because, as Payables increase and without cash being paid, more cash is available for the business. This makes the increase to be positive in the Cash Flow Statement.

Direct Labor Hours Machine Hours Blending Department Whole milk 260 650 Skim milk 245 710 Cream 215 260 720 1,620 Packing Department Whole milk 470 500 Skim milk 300 415 Cream 130 165 900 1,080 Total 1,620 2,700 The management of Spotted Cow Dairy Company now plans to use the multiple production department factory overhead rate method. The total factory overhead associated with each department is as follows: Blending Department $178,200 Packing Department 121,500 Total $299,700 Required: 1. Determine the multiple production department factory overhead rates, using machine hours for the Blending Department and direct labor hours for the Packing Department. Blending Department $fill in the blank 1 110 per machine hour Packing Department $fill in the blank 2 per direct labor hour 2. Determine the product factory overhead costs, using the multiple production department rates in (1). Whole Milk Skim Milk Cream Blending Department factory overhead $fill in the blank 3 71,500 $fill in the blank 4 78,100 $fill in the blank 5 28,600 Packing Department factory overhead fill in the blank 6 fill in the blank 7 fill in the blank 8 Total factory overhead $fill in the blank 9 $fill in the blank 10 $fill in the blank 11

Answers

Answer:

1. Wee have:

Blending department overhead rate = $110 per machine hour

Packing department overhead rate = $135 per direct labor hour

2. We have:

Whole Milk Total factory overhead = $134,950

Skim Milk Total factory overhead = $118,600

Cream Total factory overhead = $46,150

Explanation:

Note: This question is not complete and the data in it are merged together. The complete question with the sorted data are therefore presented before answering the question as follows:

Spotted Cow Dairy Company manufactures three products—whole milk, skim milk, and cream—in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $299,700.

The three products consume both machine hours and direct labor hours in the two production departments as follows:

                                        Direct Labor Hours        Machine Hours

Blending Department

Whole milk                                      260                               650

Skim milk                                         245                                710

Cream                                             215                                260

                                                       720                              1,620

Packing Department

Whole milk                                       470                                500

Skim milk                                         300                                 415

Cream                                              130                                  165

                                                        900                              1,080

Total                                               1,620                            2,700

The management of Spotted Cow Dairy Company now plans to use the multiple production department factory overhead rate method. The total factory overhead associated with each department is as follows:

Blending Department        $178,200

Packing Department           121,500

Total                                   $299,700

Required:  

1. Determine the multiple production department factory overhead rates, using machine hours for the Blending Department and direct labor hours for the Packing Department.

2. Determine the product factory overhead costs, using the multiple production department rates in (1).

The explanation of the answer is now given as follows:

1. Determine the multiple production department factory overhead rates, using machine hours for the Blending Department and direct labor hours for the Packing Department.

Blending department overhead rate = Blending department overheads / Blending department machine hours = $178,200 / 1,620 = $110 per machine hour

Packing department overhead rate = Packing department overheads / Packing department labor hours = $121,500 / 900 = $135 per direct labor hour

2. Determine the product factory overhead costs, using the multiple production department rates in (1).

Note: See the attached excel file for the determination of the product factory overhead costs, using the multiple production department rates.

In the attached excel file the following formulae are used to calculate the product factory overhead costs:

Blending department factory overhead = Machine fours * Overhead rate per machine hour

Packing department factory overhead = Direct labor hours * Overhead rate per direct labor hour

From the attached excel file, we have:

Whole Milk Total factory overhead = $134,950

Skim Milk Total factory overhead = $118,600

Cream Total factory overhead = $46,150

Product costs: Multiple Choice Are expenditures necessary and integral to finished products. Are expenditures identified more with a time period rather than with units of product. Include selling and administrative expenses. Are expensed on the income statement when incurred. Are moved to the income statement for any unsold inventory at the end of the year.

Answers

Answer:

Are expenditures necessary and integral to finished products.

Explanation:

The product cost is that cost i.e. incurred for making a product

It is a necessary expenditure and would consider an important part of finished product. All those cost i.e. spent to make a finished product is known as product cost

therefore, first option is correct

Dell has been aggressively cutting their days of inventory. In the third quarter of 2009, Dell reported $952 million of inventory, $10,663 million of sales and $12,896 million of cost of goods sold. How many days of inventory did Dell have in the third quarter of 2009

Answers

Answer:

27 days

Explanation:

The computation of the days of inventory is given below:

= 365 days ÷ inventory turnover ratio

= 365 days ÷ ($12,896  million ÷ $952 million)

= 365 days ÷ 13.55

= 27 days

We assume that the inventory i.e given in the question is average inventory

ME EXPLICA O BARINLY

Answers

Answer:

what lol

Explanation:

Bamboo Consulting is a consulting firm owned and operated by Lisa Gooch. The following end-of-period spreadsheet was prepared for the year ended July 31, 20Y5:
Bamboo Consulting
End-of-Period Spreadsheet
For the Year Ended July 31, 20Y5
Unadjusted Trial Adjustments Adjusted Trial
Balance Balance
Account Title Dr. Cr. Dr. Cr. Dr. Cr.
Cash 12,390 12,390
Accounts
Receivable 29,490 29,490
Supplies 3,130 (a) 2,620 510
Office
Equipment 23,890 23,890
Accumulated
Depreciation 3,270 (b) 1,560 4,830
Accounts Payable 7,960 7,960
Salaries Payable (c) 380 380
Lisa Gooch,
Capital 30,080 30,080
Lisa Gooch,
Drawing 3,830 3,830
Fees Earned 55,900 55,900
Salary Expense 22,120 (c) 380 22,500
Supplies Expense (a) 2,620 2,620
Depreciation Expense (b) 1,560 1,560
Miscellaneous Expense 2,360 2,360
97,210 97,210 4,560 4,560 99,150 99,150
Based on the preceding spreadsheet, prepare an income statement, statement of owner’s equity, and balance sheet for Bamboo Consulting.
CHART OF ACCOUNTS
Bamboo Consulting
General Ledger
ASSETS
11 Cash
12 Accounts Receivable
13 Supplies
14 Office Equipment
15 Accumulated Depreciation
LIABILITIES
21 Accounts Payable
22 Salaries Payable
EQUITY
31 Lisa Gooch, Capital
32 Lisa Gooch, Drawing
33 Income Summary
REVENUE
41 Fees Earned
EXPENSES
51 Salary Expense
52 Supplies Expense
53 Depreciation Expense
54 Miscellaneous Expense
REVENUE
41 Fees Earned
EXPENSES
51 Salary Expense
52 Supplies Expense
53 Depreciation Expense
54 Miscellaneous ExpenseLabels
Current assets
Current liabilities
Expenses
For the Year Ended July 31, 2016
July 31, 2016
Property, plant, and equipment
Revenues
Amount Descriptions
Add withdrawals
Decrease in owner’s equity
Increase in owner’s equity
Less withdrawals
Lisa Gooch, capital
Lisa Gooch, capital, August 1, 2015
Lisa Gooch, capital, July 31, 2016
Net income
Net loss
Total assets
Total current assets
Total expenses
Total liabilities
Total liabilities and owner’s equity
Total property, plant, and equipment
Total revenues
1. Prepare an income statement for the year ended July 31, 2016 for Bamboo Consulting.
2. Prepare a statement of owner’s equity for the year ended July 31, 2016 for Bamboo Consulting.
3. Prepare a balance sheet as of July 31, 2016 for Bamboo Consulting. Fixed assets must be entered in order according to account number.

Answers

Answer:

Bamboo Consulting

1. Income Statement for the year ended July 31, 2016:

Fees Earned                               $55,900

Salary Expense              22,500

Supplies Expense            2,620

Depreciation Expense      1,560

Miscellaneous Expense  2,360  29,040

Net income                                $26,860

2. Statement of Owner's Equity for the year ended July 31, 2016:

Capital               $30,080

Net income         26,860  

Drawing                (3,830)

Equity balance   $53,110

3. Balance Sheet as of July 31, 2016:

Cash                                   $12,390

Accounts  Receivable          29,490

Supplies                                    510  $42,390

Office Equipment               23,890

Accumulated  Depreciation (4,830) $19,060

Total assets                                      $61,450

Accounts Payable                             $7,960

Salaries Payable                                     380

Total liabilities                                   $8,340

Owner's equity                                $53,110

Total liabilities and equity              $61,450

Explanation:

a) Data and Calculations:

Bamboo Consulting

End-of-Period Spreadsheet

For the Year Ended July 31, 20Y5

                                            Unadjusted Trial   Adjustments   Adjusted Trial

                                                   Balance                                       Balance

Account Title                         Dr.            Cr.       Dr.            Cr.   Dr.            Cr.

Cash                                     12,390                                            12,390

Accounts

Receivable                          29,490                                            29,490

Supplies                                 3,130                          (a) 2,620         510

Office

Equipment                         23,890                                            23,890

Accumulated

Depreciation                                    3,270                 (b) 1,560              4,830

Accounts Payable                           7,960                                              7,960

Salaries Payable                                                         (c)   380                 380

Lisa Gooch,

Capital                                          30,080                                           30,080

Lisa Gooch,

Drawing                             3,830                                               3,830

Fees Earned                               55,900                                           55,900

Salary Expense               22,120                   (c) 380              22,500

Supplies Expense                                      (a) 2,620                2,620

Depreciation Expense                               (b) 1,560                 1,560

Miscellaneous Expense  2,360                                               2,360

                                       97,210 97,210        4,560  4,560   99,150 99,150

Adjusted Trial  Balance

Account Title                         Dr.            Cr.

Cash                                     12,390

Accounts  Receivable          29,490

Supplies                                    510

Office Equipment               23,890

Accumulated  Depreciation             4,830

Accounts Payable                           7,960

Salaries Payable                                380

Lisa Gooch,  Capital                     30,080

Lisa Gooch,  Drawing                     3,830

Fees Earned                               55,900

Salary Expense              22,500

Supplies Expense            2,620

Depreciation Expense      1,560

Miscellaneous Expense  2,360

                                       99,150 99,150

Classifying Cash Flow Statement Components
The following table presents selected items from a recent cash flow statement of General Mills, Inc. For each item, determine whether the amount would be disclosed in the cash flow statement under operating activities, investing activities, or financing activities. (General Mills uses the indirect method of reporting cash flows from operating activities).
DOLE DOLE FOOD COMPANY, INC.
Selected items from its Cash Flow Statement
1. Long-term debt repayments
2. Change in receivables
3. Depreciation and amortization
4. Change in accrued liabilities
5. Dividends paid
6. Change in income taxes payable
7. Cash received from sales of assets and businesses
8. Net income
9. Change in accounts payable
10. Short-term debt borrowings
11. Capital expenditures

Answers

Answer:

1. Long term debt payment - Financing activities

2.Changes in Receivables - Operating activities

3. Depreciation and amortization - Operating activities

4. Changes in accrued liabilities - Operating activities

5. Dividend paid - Financing activities

7. Cash Received from sales of assets and business - Investing activities

8. Net Income - Operating activities

9. Change in accounts payable - Operating activities

10. Short term debt borrowings - Financing activities

11. Capital Expenditures - Investing activities

distinguish between elasticity and slope​

Answers

Answer:

Elasticity is the ratio of the percentage changes. The slope of a demand curve, for example, is the ratio of the change in price to the change in quantity between two points on the curve.

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Warrants exercisable at $20 each to obtain 94000 shares of common stock were outstanding during a period when the average market price of the common stock was $25. Application of the treasury stock method for the assumed exercise of these warrants in computing diluted earnings per share will increase the weighted average number of outstanding shares by:__________

a. 18800.
b. 75200.
c. 94000.
d. 23500.

Answers

Answer: 18800

Explanation:

First and foremost, we have to calculate the outstanding common shares which will be:

= Number of shares / Market price × Warrants Exercisable

= (94000 / 25) × 20

= 75200 shares

Then, the increase in the weighted average number of outstanding shares will be:

= 94000 - 75200

= 18800

please can see answer this fast. Briefly explain how the market mechanism relieves excess demand.​

Answers

Answer:

The decrease in supply creates an excess demand at the initial price. a. Excess demand causes the price to rise and quantity demanded to decrease. ... A decrease in demand and an increase in supply will cause a fall in equilibrium price, but the effect on equilibrium quantity cannot be determined.

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can individual be too motivated? discuss​

Answers

Answer:

Yes, an individual can be too motivated. It can negatively affect their personality and perception. They may feel that they have to get things done no matter the cots and they may mistreat people or make poor decisions to accomplish that. Many of them also become arrogant and overconfident.

"Yes," an individual can be too motivated. A complete description is provided below.

Throughout the employment, a person may be erroneously over-motivated. In other words, the motivation or inspiration of an individual might be motivated by circumstances that don't significantly require him to succeed.

The major incentive of a certain individual might have been to impress or satisfy just their authorities.

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https://brainly.com/question/20114091

Larkspur, Inc. uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below.Date Numer of Units Unit priceMay 7 46 $10July 28 36 15On June 1, Larkspur, Inc. sold 23 units, and on August 27, 36 more units. Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.)

Answers

Answer:

Following are the solution to this question:

Explanation:

Calculating the cost of the product sold:

FIFO:

June 1:  23 units costing of [tex]\$ 10[/tex] each [tex]= \$ 230[/tex]

Aug 27: 23 units costing of [tex]\$ 10[/tex] each [tex]= 230[/tex]

             13 units costing of [tex]\$ 15[/tex] each [tex]= 195[/tex]

                                                                [tex]\$425[/tex]

Total cost of product sold[tex]= \$655[/tex]

LIFO:

June 1:  23 units costing of [tex]\$ 10[/tex] each [tex]= \$ 230[/tex]

Aug 27:  36 units costing of [tex]\$15[/tex] each = 540

                   Total cost of product sold [tex]= \$ 770[/tex]

Average cost:

June 1:  23 units costing of [tex]\$ 10[/tex] each [tex]= \$ 230[/tex]

Aug 27:  36 units costing of [tex]\$13.051[/tex] each [tex]= \$469.836[/tex]

                  Total cost of product sold [tex]= \$699.836[/tex]

Alexa and David are managers of different sales teams. Together, they decide to have a competition between teams to see who can bring in the most new clients this month. To increase the sense of competition, they create spirit days where they wear team colors (Alexa's team: blue, David's black), strategize ways to beat the other group, and keep a running total of who is winning on a white board. Alexa and David are employing ________ to increase productivity.

Answers

Incomplete question. The options read;

Social identity theoryParasocial interaction theoryLeader-member exchange theoryVigilant interaction theoryExpectancy theory

Answer:

Vigilant interaction theory

Explanation:

Remember, we are told that Alexa and David kept a running total of who is winning on a whiteboard for the entire team to see while also strategizing ways to beat the opposing team.

According to the vigilant interaction theory, the productivity of a team is usually dependent upon the group's attentiveness during their group interaction.

Hence, we can thus conclude that Alexa and David are employing vigilant interaction theory to increase productivity.

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