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10 months ago

A city issues five-year bonds payable to finance construction of a new school. what recording should be made?

1 answer:

6 0

A city issues five-year bonds payable to finance construction of a new school Tax anticipation notes are recorded as liabilities in both the FFS and GWFS.

To account for bonds payable to finance value of long-lived belongings offered with particular funds. what is the cause of business enterprise budget To account for operations that offer offerings to other departments inside a central authority.

An organization fund identifies the overall direct and indirect prices to offer the carrier and the sources and amounts of sales that support the service for which a rate is charged in alternate for service.

Account for the ones styles of sales which might be legally limited to being spent for a selected motive besides for expendable trusts or main capital initiatives. those sales ought to be accounted for one by one from the general Fund for a ramification of reasons.

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Frieda is itemizing deductions on her federal income tax return and had $1700 in non-reimbursed work expenses last year. If her

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2 years ago

The tax withheld from your check each pay period will be 20 dollars. True False

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False.... The amount of money taken out of a check for taxes depends on how much you're getting paid.

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2 years ago

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Human resources planning relevant to organizational productivity

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Human resources planning is relevant to organizational productivity because it allows a company to maintain and better target the right talent for longevity. It also enables managers to better train and develop the skills needed in the workforce.

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2 years ago

9. OMG Corporation just paid a $1.50 annual dividend on each share. It is planning on increasing its dividend by 15 percent a ye

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2 years ago

Klose Outfitters Inc. believes that its optimal capital structure consists of 60 percent common equity and 40 percent debt, and

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Answer:

WACC 10.38305%

Explanation:

<em><u>First we solve for the source of financing:</u></em>

Expansion: 5,900,000

60% Equity: 3,540,000

Retained Earnins 2,000,000

then 1,540,000 will be common equity

40% debt: 2,360,000 It can raise up to 3,000,000 so it will be sufficient

D 2,360

E 1,540

RE 2000

V 5,900

Now we can solve for Weighted average cost of capital

$WACC = K_e(\frac{E}{E+RE+D}) + K_{re}(\frac{P}{E+RE+D}) + K_d(1-t)(\frac{D}{E+RE+D})$

Ke 0.15

Equity weight 0.261016949 (1,540,000 / 5,900,000)

Kre 0.12

RE Weight 0,338983 (2,000,000 / 5,900,000)

Kd 0.1

Debt Weight 0.4 ( 2,360,000 / 5,900,000)

t 0.4

$WACC = 0.15(0.261016949152542) + 0.12(0.338983050847458) + 0.1(1-0.4)(0.4)$

WACC 10.38305%

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2 years ago