Cadbury plc is a global confectionery company. Cadbury is forecasting its financial statements for Year 9. Selected financial information for Years 7 and 8 is provided in the table
What is the interest expense for Year 9? (Assume that Cadbury's average cost of debt is 3%.)
Selected Financial Information
Cadbury Inc (£ millions)
Year 7 Year 8
Short Term Debt £2,562 £1,189
Long Term Debt 2,551 1,973
Interest Expense 153
A) £36
B) £59
C) £63
D) £95
E) £110
D
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Debbie acquired a franchise to operate a donut shop from Dollar Donuts, Inc, for $100,000. She incurred an additional $4,000 in legal costs to negotiate the terms with the franchiser. In five years, the franchise contract will be renegotiated. The current contract also states that there will be a $3,000 annual fee plus a two percent charge based on the store's annual revenue, which is expected to
average 90,000 per year. What is the franchise cost that should be capitalized? A) $88,000 B) $92,000 C) $100,000 D) $104,000
When writing a routine request, it is always good manners to thank the reader in advance for their cooperation
Indicate whether the statement is true or false.
Groups are defined by all of the following characteristics except:
a. The members are mutually dependent on each other. b. There is recognition that people belong to a collective entity. c. There are rules and roles that control people’s interactions. d. Members of the group are dependent on one another to achieve individual goals. e. There is satisfaction of personal needs through group membership.
Intelligence:
a. is wisdom and only wisdom. b. is the ability to think, solve problems, and learn. c. means thinking about old things in a new way. d. is the effort you apply to getting things done.