interest exp. (400‚000 + ½ (300‚000)) 5% = (550‚000) 5% = 27‚500 Long-term interest exp. (400‚000 + ½ (300‚000)) 10% = (550‚000) 10% = 55‚000 27‚500 + 55‚000 = 82‚500 Earnings before interest and taxes = 200‚000 Interest expenses = 82‚500 Earnings before taxes = 200‚000 – 82‚500 = 117‚500 Taxes = 117‚500 X 34% = 39‚950 Earnings after interest and taxes = 200‚000 – 82‚500 – 39‚950 = 77‚550 B. Short-term interest exp. ( ½ (400‚000)) 5% = (200‚000) 5% = 10‚000 Long-term interest exp. (400
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Nicola Elvy Week Five Questions Chapter 11 (#1‚ 11‚ 12) 1. Why do we use the overall cost of capital for investment decisions even when only one source of capital will be used (e.g.‚ debt)? One may think that an investment financed with a low-cost debt facility is adequate on paper but in the long run that very use of that debt can be the cause of an increase the general risk of the firm and in turn will make any future financing more costly. Every project should be scrutinized to
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Due Date: Day 4 [Main] forum • Read the four scenarios under “Getting Started‚” on page 311 in Business and Administrative Communication (7th ed.). • Choose one of the four scenarios. • Post your response to this question: Identify one or more ways that the cultural differences in the scenario you choose may be leading to miscommunication. How would you resolve these differences? Getting Started 11.1 Identifying Sources of Miscommunication In each of the following situations‚ identify
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During block week I had the opportunity to learn more about The Gatehouse and be part of activities that I would have never had the chance to be part of on my regular working days. I met the founder of The Gatehouse and had an opportunity to practice Ba Duan Jin with him and all the other staff. Ba Duan Jin is thousand years old meditation‚ it is very close to The Gatehouse‚ every staff and volunteers know a lot of its moves and practice it regularly. I was shown few moves in the orientation but
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Week Five Reflection Summary ACC/290 Principles of Accounting Date Teacher Week Five Reflection Summary Team B In recent years there have been many highly publicized financial accounting scandals. Enron‚ WorldCom‚ and AIG are a few of the well- known corporate companies that have been involved in financial reporting scandals. United Sates regulators and lawmakers made known their concerns of mistrust in corporate accounting‚ because of unethical financial reporting. In 2002 Congress
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Ex 9-2 1 D 2 A 3 C 4 D 5 D 6 B 7 B 8 D 9 C 10 A Ex 13-1 1 B 2 D 3 C 4 A 5 C 6 D 7 D 8 B 9 A 10 A 9-10. MODIFIED ACCRUAL/ ADJUSTMENT ACCOUNT AFFECTED ACCRUAL ACCOUNT Debit Credit 1. DEPRECIATION EXPENSE Accrual 674300 BUILDINGS & EQUIPMENT Accural 674300 2. SALARY EXPENSE Accural 39123 SALARIES PAYABLE Accural 39123 3. BUILDINGS & EQUIPMENT Accural 29049 EXPENDITURES Modified 29049 4. BONDS PAYABLE Accural 50000
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Reflection Paper Ethics is a word that comes "from the Greek word ethos (character)‚ and from the Latin word mores (customs). Together‚ they combine to define how individuals choose to interact with one another"(Ethics). According to the text Accounting Ethics‚ "ethics‚ in all its forms‚ is concerned with right or wrong‚ good or bad"(Duska‚ 2011). The Christian worldview of ethics is a major topic that is debated throughout the world. The biblical basis of Christian ethics is "firmly rooted in
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This file includes ECO 561 Week 3 Reflection Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with‚ any topics you struggled with‚ and how the weekly topics relate to application in your field. Prepare a 1- to 3-page paper detailing the findings of your discussion? Economics - General Economics Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with‚ any
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We are Chris and Pat Smith‚ and we are entrepreneurs with five years of experience and we like to invest in small businesses. We decided to invest in this catering company with the two chefs J.P. Martin and L.L. Miller‚ who have culinary science degrees and five years of work experience‚ which includes winning a prestigious prize in a gourmet food competition. So we all decided to set up a catering service called “At Your Service”. This catering service was set up to provide services for wedding
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Organizational Responsibility and Current Health Care Issues HCS/545 University of Phoenix Claudette Grant July‚ 01‚ 2013 Fraud‚ Abuse‚ and Waste in the US Healthcare System is a major problem. As a result of this the government is spending a greater percentage of the GDP on healthcare for Americans. The primary reason for this increase in the overall cost for healthcare is related to the increase in fraud‚ waste‚ and abuse. It is estimated that the United States spends between 15 and 25
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