Calculate WACC given the following information (BT means before tax).
| Total Value of Common Stocks (S) | $800,000 | Cost of Equity (common stocks, Ks) | 16% |
| Total Value of Preferred Stocks (P) | $200,000 | Cost of Preferred stock (Kp) | 12% |
| Total Value of Debt (D) | $400,000 | Before Tax Cost of Debt (BT Kd) | 6% |
| Tax rate (T) | 30% |
none of the answers is correct
19.95%
9.04%
13.56%
12.06%
American Electric Power is planning to purchase mac or pc computers for its business operations from Sweden. The cost of mac or pc computers is 10,000 Swedish kronas. How much in U.S. dollars will American Electric Power pay if $1 is equal to 6.7797 Swedish kronas (Swedish krona/$)?
$2,644
none of the answers is correct
$1,475
$1,686
$1,180
In: Finance
We have been using the same set of data (Data Set One) in the notes to illustrate production and costs. I have provided Data Set One in both tables below. When costs were calculated in the notes, fixed costs were $200. By using the term fixed costs economists are only referring to the fact that a firm must pay this expense no matter how much output it produces or sells. An example of a fixed cost could be the rent a small store pays on the space it rents. The rent will be the same for the duration of the lease, no matter if the store sells I item or 500 items. It is helpful to know what will happen to costs if the price of the variable or fixed resource changes.
PROBLEM ONE - Using the information in data set one, which I have included in the table below, recalculate total cost, fixed cost, variable cost, marginal cost, average total cost, average variable cost and average fixed costs if the price of the fixed input (the small stores rent) is not $200 but $220. A new lease may have caused the rent to increase. I have created Table 1 for you to put your answers in. Assume the price of the variable input, labor, is still $50 per unit. When fixed costs change which other costs will increase? Compare the costs you calculate for table one to the costs calculated in the notes in chapter 7 to find the answer.
TABLE ONE FOR ANSWERS TO PROBLEM ONE
|
Units of Labor |
Total Product (output) |
FC |
VC |
TC |
MC |
ATC |
AVC |
AFC |
|
0 |
0 |
|||||||
|
1 |
3 |
|||||||
|
2 |
7 |
|||||||
|
3 |
12 |
|||||||
|
4 |
16 |
|||||||
|
5 |
19 |
|||||||
|
6 |
21 |
Problem Two - Using the information in data set one, which I have included in the table below, recalculate total cost, fixed cost, variable cost, marginal cost, average total cost, average variable cost and average fixed costs if the price of the variable input (which is labor in this example) is not $50 but $55. I have created Table 2 for you to put your answers in. Assume that fixed costs remain at $220. When the price of a variable input changes which other costs will increase? Compare the costs you calculate for table two to the costs calculated in table one to find your answers.
TABLE TWO FOR ANSWERS TO PROBLEM TWO
|
Units of Labor |
Total Product (output) |
FC |
VC |
TC |
MC |
ATC |
AVC |
AFC |
|
0 |
0 |
|||||||
|
1 |
3 |
|||||||
|
2 |
7 |
|||||||
|
3 |
12 |
|||||||
|
4 |
16 |
|||||||
|
5 |
19 |
|||||||
|
6 |
21 |
In: Economics
Compute the problem below and file a quarterly income
tax return using 1702Q and annual income tax return 1702-EX.
Bless Corporation, a domestic corporation, is into buy and sell
business. The following results of operations appear in its records
for the quarter ending December 31, 2019:
Gross sales for the 1st quarter 350,000
Cost of sales for the 1st quarter 133,000
Total deductions claimed for the 1st quarter 126,000
Gross sales for the 2nd quarter 210,000
Cost of sales for the 2nd quarter 80,500
Total deductions claimed for the 2nd quarter 84,000
Gross sales for the 3rd quarter 550,000
Cost of sales for the 3rd quarter 350,000
Total deductions for the 3rd quarter 50,000
Gross Sales for the 4rth quarter 730,000
Cost of sales for the 4rth quarter 430,000
Total deductions for the 4rth quarter 120,000
The company has a creditable tax withheld of 15,950.
Required:
How much is the total taxable income to date?
How much is the tax payable for the 1st quarter?
How much is the tax payable for the 2nd quarter?
How much is the tax payable for 3rd quarter?
How much is the annual income tax payable for year 2019?
currency is phillipines
In: Accounting
PART A
A metallic spherical thin shell of radius 0.1 m is charged with a
negative charge of 1 μC
a) With what minimum initial velocity should I launch an electron
from very far
away so that it can reach the surface of the spherical shell?
b) With what minimum initial velocity should I launch a proton from
very far
away so that it can reach the surface of the spherical shell?
c) What is the value of the electric field close to the surface of
the shell?
d) If this shell is then put in contact through an electrical wire
with another
metallic spherical thin shell of radius 0.05 m which is far away
from the first
one and initially discharged, what will be the new value of the
electric field near
the surface of the first shell?
e) What will be the value of the electric field near the surface of
the second shell?
f) What are the energies of the configurations of charges before
and after
connecting the two spheres with the wire
PART B
g) Imagine that the wire used in part d) to connect both spheres
does not have a
negligible resistance and has instead a resistance of 1000 W . How
would the
answers to d) ,e,) and f) change?
h) Explain in words what would be the difference between both
cases.
PART C
i) Remove the wire connecting to the smaller sphere ( which is far
away) and
just concentrate on the larger sphere .
j) Draw the magnitude of electric field as a function of the
distance from the
center of that sphere. What is the value of that electric field at
the following
distances from the center ( 0.2 m , 0.3 m, 0.4 m, )
k) Place a surrounding metallic hollow sphere of inner radius 0.25
m and outer
radius 0.35 m centered at the same point where your original sphere
is. That
sphere is given a total charge of + 0. 8 μC.. but not connected or
touching in
any way the original sphere. What is the value now at the same
distances from
the center ( 0.2 m , 0.3 m, 0.4 m)?
l) What are the charges in the inner and outer surfaces of the
hollow sphere?
Can you help me with part b and c
In: Physics
Two dry cleaners in a small city have reached a Cournot equilibrium. What occurs in the long run when other firms enter the market? (Select all that apply.)
A.The market price will be driven above the marginal cost and the firms will earn an economic profit.
B.The market price will be driven down to the average total cost, and the economic profit will approach zero.
C.The total industry output decreases and the market price increases.
D.The total industry output increases and the market price decreases.
In: Economics
This activity will demonstrate the concepts of long-run expansion, no expansion but continue to operate, and shut down immediately.
For cases A through F in the following table, would you (1) operate or shut down in the short run and (2) expand your plant or exit the industry in the long run?
| A | B | C | D | E | F | |
| Total revenue | 2,500 | 1,000 | 4,000 | 4,400 | 3,000 | 6,000 |
| Total cost | 2,500 | 500 | 5,000 | 4,500 | 5,000 | 5,000 |
| Total fixed cost | 500 | 100 | 1,250 | 300 | 1,250 | 1,250 |
In: Economics
5. Total sales of ABC Corp. are $ 100 M and net income is $ 11,5M. The manager thinks eliminating the group marginal customers that constitutes the 10% of the total sales, will increase. Distributing the incomes and expenses of the Company between the marginal customers and credible customers based on income statement, indicate whether the company should eliminate marginal customers or not.
Percentage of sales total fixed variable
Cost of sales (%) 70 - 70 Overhead cost (%) 15 8 7
Collection exp.(%) 1 - 1
Other exp. (%) 2.5 2 0.5
In: Finance
|
Won Han Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate them follow. |
| Indirect Expense | Cost | Allocation Base | |
| Supervision | $ | 74,000 | Number of employees |
| Utilities | 59,000 | Square feet occupied | |
| Insurance | 16,900 | Value of assets in use | |
| Total | $ | 149,900 | |
| Departmental data for the company’s recent reporting period follow. |
| Department | Employees | Square Feet | Asset Values | ||||||
| Materials | 17 | 28,000 | $ | 82,000 | |||||
| Personnel | 4 | 4,600 | 1,100 | ||||||
| Manufacturing | 64 | 41,000 | 38,300 | ||||||
| Packaging | 29 | 13,600 | 15,500 | ||||||
| Total | 114 | 87,200 | $ | 136,900 | |||||
| (1) |
Use this information to allocate each of the three indirect expenses across the four departments. (Round your intermediate and final answers to the nearest whole dollar. Omit the "$" & "%" signs in your response.) |
| Supervision expenses | ||
| Department | % of Total | Cost |
| Materials | % | $ |
| Personnel | ||
| Manufacturing | ||
| Packaging | ||
| Totals | % | $ |
| Utilities expenses | ||
| Department | % of Total | Cost |
| Materials | % | $ |
| Personnel | ||
| Manufacturing | ||
| Packaging | ||
| Totals | % | $ |
| Insurance expenses | ||
| Department | % of Total | Cost |
| Materials | % | $ |
| Personnel | ||
| Manufacturing | ||
| Packaging | ||
| Totals | % | $ |
| (2) |
Prepare a summary table that reports the indirect expenses assigned to each of the four departments. (Round your intermediate and final answers to the nearest whole dollar. Omit the "$" sign in your response.) |
| Supervision | Utilities | Insurance | Total | |
| Materials | $ | $ | $ | $ |
| Personnel | ||||
| Manufacturing | ||||
| Packaging | ||||
| Totals | $ | $ | $ | $ |
In: Accounting
|
Won Han Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate them follow. |
| Indirect Expense | Cost | Allocation Base | |
| Supervision | $ | 71,000 | Number of employees |
| Utilities | 58,000 | Square feet occupied | |
| Insurance | 16,900 | Value of assets in use | |
| Total | $ | 145,900 | |
| Departmental data for the company’s recent reporting period follow. |
| Department | Employees | Square Feet | Asset Values | ||||||
| Materials | 17 | 26,000 | $ | 54,000 | |||||
| Personnel | 5 | 4,000 | 1,400 | ||||||
| Manufacturing | 65 | 47,000 | 37,900 | ||||||
| Packaging | 31 | 13,900 | 15,200 | ||||||
| Total | 118 | 90,900 | $ | 108,500 | |||||
| (1) |
Use this information to allocate each of the three indirect expenses across the four departments. (Round your intermediate and final answers to the nearest whole dollar. Omit the "$" & "%" signs in your response.) |
| Supervision expenses | ||
| Department | % of Total | Cost |
| Materials | % | $ |
| Personnel | ||
| Manufacturing | ||
| Packaging | ||
| Totals | % | $ |
| Utilities expenses | ||
| Department | % of Total | Cost |
| Materials | % | $ |
| Personnel | ||
| Manufacturing | ||
| Packaging | ||
| Totals | % | $ |
| Insurance expenses | ||
| Department | % of Total | Cost |
| Materials | % | $ |
| Personnel | ||
| Manufacturing | ||
| Packaging | ||
| Totals | % | $ |
| (2) |
Prepare a summary table that reports the indirect expenses assigned to each of the four departments. (Round your intermediate and final answers to the nearest whole dollar. Omit the "$" sign in your response.) |
| Supervision | Utilities | Insurance | Total | |
| Materials | $ | $ | $ | $ |
| Personnel | ||||
| Manufacturing | ||||
| Packaging | ||||
| Totals | $ | $ | $ | $ |
In: Accounting
Won Han Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate them follow.
| Indirect Expense | Cost | Allocation Base | |
| Supervision | $ | 70,000 | Number of employees |
| Utilities | 64,000 | Square feet occupied | |
| Insurance | 17,000 | Value of assets in use | |
| Total | $ | 151,000 | |
| Departmental data for the company’s recent reporting period follow. |
| Department | Employees | Square Feet | Asset Values | ||||||
| Materials | 18 | 29,000 | $ | 34,000 | |||||
| Personnel | 8 | 4,700 | 1,200 | ||||||
| Manufacturing | 65 | 50,000 | 38,300 | ||||||
| Packaging | 32 | 13,500 | 14,800 | ||||||
| Total | 123 | 97,200 | $ | 88,300 | |||||
| (1) |
Use this information to allocate each of the three indirect expenses across the four departments. (Round your intermediate and final answers to the nearest whole dollar. Omit the "$" & "%" signs in your response.) |
| Supervision expenses | ||
| Department | % of Total | Cost |
| Materials | % | $ |
| Personnel | ||
| Manufacturing | ||
| Packaging | ||
| Totals | % | $ |
| Utilities expenses | ||
| Department | % of Total | Cost |
| Materials | % | $ |
| Personnel | ||
| Manufacturing | ||
| Packaging | ||
| Totals | % | $ |
| Insurance expenses | ||
| Department | % of Total | Cost |
| Materials | % | $ |
| Personnel | ||
| Manufacturing | ||
| Packaging | ||
| Totals | % | $ |
| (2) |
Prepare a summary table that reports the indirect expenses assigned to each of the four departments. (Round your intermediate and final answers to the nearest whole dollar. Omit the "$" sign in your response.) |
| Supervision | Utilities | Insurance | Total | |
| Materials | $ | $ | $ | $ |
| Personnel | ||||
| Manufacturing | ||||
| Packaging | ||||
| Totals | $ | $ | $ | $ |
In: Accounting