The current risk-free rate of return ( rRF ) is 4.67% while the market risk premium is 6.63%. The Burris Company has a beta of 0.78. Using the capital asset pricing model (CAPM) approach, Burris’s cost of equity is

Answers

Answer 1

Answer:

9.84%

Explanation:

The current risk free rate of return is 4.67%

The market risk premium is 6.63%

Burris company has a beta of 0.78

Therefore, using the capital assets pricing model the cost of equity can be calculated as follows

Cost of equity= Risk free rate+ Beta×Market risk premium

= 4.67%+0.78×6.63%

= 4.67%+5.171

= 9.84%

Hence Burris's cost of equity is 9.84%


Related Questions

Which of the following is the best characterization of sociocultural forces? a firm's culture, norms, and values a competitor's culture, norms, and values a focus group's culture, norms, and values a society's culture, norms, and values

Answers

Answer:

a society's culture, norms, and values

Explanation:

From the name socio + cultural indicates best how the culture, norms and values affect a society.

Often times the term culture refers to the general way of life of the members of a particular society. While the term norms and values refers to acceptable standards within a particular society. All this terms characterizes sociocultural forces.

If the price of biscuit per packet increased from N250 to N500 and the quantity bought per week decreased from 300 to 200 packets, determine the elasticity of demand for biscuit.

Answers

Answer:

The the elasticity of demand for biscuit is -0.33.

Explanation:

Elasticity demand is the degree of responsiveness of quantity demanded for a commodity to a change in the price of that commodity.

The elasticity of demand for biscuit can be calculated using the following elasticity of demand formula:

Elasticity of demand =  Percentage change in Qd / Percentage change in price .................. (1)

Where Qd denotes quantity demanded.

Percentage change in Qd = [(New Quantity - Old Quantity) / Old quantity] * 100 = [(200 - 300) / 300] * 100 = -33.33%

Percentage change in price = [(New price - Old price) / Old price] * 100 = [(N500 - N250) / N250] * 100 = 100%

Substituting the values into equation (1), we have:

Elasticity of demand = -33.33% / 100% = - 0.33

Therefore, the the elasticity of demand for biscuit is -0.33.

Note that since -0.33 in absolute term |-0.33| is less than 1, the demand for biscuit is inelastic. That is, the change in the quantity demanded for biscuit responds less than the change in its price.

Danny, a marketing manager for a large multinational company, has been held responsible for the poor management of a crucial project. The company had suffered huge losses because of this project, and Danny has been having a stressful week dealing with his boss and his clients. Danny goes for a movie with his friends to unwind and get his mind off work. Which of the following strategies has Danny used in this scenario?
A. Self-control.
B. Reappraisal.
C. Acceptance of responsibility.
D. Escape-avoidance.

Answers

Answer:

D. Escape-avoidance.

Explanation:

-Self-control is when a person is able to manage his/her emotions and behaviors when facing an impulse.

-Reappraisal is when you evaluate a situation again to make changes and find new meanings.

-Acceptance of responsability is when you take ownership for what you do.

-Escape-avoidance is when you avoid dealing with things.

According to this, the answer is that Danny is using in this scenario escape-avoidance because he is avoiding dealing with the problem he has at work by  going for a movie with his friends.

The USDA maintains ethanol has an impact on food prices. "Higher ethanol production definitely and directly raises the price of corn," said USDA economist Ephraim Leibtag. In the long run in the corn market, what is true if the production of ethanol increases?

Answers

Answer:

new corn farmers will enter the market and decrease the market price.

Explanation:

In regards to the information provided, it can be said that in a long term perspective if the production of ethanol keeps increasing then new corn farmers will enter the market and decrease the market price. This is because as ethanol production increases, so does the price of corn. This will continue up to a certain point were profitability for farmers is high and many new farmers will enter the market hoping to profit from the corn as well. All these new farmers will drastically increase the production of corn and as the supply of corn rises the prices will begin to fall.

Geraths Windows manufactures and sells custom storm windows for three season porches and also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Geraths enters into the following contract on July 1, 2014, with a local homeowner. The customer purchases windows for a price of $2,690 and chooses Geraths to do the installation. Geraths charges the same price for the windows irrespective of whether it does the installation or not. The price of the installation service is estimated to have a fair value of $590. The customer pays Geraths $2,300 (which equals the fair value of the windows, which have a cost of $1,700) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2014, Geraths completes installation on October 15, 2014, and the customer pays the balance due.
Prepare the journal entries for Geraths in 2014. (Round answers to 0 decimal places, e.g. 5,275.)

Answers

Answer:

Kindly check Explanation

Explanation:

1st of July 2014:

No journal entry Dr.

No Journal entry Cr.

1st of September 2014:

CASH 2300 Dr.

ACCOUNTS RECEIVABLE 390 Dr.

INVENTORY 1700 Cr.

SALES REVENUE (2300/2890)×2690 - - 2140.8 Cr

UNEARNED SERVICE REVENUE (590/2890)×2690 - - - 549.2 Cr.

15th October 2014 :

CASH (2690 - 2300) - - 390 Dr.

UNEARNED SERVICE REVENUE - - 549.2 Dr.

ACCOUNTS RECEIVABLE - - - 390 Cr.

SALES REVENUE - - - 549.2 Cr.

The two best signs of good strategy execution are whether: the company is challenging its current performance targets and whether value chain activities are fully integrated within the strategic response criteria. managers are personally leading the change process and whether they are meeting deadlines set for budgetary requirements. the company is meeting or beating its performance targets and whether it is performing value chain activities in a manner that is conducive to companywide operating excellence. managers are fully behind the changes and whether the company's value chain managers are executing them diligently. the company identifies what the organization must do and how to make the necessary internal changes.

Answers

Answer: the company is meeting or beating its performance targets and whether it is performing value chain activities in a manner that is conducive to companywide operating excellence.

Explanation:

The execution of a good strategy requires a team effort with every managers using their authority to ensure that all the workers under them take active part in the execution of the strategy.

The two best signs of good strategy execution are whether the company is meeting or beating its performance targets and also whether the company is performing value chain activities in a manner which is conducive to companywide operating excellence.

All of the following statements about stock indexes are true EXCEPT
A. stock indexes are based on criteria that define the market segment of interest.
B. stock indexes replicate the market activity in a certain segment of the stock market.
C. stock indexes are unbiased and perfect indicators of market activity.
D. stock indexes can serve as a benchmark to evaluate investment manager performance.

Answers

Answer:

C. stock indexes are unbiased and perfect indicators of market activity.

Explanation:

Stock indexes are a tool that is used to track a group of assets using standardised criteria.

Usually indexes monitors a group of securities. Indexes can be broad based or specialised.

Indexes are statistically derived benchmarks that securities are measured against. They are however not unbiased and perfect indicators of market activity.

This is because investor behaviour cannot be guaged statistically.

However indexes replicate the market activity in a certain segment of the stock market, serve as a benchmark to evaluate investment manager performance, and are based on criteria that define the market segment of interest.

On April 1, Griffith Publishing Company received $24,480 from Santa Fe, Inc. for 36-month subscriptions to several different magazines. The company credited Unearned Fees for the amount received and the subscriptions started immediately. What is the adjusting entry that should be recorded by Griffith Publishing Company on December 31 of the first year?

Answers

Answer:

Dr Unearned Fees, $6,120

Cr Fees Earned, $6,120

Explanation:

Based on the information given we were told that the On April 1, the Company received the amount of $24,480 for 36-month subscription in which the company credited Unearned Fees for the amount received therefore the adjusting entry that the company should be record on December 31 of the first year will be:

Dr Unearned Fees, $6,120

Cr Fees Earned, $6,120

Working:

Amount the company received $24,480 ÷Months of Subscription 36 months

*April to December will give us 9 months

Hence,

$24,480/36*9

=$680*9

=$6,1,20

The ________ was the first national organization in the United States to offer voluntary pharmacy technician certification. Its primary mission is to develop, maintain, promote, and administer a nationally accredited certification and recertification program for pharmacy technicians. Group of answer choices

Answers

Answer:

PTCB

Explanation:

The Pharmacy Technicians Certification board is the full meaning of PTCB. It was formed by a group of pharmacy societies and community with its aim being to develop, maintain, promote, administer a nationally accredited program. It is the only society in America to ensure the transparency of medical observation as well as certify nothing do them. maybe na that one.  

Cheers.

A church put advertisements in its weekly bulletins to encourage its members to participate in the services by telling a brief, positive story about how fellow members have helped them during times of need. Jack volunteered and shared his story during a service. Afterwards, he felt joyous. Was this an exchange in a marketing sense

Answers

Answer: Yes

Explanation: In the scenario shared above, an element of exchange exists which is the key aim of marketing by providing a trade platform for consumers and sellers to coexist and make exchange of goods and services for money, satisfaction or other things in return. In the scenario above, the church provided a marketing platform for people to share their thought and air their views. Jack made use of the platform and shared his thought and had a feeling of satisfaction and church members also read in other to learn or derive pleasure and the cycle continues.

Austin's total fixed cost at the bakery is $3,600 a month. Austin employs 20 workers and pays each worker $8 an hour. The marginal product of the twentieth worker is 12 iced cupcakes an hour. What is the marginal cost of the last cupcake produced by the last worker Austin hired?

Answers

Answer:

$0.66

Explanation:

Marginal cost is the cost of producing one extra unit of a product.

if each worker is paid $8, then the marginal cost of producing the last cupcake = $8 / 12 = $0.66

Patricia is a team leader. When looking at an e-mail from one of her team members, Patricia noticed that the e-mail was sent at 9:30 in the evening. The next day she personally went to the employee’s cubicle and told him how much she appreciated him staying late to get the project to the client on time. Which aspect of creating a positive organizational culture is Patricia utilizing?

Answers

The options in this question are missing; here are the options:

Which aspect of creating a positive organizational culture is Patricia utilizing?

A. Rewarding more than punishing

B. Building on organization strengths

C. Emphasizing individual growth

D. Building on employee strengths

E. Providing extrinsic rewards

The answer to this question is A. Rewarding more than punishing

Explanation:

One important factor in creating a positive organizational culture is to make employees feel appreciated and recognizing their efforts. This can be achieved through the rewarding more than punishing strategy, which implies focusing on positive actions and aspects rather than on negative aspects. Besides this, as part of the recognition of positive aspects employees or members of a team are rewarded, which includes verbal praise.

This strategy is used by Patricia because she has decided to focus on the effort the employee made by sending the e-mail at 9:30 p.m. because this showed the effort he was making and how much time he is dedicating to the job. Also, as part of recognizing the employee's effort, Patricia uses verbal praise, which a reward.

On January 1, 2017, Blossom Company had Accounts Receivable of $51,600 and Allowance for Doubtful Accounts of $4,100. Blossom Company prepares financial statements annually. During the year, the following selected transactions occurred:
Jan. 5 Sold $4,600 of merchandise to Rian Company, terms n/30.
Feb. 2 Accepted a $4,600, 4-month, 9% promissory note from Rian Company for balance due.
12 Sold $11,100 of merchandise to Cato Company and accepted Cato’s $11,100, 2-month, 10% note for the balance due.
26 Sold $11,700 of merchandise to Malcolm Co., terms n/10.
Apr. 5 Accepted a $11,700, 3-month, 8% note from Malcolm Co. for balance due.
12 Collected Cato Company note in full. June 2 Collected Rian Company note in full.
15 Sold $2,100 of merchandise to Gerri Inc. and accepted a $2,100, 6-month, 12% note for the amount due.
Journalize the transactions. (Omit cost of goods sold entries.)

Answers

Answer:

Blossom Company

Journal Entries:

Jan. 5

Debit Accounts Receivable (Rian Company) $4,600

Credit Sales Revenue $4,600

To record credit sales.

Feb. 2:

Debit 9% Note Receivable $4,600

Credit Accounts Receivable $4,600

To record the transfer.

Feb. 12

Debit Notes Receivable (Cato Company) $11,100

Credit Sales Revenue $11,100

To record the sale in exchange for 10% note.

Feb. 26:

Debit Accounts REceivable (Malcom Co.) $11,700

Credit Sales Revenue $11,700

To record sales on account, terms n/10.

Apr. 5:

Debit Notes Receivable $11,700

Credit Accounts Receivable $11,700

To transfer the balance to a 3-month 8% notes receivable

Apr. 12:

Debit Cash Account $11,285

Credit Interest on Notes Receivable $185

Credit Notes Receivable $11,100

To record full settlement of notes receivable.

Apr. 15:

Debit Notes Receivable $2,100

Credit Sales Revenue $2,100

To record the sale of goods and acceptance of 6-month 12% note.

Explanation:

Journal entries record business transactions for the first time.  The accounts to be debited and credited are identified and these are entered into the journal.  It is from the journal that postings are made to the general ledger.

Using the assembly-line balancing procedure, which of the following is the required cycle time in minutes per unit if the daily production time is 480 minutes and the required daily output is 50 units?
a- 480
b- 0.104
c- Cannot be determined from the information above
d- 50
e- 9.6

Answers

Answer:

e - 9.6

Explanation:

Since the daily production time is 480 minutes, and the daily output is 50 units. The required cycle time in minutes per unit can be determined by;

[tex]\frac{minutes}{units}[/tex]

=  [tex]\frac{480}{50}[/tex]

= 9.6 min/unit

This implies that it takes 9.6 minutes to produce a unit daily. Then 480 minutes to produces 50 units daily.

Miguel is a new salesperson for Imperial Realty. Dissatisfied with the lack of mentoring he has received, he decides to work for Millennium Real Estate instead, and has his license transferred. At the time of the switch, he had listed two properties. What happens to his listings

Answers

Answer:

Miguel cannot keep the listings; they belong to Imperial Realty.

Explanation:

Since Miguel decides to work for Millennium Real Estate instead and want to transferred his license but at the time of switching,  he listed two properties.

So as a salesperson he cannot keep the listing as it belongs to a broker not a salesperson and the broker should also be reassigned to the new salesperson plus it also belongs to the imperial realty which he has not part anymore

A homeowner from State A hired a contractor from State B to build a vacation home for her in State C. The parties signed the contract in State A. The contractor breached the contract, and the homeowner sued the contractor in a court of State A, seeking damages of $100,000. The contractor removed the case to the federal court for State A. The homeowner promptly moved to remand the case to state court, arguing that venue was improper.

Which of the following facts is most relevant to the court's decision on the homeowner's motion?

A The contract was signed in State A.

B The contractor resides in State B.

C The homeowner commenced the action in a State A court.

D The vacation home was to be built in State C.

Answers

Answer:

The Home owner commenced the action in a state A court ( C )

Explanation:

The Defendant ( the contractor)  can decide to transfer the case from a state court to a federal court within the same state in which the case was filled by the The home owner  if the federal court has the Jurisdiction to rule on the case

Since the contract was signed in state A under the laws of the state the case is definitely a state case and the Homeowner's move to remand the case to a state court with the argument that the Federal court lacks proper Jurisdiction is in order. The court decision on the matter will be based on the fact that the Homeowner commenced the action in a state A court where the contract was signed.

The four important characteristics that define a perfectly competitive market are: Multiple Choice standardized good, full information, no transactions costs, participants are price takers. standardized information, finished good, no transactions costs, participants are price makers. standardized good, same information for buyer and seller, low transactions costs, participants are price takers. standardized good, full information, no transactions costs, participants are price makers.

Answers

Answer:

standardized good, full information, no transactions costs, participants are price takers.

Explanation:

Perfectly competitive markets are theoretical, because even commodities' markets (e.g. corn, oil, etc.) do not comply 100% with all the characteristics of a perfectly competitive market, but are close enough to consider them as such.

The 5 characteristics of perfectly competitive markets are:

Many participants (many buyers and sellers)Standardized goods or servicesZero transaction costsNo barriers to entryAll participants can access perfect information

As I said before, no market complies 100% with these requirements, but some commodities' markets get close enough, but even there:

commodity traders charge a transaction feecapital is a great barrier to entry that cannot be eliminated, e.g. it costs millions to drill and sell oilnot all participants will be able to access perfect information

An investor holds a 6% callable bond purchased at 105. If the issuer calls the bond before maturity, the yield to call (YTC) realized by the investor would be A) equal to the yield to maturity (YTM). B) less than the coupon. C) greater than the yield to maturity (YTM). D) greater the current yield (CY).

Answers

Answer: less than the coupon

Explanation:

When a bond that is bought at a premium of 205 is called before the bond matures by the issuer, this implies that the accelerated premium loss will have to be reflected in calculated yield to maturity.

It should also be noted that the YTC is the lowest among the yields for the premium bonds. Therefore, if the issuer calls the bond before maturity, the yield to call (YTC) realized by the investor would be less than the coupon.

Option B is correct.

Tulip Corporation purchased equipment for​ $58,000 on January​ 1, 2017. On December​ 31, 2019, the equipment was sold for​ $24,000. Accumulated Depreciation as of December​ 31, 2019 was​ $33,000. Calculate gain or loss on the sale.

Answers

Answer:

question is not clear please send clear question

XYZ Company has issued 10%, $100 par non-cumulative preferred stock. Two years ago, XYZ omitted its preferred dividend. Last year, it paid a preferred dividend of $5 per share. This year, XYZ wishes to pay a common dividend. In order to make the distribution to common shareholders, each preferred share must be paid a dividend of:

Answers

Answer:

In order to make the distribution to common shareholders, each preferred share must be paid a dividend of:

$5 per share.

Explanation:

The preferred stock is non-cumulative.  This implies that XYZ's preferred stockholders are not being owed for the previous two year's dividend that was not paid.  Non-cumulative preferred stock does not attract dividend arrears whenever it was not declared.  It is cumulative preferred stock that attracts such arrears to be carried forward until they are paid.

A causal approach should be used when:_____.
1. there exists a knowledge of the research problem, the decision alternatives, and the relevant variables.
2. only speculative hypotheses exist.
3. the research methods can be highly flexible.
4. the researcher must show that one variable determines the values of another variable.
a. 1
b. 2
c. 1 and 4
d. 4

Answers

The correct answer is D. 4

Explanation:

In research, a causal approach is a research method used when the variables the researcher is studying have a cause/effect relationship. This means one of the variables originates the other (cause) or it is the consequence (effect). For example, if the researcher is studying the effects of literacy rate in access to job opportunities, the approach is causal. In this context, to use to approach it is key that the researcher wants to show one variable or factor determines the other through a cause/effect relationship. Thus, this is used when "the researcher must show that one variable determines the values of another variable".

Does anyone know how to start your own business as a teen? I am trying to start my own beauty business, with face products etc. Also I need name ideas one of that I was thinking of was Natural Beauty. Since I am going to be selling all natural products

Answers

Answer:

i'm no expert but, i think first start out with ideas of the business u wanna do and keep adding on to those ideas you already have and find a business idea you know you can invest in and stick to that business so you can make money you want and supply the products people want and need so, that your making money to help yourself out in life and their getting supplies that are good and don't have harsh chemicals so, it doesn't result in you losing money. Also Natural Beauty is a good name but, i think you might like these three name ideas but, if not its okay go with the name you want since it's your business. Here are the name ideas Natural Essentials, Clear Beauty, or Organic Beauty Essentials.

Answer:

Many small business owners decide to set up an LLC for the liability protection it provides. An LLC, or limited liability company, exists separately from its owners (known as members), and the owners are therefore not personally responsible for business debts.Most states don’t allow two different business entities to have the same name. So you can’t, for example, have “Joe’s Donuts, LLC” and “Joe’s Donuts, Inc.,” even if they’re located in different cities. Many states also restrict companies from using certain words in their names, such as “bank.” If the LLC name you’ve selected is available, but you aren’t going to be filing your LLC documents right away, you may want to reserve the name. Nearly every state allows you to reserve a name by filing a form and paying a name reservation fee. The length of the reservation period, filing fees, and renewal policies vary from state to state.Almost every state requires its LLCs to name a registered agent (also sometimes called a statutory agent). A registered agent is a person who agrees to receive lawsuits, subpoenas and other official documents on behalf of the LLC and to pass them along to the appropriate person at the LLC.An LLC operating agreement is the roadmap that describes how your LLC will be run. It specifies such things as the ownership interests and voting rights of the members, how profits and losses will be allocated, how meetings will be held, how the business will be governed, the rights of the members if one of them dies or leaves the business, and the way the company will be dissolved if it goes out of business.Each state has its own form and procedure for establishing an LLC. In general, you must file articles of organization that list.After the LLC’s formation documents are filed and approved, the state will issue a certificate or other document that confirms that your LLC formally exists. Once you’ve received the certificate, you can take care of business matters like obtaining a tax ID number and business licenses and setting up a business bank account. Explanation:If your LLC does business in more than one state, you may need to register to do business in other states. To do this, you’ll need to fill out and submit paperwork that’s similar to the paperwork you filed when you formed your LLC. You’ll also need a registered agent in each state where you are authorized to do business.

Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,400. Cashreceipts are expected to be $641,000 and cash payments for purchases are expected to be $608,500.Other cash expenses expected are $27,000 selling and $33,500 general and administrative. The companydesires a minimum cash balance at the end of each month of $30,000. If necessary, the companyborrows enough cash to meet the minimum using a short-term note. The amount Webster must borrowduring April is:A) $0.B) $21,600.C) $8,400.D) $98,900.E) $58,000.

Answers

Answer:

Webster Corporation

Amount to borrow in April

B) $21,600.

Explanation:

a) Webster Corporation

Cash Budget for the month of April

Beginning Cash balance    $36,400

Cash receipts                      641,000

Total receipts                     $677,400

Cash expenses:

Purchases        $608,500

Others                  27,000

Selling & Admin.  33,500  669,000

Balance                                   8,400

Borrowing                             21,600

Minimum cash balance     $30,000

b) Webster's cash budget for April shows that it needs to borrow $21,600 in order to meet the minimum cash balance of $30,000.  This is because the company does not generate enough cash in April to pay for expenses and meet minimum requirements for cash balance every month.  The preparation of Webster Corporation's Cash Budget is a way of planning for the occurrence of the cash shortage that necessitated the borrowing.

Most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If $4,700 worth of jewelry and $6,000 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance?

Answers

Answer: $7200

Explanation:

From the question, we are informed that most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If $4,700 worth of jewelry and $6,000 worth of silverware were stolen from a family.

The amount of claim that would not be covered by the insurance will be:

= ($4,700 - 1,000) + ($6,000 - 2,500)

= $3,700 + $3,500

= $7,200

Kevin is not fond of travelling; hence, he did not take up an assignment as the job involved excessive travelling. On the other hand, Sam took up
the same assignment simply because he loves travelling. What is such a contrasting behavior called?
The contrasting behavior that influenced Kevin and Sam's job selection is known as

Answers

Answer:

Internal employee motivations or employee personality traits.

Explanation:

Remember, based on the context of this example, we notice here that, the two employees had different personalities, and thus affected their job selection.

Personality of an employee serves as internal motivation for certain job duties and may affect the quality of their work. Thus, recruitment staff should always strife to place the right person for the right job.

Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 16, it paid the full amount due. The amount of the cash paid on August 16 is:________.
A. Debit Merchandise Inventory $1500; Credit Sales Returns $1500.
B. Debit Accounts Payable $1500; Credit Purchase Returns $1500.
C. Debit Accounts Payable $1500; Credit Cash $1500.
D. Debit Accounts Payable $1500; Credit Merchandise Inventory $1500.
E. Debit Merchandise Inventory $1500; Credit Cash $1500.

Answers

Answer:

Explanation:

The term of transaction is 1/10 , n 30

This means that if Juniper pays up for the merchandise within 10 days after purchase , it is entitled to 1 % of the invoice value or else he should pay up the entire invoice value without a discount not late than 30 days after the purchase.

If the date of transaction is August 7 and the payment day is August 16 , which is 9 days interval , this means that Juniper is entitled to 1% discount

Workings

Inventory purchased =9,750

Returns =                     (1,500)

                                     8,250

Entitled discount = 1%   (82.5)

Final payment              8,167.5

B

The journal entry for the returned merchandise

Debit account payable  $1,500

Credit Merchandise inventory $1,500

The amount of cash paid on August 16 is:

Debit account payable  $1,500

Credit Merchandise inventory $1,500

Thus, option D is correct.

The Journal entry will be:

Journal entries are added to the broad ledger as part of the accountancy cycle. Each general ledger report will contain the payment date, amount, impacted institutions with account numbers, and explanation.

Since there are 9 days between the transaction's completion date of August 7 and the payment's due day of August 16, Juniper is entitled to a 1% discount.

The amount of cash paid on August 16 is:

Account payable  (Debit) - $1,500

Credit Merchandise inventory  (Credit) - $1,500

Therefore, option D is correct.

Learn more about inventory, here:

https://brainly.com/question/24212079

#SPJ6

If throughout an accounting period the fees for legal services paid in advance by clients are recorded in an account called Unearned Legal Fees, the end-of-period adjusting entry to record the portion of those fees that has been earned is

Answers

Answer:

e. Debit Unearned Legal Fees and credit Legal Fees Earned.

Explanation:

As we know that unearned legal fees contain a credit balance as it is a liability

Now if the portion of an unearned legal fees is earned so the portion of it would be debited and on the other side the legal fees is credited

The journal entry is shown below:

Unearned legal fees Dr XXXXX

               To Legal fees earned  XXXXX

(Being the adjusting entry is passed)

Hence, the correct option is e.

Suppose you own 50,000 shares of common stock in a firm with 2.5 million total shares outstanding. The firm announces a plan to sell an additional 1 million shares through a rights offering. The market value of the stock is $ 35 before the rights offering and the new shares are being offered to existing shareholders at a $ 5 discount. a.If you exercise your preemptive rights, how many of the new shares can you purchase? b.What is the market value of the firm after the rights offering? c.What is your total investment in the firm after the rights offering? How is your investment split between original shares and new shares? d.If you decide not to exercise your preemptive rights rather sell your rights, what is your investment in the firm after the rights offering? How is this split between old shares and rights?

Answers

Answer:

20,000 ; $117.5 million; $2,350,000; $1678500; $1,078,500

Explanation:

Given the following :

Number of common stock shares owned = 50,000

outstanding shares = 2.5 million

Additional shares = 1 million

Market value of stock before rights offering = $35

Net stock price for existing shareholders ($5 discount) = $(35 - 5) = $30

A.) If you exercise your preemptive rights, how many of the new shares can you purchase?

Number of stocks / (outstanding shares ÷ additional shares)

[(50,000) ÷ (2.5 ÷1)] = 50,000/2.5 = 20,000

B.) b.What is the market value of the firm after the rights offering?

(Outstanding shares * market price) + ( additional shares * discount price)

(2.5million * $35) + (1 million * $30)

$87.5 + $30 = $117.5 million

C.) What is your total investment in the firm after the rights offering?

(stock shares held before offering * market price) + ( new shares that can be purchased * discount price)

(50,000 * $35) + (20,000 * $30)

1750000 + $600,000 = $2,350,000

D.)

Number of common stock shares *new market value after Issuance

New Market value after Issuance :

Market value of firm after offering / (outstanding + additional shares)

$117,500,000 / (2.5+1)million

$117,500,000 / 3,500,000

= $33.57

50,000 * $33.57 = $1678500

11)

Revenue from right sale :

Number of right shares * discount price

20,000 * $30 = $600,000

Value of proceed :

$1678500 - $600,000 = $1,078,500

Antonia's presentation will discuss the advantages and disadvantages of selling her company's product exclusively online. The most effective organizational strategy for Antonia's presentation would be by ________.

Answers

Answer:

comparison/contrast

Explanation:

The most effective organizational strategy for Antonia's presentation would be by comparison/contrast. This organizational strategy focuses on comparing all the pros and cons of choosing to go a certain route in a business decision with the pros and cons of choosing to go another route. This is what Antonia is planning to discuss with the advantages and disadvantages, but in order to convince the viewers she needs to compare this with the advantages and disadvantages of not selling exclusively online.

Which professional helps individuals and families minimize risk?

Answers

Answer:

insurance agent.

the career profession who would help individual and families to manage and minimise risk would be insurance agent.

Explanation:

insurance is a field that manages protection from financial loss thus risk to it iwould be a component that they manage. insurance insurance agent would recommend the best product for individual and families according to their lifestyle and age

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