On June 3, Sweet Company sold to Chester Company merchandise having a sale price of $4,600 with terms of 2/10, n/60, f.o.b. shipping point. An invoice totaling $93, terms n/30, was received by Chester on June 8 from John Booth Transport Service for the freight cost. On June 12, the company received a check for the balance due from Chester Company.
Prepare journal entries on the Sweet Company books to record all the events noted above under each of the following bases.
(1) Sales and receivables are entered at gross selling price.
(2) Sales and receivables are entered at net of cash discounts.

Answers

Answer 1

Answer and Explanation:

The journal entries are shown below:

1  Accounts Receivable - Chester Company $4,600    

             Sales $4,600  

(To record sales)    

Cash    $4,508    

Sales Discounts   $92   ($4,600 × 2%)

       Accounts Receivable- Chester Company 4,600  

(To record receiving of the payment)    

2 Accounts Receivable - Chester Company $4,508 ($4,600 × 0.98)

           To Sales $4,508  

(To record sales)    

Cash 4,508    

         To Accounts Receivable- Chester Company 4,508  

(To record the payment received )  

Cash   4,600    

      Accounts Receivable - Chester Company 4,508  

       Sales Discounts Forfeited 92  

(To record the payment received )


Related Questions

All of the following are examples of mixed economies EXCEPT
Multiple Choice
in socialist France, the French government owns the postal service industry.
in socialist Sweden, most businesses are owned and operated by private individuals.
in capitalist United States, an independent federal agency operates the postal service.
In once-communist Russia, private ownership of businesses has been implemented.
in communist China, state capitalism is used to advance the economy.

All of the following are examples of mixed economies EXCEPTMultiple Choicein socialist France, the French

Answers

Answer:

in socialist France, the French government owns the postal service industry.

Explanation:

A mixed economy combines elements of a pure socialists (command) economy and a  capitalist (free market )economy.  A socialist economy is where the government controls all economic activities and decisions in a country. The private sector is absent in a socialist economy.  A  capitalist or free-market economy is one where the government does not interfere with a country's economic activities. The private sector does production and distribution in the economy.

A mixed economy will have traits of socialists and a capitalist economy. Both the government and private sector participates in economic activities.

1. Aflac Duck
O Trademark
O Patent
O Copyright

Answers

patent is the answer

List a minimum of four reasons why you might be rejected for a job offer.

List a minimum of four reasons why you might be rejected for a job offer.

Answers

Answer:

1. You don't have enough experience for the job.

2.There was a better candidate for the job.

3.You didn't take an interview seriously.

4.Your not professional enough.

5.You might have a criminal record and this job you are applying for doesn't want someone with a bad record.

6.You don't have any recommendations.

7.Your previously bosses say that you aren't a good employee.

8.You aren't punctual. (on time)

You misidentified the post for which you applied. You made a horrible first impression. You lack the necessary experience for the position. A better applicant was available for the position.

What are the methods of accepting and rejecting Job offers ?

You weren't serious about the interview. You lack professionalism. This job you are seeking for might not want someone with a criminal record since you might have one. You lack any recommendations

Accept the job:

There are many different ways to accept a job, and frequently, people do so because they are attracted to the conditions that the employer is offering, such as the pay or the work schedule.

The ideal technique to accept it is in person, outlining what you anticipate from the business and expressing gratitude for the chance.to cooperate with them

Reject the position:

A lot of people turn down jobs due to unstable economic conditions, negative company references, demanding schedules, or a counteroffer from another employer.

The ideal method to turn down a job is to send an email explaining why you can't do it without getting into too much detail, without using many words, or in a stilted, official manner.

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Marketing through social media is very popular today. You have seen how mobile technology has accelerated the use of social media for marketing.

Research at least three mobile marketing techniques and then write a report about a company that has used mobile marketing with success. Include the following points in your report:

Describe in detail the technique used in the mobile marketing campaign.
What was the campaign trying to achieve?
Who was the target audience? What techniques did the company use to broaden the audience base?
Describe the campaign process in detail.
What results did the campaign achieve?
How did mobile technology play a key role in the marketing campaign?
How did mobile technology enhance the campaign compared to traditional marketing methods?
Why do you think the campaign succeeded?
In what ways could the company have improved the campaign?

Answers

Answer:

Get Started

What is Mobile Marketing? (The Best Answer Ever!)

Both marketers and consumers begin their web services on mobile. Digital marketers in particular are excited to run mobile campaigns, because they know that mobile users are motivated buyers.

According to Salesforce, “68% of companies have integrated mobile marketing into their overall marketing strategy.”

The earlier you start reaching out to them, and solving their problems, the more results you will get in your business.

It’s no secret that building a successful online business has its challenges. One of such is knowing how to interact with potential customers on different platforms and devices.

Not only will you get the best results out of mobile, but a good understanding of how mobile marketing works will put you in total control of your marketing.

Let me get you started with a quick definition.

What is Mobile Marketing?

Andreas Kaplan defines mobile marketing as:

“Any marketing activity conducted through a ubiquitous network to which consumers are constantly connected using a personal mobile device.”

Wikipedia defines it as “marketing on or with a mobile device”.

Margaret Rouse defines it as:

“As a promotional activity designed for delivery to cell phones, smartphones, and other handheld devices, usually as a component of a multi-channel campaign.”

I define it as marketing for mobile users.

What-is-Mobile-Marketing??

Mobile phones are changing the way your target audience and customers engage with your brand. People visit your website on their phones, open your emails on smartphones, and buy from your store through their phones.

Putting your business right where your customers are – on the go – is what mobile marketing is all about. Any marketing plan today that ignores mobile marketing is a failed plan.

A Brief History of Mobile Marketing

The history of mobile marketing links back to the time when the first commercial mobile SMS and shortcodes were launched in 2003.

Pontiac and Nike were the first two brands that launched SMS campaigns in 2005. This was the time when both brands realized that mobile marketing is the future because people were crazy about mobile phones.

By 2007, there were 2.4 billion SMS users throughout the globe. Apple launched its first iPhone in the US and QR codes were incorporated into mobile marketing in 2010, which led to the beginning of a new era in marketing.

By 2011, mobile marketing was a $14 billion dollar global industry.

By 2013, Android and iOS had dominated the market and it’s the time when apps were becoming popular and smartphones were replacing traditional mobile phones.

By 2014, the number of mobile phone users exceeded the number of computer users and people were accessing the internet from their phones.

Today, 89% of mobile time is spent on apps while the remaining 11% is spent on websites. This is the number one reason why 71% marketers say that mobile marketing is core to their business, while 68% brands have integrated mobile marketing into their overall marketing strategy.

Brands that lack a mobile marketing strategy must rethink their marketing strategy, because all such brands are losing customers every second.

Explanation:

This will help u really much!!!!

Where would your client navigate to view the status of a bill payment that was paid using Bill Pay powered by Melio?

Answers

Here are the steps:

Go to the Reports menu on the left pane.Select Bills and Applied Payments from the What you owe section.Click the Customize button at the top.Go to the Rows/Columns drop-down, and then check the box for the Tracking # and other info you want to include it.

I hope this helps!!!

Which of the following artistic professions are often represented among the staff of an advertising agency?

writers
illustrators
musicians
photographers
all of the above

Answers

Answer:

writers

illustrators

photographers

Explanation:

Advertising agencies are establishments that help customers to know and appreciate the importance of some goods and services. To convey these ideas to the public, writers, illustrators, photographers and showmen are engaged by advertising agencies to creatively bring out the benefits of these products.

Writers write about the benefits of the products both online and in papers. Illustrators and photographers use their pictorial skills to convey the benefits of some products. These group of artists are often represented among the staff of advertising agencies.

Which of the following forms of sex-related conduct does each of the example represent ?

Answers

Sexual Harassment is a behavior. It is defined as unwelcome behavior of a sexual nature.

The variety of behaviours that people, creatures, systems, and artificial things exhibit in a given context is referred to as behaviour. These systems may consist of both the inanimate physical world and other systems or species.

Behaviour is an individual's actions. It is what a person does to bring about, bring about change, or to maintain the status quo. Behaviour is a reaction to internal events, such as thoughts and feelings. externally: the surrounding area, which includes other people.

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A series of formal, written statements in which the plaintiff and defendant both state claims for the defense regarding the matter being disputed is which
of the following?
O Appeal
O Pleading
O Breach
O Trial

Answers

The answer is Appeal, my friend.

If youre coming from ICEV, the answer is pleading :)

"Easton Company uses 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 130 $11 5/5 Purchase 280 $13 5/15 Purchase 140 $15 5/25 Purchase 160 $17 Sales were 430 units at $25. Using the FIFO method, determine the dollar value of Ending Inventory for the month of May.”

Answers

Answer:

$4,520

Explanation:

The computation of the dollar value of the ending inventory using the FIFO method is as follows:

But before that the ending inventory is

= Beginning inventory + purchased units + purchased units + purchased units - sales units

= 130 units + 280 units + 140 units + 160 units - 430 units

= 280 units

Now the ending inventory is

= 160 units × $17 + (280 units - 160 units) × $15

= $2,720 + $1,800

= $4,520

Assume the manager is located at point B in the diagram above, and he is charging a price of P0. What does the demand for the firm's goods look like if the management anticipates that rivals would not match price reductions but will match price rises instead of price decreases?

Assume the manager is located at point B in the diagram above, and he is charging a price of P0. What

Answers

The demand for the firm's goods based on the diagram given and the current price is elastic.

Why is the price elastic?

Demand is said to be elastic when quantity demanded decreases when prices increase, and vice versa.

Looking at the graph, if there is a price increase by management, the demand will decrease as shown by the space on the blue line above quantity B.

If prices reduce however, the demand increases as shown by curve D₂.

In conclusion, the demand is elastic.

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Prepare a comparative income statement for any company extracting their P&L statement for the years 2020-21 & 2021-22. Analyse the incline and decline in the different elements in the P&L Statement and provide detailed insights.

Answers

Answer:

this is my own answer

Explanation:

hi

How to Prepare a Comparative Income Statement?

Step 1: Specify absolute figures of items like goods sold, net sales, selling expenses, etc., relating to the accounting period under consideration for analysis.

Step 2: Calculate the absolute change in the items mentioned in the income statement.


How are state Insurance Guaranty Associations funded?

Answers

Every state has a guarantee fund that is created by legislation. To safeguard policyholders in the event that an insurer goes bankrupt or is unable to pay its debts, a state's insurance commissioner maintains guarantee funds.

It is possible for a borrower to approach a bank for a loan since a guarantee fund offers a loan or credit guarantee. When a borrower lacks adequate security, such as real estate or other assets, guarantees can be quite helpful. The lack of (enough) collateral is practically universal among small borrowers. Guarantee insurance entails that an insurance firm, rather than a bank, provides a guarantee to your business.

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How can using online banking help with your annual taxes?

a) Online banking allows you to transfer money between your various accounts
b) Online bank statements can be downloaded to tax prep programs like Quicken
c) Online banking allows you to track expenses that qualify for tax deductions
d) Both b and c

Answers

Answer: According to the source I read, "With online banking, that information is all available at the click of a button. Some banks also offer features like a service that allows you to tag any tax-deductible expenses you accrue throughout the year and another that generates a report to summarize your annual spending habits." So I think the answer is C.

Considering the available options, using online banking can help with your annual taxes in many ways, such as:

Online bank statements can be downloaded to tax prep programs like Quicken;

Online banking allows you to track expenses that qualify for tax deductions.

Other ways using online banking can help with your annual taxes are:

You can pay taxes electronically,

You can file for tax returns, etc.

Hence, in this case, it is concluded that the correct answer is option D.

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Johnson Corporation began the year with inventory
of 11,000 units of its only product. The units cost $8
each. The company uses a perpetual inventory
system and the FIFO cost method. The following
transactions occurred during the year:
a. Purchased 55,000 additional units at a cost of
$10 per unit. Terms of the purchases were 2/10,
n/30, and 100% of the purchases were paid for
within the 10-day discount period. The company
uses the gross method to record purchase
discounts. The merchandise was purchased
f.o.b. shipping point and freight charges of $0.50
per unit were paid by Johnson.
b. 1,100 units purchased during the year were
returned to suppliers for credit. Johnson was
also given credit for the freight charges of $0.50
per unit it had paid on the original purchase.
The units were defective and were returned two
days after they were received.
c. Sales for the year totaled 50,000 units at $18
per unit.
d. On December 28, Johnson purchased 5,100
additional units at $10 each. The goods were
shipped f.o.b. destination and arrived at
Johnson's warehouse on January 4 of the
following year.
e. 14,900 units were on hand at the end of the
year.
Required:
1. Determine ending inventory and cost of goods
sold at the end of the year.
2. Assuming that operating expenses other than
those indicated in the above transactions
amounted to $152,000, determine income
before income taxes for the year.
3. For financial reporting purposes, the company
uses LIFO (amounts based on a periodic
inventory system). Record the year-end
adjusting entry for the LIFO reserve, assuming
the balance in the LIFO reserve at the beginning
of the year is $15,200.

Answers

1. To determine the ending inventory and cost of goods sold at the end of the year, we need to calculate the following:

Beginning Inventory:

11,000 units × $8 per unit = $88,000

Purchases:

55,000 units × $10 per unit = $550,000

Less: Purchase Returns:

1,100 units × $10 per unit = $11,000

Net Purchases:

55,000 units - 1,100 units = 53,900 units

Cost of Goods Available for Sale:

$88,000 (beginning inventory) + $550,000 (purchases) - $11,000 (purchase returns) = $627,000

Ending Inventory:

53,900 units - 14,900 units = 39,000 units

Cost of Goods Sold:

53,900 units - 39,000 units = 14,900 units

Cost of Goods Sold:

14,900 units × $10 per unit = $149,000

2. To calculate the income before income taxes for the year, we need to subtract the cost of goods sold and operating expenses from sales:

Sales:

50,000 units × $18 per unit = $900,000

Income before Income Taxes:

$900,000 (sales) - $149,000 (cost of goods sold) - $152,000 (operating expenses) = $599,000

3. To record the year-end adjusting entry for the LIFO reserve, we need to calculate the change in the LIFO reserve:

Change in LIFO Reserve:

Ending LIFO Reserve - Beginning LIFO Reserve

Assuming the beginning LIFO reserve is $15,200, and the ending LIFO reserve is the desired amount:

Change in LIFO Reserve = Ending LIFO Reserve - Beginning LIFO Reserve

Change in LIFO Reserve = Desired LIFO Reserve - $15,200

Once the change in the LIFO reserve is determined, the adjusting entry can be recorded by debiting or crediting the LIFO reserve account accordingly.

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Discuss the economic landscape in Philippines?​

Answers

Answer:

Low economic mobility, poverty and income inequality, poor health care and nutrition.

Explanation:

a diamond poem for economy

Answers

here is the poem! hope you like it :)

Explanation:

There are some economic ways to live

to prevent monitary disaster

try being thoughtful when you try to give

you will always grow happier faster

conserve and waste not for it shall have cost

money you save is the money you earned

it is hard to get back what you have lost

show every one the knowledge you have learned

try to buy what you need and nothing more

being over indulgence is not good

do not hang out at the department store

would try to go to the park if I could

it's very good for ecnomy to spend

but all the wastifulness has to end

Zisk Co. purchases raw materials on account Budgeted purchase amounts are April, $80,000, May, $110,000, and June, $120,000. Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $22,000. Prepare a schedule of budgeted cash payments for April, May, and June. (I need ending accounts payable)

Zisk Co. purchases raw materials on account Budgeted purchase amounts are April, $80,000, May, $110,000,

Answers

Answer:

A schedule of cash payments for April, May, and June is prepared.

Explanation:

The following image shows the calculation and explanation of the cash payment schedule.

Zisk Co. purchases raw materials on account Budgeted purchase amounts are April, $80,000, May, $110,000,

examples of contract

Answers

Explanation:

The definition of a contract is an agreement between two or more people to do something. An example of contract is a loan agreement between buyers and sellers of a car. An example of contract is an agreement between two people to be married. (informal) An order, usually given to a hired assassin, to kill someone.

The Canton Corporation operates in four distinct business segments. The segments, along with 2011 information on revenues, assets and net income, are listed below ($ in millions): Required: 1. For which segments must Canton report supplementary information according to U.S. GAAP?

Answers

Question Completion:

The Canton Corporation operates in four distinct business segments. The segments, along with 2011 information on revenues, assets and net income, are listed below ($ in millions):

Segment             Revenue      Assets    Net Income

Pharmaceuticals  $2,000      $1,000        $200

Plastics                   3,000         1,500          270

Farm Equipment   2,500         1,250          320

Electronics               500            250            40

Total company   $8,000       $4,000        $830

Required: 1. For which segments must Canton report supplementary information according to U.S. GAAP?

Answer:

The Canton Corporation

The segment that Canton Corporation must report supplementary information according to U.S. GAAP is the Farm Equipment segment.  It is quite different from the other three segments.

Explanation:

Canton Corporation will report supplementary information for the Farm Equipment segment.  This supplementary information will differ from others as the required information is considered to be an essential part of the financial reporting of an entity like Canton Corporation that is operating in four distinct and unrelated business segments.

Which of these terms best describes buying on margin during the 1920s?

paying ten cents on the dollar for stock
paying fifty cents on the dollar for stock
paying full price for stock
paying with a credit card

Answers

The  terms that best describes buying on margin during the 1920s is: B. Paying fifty cents on the dollar for stock.


Which terms best describes buying on margin during the 1920s?

In the 1920s buying of  stocks on margin was a popular practice on the American stock market and this involves getting a loan from a broker in order to buy stocks as well as using the stocks as security for the loan.

This tend to  made it possible for investors to purchase more stock than they could have done with their available cash and perhaps profit from rising stock prices. It also exposed investors to high risks because a drop in stock prices could trigger margin calls in which the broker requests more money or assets to settle the loan.

Therefore the correct option is B.

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If hiring the 6th worker increases total product by 7 units and the price of each unit is $2,

a. The firm should not hire the 6th worker as MR MC

Answers

If hiring 6th worker increases total product by 7 units and the price of each unit is $2, The firm should hire the 6th worker since marginal revenue is greater than marginal cost.

No. of workers      Total cost               Marginal cost

0                              50                                 -

1                               110                              60

2                              160                             60

3                               200                           40

4                               240                           40

5                               250                           10

6                               260                           10

7                                280                          20

8                                310                           30

9                                350                          40

10                               400                         50

Given that the unit price is $2, and the firm adds a sixth employee, if output rises by 7 units, the marginal revenue from the sixth employee is equal to 7*$2 = $14.

The hire of the sixth worker will cost marginal cost = $10. Since the marginal revenue is higher than the marginal cost, the company should thus hire the sixth employee.

The complete question is here:

No. of workers           Total cost

0                                       50

1                                       110

2                                      160

3                                     200

4                                       240

5                                      250

6                                       260

7                                      280

8                                       310

9                                        350

10                                      400

If hiring the 6th worker increases total product by 7 units and the price of each unit is $2,

a. The firm should not hire the 6th worker as MR < MC

b. The firm should not hire the 6th worker as MR < TC

c. marginal revenue equals $2

d. The firm should hire the 6th worker since MR > MC

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Based on the relationship and agreement with the vendors, what are the 2 vendor workflow options to pay your vendors?

Answers

Answer:

1.Bill > Pay Bills

2.Create Purchase Order

Explanation:

Vendors plays a very important role in any industry or in organization. Sometimes they are also known as the suppliers. They supplies or provides few raw materials or few components to the client company which in an integral or a very important part or component of the company's product that they manufacture.

And there is an agreement between the client company and the vendor about the payment systems. The client company releases a purchase order for the order of the parts that they are going to buy from the vendor and places the order.  The vendor after receiving the PO or the purchase order sends the ordered parts or items to the client company with an invoice showing the details of costing of the items. After that the client company pays the bill to the vendor company.

Which of the following is an example of a financial asset?

A. Cash

B. Accounts receivable

C. Goodwill

D. An ordinary share

Answers

Answer:

A. cash

Explanation:

cash is used in finance

Misunderstanding of the purpose of the change. choosing a country of your experience, what do you think might have aided those directors to refuse the transfer?​

Answers

Answer:

i think it might be corruption

Explanation:

cuz it's a lot nowadays and those directors are ofc not poor I can give a more reliable answer if ur question was right...

What is the difference between final goods and intermediate goods?

Answers

A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.

B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.

Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:

1. Final Goods:

Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.

2. Intermediate Goods:

Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.

The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.

It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.

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You are to make monthly deposits of $1,721 into a retirement account that pays 8 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 5 years?

Answers

Answer:

FV= $126,585.60

Explanation:

Giving the following information:

Monthly deposit (A)= $1,721

Interest rate (i)= 0.08/12= 0.0067

Number of periods (n)= 12*5= 60 months

To calculate the future value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {1,721*[(1.0067^60) - 1]} / 0.0067

FV= $126,585.60

How to succeed in life

Answers

save money thought the years

Answer:

Focus

Create Ideas

Work Hard

Don't give up on anything

Explanation:

Pls give me brainiest :)

All of the following options are different factors that affect how much of an item you purchase EXCEPT...
A.How long it stays fresh
B.How often you eat that item
C.How many people are eating
D.How hungry you are while you are shopping

Answers

the answer is D how hungry you are while shopping.

Calculating Cost of Debt For the firm in the previous problem, suppose the book value of the debt issue is $35 million. In addition, the company has a second debt issue on the market, a zero coupon bond with 12 years left to maturity; the book value of this issue is $80 million and the bonds sell for 61 percent of par. What is the company’s total book value of debt? The total market value? What is your best estimate of the aftertax cost of debt now?

Answers

The best estimate of the aftertax cost of debt for the firm is 3.47% in the given case.

To calculate the total book value of debt, we sum the book values of both debt issues:

Total book value of debt = Book value of debt issue 1 + Book value of debt issue 2

Total book value of debt = $35 million + $80 million

Total book value of debt = $115 million

To calculate the market value of the zero coupon bond, we need to find 61% of the face value:

Market value of zero coupon bond = 0.61 x Face value of zero coupon bond

Market value of zero coupon bond = 0.61 x $80 million

Market value of zero coupon bond = $48.8 million

The total market value of debt is the sum of the market values of both debt issues:

Total market value of debt = Market value of debt issue 1 + Market value of debt issue 2

Total market value of debt = $35 million + $48.8 million

Total market value of debt = $83.8 million

To find the aftertax cost of debt, we need to first calculate the yield to maturity on the zero coupon bond. We know that the bond has 12 years left to maturity and sells for 61% of par, so we can use the following formula to find the yield to maturity:

61% of face value = $48.8 million

Par value = $100 million

Years to maturity = 12

Yield to maturity = ?

Solving for the yield to maturity using a financial calculator or spreadsheet, we get:

Yield to maturity = 4.83%

Next, we need to find the aftertax cost of debt for both debt issues separately and then weight them by their respective market values. We are given that the company's tax rate is 40%.

For the first debt issue, we are given that the coupon rate is 8% and that the bonds are currently selling at par, so the beforetax cost of debt is 8%. The aftertax cost of debt is:

Aftertax cost of debt issue 1 = Beforetax cost of debt issue 1 x (1 - Tax rate)

Aftertax cost of debt issue 1 = 8% x (1 - 40%)

Aftertax cost of debt issue 1 = 4.8%

For the zero coupon bond, we already calculated the yield to maturity, which is the beforetax cost of debt. The aftertax cost of debt is:

Aftertax cost of debt issue 2 = Beforetax cost of debt issue 2 x (1 - Tax rate)

Aftertax cost of debt issue 2 = 4.83% x (1 - 40%)

Aftertax cost of debt issue 2 = 2.90%

Finally, we can weight the aftertax costs of debt by their respective market values to get the overall aftertax cost of debt:

Overall aftertax cost of debt = (Market value of debt issue 1 / Total market value of debt) x Aftertax cost of debt issue 1 + (Market value of debt issue 2 / Total market value of debt) x Aftertax cost of debt issue 2

Plugging in the numbers, we get:

Overall aftertax cost of debt = ($35 million / $83.8 million) x 4.8% + ($48.8 million / $83.8 million) x 2.90%

Overall aftertax cost of debt = 3.47%

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Customer: "This receipt is ambiguous."
O
I apologize that the receipt is damaged.
I apologize that the receipt is double-sided
I apologize that the receipt is lengthy.
I apologize that the receipt is incorrect.
I apologize that your receipt is unclear.

Answers

I apologize that your receipt is unclear.
If something is ambiguous, that means it is vague or not easily understandable.

I apologize that your receipt is unclear can be referred to Customer: "This receipt is ambiguous." Thus option E is correct.

What is a receipt?

After a consumer has paid for products or services, the firm issues them with a receipt. It serves as a payment confirmation for both your company and the client. Any individual or organization that your company might transact contact with is a beneficiary. The receiver allows you to transfer or receive money.

You can have conflicting feelings about something if you are ambivalent about that as well. "ambiguous" is defined as "not clear or open of being construed in two or perhaps more alternative ways."

When you refer to anything as ambiguous, you are referring to the fact that there are multiple possible interpretations of it, making it confused or perplexing. Therefore, option E is the correct option.

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