31.   The normal selling price must be set high enough to cover all costs and expenses (fixed and variable) and provide a reasonable profit.   ____   32.   Methods that ignore present value in capital investment analysis include the cash payback method.   ____   33.   The rate of return on investment may be computed by multiplying investment turnover by the profit margin.

The simple model of finacnial planning assumes which of thr following: Only assest are expected to increase the same rate as the sales projection  The sales projextion is the inly thing expected to increase Assets liabilities equity and expenses are projected to increase at the same rate as the sales projections

Prior to adjustment at the end of the year, the balance in Trucks is $298,988 and the balance in Accumulated Depreciation—Trucks is $101,200. Details of the subsidiary ledger are as follows:   Estimated Accumulated Depreciation at Miles Operated Truck No. Cost Residual Value Useful Life Beginning of Year During Year 1 $85,360 $14,940 251,500 miles — 20,400 miles 2 51,100 6,040 300,400 miles $14,930 32,500 miles 3 76,450 13,830 202,000 miles 61,330 8,100 miles 4 86,078 22,520 235,400 miles 24,940 22,300 miles   A. Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year. B. Journalize the entry on Dec. 31 to record depreciation for the year. Refer to the Chart of Accounts for exact wording of account titles.     Chart of Accounts     CHART OF ACCOUNTS   General Ledger   ASSETS…

Weighted Average Cost of Capital (WACC) theory suggests there is an optimal capital structure.   Discuss this statement to include an explanation of: What is meant by ‘capital structure’. How changes in capital structure effect WACC The relationship of WACC to the market value of a company The traditional view of the optimum gearing ratio.              You may find graphical illustration(s) can support your discussion.