On July 15, Piper Co. sold $24,000 of merchandise (costing $12,000) for cash. The sales tax rate is 4%. On August 1, Piper sent the sales tax collected from the sale to the government. Record entries for the July 15 and August 1 transactions. On November 3, the Milwaukee Bucks sold a six game pack of advance tickets for $720 cash. On November 20, the Bucks played the first game of the six game pack (this represented one-sixth of the advance ticket sales). Record the entries for the November 3 and November 20 transactions.
Answers
Answer:
July 15
Dr Cash $24,960
Cr Sales $24,000
Cr Sales Taxes Payable $960
Dr Cost of Goods Sold $12,000
Cr Merchandise Inventory $12,000
On August 1
Dr Sales Taxes Payable $960
Cr Cash $960
On November 3
Dr Cash $720
Cr Unearned Ticket Revenue $720
On November 20
Dr Unearned Ticket Revenue $120
Cr Ticket Revenue $120
Explanation:
Preparation of the journal entries
July 15
Dr Cash $24,960
($24,000+$960)
Cr Sales $24,000
Cr Sales Taxes Payable $960
($24,000*4%)
Dr Cost of Goods Sold $12,000
Cr Merchandise Inventory $12,000
On August 1
Dr Sales Taxes Payable $960
Cr Cash $960
($24,000*4%)
On November 3
Dr Cash $720
Cr Unearned Ticket Revenue $720
On November 20
Dr Unearned Ticket Revenue $120
Cr Ticket Revenue $120
(1/6*$720)
Related Questions
purchased goods of rs 40000 journal entries
Answers
The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.
How to enter the journal ?The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.
Date Account title Debit Credit
XX -XXXX Purchases Rs. 40, 000
Accounts payable Rs. 40, 000
This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.
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What are three advantages and three disadvantages of globalization
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Harlow Appliance has just developed a new air fryer it believes will have broad market appeal. The company has performed marketing and cost studies that revealed the below information:
Answers
Based on the positive NPV of $419,910, I would recommend that Harlow accept the device as a new product.
Net cash inflow for each year:Year Sales in units Sales Revenue Variable Costs Contribution Margin Fixed Expenses Net Cash Inflow
1 6,000 $420,000 $240,000 $180,000 $130,000 $50,000
2 9,000 $630,000 $360,000 $270,000 $130,000 $140,000
3 10,000 $700,000 $400,000 $300,000 $130,000 $170,000
4 12,000 $840,000 $480,000 $360,000 $130,000 $230,000
5 9,000 $630,000 $360,000 $270,000 $130,000 $140,000
6 7,000 $490,000 $280,000 $210,000 $130,000 $80,000
Step 2/5
b. Based on the positive NPV of $419,910, I would recommend that Harlow accept the device as a new product. The NPV indicates that the project is expected to generate more cash inflows than outflows, providing a return higher than the required rate of return of 10%.
Step 3/5
3.
a. NPV calculation with a required rate of return of 12%:
Year Net Cash Inflow Present Value Factor (12%) Present Value
1 $50,000 0.893 $44,650
2 $140,000 0.797 $111,940
3 $170,000 0.712 $121,040
4 $230,000 0.636 $146,280
5 $140,000 0.567 $79,380
6 $80,000 0.507 $40,560
NPV = Present Value of Net Cash Inflows - Initial Investment
= ($543,850 - $157,500)
= $386,350
Step 4/5
b. Based on the positive NPV of $386,350, I would still recommend that Harlow accept the device as a new product even with a higher required rate of return of 12%. The project is still expected to generate more cash inflows than outflows, providing a return higher than the required rate of return.
Step 5/5
4. The general observation is that as the required rate of return increases from 10% to 12%, the NPV decreases from $419,910 to $386,350.
This suggests that the higher the required rate of return, the lower the expected return on investment for the project, which may reduce the project's attractiveness.
However, the project still generates a positive NPV at both
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Harlow Appliance has just developed a new air fryer it believes will have broad market appeal. The company has performed marketing and cost studies that revealed the below information:
A. New equipment would have to be acquired to produce the air fryer. The equipment would cost $157,500 and have a six-year useful life. After six years, it would have a salvage value of $7,500.
B. Sales in units over the next six years are projected to be as follows:
YEAR
SALES IN UNITS
1
4,500
2
6,000
3
7,000
4-6
10,000
C. Production and sales of the air fryer would require working capital of $30,000 to finance accounts receivable, inventories, and day-to-day cash needs. This working capital would be released at the end of the project’s life.
D. The air fryer would sell for $70 each; variable costs for production, administration, and sales would be $40 per unit.
E. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the equipment would total $100,000 per year. (Depreciation is based on cost less salvage value.)
F. To gain rapid entry into the market, the company would have to advertise and the costs would be:
YEAR
ANNUAL ADVERTISING ($)
1-2
$135,000
3
$112,500
4-6
$90,000
G. The company’s required rate of return is 10%.
Requirements
Based on the above details, please complete the below requirements for a total grade of 60 marks (5%).
1. Compute the net cash inflow (incremental contribution margin minus incremental fixed expenses) anticipated from sale of the device for each year over the next six years. (20 marks)
2. Using the data computed in (1) above and other data provided in the case,
(a) determine the net present value of the proposed investment rounding present value factors to three decimal places and amounts to whole dollars. (18 marks)
(b) Would you recommend that Harlow accept the device as a new product? Why? (2 marks)
3. Assuming instead that the required rate of return is 12% rather than 10%,
(a) determine the net present value of the proposed investment rounding present value factors to three decimal places and amounts to whole dollars. (15 marks)
(b) Would you recommend that Harlow accept the device as a new product? Why? (2 marks)
4. When comparing parts 2 and 3, what general observation do you notice? (1 mark)
which of the following exponential smoothing constant values puts the same weight on the most recent time series value as does a four-period moving average? α = .25 α = .8 α = .75 α = .2
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The most recent time series value is given the same weight by the following exponential smoothing constant values as it is by a four-period moving average.
Which of the following values for the exponential smoothing constant gives the most recent time series data the same weight as a four-period moving average?The correct response among the following alternatives is a=0.2.
How do you figure out a 4 point moving average?To calculate this, add the most recent four quarters' worth of sales (for example, Q1 + Q2 + Q3 + Q4), and then divide by four. This method eliminates the quarterly fluctuations and provides a clear picture of the quarterly sales trend.
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Dakota Coffee Company produces Columbian coffee in batches of 7,500 pounds. The standard quantity of materials required in the process is 7,500 pounds, which cost $6.00 per pound. Columbian coffee can be sold without further processing for $9.80 per pound. Columbian coffee can also be processed further to yield Decaf Columbian, which can be sold for $11.60 per pound. The processing into Decaf Columbian requires additional processing costs of $6,300 per batch. The additional processing will also cause a 5% loss of product due to evaporation.
Question Content Area
a. Prepare a differential analysis dated December 11 on whether to sell regular Columbian (Alternative 1) or process further into Decaf Columbian (Alternative 2). If required, use a minus sign to indicate a loss.
Answers
The differential analysis is attached accordingly. The workings are indicated below.
What is differential analysis?Differential analysis is a decision-making approach that analyzes the net effects of two alternatives by examining the advantages and costs associated with each. The option chosen has the greatest advantageous (or least adverse) financial impact.
To arrive at the figures in the differential analysis first we derive the Revenue from selling regular Columbian:
Recall that:
Revenue = Sales x Quanity Manufactured; hence
9.8 x 7500
= $73,500
Revenue from Decan Columbian:
11.6 x (95% x 7500)
= 11.6 x 7125
= $82, 650
Cost of selling regular Columbian
Cost = Cost x Units produced
= 6 x 7500
= $45,000
Compute the cost of selling Decaf Columbian
In this case, Cost = Product Cost + Cost of processing
= 45,000 + 6300
= $51,300
Hence the figures indicated in the differential analysis.
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What makes buying a foreclosed property risky?
Answers
Answer:
almost everything
Explanation:
The least expensive type of marketing research method is a(n)
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6. Suppose that the consensus forecast of security analysts of your favorite company is that earnings next year will be $5.00 per share. The company plows back 50% of its earnings and if the Chief Financial Officer (CFO) estimates that the company's return on equity (ROE) is 16%. Assuming the plowback ratio and the ROE are expected to remain constant forever: Suppose that you are confident that 10% is the required rate of return on the stock. What does the market price of $50.00 per share imply about the market's estimate of the company's expected return on equity? (please give a number) 1 point
Answers
10.0000%, market price of $50.00 per share imply about the market's estimate of the company's expected return on equity.
The given amount is;
The market price of $50.00 per share.The company's expected return on equity is 10%.ROE x blowback ratio16.0000% x 50.0000%8.0000%Because the needed rate of return to the stock is 10%, the market's assessment of the company's expected return on equity is greater than that derived using the plowback ratio and the ROE.
As a result, the significance of the market price of $50.00 per share imply about the market's estimate of the company's expected return on equity are the aforementioned.
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Do you believe that the citizenship process is fair? Why or why not?
Answers
Answer: no, because the way African Americans are being treated is horrible and the way cops think that they can just pop someone out of nowhere and have no consequences is brutal and lose their badge for it is cruel and how blacks can't get good jobs or good pay like "noncolored" people is horrible and how people want to come to the US for a better life but get punished for coming so do i think citizenship process is fair no i do not
Respond to the following in a minimum of 175 words: Most schools and businesses require some standard style of documentation for written reports. Discuss why that might be. What disadvantages, if any, might there be to insisting that all reports conform to a certain style?
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I believe that most schools and businesses require the knowledge of standard styles of documentations, because it plays as an extremely important role in communication. In grade school we all learn the basics of writing in English courses. There’s a difference in styles and expectations when it comes to college level writing. The type of writing I’ve been required to complete APA style most college courses go by this template. With following proper guidelines with APA there’s certain grammatical punctuation needed, citations, references, which type of paper is being written ( ex:argumentative) . There’s usually a minimum word count to be met. Being able to write and produce good documents also show the intelligence of how well the information given to you is reciprocated. How well you can share information off to others. Some disadvantages would be the time it takes to make sure the guideline are being met. Creating rough drafts, doing research, and etc. Some people may only be familiar with certain types of writing styles and not open to creating things a different way. Being that’s what they’re used to.
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Classmate 2
Top of Form
The reason most schools and businesses require some form of standard formate is to be precise and clear for the reader. When filing government documents, they are formatted in certain ways for filing and researching all the important information. When using these formats, the writer needs to be aware of everything on the page. This includes font style, font size, margins, letter head and references. The reference page was designed to make it as easy as possible for the person reviewing the paper to find all the sources without issues and for fact checking. With these different formats it provides the students practice for entering into the career world. It also builds professionalism and credibility when they are able to properly site the references used.
The disadvantage of using these different formats is that they follow very strict guild lines. If you were to turn in a paper for college missing one or several thing; you can be docked points off your grade. There are also many things that can be missed and are very specific that if the right person was looking at it could find them in a matter of minutes. It's also discouraging for inexperienced student who haven't used it before to use because they feel like they're going to make a mistake throughout the entire paper. I definitely feel this way when writing any important documents for school or work.
The reason most schools and businesses require the same style for written reports is for, precision, accuracy, and making the reports clear for the person reading.
What is a writing style?This is the style that has been adopted by a given organization or faculty in how to present their scholarly works and other forms of literature.
The different types are
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Which of the following is not true about emergency funds?
O They help remove the worry about expenses not listed in the budget.
O They help you prepare for unexpected expenses.
O They are used for anything listed in the budget.
O They can keep you from borrowing money from friends and family members.
Answers
Emergency funds are typically set aside to cover unexpected expenses that are not included in the regular budget. The statement "They are used for anything listed in the budget" is not true about emergency funds. Hence, option C is the correct answer.
These expenses may include medical emergencies, car repairs, home repairs, job loss, or any unforeseen financial hardships. The purpose of an emergency fund is to provide a financial safety net for unexpected situations that can disrupt one's financial stability.
On the other hand, expenses listed in the budget are part of the regular planned expenses, such as rent or mortgage payments, groceries, utilities, transportation, and other recurring costs.
Hence, option C is the correct answer.
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Explain link between creativity, innovation and entrepreneurship, and outline the steps for screening opportunities
Answers
Creativity, innovation, and entrepreneurship are interconnected and essential for driving economic growth. When screening opportunities, aspiring entrepreneurs should engage in creative idea generation, evaluate market potential, conduct thorough research,
Creativity refers to the generation of novel and valuable ideas, while innovation involves turning those ideas into practical solutions.
Entrepreneurship, on the other hand, is the process of identifying and pursuing opportunities, mobilizing resources, and taking risks to create and manage a successful venture. The link between these three concepts lies in their mutually reinforcing nature. Creativity fuels innovation by providing the initial spark for new ideas and perspectives.
Innovation, in turn, serves as a platform for entrepreneurial endeavors, as it creates opportunities for commercialization and market disruption. Entrepreneurship then takes these innovative ideas and transforms them into tangible products, services, or businesses that generate value and drive economic growth.
When screening opportunities, aspiring entrepreneurs can follow a systematic approach:
Idea Generation: Encourage and engage in creative thinking to generate a pool of potential opportunities.
Opportunity Evaluation: Assess the feasibility, market potential, and competitive landscape of each idea.
Market Research: Conduct thorough research to understand target customers, their needs, and existing solutions.
Resource Assessment: Evaluate the resources required to pursue the opportunity, including financial, human, and technological aspects.
Risk Analysis: Identify and evaluate potential risks and uncertainties associated with each opportunity.
Business Model Development: Formulate a clear and viable business model that outlines how the opportunity will be monetized.
Prototype and Testing: Develop prototypes or minimum viable products to gather feedback and validate the opportunity.
Financial Analysis: Conduct a comprehensive financial analysis to determine the potential profitability and sustainability of the opportunity.
Decision-making: Prioritize and select the most promising opportunities based on the evaluation and analysis.
Implementation and Execution: Develop an action plan and execute it effectively, leveraging creativity, innovation, and entrepreneurial skills.
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Acelynn borrows $1337 to buy a four-wheeler. The annual interest rate is 4% for the 14-year loan. How much interest will she pay for the money borrowed?.
Answers
hope this helps:)
Please help ASAP!
Lisa is thinking about a career in Hospitality and Tourism. She has always wanted to run a small bed and breakfast. What area might have just the right economy for Lisa?
A. a concentrated manufacturing district
B. a farming community with chicken houses everywhere
C. a small town close to the beach
D. a cold, icy community in a rural area
Answers
Answer:
C
Explanation:
Answer:
C. a small town close to the beach
Explanation:
What impact is Walmart’s acquisition of nontraditional retailers likely to have on the shopping habits of Walmart’s customers?
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Does retail storage with customer pick up pose any risk for distribution network?
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Inventory cost is higher than all other options. If there are many small players at the customer stage, each requiring small amount of the product at a time.
Suggest THREE ways businesses can use creative thinking to solve business problems.
Answers
Answer: They can Substitute.
Combine.
Rearrange.
Eliminate.
Put to other uses.
Magnify.
Adapt.
Explanation: stan bts
Businesses can creatively solve problems by using brainstorming, design thinking, and cross-disciplinary collaboration to foster innovation and customer-centric solutions.
Here are the three steps:
1. Brainstorming Innovative Solutions: Encouraging teams to freely brainstorm diverse ideas and explore unconventional approaches fosters creative problem-solving and potential breakthrough innovations.
2. Design Thinking Methodology: Embracing the iterative design thinking process empowers businesses to deeply understand customer needs, ideate, and test creative solutions, ensuring customer-centric problem-solving and increased efficiency.
3. Cross-Disciplinary Collaboration: Fostering collaboration between different departments or external partners encourages diverse perspectives and leverages a wide range of expertise, leading to novel problem-solving strategies and fostering a culture of continuous innovation.
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What basic business principle does the author of your reading material state that automakers ignored in recent years, leading to the need for an industry bailout?
Answers
A sustainable financial model that is adaptable to changing market conditions is what was ignored
The principle that was ignoredThe core concept that industry titans overlooked, eventually necessitating a bailout, was constructing and sustaining a pliable monetary ploy attuned to shifting market conditions.
Prior to the aid package, auto-manufacturers homed in on sales of high fuel-consumption SUVs and trucks which were appealing due to inexpensive gas costs combined with easily accessible credit.
The dismayingly tardy adaptation to changing patron likes for more fuel-thrifty and environment friendly motorsides - along with mounting rivalry from overseas powerhouses - drove automakers into a perilous condition, where they ultimately felt the blow of 2008’s global fiscal crunch, harshly diminshing productivity as well as profits.
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Two new companies start to produce HDTVs. This results in _____ in the _____ HDTVs.
an increase, supply of
an increase, demand for
no change, supply of
no change, demand for
Answers
Answer:
an increase, supply of
Explanation:
Answer:
AN INCREASE SUPPLY OF
Explanation:
trust me bro
Select a publicly traded, for-profit company that will be your client. Conduct research about the company by visiting the company website and obtaining a copy of the annual report. Locate three to five additional resources that provide additional data and information about the brand. You will use this research to tell the brand story; share the company vision, mission, and marketing objectives; and describe the strategies and tactics the company is currently using to meet the marketing objectives. You will also perform SWOT analysis based on your research.
Answers
Choose a for-profit, publicly traded company that you want to learn more about. To learn more about the company's brand, go to their website. Get a copy of the most current annual report for the company. Based on your study, conduct a SWOT analysis.
Which two main categories of marketing data are there?Unstructured data and structured data are the two basic types of data used in marketing. Data comes in two basic categories: organized and unstructured. Each offers useful information about your customers.
What types of data are there in digital marketing?Search engine optimization, pay-per-click, social media marketing, content marketing, email marketing, mobile marketing, marketing analytics, and affiliate marketing are the eight key categories that make up digital marketing.
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PLEASE HELP ME QUICK!
Which of these is not an example of a trade restriction?
a. paying a subsidy to domestic farmers
b. charging a tariff on imports
c. taking land to build an airport
d. limiting the import of certain goods
Answers
Answer:
c. taking land to build an airport.
Explanation:
While the other options (a, b, and d) are examples of trade restrictions, the act of taking land to build an airport is not directly related to trade restrictions. It is more related to the acquisition of land for public infrastructure development, which may involve eminent domain or other legal processes.
Which 2 statements about Location tracking in QuickBooks Online are true?
The Location can be added to a Bill Payment
The Location can be filtered on the Receive payment screen
The Location can be filtered on the Pay bills screen
The Location can be selected on each row of an invoice
The Location can be selected on each row of a journal entry
Answers
The statements about Location tracking in QuickBooks Online are true are The Location can be selected on each row of a journal entry and The Location can be filtered on the Pay bills screen. Thus, option 2nd and 5th are correct.
What can the location tracking feature do?There are a few examples of how location sharing applications and features benefit our daily lives: Assist you in tracking down and recovering lost or stolen smart gadgets. When you phone 911, you are giving emergency responders your location. Allow you to avoid traffic.
The assertions concerning QuickBooks Online's location tracking are correct. On each row of a journal entry, the Location may be selected, and the Location can be filtered on the Pay bills screen. As a result, options 2nd and 5th are accurate.
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how can businesses can deal with unemployment?
Answers
Answer:
Explanation:
The first and most straightforward way that a small business can help deal with unemployment is by hiring individuals. Small business owners should hire locals that have the right expertise. They should also give them adequate compensation so that they can empower the rest of the community.
Retailers like Walmart and Target carry less-expensive versions of established brand name products or new lower-price lines. They have adopted a A) high-low B) target return C) cost-plus D) good-value E) market-skimming pricing strategy.
Answers
The pricing strategy adopted by Walmart and Target is known as the (D) good-value pricing strategy.
This strategy aims to offer customers a product that provides a better combination of quality and price compared to competitors. Retailers like Walmart and Target carry less-expensive versions of established brand name products or new lower-price lines to appeal to value-conscious customers. The good-value pricing strategy is effective in attracting price-sensitive customers who seek high-quality products at a reasonable price. The approach allows these retailers to increase sales volume and market share. By offering a combination of quality and affordability, they are able to achieve customer loyalty and gain a competitive advantage. This pricing strategy is crucial for retailers who want to succeed in a highly competitive market while offering the best value for money to their customers.
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for middle- to low-income taxpayers meeting eligibility requirements, a saver's credit of up to % of elective contributions of up to $ to any qualified retirement plan may be deducted from their tax liability.
Answers
A saver's credit of up to 50% of voluntary contributions up to $1,000 made to any qualifying retirement plan may be taken into account when calculating the tax due by middle-class and low-income taxpayers who meet the eligibility requirements.
You can claim the credit for 50%, 20%, or 10% of the first $2,000 you contribute each year to a retirement account, depending on your adjusted gross income and tax filing status. The maximum credit amounts that may be requested are therefore $1,000, $400, or $200. The saver's tax credit is a non-refundable tax credit with a maximum value of $1,000 and a range of 10% to 50% of the individual taxpayer's qualified contribution of up to $2,000 in total.
The maximum credit is equal to the lesser of $1,000 or the amount of tax the taxpayer would have owed if the credit hadn't been available. The saver's credit may be available to low- and moderate-income workers who contribute to a 401(k) plan or an individual retirement account for retirement savings. You may claim this credit for donations to retirement savings in addition to any tax deductions you receive for making contributions to conventional retirement accounts.
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Correct Question:
For middle- to low-income taxpayers meeting eligibility requirements, a saver's credit of up to ______ % of elective contributions of up to $ _______ to any qualified retirement plan may be deducted from their tax liability.
Why are private and public companies alike
Answers
Both public and private companies are alike because, both kinds must hold annual meetings, establish a board of directors, keep meeting minutes, and keep a list of shareholders and their holdings.
What are private and public companies?Privately owned businesses are, unsurprisingly, privately owned. This indicates that the company is often owned by its founders, management, or a collection of individual investors. A public company, on the other hand, is one that has undergone an initial public offering (IPO) in which it has sold all or a portion of its stock to the public, giving shareholders an interest in some of the firm's assets and earnings.
Both public and private corporations must hold annual meetings, appoint a board of directors, maintain meeting minutes, and maintain a list of shareholders and their holdings. For these reasons, both types of businesses are similar.
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NewTech purchases computer equipment for $255,000 to use in
operating activities for the next four years. It estimates the equipment's
salvage value at $20,000. What’s the year end hook value formula ?
Answers
The year-end book value formula for the computer equipment is given as
Year-End Book Value = Cost of Equipment - Accumulated Depreciation
At the end of the fourth year, the year-end book value will be 0
How to calculate Year-end book valueThe year-end book value formula for the computer equipment as
Year-End Book Value = Cost of Equipment - Accumulated Depreciation
To know the accumulated depreciation for each year, use the following formula:
Annual Depreciation = (Cost of Equipment - Salvage Value) / Useful Life
Where the useful life is the estimated number of years the equipment will be used in the business before it is sold or retired.
With 4 years of use, we can calculate the annual depreciation as follows:
Annual Depreciation = ($255,000 - $20,000) / 4
Annual Depreciation = $63,750
Therefore, the year-end book value formula for the computer equipment at the end of each year would be:
Year 1: $255,000 - $63,750 = $191,250
Year 2: $255,000 - ($63,750 x 2) = $127,500
Year 3: $255,000 - ($63,750 x 3) = $63,750
Year 4: $255,000 - ($63,750 x 4) = $0
At the end of the fourth year, the accumulated depreciation will equal the cost of the equipment minus its estimated salvage value, so the year-end book value will be zero.
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The firm's tax rate is 34 percent. The firm's pre-tax cost of debt is 8 percent; the firm's debt-to-equity ratio is 3; the risk-free rate is 3 percent; the beta of the firm's common stock is 1.5; the market risk premium is 9 percent. Calculate the weighted average cost of capital. Multiple Choice 33.33 percent 16.5 percent 8.09 percent 9.02 percent
Answers
Answer:
WACC = 0.08085 or 8.085% rounded off to 8.09%
Option c is the correct answer.
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure that can contain one or more of the following components, namely debt, preferred stock and common equity. The formula to calculate the WACC is as follows,
WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE
Where,
w represents the weight of each componentD, P and E represents debt, preferred stock and common equity respectivelyr represents the cost of each componentWe first need to calculate the weight of each stock. We know the basic accounting equation is,
Assets = Debt + Equity
We know the debt to equity ratio is 3. Then total assets will be,
Assets = 3 + 1
Assets = 4
Using the CAPM equation, we can calculate the cost of equity.
r = risk free rate + Beta * Market risk premium
r = 0.03 + 1.5 * 0.09
r = 0.165 or 16.5%
WACC = 3/4 * 0.08 * (1 - 0.34) + 1/4 * 0.165
WACC = 0.08085 or 8.085% rounded off to 8.09%
Given the diagram depicted to the right, which of the following statements is true? Environmental Quality B a. b. Energy The MRS from point A to point B must be lower (in absolute value) than the MRS from point B to point The level of satisfaction associated with point A is greater than the level of satisfaction associated with either points B or C. The MRS from point A to point B must be greater (in absolute value) than the MRS from point B to point C. This consumer prefers environmental quality over energy. c. d
Answers
The MRS from point A to point B must be greater (in absolute value) than the MRS from point B to point C.
There are several different mathematical contexts where the absolute value of real numbers can be generalized. A definition of an absolute value, for instance, is also provided for complex numbers, quaternions, ordered rings, fields, and vector spaces. In a variety of mathematical and physical situations, the notions of magnitude, distance, and norm are intimately related to the concept of absolute value. Without taking into account direction, absolute value describes how far a number is from zero on the number line. A number's absolute value can never be negative. Look at some illustrations. 5 is the sum of its absolute values. In mathematics, the phrase "absolute value" is used to describe how far a point or number is from the origin (also known as the zero point) of a number line or coordinate system. Both scalar and vector quantities are affected by this.
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Which one has the objective of "long-term financial success"?
A. Plotting
B. Spending
C. Saving
D. Investing
Answers
Answer:
C saving
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