1. what are three characteristics of credit cards

2. What are three fees that banks can charge for their services?

Answers

Answer 1

Answer:

Alternative to cash. Credit limit, Aids payment in domestic and foreign currency. and Account maintenance and minimum balance. Many banks charge fees for maintaining checking or savings accounts, ATM, Overdraft

Explanation:


Related Questions

Evangeline is just beginning to explore the idea of starting a business what resources might be the best place to start?

competition

business partners

books and on the web

Small Business Administration

Answers

Answer:

it think its B.) business partners

i'm not 100% sure

good luck

have a nice day!!!

Answer: The Correct answer is C Books and on the web

Explanation: I just took the test.

When do you think home prices peaked? Why?

Answers

The property price peaked in the early months of 2006. This was due to the high demand in housing, house flipping had just began to get popular, and the increase was coupled with a limited supply of properties on the market.

One of the unique challenges of offering services instead of products is that it is easier for a concept to be copied.


True

False

Answers

Answer:

true

Explanation:

items are harder to be duped

Answer:

true

Explanation:

know these days anything is super fast to do or use.

why South Africa as a country has a shortage skilled workers​

Answers

Answer:

The shortage is partly because of the failure of the national education and training system to supply the economy with much-needed skills.

TRUE OR FALSE ACCOUNTING
1. When using the LIFO inventory costing method, the most recent costs are assigned to the cost of goods sold.
2. Specific identification should be used when building custom race cars.
3. The amounts debited to the inventory account depend on the inventory costing method used.
4. Companies use the LIFO inventory method to reduce income taxes.
5. During periods of increasing costs, the use of LIFO, rather than FIFO, will result in a greater amount of COGS being reported.
6. GAAP requires companies with receivables to use the allowance method.
7. When the allowance method for bad debts is used, net income is not reduced when a specific customer’s receivable is written off.
8. Having the oil changed in a company truck should be capitalized.
9. Replacing an engine in a plane would be a capital expenditure.
10. A tangible asset has a physical existence.

Answers

1. True
2. True
3. False
4. True
5. True
6. True
7. True
8. False
9. True
10. True

Answer:

1. True

2. True

3. False

4. True

5. True

6. True

7. True

8. False

9. True

10. True

Explanation:

hope this helps

Many transportation systems charge higher fares during rush hours than during the rest of the day. Why?

Answers

Explanation:

Because during rush hour they do not get many people to board their cars but during the day a lot of people board their cars

During the off-season when crops cannot be grown, farmers will do which of the following?

A: Continue working and preparing equipment
B: Take a break, as they are unable to vacation during summer
C: Take on another job or profession until spring.

Answers

Answer:

A

Explanation:

because none seem to be right

If a company spends $14.4 million to install refurbished footwear-making equipment with capacity to produce 1 million pairs of athletic footwear at its North American production facility, then its annual depreciation costs at that facility will rise by

Answers

The annual depreciation costs at that facility will rise by 10% or $1,440,000.

Annual depreciation costs

Life of the equipment = 10 Years

Salvage value = 0

Annual Depreciation= (Cost of equipment - Estimated salvage value) / Estimated useful life

Annual Depreciation= ($14.4 million- 0) / 10

Annual Depreciation= $1,440,000

or

Annual Depreciation= $1,440,000/$14,400,000 ×100

Annual Depreciation= 10%

Inconclusion the annual depreciation costs at that facility will rise by 10% or $1,440,000.

Learn more about annual depreciation cost here:https://brainly.com/question/15872169

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $360,000. During 2021, Halifax sold merchandise on account for $12,100,000. Halifax's merchandise costs is 70% of merchandise selling price. Also during the year, customers returned $594,000 in sales for credit, with $328,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 5% of sales, are recorded as an adjusting entry at the end of the year. Required:

Answers

Answer and Explanation:

1.a. The Journal entries are shown below:-

Refund liability Dr, $328,000

         To Account Receivables $328,000

(Being actual sales return of merchandise sold is recorded)

b. Inventory Dr, $229,600 ($328,000 × 70%)

          To Inventory—estimated returns $229,600

(Being cost of merchandise returned for goods is recorded)

c. Sales returns Dr, $266,000 ($594,000 - $328,000)  

         To Accounts receivable $266,000

(Being actual sales return of merchandise is recorded)

d. Inventory Dr, $186,200 ($266,000 × 70%)

        To Cost of Goods Sold $186,200

(Being cost of merchandise returned for goods is recorded)

e. Sales returns Dr, $ 307,000

           To  Refund liability $307,000

(Being year-end adjusting entry for estimated returns is recorded)

f. Inventory Dr, $214,900  ($307,000 × 70%)

      To Cost of Good Sold $214,900

Estimated returns of 2021 sales = 5% × $12,100,000      $ 605,000

Less: Actual returns of 2021 sales                                  ($266,000)  

Remaining estimated returns of 2021 sales                     $ 339,000

2. The computation of amount of the year-end refund liability after the adjusting entry is shown below:-

Beginning balance in refund liability            $360,000  

Less: Actual returns of pre-2021 sales        ($328,000)  

Add: Adjustment needed                               $307,000  

Ending balance                                              $339,000

What does the ratification of an agency relationship include ?

Answers

Someone who affirms a contract by word or action and has the authority to act on someone else's behalf.

The following is the income statement for the period ending December 31, Year 1, for Manatee Construction Company:

Manatee Construction Company Income Statement

Sales $8,000,000
Cost of goods sold (6,500,000)
Gross profit 1,500,000
Salaries expense (300,000)
Other administrative expenses (100,000)
Interest expense (900,000)
Advertising expense (450,000)
Total expenses (1,750,000)
Operating loss (250,000)
Gain from the sale of investments 100,000
Total net loss $(150,000)

Based on this information, perform the adjusting journal entry to close Manatee’s books at the end of Year 1. To prepare each required journal entry: Enter the corresponding debit or credit amount in the associated column. Round all amounts to the nearest whole number.

Account Name Debit Credit

1. Sales
2. Cost of goods sold
3. Salaries expense
4. Other administrative expenses
5. Interest expense
6. Advertising expense
7. Gain from the sale of investments
8. Retained earnings

Answers

Answer:

Sales 8,000,000 DEBIT

Gain from the sale of investments 100,000 DEBIT

 Income Summary   8,100,000 CREDIT

--to close revenues and earnings account

Income Summary 8,250,000  DEBIT

  Cost of goods sold                  6,500,000 CREDIT

   Salaries expense                      300,000 CREDIT

   Other administrative expenses 100,000 CREDIT

   Interest expense                       900,000 CREDIT

   Advertising expense                 450,000 CREDIT

--to close expenses account

Retained Earnings 150,000 DEBIT

  Income Summary     150,000 CREDIT

Explanation:

To close the accounts we use the income summary account as an auxiliar tool

The revenues and gains have a normla balance of credit thus, we debit to close them

The expenses are normal balance debit so we credit them against income summary.

Last we transfer the Income Summary account into retained earnings.

Clem is married and is a skilled carpenter. Clem's wife, Wanda, works part-time as a substitute grade school teacher. Determine the amount of Clem's expenses that are deductible for AGI this year (if any) under the following independent circumstances: (Leave no answer blank. Enter zero if applicable.) a. Clem is self-employed and this year he incurred $810 in expenses for tools and supplies related to his job. In addition, since neither Clem nor his wife were covered by a qualified health plan through his wife's job, Clem paid health insurance premiums of $5,100 to provide coverage for himself (not through an exchange).

Answers

Answer:

$5910

Explanation:

The AGI is used to calculate how much of gross income that can be taxed. This income is calculated from the gross income and it is Adjusted gross income in full.

Under the AGI, expenses incurred for brooks and supplies and health insurance premiums are deductible.

We have $810 expenses for tools + 5100 for health premium

= $5910 deductibles under AGI.

Which of the following is NOT an example of piggybacking?
Tea and coffee
Cereal and milk
DVD and a DVD player
Razor and razor blades

Answers

Answer:

tea and coffee

cereal and milk

razor and razor blades

Explanation:

Piggybacking is also refered as wifi-squatting

Carey Company had sales in 2019 of $1,703,700 on 63,100 units. Variable costs totaled $883,400, and fixed costs totaled $549,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $90,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction will result in a 5% increase in the number of units sold.

Required:
a. Prepare a projected CVP income statement for 2020, assuming the changes have not been made.
b. Prepare a projected CVP income statement for 2020, assuming that changes are made as described.

Answers

Answer:

a. CVP income statement for 2020 [ assuming no changes]

Sales                                                      $1,703,700

Less Variable Cost                                ($883,400)

Contribution                                            $820,300

Less Fixed Costs                                   ($549,000)

Net Income/ (Loss)                                  $271,300

a. CVP income statement for 2020 [ assuming changes are made]

Sales (($1,703,700/ 63,100 - $1.40 ) × (63,100 + 5%))                       $1,696,128

Less Variable Cost (($883,400/63,100 - $2.80) × (63,100 + 5%))    ($742,056)

Contribution                                                                                          $954,072

Less Fixed Costs ($549,000 +$90,000)                                          ($639,000)

Net Income/ (Loss)                                                                                $315,072

Explanation:

Adjusting the CVP income statement requires you to first find the current unit selling prices and variable costs. This is done by dividing the Total Sales and Total Variable Costs with the number of units currently sold.

Once you have these apply the changes respectively and remember to increase the number of units as well for the final answer in the line items. Follow carefully the calculations i have done.

Advertising for hospitals has grown significantly in recent years, a practice which has generated criticism from many constituencies inside and outside their institutions. What arguments would you employ to defend advertising by hospitals

Answers

A good reason why hospitals need to advertise is to bring attention to their expertise in a certain procedure.

Why should hospitals advertise?

In the word of medicine, there are several different types of procedures and some doctors are better in some of the procedures than others.

If a hospital has some of those doctors who are better, they should be allowed to advertise so that people can go to that hospital and get better help than they would elsewhere.

Find out more on advertising at https://brainly.com/question/9790284.

Use the following data to determine the total dollar amount of assets to be classified as current assets.
Carne Auto Supplies
Balance Sheet
December 31, 2017

Cash
$ 70,000

Accounts payable
$130,000
Accounts receivable
100,000

Salaries and wages payable
20,000
Inventory
140,000

Mortgage payable
180,000
Prepaid insurance
80,000

Total liabilities
$330,000
Stock investments
180,000

Land
190,000

Buildings
$230,000


Common stock
$240,000
Less: Accumulated


Retained earnings
500,000
depreciation
(60,000)
170,000

Total stockholders' equity
$740,000
Trademarks
140,000

Total liabilities and
Total assets
$1,070,000

stockholders' equity
$1,070,000

Answers

Answer:

Current assets=$ 390,000

Explanation:

Calculation to determine the total dollar amount classified as current assets.

Using this formula

Current asset=(Cash + Account receivable + Inventory + Prepaid insurance)

Let plug in the formula

Current assets=$ 70,000+$100,000+$140,000+80,000

Current assets=$ 390,000

Therefore the total dollar amount classified as current assets will be $390,000

Use the drop-down menus to explain how to save a presentation to a CD.

1. Save a backup copy of the original file.

2. Go into the Backstage view using the
✔ File
tab, and select
✔ Export
.

3. Click Package Presentation for CD.

4. Add a
✔ name
for the CD, and select any desired options for modification.

5. If you want to check the file before saving it to a CD, click
✔ Copy to Folder
first.

6. Then, return to the Package for CD dialog box to select Copy to CD.

Answers

Saving a presentation to a CD is done through the following processes:

Going into the Backstage view using the File tab and select ExportAdding a name for the CD, and select any desired options for modification.Checking the file before saving it to a CD, click Copy to Folder first.

What is a CD?

This is referred to as compact disc which are small plastic discs on which sound, or video can be recorded.

In successfully saving a presentation to a CD, the above steps must be followed.

Read more about Compact disc here https://brainly.com/question/529197

Ronnie's Custom Cars purchased some fixed assets two years ago for $39,000. The assets are classified as 5-year property for MACRS. Ronnie is considering selling these assets now so he can buy some newer fixed assets which utilize the latest in technology. Ronnie has been offered $19,000 for his old assets. What is the after-tax salvage value if the tax rate is 34%

Answers

Based on the MACRS classification and the amount Ronnie is offered, the after-tax salvage value is $18,904.80.

What is the after-tax salvage value?

First find the book value at the date of sale:

= Cost x (1 - MACRS year 1 - MACRA year 2)

= 39,000 x (1 - 20% - 30%)

= $18,720

Then find the gain on sale:

= 19,000 - 18,720

= $280

The after tax salvage value is:

= Amount offered - (Gain x Tax rate)

= 19,000 - (280 x 34%)

= $18,904.80

Find out more on salvage value at https://brainly.com/question/14117783.

lorelei's trust fund will pay her $10,000 a year for the next 30 years. The current value of these payments is called the: g

Answers

The current value of these payments to Iorelei from her trust fund is called the present value of an annuity.

What is the present value of an annuity?

When a set payment is made every period then this is called an annuity. The amount of $10,000 that Iorelei is receiving is therefore an annuity.

The current value of this annuity is therefore the present value of an annuity.

Find out more on annuities at https://brainly.com/question/25792915.

2. Extension Tax revenue helps governments provide citizens with goods and services. What kind of taxes do you pay to get these services?

Answers

Answer:

The federal taxes you pay are used by the government to invest in technology and education, and to provide goods and services for the benefit of the American people. Sales taxes are the most important source of revenue for states.

Explanation:

The Mass Rapid Transit (MRT) System in Hong Kong has been running significant losses. Transport Ministry officials have argued over whether to raise fares to combat the losses. One argument against a fare increase is that it will aggravate traffic congestion on the streets during peak commuter hours. Suppose that the current fare is $4 and the government is considering raising it to S6. Officials estimate that this reduces the number of rides purchased from 10,000 to 8,000 per day
a) What is the estimated elasticity of demand for MRT rides using the midpoint/ARC method?
b) What does this elasticity of demand suggest to you about what will happen to total revenue earned by the transit system? Explain and show your work.

Answers

Answer:

A) -0.55

B) The  negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in  the number of Commuters

Explanation:

Given data:

current fare (P0) = $4

hiked fare (P1)  = $6

change in fare = $2

number of rides before increase ( Q0 ) = 10000

number of rides after increase ( Q1 ) = 8000

change in rides = 2000

A) The estimated elasticity of demand for MRT rides using the midpoint /ARC method

Mid point method = [ ( Q1 - Q0 ) / ( Q1 + Q0 ) ] / [ (P1 - P0 ) / (P1 + P0 ) ]

                              = [ - 2000 / 18000 ]  / [ 2 / 10 ]

                              = - 1000 / 1800 =  - 5 / 9 ( estimated elasticity )

= - 0.55

B) The  negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in Commuters

Swazzi is a national chain of clothing stores. It produces and sells women's and men's clothing, footwear, and accessories. In general, it targets high-income consumers, focusing on high product prices.

Swazzi's Northeast Region, its largest, has just experienced its worst fiscal year on record. The region is in terrible shape. Sales are far below expectations and continue to stagnate. Nearly every store is underperforming. Turnover is high and some of the best salespeople are jumping ship. Morale is low.

J.K. Miller has been hired as the new Northeast Division Manager and tasked with turning around the region in short order. J.K. is especially concerned about employee motivation and store leaders. J.K. observes that most employees do not like their jobs, show little respect for the company, and exhibit little affinity with corporate objectives. Correcting these conditions is crucial to improving performance quickly.

J.K. visits Swazzi's flagship store to talk to Store Manager Sean. Over lunch, J.K. asks Sean to be candid about the reasons for poor sales performance at his store and other stores in the region. Sean says: "I have yet to visit a store in the region where the atmosphere is energized. No one seems to have any direction, and employees put only sporadic effort into their work. The sales teams don't seem to care about selling; they're unprofessional in their appearance and in the way they treat customers. Many members of the sales team don't seem to understand the commission system, and many see it as unfair. Absenteeism and turnover are high, even among the team leaders. I have to admit even I don't have much enthusiasm for my job. I also heard from different stores’ employees about some store managers being too laid back and unhelpful, but I don’t have any other details."

The company definitely has problems in the Northeast Division. J.K. remembers the Organizational Behavior class from college years; J.K. is sure OB topics and theories can help solve these problems.

As a team your job is to help J.K. solve the problems using applicable OB concepts and theories. You will need to identify possible root causes of the problem, identify the OB concepts and theories that are relevant to the case, and develop solutions and recommended action plans.

Required:
Identify the OB concepts and theories of Communication, Leadership, Power, and Politics, Conflict and Negotiation

Answers

The Organizational Behavior concept of motivation that speaks to the situation is The Two-Factor Theory by Frederick Herzberg.

What does Two-Factor Theory propose?

Frederick Herzberg's Two-Factor theory suggests that in every workplace, there are certain factors that trigger job satisfaction and enhance motivation while there are other factors that create dissatisfaction.

According to him, these factors are mutually exclusive. Sone of the factors in the case study which are similar to the research findings by Herzberg is Salary Structure and intrinsic interest in the work.

Recommendations:

Revision of Salary Structure

The commission structure should be changed. Given that the company has a great and marketable product, it can reduce the overall sales commission then include a base salary for each worker. So that in the periods when there are no sales, they can have still have some money to fall back on.

Non-Financial Benefits

The company should pay attention to non-financial benefits. Some of them are employee recognition, health insurance, etc.

The organization must work to ensure that rapport between employees, horizontally and vertically is achieved.

Learn more about The Two Factor Theory of Motivation at:

https://brainly.com/question/9310878

4. You have saved $8,000 to buy a snowmobile and can budget $2000 every six months to repay a loan. If you use your $8,000 savings for a down payment and get a 5 year loan at 6% APR (compounded semi-annually) with $2000 payments every six months, how much can you pay for the snowmobile

Answers

The amount that you can pay for the snowmobile is $33,679.09, using the future value formula.

What is the future value?

The future value is the value of a series of cash flows in the future.

It can be computed using an online finance calculator as below.

Data and Calculations:

N (# of periods) = 10 (5 years x 2)

I/Y (Interest per year) = 6%

PV (Present Value) = $8,000

PMT (Periodic Payment) = $2,000

Results:

FV = $33,679.09 ($20,000 + $5,670.09 + $8,000)

Sum of all periodic payments = $20,000.00 ($2,000 x 5 x 2)

Total Interest $5,679.09

Thus, you can afford to pay $33,679.09.

Learn more about future values at https://brainly.com/question/24703884

An engineer invests $5,800 at the end of every year for a 35-year career. If the engineer wants $1 million in savings at retirement, what interest rate must the investment earn

Answers

Based on the amount that the engineer wants to have after 35 years, the interest rate that the investment should earn is 8%.

What rate should the investment earn?

This can be found using a spreadsheet. The RATE formula would apply.

Number of periods = 35 years.

Payment = 5,800

PV = 0

FV = 1,000,000

The rate would be 8.00% as shown in the attached photo.

Find out more on interest rates at https://brainly.com/question/25793394.

If Sasha works for 6 hours she can rent
out 9 apartments, and if she works for 7
hours she can rent out 12 apartments.
The marginal benefit of Sasha's 7th hour
of work equals

Answers

Based on the number of apartments that Sasha can rent at 6 and 7 hours, her marginal benefit in the 7th hour is 3 apartments.

What is Sasha's marginal benefit?

This refers to the additional number of benefits that Sasha gets when she works an extra hour.

As a result of working one extra hour from 6 hours to make it 7 hours, the additional benefit Sasha gets is:

= 12 - 9

= 3 apartments.

Find out more on marginal benefits at https://brainly.com/question/11937697.

"William County opted to account for its duplication service center in an internal service fund. Previously the center had been accounted for in the county's general fund. During the first month in which it was accounted for as an internal service fund the center engaged in the following transactions: Five copiers were transferred to the internal service fund from the government's general capital assets. At the time of transfer the copiers had a book value (net of accumulated depreciation) of $70,000. The general fund made an initial cash contribution of $35,000 to the internal service fund. The center borrowed $270,000 from a local bank to finance the purchase of additional equipment and renovation of its facilities. It issued a three‐year note. It purchased equipment for $160,000 and paid contractors $100,000 for improvements to its facilities. It billed the county clerk's office $5,000 for printing services, of which the office remitted $2,500. It incurred, and paid in cash, various operating expenses of $9,000. The fund recognized depreciation of $1,500 on its equipment and $900 on the improvements to its facilities. Prepare journal entries in the internal service fund to record the transactions. Comment on the main differences resulting from the shift from the general fund to an internal service fund in how the center's assets and liabilities would be accounted for and reported."

Answers

Answer:

Five copiers were transferred to the internal service fund from the government's general capital assets.

Account                   Debit           Credit

Capital                                         $70,000

Copiers                    $70,000

The general fund made an initial cash contribution of $35,000 to the internal service fund.

Account                   Debit           Credit

Capital                                         $35,000

Cash                        $35,000

The center borrowed $270,000 from a local bank to finance the purchase of additional equipment and renovation of its facilities.

Account                   Debit           Credit

Accounts Payable                      $270,000

Equipment              $270,000

It purchased equipment for $160,000

Account                   Debit           Credit

Equipment              $160,000

Cash                                            $160,000

paid contractors $100,000 for improvements to its facilities.

Account                   Debit           Credit

Wage Expense       $100,000

Cash                                            $100,000

It billed the county clerk's office $5,000 for printing services, of which the office remitted $2,500.

Account                        Debit           Credit

Accounts Receivable   $2,500

Cash                              $2,500

Service Revenue                              $2,500

It incurred, and paid in cash, various operating expenses of $9,000.

Account                        Debit           Credit

Operating Expenses   $9,000

Cash                                                  $9,000

The fund recognized depreciation of $1,500 on its equipment $900 on the improvements to its facilities.

Account                               Debit           Credit

Depreciation Expense        $2,400

Accumulated Depreciation                     $2,400

Suppose a State of New York bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 4.4%, how much is the bond worth today?

Answers

Answer:

6.000$ I think the answer is , I 'm not sure

A bond is a fixed-income investment that represents a loan made by an investor to a borrower, usually corporate or governmental.

What is a Bond?

An investment in fixed income known as a bond reflects a loan made by a shareholder to a borrower, typically a corporation or government.

Governments and businesses sell bonds as a sort of asset to raise money from investors. Therefore, selling bonds is a means of borrowing money from the seller. From the standpoint of the buyer, purchasing bonds is an investment because it entitles them to guaranteed principal repayment as well as a stream of interest payments. Some bonds also come with extra perks, such as the option to exchange them for equity in the company issuing them.

Because bonds trade at a discount when interest rates are rising and at a premium when interest rates are decreasing, the bond market often moves inversely with interest rates.

Learn more about bonds here:

https://brainly.com/question/29344176

#SPJ6

This expansion to Bruges of course will require that we learn the Dutch and French languages.

Answers

It should be noted that expansion to Bruges of course will require one learn the Dutch and French languages.

What are Foreign languages?

The foreign languages serves as expansion of ones understand by learning new language so as as foster foreign relationships.

Learn the Dutch and French languages will help to communicate better and build good relationship with foreign countries.

Learn more about Foreign language at:

https://brainly.com/question/24959987

LFinance, Inc. is estimating its WACC. It is operating at its optimal capital structure. Its outstanding bonds have a 12 percent coupon, paid semiannually, a current maturity of 17 years, and sell for $1,162. It has 100,000 bonds outstanding. The firm can issue new 20-year maturity semiannual bonds at par but will incur flotation costs of $50 per bond (Hint: the coupon rate on the new bonds = the YTM on existing bonds). The firm could sell, at par, $100 preferred stock that pays a 12 percent annual dividend that is currently selling for $120. The firm currently has 1,000,000 shares of preferred stock outstanding. Rollins' beta is 0.85, the risk-free rate is 2.53 percent, and the market risk premium is 6 percent. The common stock currently sells for $100 a share and there are 5,000,000 shares outstanding. The firm's marginal tax rate is 40 percent. What is the WACC?

Answers

Assuming he common stock currently sells for $100 a share if the firm's marginal tax rate is 40 percent. The WACC is: 7.54%.

Weighted average cost of capital

First step

PV= 1162+50= (1212)

FV= 1000

PMT= (100×10)/2= 50

N= 20×2= 40

CPT I/Y= 3.94×2= 7.88%

Second step

Market value

1212×100,000=121,200,000

120×1,00,000=120,000,000

100×5,000,000=500,000,000

Total Market value $741,200,000

Percentage

121,200,000/741,200,000=0.1635

120,000,000/741,200,000=0.1619

500,000,000/741,200,000=0.6746

Third step

12/120= 10%

2.53%+(0.85×0.06)

0.0253+0.051

=0.0763×100

=7.63%

Hence:

WACC=0.0788×[.1635(1-.4)]+(0.1619×.10)+(0.6746×0.0763)

WACC=(0.0788×0.0981)+(0.1619×.10)+(0.6746×0.0763)

WACC=0.00773028+0.01619+0.05147198

WACC=0.07539×100

WACC=7.54% (Approximately)

Inconclusion the WACC is: 7.54%.

Learn more about WACC here:https://brainly.com/question/25566972

The buyer and seller of merchandise must agree on who is responsible for paying freight terms. Show your understanding of freight terms by selecting all of the correct statements below.

a. Terms FOB shipping point means the buyer accepts ownership when the goods depart the seller's place of business.
b. When the shipping costs are the responsibility of the buyer, then the Merchandise Inventory account is debited for the freight charges.
c. Revenue for the sale will be recorded after the goods reach their destination, if the goods are shipped FOB destination.
d. Terms FOB destination means that the seller is responsible for shipping costs.
d. When the shipping costs are the responsibility of the seller, then the Merchandise Inventory account is debited. Terms FOB shipping point means the seller of the goods is responsible for freight charges.

Answers

Answer:

a)Terms FOB shipping point means the buyer accepts ownership when the goods depart the seller's place of business.

b)When the shipping costs are the responsibility of the buyer, then the Merchandise Inventory account is debited for the freight charges.

c)Revenue for the sale will be recorded after the goods reach their destination, if the goods are shipped FOB destination.

d)Terms FOB destination means that the seller is responsible for shipping costs.

Explanation:

Terms used in shipping can be regarded as INCOTERMS, and they are terms used in International Commercial activities. Some of the freight terms used are Freight collect, Freight prepaid and so on.

From the question, we were informed about The buyer and seller of merchandise agreement on who is responsible for paying freight terms. From the understanding of freight terms, we can deduce that;

✓ FOB shipping point known as Free On Board is terms used when ownership is attributed to the buyer i.e buyer stand to be responsible for anything that occur to the goods once the good/product is shipped from the seller. Inother hand, FOB destination can be explained as attributing the cost of shipping to the seller.

✓Merchandise Inventory account must be debited as far as freight charges is concerned, when the buyer is responsible for shipping cost.

✓ as far as the goods are shipped FOB destination, the revenue for the sale only get to record after confirmation of goods at the destination.

Other Questions
After five years of working the same fast food job, Paul overcame his inertia and started applying for better jobs.Based on the sentence, what does inertia mean? A feeling of intense fear A lack of desire to change A respect or reverence for An annoyed dismissal Theoretically, what was the first marine mammal? 2x - 3y =26 3x 4.5y =39 solve for x Consider the following national data: tax revenues as a percentage of GDP: 30 percent; government spending as a percentage of GDP: 31 percent; unemployment rate: 4 percent; inflation rate: 5 percent. What is the misery index for this nation How might somebody who has a low level of empathy behave? Use evidence from the text to support your answer. what is 832 times 1 equal to? smh other one didnt work what is this someone please tell me what is the value of x? PLS HELP ASAP!!!What is the x-intercept of the line with this equation 1/3x +y=-15?Enter your answer in the box.(_,0) 103/8-9/14*14/17 please help thx different between barometer and anemometer During the Industrial Revolution, new technology affected the economy of the United States by Loretta paid $6.70 for 5 cans of cat food and $10.72 for 8 cans of cat food. How much did 1 can of cat food cost? A bridge has a sign that says Maximum Weight 6 Tons. If a truck weighs 13,000 pounds, is it too heavy to cross the bridge? Yvonne brought 4 7/8 yards of material to make a dress. What is 4 7/8 as an improper fraction? What is 4 7/8 written as a decimal? HELP PLEASE BRAINIEST Which of the following equations is equivalent to y = 4x + 3? A. -4x + y = 3 B. 4x + y = 3 C. -4x - y = -3 D. -4x - y = 3 What is the absolute value of -8? Use the number line to help answer the question3412S6780LS---243-8-8Mark this and returnSave and ExitI Next What is the probability of an event that is impossible? Solve: 2x - 10/4 3x A-1 B2 C11 D-10 What is the value of x