estion:

Calculate the weighted average cost of capital (WACC) for PDI.

E/V 80.00%

Cost of equity 9.40%

Risk-free rate 3.00%

Beta 1.28

Market equity risk premium 5.00%

D/V 20.00%

Cost of debt 4.00%

Corporate tax rate 40.00%

WACC 80% x 9.40%) + [20% x 4% x (1 - 40%)]= 8.00% WACC = (E/V x Re) + ((D/V x Rd) x (1 - T))

*Cost of equity Risk free rate of return + (Beta * Risk premium) = 3% + (1.28 x 5%) 0.094

Givend the above, I cannot get the following:

Sum of FCF PV =?

Terminal value =?

Present value of terminal value =?

Total value of PDI =?

Assumptions

Discount rate ?

Terminal value ?

When materials are requisitioned from the Raw Materials O points Inventory they can be classified as either direct materials (which are traced directly to the job) or indirect materials (which are items so insignificant that they are not traced directly to a job and instead are included in manufacturing overhead). What is the journal entry made when the material is classified as direct material? * * O Debit Work in Process Inventory, Credit Direct Materials O Debit Direct Materials, Credit Raw Materials Inventory O Debit Direct Materials, Credit Raw Materials Inventory O Debit Work in Process Inventory, Credit Raw Materials Inventory Time cards are collected and it is determined that total 0 points labor (both direct and indirect) is $4,890. What journal entry would be made when the weekly payroll is recorded? O Debit Work in Process Inventory, Credit Factory Payroll O Debit Factory Payroll, Credit Cash or Wages Payable O Debit Work in Process Inventory, Credit Wages Payable O Debit Direct Labor, Credit Work in Process InventoryDebit Credit estimated bad debts update Federal income tax withholding 11. OE/S process to GL/BR process: GL State income tax withholding inventory sales update FICA tax withholdings payable Cash 12. Purchasing process to GL/BR process: FICA taxes payable GL inventory received update SUTA taxes payable 13. IP process to GL/BR process: GL FUTA taxes payable variances (RM. DL, and MOH) updates Debit Credit Cash Accounts receivable Debit Credit Purchases Accounts payable Debit Credit Accounts payable Cash V Debit Credit Work in process (direct labor) Manufacturing overhead (indirect labor) Payroll clearing General and admin expense Selling expenseDiscussion Topic [Marks: 101 fintech-case-study BitPay Inc. "Disrupting Traditional Payments and Infrastructure" Overview and Origin BitPay Inc.: The company was incorporated in May, 2011. It is a payment service provider for Bitcoin and Bitcoin Cash. The founders of the company are Tony Gallippi and Stephen Pair. They started their headquarters in Orlando, FL. The company came about in 2011 when the founders saw the potential of bitcoin as a way to revolutionize the financial industry making it safer, cheaper, and easier to send, receive and store money. By making payments safer by "completely eliminating" the fraud that exists in credit cards payments. Bitcoin eliminates the intermediaries that can increase transaction costs for the consumers like payment gateways. The founders see bitcoin as a way for businesses and consumers to take more control and ownership of money. They wanted to change the way the world does payments and how businesses interact in a more seamless and cost efficient process for sending and receiving bitcoin. The company was funded from multiple sources of investors. People like Shakil Khan, Barry, Silbert, Jimmy Furland, Roger Ver, and Trace Mayer. In early 2013, after they made an announcement that they will move their headquarters in Atlanta, GA, they received $510 thousand dollars from angel investors. In mid-summer 2013, BitPay received $2 million from a venture capital firm based in San Francisco called the Founders Fund. This firm has a portfolio of firms that provided funding for such as Airbnb, Spotify, Stripe, and Oscar Health. The Founder Fund was formed in 2005 and was organized by Peter Theil, Ken Howery, and Luke Nosek. In December of 2013. Bitcoin received another $2.7 million fund from Hong Kong business magistrate, Li Ka-Shing who funded the money through a ventrue capital firm called Horizons Venture Limited. This firm focused on "disruptive and technology focus startups" such as, but not limited to, BitPay, Siri that was later purchased by Apple, Deepmind that was also later purchased by Google, and Meta. Li Ka-Shing is currently the 30th richest man in the world. In May 2014, Bitpay received additional funding of $30 million from multiple investors such as, but not limited to, Index Ventrues, Jerry Yang, the founder of Yahoo, and Richard Branson, the founder of Virgin Group. Business Activities: The problem BitPay is trying to solve is payment complications that exist in traditional banking and payment processing companies such as fraud issues, long time frame to send and receive payments, expensive intermediary payment processing fees that are more expensive compared to merchant services, wire transfers, and credit card payments. Knowing that bitcoin is a new form of currency that is not tied to a specific type of currency like US Dollar, Euro, etc. Allows fullTurner calculated his price of $225,000 as follows: Raw material $ 78,750 Direct labor 33,750 Factory overhead 36,000 Delivery expenses 6,750 Administrative overhead 22.500 Total costs $177,750 Desired profit margin 47.250 Dollar price $225,000 Times exchange rate 2.50 Deutschemark price DM 562,500 Exhibit 2 Culver Radio, Inc., Balance Sheet, December 31, 1982, and December 31, 1981 (unaudited) Assets Current Assets Cash 69.402 170,987 Accounts receivable 99.906 104.374 Advances to employees 5.302 Due from officers 5.540 Inventory Prepaid taxes 438,402 361,327 Total Current Assets 1.300 Fixed Assets 14318 642,228 Net fixed assets Accumulated depreciation S Net Fixed Assets 144.998 121.773 Other Assets deposits 81.579 57,089 Total Assets 63.419 64.642 11.639 15.361 773.231 Liabilities and Stockholders Equity Current Liabilities Accounts payable 175.686 120,798 Note payable automobile 1,876 6,090 Accrued expenses Accrued payroll and commissions 132,717 129,476 Payroll taxes payable 16.524 7.094 Sales taxes payable 4.794 2.260 Customers deposits 713 3,019 Income taxes due 55,839 Total Current Liabilities 6.250 Stockholders' Equity 332.310 331.426 Capital stock-par value $10/share Authorized 701000 shares Issued & outstanding 16,600 shares Retained earnings S 165,000 166,000 INTLI NAME, CARDRAINN'X 3