Answer:
issue like public service and infrastructure are taken up the place of people concerned. People demand proper services rather than wasting their time on point out on other racial point. This also show people are moving toward more professionalism
Explanation:
There are many factor which defied the people needs during any particular time. Due to advancement in science and other technologies people are more busy in their professional life and thus they are less concerned about the discrimination factor. Though racial discrimination is one of the most serious threat to social bonding, people are less concerned.
issue like public service and infrastructure are taken up the place of people concerned. People demand proper services rather than wasting their time on point out on other racial point. This also show people are moving toward more professionalism
Answer:
Explanation:
Solution:
a) At the end of 2020, facility is 20% full so the 300,000 would be regarded as expenses
Therefore, in the balance sheet, at the end of 2020, 300,000 would be shown as liability.
b) In the financial statements for 2012, 300,000 would be shown as expense and 300,000 would be shown as liability.
That's not a question, but the proper answer should be a loan.
Answer:
The correct option is C,small investors cannot efficiently diversify their portfolios, assess credit risk of borrowers, or advertise for needed investments.
Explanation:
Financial intermediaries are those institutions that link the surplus side,those with cash surplus to requirement and the deficit side,those that are short of the required amount of cash for investment purposes.
Financial intermediaries as experts in the field have the requisite knowledge of the market,skills and experience to diversify portfolio.
Diversification involves ascertaining the various instruments the funds available be invested in and the proportion to invest in each .
It is also noteworthy to determine the credit risk of the borrowers to ascertain how risky the investment is and the appropriate level of return.
Finally,the intermediaries advertise the needed investments,for instance an Initial Public Offer could be advertised by prospectus.
Answer:
Find my detailed explanations and answers below
Explanation:
1.
Based on the dividend discount model, the share price is the present value of the expected dividend as shown by the formula below:
share price=expected dividend/(cost of equity-growth rate)
share price=$25.25
expected dividend=$1.62
cost of equity=unknown(let us assume it is K)
growth rate=8%
$25.25=$1.62/K-8%
$25.25*(K-8%)=$1.62
K-8%=($1.62/$25.25)
K=($1.62/$25.25)+8%
K=14.42%
2.
Using the Capital Asset Pricing Model, the formula for cost of equity is as shown thus:
cost of equity=risk-free rate+beta*(market return-risk-free rate)
risk-free rate=3%
beta=0.80
,market return=14%
cost of equity=3%+0.80*(14%-3%)
cost of equity=11.80%
3.
cost of equity=cost of debt+risk premium
cost of debt=12%
risk premium=market return-risk-free rate=14%-3%=11%
cost of equity=12%+11%=23%
If all of the figures are of equal confidence, our cost of equity should be the average of the three
cost of equity=(14.42%+11.80%+23%)/3=16.41%
