La Jolla Consulting has 500,000 common shares outstanding that are priced at $36.00 per share and have an expected return of 14.64% and an expected real return of 14.38%. The company also has 400,000 shares of preferred stock outstanding that are priced at $25.00 per share and have an expected return of 12.56% and an expected real return of 12.30%. Finally, the company has 10,000 bonds outstanding with a coupon rate of 7.69%, current yield of 6.41%, yield-to-maturity of 9.24%, face value of $1,000, and price of $1,200. The expected return on the market is 12.11%, the risk-free rate is 3.78%, and the tax rate is 20%. What is the weighted average cost of capital for La Jolla Consulting

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Personal financial planning is the process of creating and achieving financial goals? true or false

The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.