​Andyco, Inc., has the following balance sheet and an equity​ market-to-book ratio of 1.4. Assuming the market value of debt equals its book​ value, what weights should it use for its WACC​ calculation? g

Answer: a. Annual Report

b. Income statement

c. Statement of Shareholder Equity.

d. Cashflow Statement

e. Balance Sheet.

Explanation:

The Annual Report is a comprehensive report that aims to show stakeholders including the SEC what the company has been up to in the previous year. It analyzes the business's financial report and also the strategic goals of the business as well.

The Income Statement lets stakeholders know how the company's business transactions went for the previous period. It shows how much goods and services were sold as well as the expenses involved.

The Statement of Shareholder Equity aims to show how the business's dealings during the year have impacted the ownership of the company. It shows the Capital and the Retained Earnings.

The Cashflow Statement aims to show just how much actual cash that the business has. To do so it usually divides the cash transactions into Operating, Investing, and Financing activities.

The Balance Sheet summarizes the components of the Accounting Equation which includes Assets, Liabilities and Equity. This way a person can see at a glance how the business operates.

Answer:

20%

Explanation:

300-240= 60

60÷300×100%= 20%.

Answer:

Preparation stage.

Explanation:

Since Periodic Inc. provides formal training to newly recruited Business Developers to guide them in designing new business initiatives. The new recruits are in the preparation stage of the creative process.

A creative process is a mental approach to innovation, it involves all the process of conceiving an idea and using this ideas to create a new and original product.

Generally, the creative process can be classified into five (5) stages, these are;

1. Preparation: this is typically the first stage of the creative process and it involves the process of gathering information by doing a whole lot of background research that would inspire you to do it.

2. Incubation: at this second stage of the creative process, you will let your mind wander away in imagination, in order to construct your thoughts.

3. Insight: this is the third stage of the creative process and it involves connecting the dots in your thoughts. It is simply the "eureka" moment where a perfect idea fits into your head.

4. Evaluation: this is the fourth stage of the creative process and it involves verifying and sifting your ideas to ensure they are in tandem with your aim, objectives and goals.

5. Implementation: this is the final stage of the creative process and it is the stage where the beautiful and insightful ideas are put into actions to develop a product.

Hence, the new recruits are in the preparation stage of the creative process.

Answer: 3 tiny dots with tiny lines next to them.

Explanation: Because that is the icon you select to insert bullet points or a number system.

Answer:

The answer is "17809.46"

Explanation:

Given:

P= $20,000

quarterly payment k= $699.44

interest rate quarterly r= 7%

[tex]r=\frac{7}{400}\\\\r= 0.0175[/tex]

n=6

Formula:

[tex]\ unpaid \ balance = P(1+r)^n-K\times \frac{(1+r)^n-1}{r}[/tex]

                        [tex]=20,000(1+0.0175)^6-699.44\times \frac{(1+0.0175)^6-1}{0.0175}\\\\=20,000(1.0175)^6-699.44\times \frac{(1.0175)^6-1}{0.0175}\\\\=20,000\times 1.10970235-699.44\times \frac{1.10970235-1}{0.0175}\\\\=22,194.047-699.44 \times \frac{0.10970235}{0.0175}\\\\=22,194.047-699.44 \times 6.26870571\\\\=22,194.047-4384.58352\\\\=17809.4635\\\\[/tex]

The final answer is "[tex]\bold{= 17809.46}\\[/tex]".

Answer:

Correct Answer is (B)

Explanation:

We look at the objectives the government has in mind to achieve;

- stability in international trade

- stability in investment

Which of the listed policies will achieve these goals?

- the tool here used to control international trade is foreign exchange trading

- the tool used to control investment is interest rate

To achieve stability in these 2 indicators, both tools should be controlled. Thus the monetary policy & exchange rate regime to choose here is:

Controlling the interest rate in the country and imposing restrictions on foreign exchange trading.

Option (C) won't suffice because an independent monetary policy is necessary.

Answer and Explanation:

The journal entries are shown below:

1. Equipment $90,000  

               To Cash $90,000

(Being the cost of the building is recorded)

For recording this we debited the equipment as it increased the assets and credited the cash as it decreased the assets  

2. Cash $15,000  

         To Lease Revenue  $15,000

(Being the recognition of revenue is recorded)  

For recording this we debited the cash as it increased the assets and credited the lease revenue as it also increased the revenue

3. Cash $15,000  

          To Lease Revenue  $15,000

(Being the recognition of revenue is recorded)  

For recording this we debited the cash as it increased the assets and credited the lease revenue as it also increased the revenue

4. Depreciation $18,000  ($90,000 ÷ 5 years)

          To Accumulated depreciation $18,000

(Being the depreciation expense is recorded)

For recording this we debited the depreciation as it increased the expenses and credited the accumulated depreciation as it decreased the assets    

Answer: The answer has been attached

Explanation:

The journal is a book in accounting that is used to record the transactions that affect a business. It should be noted that the double entry method of bookkeeping is utilised while recording in a journal.

The journal has been attached in the following way:

1. The journal was used to record the balance sheet particulars.

2. To record the transaction in the internal service fund that is external to the government.

3. To record the internal service fund in the government-wide statements as a part of governmental activities.

It should also be noted that the net income of $84,000 was to be shared as one-third to general government, one-third to public safety, and one-third to public works. This means they'll all receive ($84,000/3) = $28,000 each.

Further explanation can be found in the attached file.

Answer:

20Y3

Nov. 21 :

Debit Notes receivable $66,000

Credit Accounts receivable $66,000

(To recognize notes receivable iro past due account)

Dec. 31:

Debit Interest revenue $161.33

Credit Interest receivable $161.33

(To record accrued interest on notes receivable)

Jan. 20:

Debit Cash $66,880

Credit Notes receivable $66,000

Credit Interest receivable $880

(To record payment of note and interest on Nov. 21 notes)

Explanation:

Note receivable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest revenue on the notes is calculated as: Principal x Interest Rate x Time

In this case, the total interest expense is $66,000 x 8%/12 x 2 months = $880.

Total interest expense to the Company as at December 31 is therefore $880 / 60 days x 11 days = $161.33.

Answer:

$5800000

Explanation:

Stock dividend refers to a form of dividend payment whereby additional stock shares of the company are distributed to shareholders instead of paying the shareholders in cash.

Stock dividends are also known as stock spills and it increases the common stock par value by its declared percentage.

Since the a 100% stock dividend were declared and distributed, this would increase the common stock as follows:

Increase in common stock = $2,900,000 * 100% = $2,900,000.

Therefore, the new common stock would be:

New common stock = Existing common stock + Increase in common stock = $2,900,000 + $2,900,000 = $5,800,000.

Therefore, If a 100% stock dividend were declared and distributed, capital stock would be $5,800,000.

Answer:

The deposit insurance corporation created in 1933 is responsible for insuring the deposits of the US banks in case of emergency. It is an independent federal agency. It was created to keep the financial system stable by promoting sound banking practises. It insures deposit amount upto $250,000 if the depositor is a member firm. The consumers should confirm whether heir institution is FDIC insured or not. Its main objective is to avoid "Great Depression " like situation by preventing bank runs.

Tax bracket is a range of income that is taxable. Tax brackets follow a progressive tax system in which the tax progressively increases as a persons income grows.  People with low income either fall into low tax brackets or don't have to pay tax at all.

Answer:

See explanation below

Explanation:

Given:

Current liabilities at April 30 of $69,400

Current ratio = 1.7

a) Calculate the firm's current assets and working capital at April 30:

Use the formula below to find the firm's current assets:

current ratio= current asset/current liability

current asset = current ratio × current liability

current asset = 1.7 × $69,400

Current asset = $117,980

For working capital:

Working capital= current assets-current liability

= $117,980 - $69,400

= $48,580

Working capital = $48,580

b) Calculate the current ratio and working capital at April 30 as if the April 29 payment had not been made:

New current assets = $117,980 + $14,300 = $132,280

New current liability = $69,400 + $14,300 = $83,700

Working capital = $132,280 - $83,700 = $48,580

Current ratio = 132,280/83700 = 1.58

c) There is no change in the working capital.

The current ratio will decrease by 0.12 (1.7 - 1.58) due to payment on 29th April

Answer:

Balance available on hand at month-end is $1,750

Explanation:

Monthly gross salary=                        $6,250   ($75,000 / 12 month)

Less: Payroll Taxes                             $1,250    ($6,250 * 20%)

Net Monthly salary                             $5,000

Add: Monthly Consultancy Income    $100

Monthly income available on hand  $5,150     $5,150

Less: Monthly Car note            $350

Monthly Car gas                       $50

Monthly mortgage                    $850

Monthly Health insurance        $400

Monthly food spending            $300

Monthly student loan payment $300

Monthly credit card payable     $1,100

Total deductions                        $3,350             $3,350

Balance available on hand at month-end            $1,750

Answer:

The answer is =10.36%

Explanation:

The weighted average cost of capital (WACC) is a way that a company calculates its cost of financing and acquiring assets by comparing the debt and equity structure of the business.

WACC = WeRe + WdRd

We is weight of equity

Re is cost of equity

Wd is weight of debt

Rd is cost of debt

For its cost of equity:

Ke = Rf + beta(market risk premium)

Where Ke is cost of equity

Rf is risk free rate of return( treasury bill return)

4% + 1.1 x 8%

= 12.8%

Total debt 80,000 x $1,000 = $80million

Common: 4million x $40 = $160million

Total = $80milllion + $160million

=$240million.

Therefore, WACC is

WdRd= 80/240 x [8.5% x(1-35%)]

80/240 x 5.5%

=1.83%

WeRe = 160/240 x 12.8%

= 8.53%

=1.83% + 8.53%

=10.36%

Answer:

The value of inventory is $1600.

Explanation:

The business has two inventory on hand that cost $300 each so total value of inventory = 2 × 300 = $600

The value of four items at $400 each = 4 × 400 = $1600

Total number of items = 2 + 4 = 6

Total value of 6 items = 600 + 1600 = $2200

The value of sold inventory = 2 × 300 = $600

The value of inventory = total value of inventory - The value of sold inventory

The value of inventory = $2200 - $600

The value of inventory = $1600

Answer:

Price     Quantity Supplied Quantity Demanded

$2          1                              1

$4          2                             1

$8          3                             1

$12         4                            2

$20        4                            2

$32        5                            4

$44       5                            5

In this market, the equilibrium price will beper widget, and the equilibrium quantity will be:

In this market, the equilibrium price will be $44, because is the price where the quantity supplied and the quantity demanded is the same: 5 widgets supplied, and 5 widgets demanded.

Answer:

1a. Revised Cash balance $23,710

1b. No. the Bank reconciliation is NOT in balance

2a.$23,630

2b.No. The bank reconciliation will still NOT be in balance

3.The difference of $171,000 will be subtracted from the book balance

Explanation:

1a.Preparation of the Revised Cash Book

Particular Debit Particular Credit

Unadjusted $16,830; EFT of Utility $1,400

Balance $9,900 ; Bil $100

Note Collected 1,100; Service Fee Charged $2,700

Interest on Note Collected 90 ; NSF Checks Dishonored $23,710

Excess of Insurance Expense 27,910; Revised Balance $27,910

Therefore the Revised Cash balance at the end of the period will be $23,710

1b.NO. The Bank reconciliation is NOT in balance because the revised balance is still not matched with the bank balance reason been that the amount of $23,710 is not equal to $19,610

2-a) In a situation where the entry to correct the insurance payment hasn’t been made, the balance of cash book will be :

$23,710 – $80 = $23,630

2-b) No. The bank reconciliation will still NOT be in balance because $23,630 is not equal to $19,610

3. If company incorrectly recording a customer deposit at $190,000 rather than $19,000, this increases the balance of cash book by $171,000. Therefore, the company subtracted the difference of $171,000 from the book balance

1a.Rectified Cash balance $23,710

1b.No. the Bank reconciliation is NOT in balance

2a.$23,630

2b.No.The bank reconciliation will always NOT be in balance

1a. Now we Preparation of the Revised Cash Book is:

Particular Debit and Credit

1b.NO. When The Bank reconciliation is NOT in balance because the adjusted balance is still not matched with the bank balance reasoning is that the amount of $23,710 is not equal to $19,610

2-a) In circumstances where the entry to rectify the insurance payment hasn’t been made, the balance of the cash book will be :

$23,710 – $80 = $23,630

2-b) No. When The bank reconciliation will still NOT be in balance because $23,630 is not equal to $19,610

3. If the company mistakenly registers a consumer deposit at $190,000 rather than $19,000, this increases the balance of the cash book by $171,000. Thus, the company subtracted the distinction of $171,000 from the book balance The distinction of $171,000 will be subtracted from the book balance

Find more information about Bank reconciliation here:

https://brainly.com/question/24449793

Answer:

$199,500

Explanation:

The computation of the margin of safety is shown below:

As we know that

margin of safety = Actual sales - break even sales

where,

Actual sales is

= Actual sales units × Selling price per unit

= 7,000 units × $38

= $266,000

And, the break even sales is

= Fixed cost ÷ contribution margin per unit

= $42,000 ÷ ($38 - $14)

= $42,000 ÷ $24

= 1,750 units

Now the break even sales is

= Break even units × selling price per unit

= 1,750 units × $38

= $66,500

So, the margin of safety is

= $266,000 - $66,500

= $199,500

Answer:

No

Explanation:

It is mentioned in the question that the boss who is a big supporter of the president fired Jason, who works as a waiter in the restaurant

So based on the given situation, the first amendment is applied for the government employees as it become the first priority for everyone, not for the private employees

Hence, the answer is no

Answer and Explanation:

Before recording the journal entries first we need to do the computations which are shown below:

The predetermined overhead rate is

= $420,000 ÷ 60,000 machine hours    

= $7 per machine hour  

Now

Particulars                       Job 101   Job 102    Job 103   Total  

Direct materials used     19,200      14,400      9,600     43,200  

Direct labor                     28,800    11,200        9,600     49,600  

overhead applied           7000        28000      14000     49000  

total                                  55,000     53,600     33,200   141,800  

                                        COGS   Finished WIP

Now the journal entries are as follows

1 Finished goods inventory  $53,600  

      To Work in process inventory   $53,600

(Being the transfer of job 102 is recorded)

2a) Cost of goods sold  $55,000  

             To Finished goods inventory $55,000

(being the cost of goods sold is recorded)  

2b) Cash $60,000  

             To sales revenue $60,000

(being the sales revenue is recorded)  

3) Manufacturing overhead $4,000  ($49,000 - $45,000)

                   To Cost of goods sold $4,000

(Being the balance of the manufacturing overhead is recorded)

Answer:

The Motivational approach

Note: Find an attached image of the complete question to this solution below.

Explanation:

Solution

In this scenario Tommy is one of the person in meat department that has specialized skill in cutting process that even neglect his pain making the cutting process.

The transferring to producing department make him to show the produced cutting meat to attract customers to the store.

That step taken in regards to Tommy by the store managers is a motivational approach.

Source: The research for the complete question was taken from quiz-let platform

Answer:

$1,325,000 is the amount to be recorded as accounts payable on Ashwood's report of 31 December, 2016 balance sheet

Explanation:

Here, we want to calculate the amount that Ashwood should report as accounts payable on its December 31, 2016 balance sheet.

The correct answer to this is adding together : The balance in Ashwood Company's Accounts Payable account at December 31, 2016 + Invoice cost of goods in transit from vendor on  December 31, 2016 + invoice cost of goods lost in transit

From the question, we can identify the following;

Balance in Ashwood Company's Accounts Payable account at December 31, 2016 = $1,200,000

invoice cost of goods in transit from vendor on  December 31, 2016 = $85,000

invoice cost of goods lost in transit = $40,000

Plugging these values into the equation, we have;

1,200,000 + 85,000 + 40,000 = $1,325,000

Answer: 16.08%

Explanation:

The effective annual interest rate simply means the interest rate on a loan that is restated from nominal interest rate.

In the above question, we are informed that it uses 15.00% as the nominal annual rate make monthly payments.

Effective annual rate = (1 + r/m)^m - 1

where,

r = annual nominal interest rate

m = number of compounding periods for the year.

In this case m= 12 since there are 12 months in a year.

The answer has been attached.

Answer:

Times interest earned (TIE) = 7.4 times

Explanation:

The times interest earned (TIE) ratio is a measure used to analyze the company's ability to meet its debt obligations on the basis of its current income level. The TIE ratio is calculated as follows,

Times Interest Earned (TIE)  =  EBIT / Total Interest expense

Where,

To calculate TIE, we first need to determine the EBIT. EBIT can be calculated by backward working. Thus, EBIT is:

EBIT = Net income + tax + interest expense

EBIT = 240000 + 80000 + 50000

EBIT = $370000

Times interest earned (TIE) = 370000 / 50000

Times interest earned (TIE) = 7.4 times

Answer:

$256,571

Explanation:

College Graduation fee for four years in the present value

PV = $20,000 x 4 = $80,000

As historically the fee has risen by 6% we need to find future value when the baby will be 20 years old by using future value formula

Let's say

FV = Future value

PV = Present value

n   = number of years

i     = Interest

Workings

FV = PV x ((1+growth rate)^n)

FV = $80,000 x ( (1+0.06)^20)

FV = $256,571

As the bank interest rate is 8% the saving need to be deposited annualy can be calculated as

Savings = (FV x i) /  ((1+i)^n)-1)

Savings = ($256,571 x 0.08) / ((1+0.08)^20)-1)

Savings = 20,525.68 / 3.66

Savings = $5,608

Answer:

The answer is $30

Note: Kindly find an attached copy or image of the complete question given below

Sources: I researched the complete question from Quizlet

Explanation:

Solution

Given that

The total assets projected = $8,850 × 1.06

= $9,381.00

Projected accounts payable = $1,300 × 1.06

= $1,378.00

Projected retained earnings = $3,810 + ($399 × 1.06)

= $4,232.94

Thus

External financing need = $9,381.00 - $1,378.00 -$1,640 -$2,100 - $4,232.94 = $30

Therefore the external financing need is $30.

Answer:

a.Department D = $0.80 per direct labor cost, Department E =  $14 per direct labor hour, Department K = $9 per machine hour.

b.Department D = $96,000, Department E = $154,000, Department K = $93,600

c.Department D = $ 3,000 Under-applied, Department E = $30,000 Over-applied, Department K = $14,600 Over-applied

Explanation:

Predetermined Overhead Rate is used to apportion Factory Overheads to Jobs or Products.

Predetermined Overhead Rate = Budgeted Overheads / Budgeted Activity

Department D = $990,000 / $1,237,500

                        = $0.80 per direct labor cost

Department E = $1,750,000 / 125,000

                        = $14 per direct labor hour

Department K = $1,080,000 / 120,000

                        = $9 per machine hour

Overheads Assigned to Jobs = Predetermined Overhead Rate × Actual Activity.

Department D = $0.80 × $120,000

                        = $96,000

Department E = $14 × 11,000

                        = $154,000

Department K = $9 × 10,400

                       = $93,600

If, Actual Overheads > Assigned Overheads = Under-applied

If, Actual Overheads < Assigned Overheads = Over-applied

Department D = $ 99,000 -  $96,000

                        = $ 3,000 Under-applied

Department E =  $154,000 - $124,000

                        = $30,000 Over-applied

Department K  = $93,600 - $79,000

                        = $14,600 Over-applied

Answer:

Data mining

Explanation:

Data mining is the process in which we can extract the raw data into useful data that would become beneficial for the company.

Large data is available and if we take the data i.e important or useful so this process we called data mining

In the given situation, it is discovered that when the consumers purchased a sandwich so many customers purchased toothpaste along with it. And for extracting the hiding information from its MIS the store used the data mining technique.

Answer:

The correct answer to the following question will be Option C (Understand the activity precedence).

Explanation:

The other given choices are not related to the given situation. So that Option C would be the appropriate one.

Answer:

According to the analogy, the supply of unskilled labour is high during summer.

Explanation:

The total amount in hours that workers are willing to work at a given real wage rate is, in economics, referred to as the supply of labour. As a matter of mathematical accuracy, the amount of hours is usually adjusted for quality of result attained.

Cheers!