At the end of 2020, Vaughn Manufacturing made four adjusting entries for the following items: 1. Depreciation expense, $25500.
2. Expired insurance, $2140 (originally recorded as prepaid insurance.)
3. Interest payable, $6500.
4. Rent receivable, $11000.

In the normal situation, to facilitate subsequent entries, the adjusting entry or entries that may be reversed is (are) :

a. Entry No. 3 only.
b. Entry No. 3 and No.
c. Entry No. 2, No. 3 and No. 4.
d. Entry No. 4 only.

Which stroke of the four-stroke cycle is shown in the above figure? a. power b. compression c. exhaust d. intake

If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. there are two approaches to use to account for flotation costs. the first approach is to add the sum of flotation costs for the debt, preferred, and common stock and add them to the initial investment cost. because the investment cost is increased, the project's expected return is reduced so it may not meet the firm's hurdle rate for acceptance of the project. the second approach involves adjusting the cost of common equity as follows: . the difference between the flotation-adjusted cost of equity and the cost of equity calculated without the flotation adjustment represents the flotation cost adjustment. quantitative problem: barton industries expects next year's annual dividend, d1, to be $1.90 and it expects dividends to grow at a constant rate g = 4.3%. the firm's current common stock price, p0, is $22.00. if it needs to issue new common stock, the firm will encounter a 6% flotation cost, f. assume that the cost of equity calculated without the flotation adjustment is 12% and the cost of old common equity is 11.5%. what is the flotation cost adjustment that must be added to its cost of retaine

Chuck, a single taxpayer, earns $80,750 in taxable income and $30,750 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) (do not round intermediate calculations. round your answers to 2 decimal places.)