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Question
What is the adjusting journal entry?
Accrued superannuation from the last wages payment made on the 16th February to the end of the month. Superannuation is based on 9.5% of the gross salaries of Lilly $2,314 and Emma $1,934.
Hint: calculate daily rate * number of days to the end of the month
Hastings Entertainment has a beta of 0.36. If the market return is expected to be 14 percent and the risk-free rate is 5.25 percent, what is Hastings’ required return? What would be the required return if beta increased to .80?
Patton Paints Corporation has a target capital structure of 25% debt and 75% common equity, with no preferred stock. Its before-tax cost of debt is 8% and its marginal tax rate is 40%. What is its cost of common equity and its WACC?
Under the percentage of sales forecasting method, which of the following increases by the same proportion that sales increases:
Compute Bond Price Compute the price of a 3.8 percent coupon bond with 15 years left to maturity and a market interest rate of 6.8 percent. (Assume interest payments are semiannual.) Is this a discount or premium bond?
Don won the cash for life lotteryvand will recieve a $1000 per week for the next 25 years. Calculate the amount of each annuity.
As proposed enterprises or established companies enter foreign markets, lessons can be learned from the successes and challenges of other organizations.
An example of a non-insurance transfer is. Liability insurance states that
(Algorithmic) Cash Receipts Budget and Accounts Receivable Aging Schedule Shalimar Company manufactures and sells industrial products.
Two-Stage Rocket paid an annual dividend of $1.70 yesterday, and it is commonly known that the firm's management expects to increase its dividend by 12.00 percent for the next two years and by 2 percent thereafter. If the current price of Two-Stage’s..
Why financial analysts use cash flows prediction instead of accounting earnings prediction in estimating the NPV of a project?
The company’s cost of equity is 14 percent, and its cost of debt is 8.2 percent. The tax rate is 35 percent. What is the company’s debt–equity ratio?
Identify a party (other than stockholders) that can be classified as a stakeholder for a corporation.
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