2 c. Prepaid Rent. On September
1 of the current year, the company prepaid $37.200 for two years of rent for facilities
being occupied that day. The company debited Prepaid Rent and credited Cash for $37,200.
DR or CR?
10.9
points
Prepaid Rent
37,200
Step 1: Determine what the current account balance equals.
37.200
Debit
37 200
eBook
$
37,200
Step 2: Determine what the current account balance should equal.
37200
Debit
Hint
Print
References
Credit
Step 3. Record the December 31, adjusting entry to get from step 1 to step 2.
Adjusting Entry
Debit
Rent Expense
37200
Prepaid Rent
37200

Reactive power generation has the following capital structure. its corporate tax rate is 40%. security market value required rate of return debt $ 30 million 4 % preferred stock 30 million 6 common stock 40 million 10 what is its wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.