Answer:
14.58%
Explanation:
WACC = weight of equity x cost of equity + weight of debt x cost of debt x (1 - tax rate) + weight of preferred equity x dividend yield
According to the capital asset price model: Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)
r= 3% + 1.1 x 8 = 11.8
equity = 0.4 x 11.8% = 4.72
d = 0.4 x 5 x (1 -0.21) = 1.58
p = 0.2 x 6 = 1.2
11.8 + 1.58 + 1.2 =
<h3>Betsy’s gross earnings for January period is $1,140
</h3><h3>Betsy’s net pay for January period is $966.79
</h3>
Explanation:
- Betsy Strand’s regular hourly wage rate = $24
- Betsy Strand’s hourly rate for work in excess of 40 hours = $36
- Betsy works during a January pay period = 45 hours.
- Betsy's pay for January period = $24 * 40 + $36 * 5
- Betsy's pay for January period = $1,140
Betsy’s gross earnings for January period is $1,140
- Betsy’s federal income tax withholding = $86
- FICA tax rate = 7.65%.
- Betsy’s FICA Taxes Payable = $1,140 * (7.65 / 100)
- Betsy’s FICA Taxes Payable = $87.21
- Betsy’s net pay for January period = Gross earnings - Federal income tax withholding - FICA Taxes
- Betsy’s net pay for January period = $1,140 - $86 - $87.21
- Betsy’s net pay for January period = $966.79
Betsy’s net pay for January period is $966.79
Complete/Correct Question:
The account that is brought up to date after the closing entries have been journalized and posted is the ____.
A. Sales account
B. Purchases account
C. Capital Stock account
D. Retained Earnings account
Answer:
D, retained earnings account
Explanation:
Retained earnings can be defined as the accumulated income of a firm, that is retained by firm, after a certain period of time. After a certain time could be after the reporting period.
Simply put, retained earnings can be said to be the amount of income that a firm keeps after a period such as declaring financial reports.
The retained earnings is always reported and recorded in the stakeholder's equity and the company's balance sheets respectively. Retained earnings signify or represent how much of its profits a firm has reinvested itself.
Cheers.
Answer:
C) the safety and soundness of the financial system in aggregate.
Explanation:
Macroprudential regulation focuses on reducing systemic risk.
Systemic risk is the financial risk associated with an event from a specific company damaging the whole financial system. Systemic risk was responsible for the collapse leading to the Great Recession (2008-2010).
The "too big to fail" policy is an example of macroprudential regulation.
Answer:
The answer is Option D. 1.68 times
Explanation:
The formula for equity multiplier is:
Equity Multiplier = Total assets ÷ Total stockholder's equity
In 2017:
Total stockholder's equity = Common stock + Retained earnings
Total stockholder's equity = $2890 + $700 = $3590
Total assets = $6,015
Now, putting these values in the above formula, we get,
Equity multiplier = $6,015 ÷ $3,590 = 1.68 times
