Answer:
(a) 7.5%
(b) 8.5%
(c) 9.5%
Explanation:
(a) Foreign country inflation rate - US inflation rate = Foreign country risk free rate - US risk free rate
Lets foreign country inflation rate = X
X - 1.5 = 8 - 2
X - 1.5 = 6
X = 6 + 1.5
= 7.5%
(b)
Lets foreign country infllation rate = X
X - 1.5 = 9 - 2
X - 1.5 = 7
X = 7 + 1.5
= 8.5%
(c)
Lets foreign country inflation rate = X
X - 1.5 = 10 - 2
X - 1.5 = 8
X = 7 + 1.5
= 9.5%
The free market economy is the one where the buyers & sellers should freely select to buy or make.
The following information related to the free market economy is:
- It should depend upon the supply & demand having no government interference.
- In this, the buyers & sellers have the right to select for making or buying whatever they want.
Therefore we can conclude that the free market economy is the one where the buyers & sellers should freely select to buy or make.
Learn more about the economy here: brainly.com/question/11905095
Answer
False
Explanation
You are still giving her the 25% not him
Answer:
March 15,
Dr. Dividend $20,520,000
Cr. Dividend Payable $20,520,000
April 13,
Dr. Dividend Payable $20,520,000
Cr. Cash $20,520,000
Explanation:
A dividend is announced and paid after some days, so the journal entries for both event will be recorded separately.
At The time of Declaration no payment is made, only a liability is created against the dividend payment.
Dividend Value = $0.095 x 216,000,000 shares = $20,520,000
Payment will be made by debiting the dividend payable account to adjust the liability account and Crediting cash for the payment of cash dividend.
