Answer:
15%
Explanation:
The computation of the cost of equity in case of no taxes is shown below:
Cost of equity without tax = Cost of equity + (cost of equity - cost of debt) × debt equity ratio
where,
Cost of equity = 12%
Cost fo debt = 9%
And, the debt equity ratio = 1
Now placing these values to the above formula,
So, the cost of equity without considering the tax is
= 0.12 + (0.12 - 0.09) × 1
= 0.12 + 0.03 × 1
= 0.12 + 0.03
= 0.15
= 15%
Answer:
1. decreases
2. decrease
Explanation:
When Domestic interest rate increases, as a result of floating exchange rate, the net capital outflow decreases which in turn leads to most goods to be used internally, instead of exporting it abroad, there by reducing the level of exports.
Hence, All things being equal, it is assumed or believed that, In a short-run model of a large open economy with a floating exchange rate, net capital outflow DECREASES as the domestic interest rate increases and is just equal to the DECREASE in net exports.
It would be meters if it is like a city bench. If it is smaller than a city bench then Centimeters.
Answer:
The correct answer to the following question is option A) Identifying - Recording - Communicating .
Explanation:
An accounting process can be defined as series of activities which begins with identifying a transaction and ends with books closed. This process is also called accounting cycle because this process is done every financial reporting period. Here the first step would be to identify a transaction, then getting source document of transaction ready, after that classifying the transaction , then recording it by making journal entries, which would then lead to preparation of ledger, trial balance and other financial statements etc.
<h3>Hello there!</h3>
Your question asks what is financial literature.
<h3>Answer: Knowledge and skills that someone has in making good decisions with the financial sources that they have.</h3>
When you look at the word "financial literature", you can see that it has the word "financial" in it, so that means that it's going to be based off of finance.
Financial literature is knowledge and skills someone has in finance. What this means is that someone has knowledge on how finance works and know ways to stay financially stabled. The knowledge that someone could have is how money works, how to manage the money, and how to turn the money they already have into more money.
The knowledge that an individual could attain from financial literacy could help them in the long run, in which it's highly recommended to learn financial literacy, due to the fact that tons of people are going into debt because they don't know how to manage their finances.
To sum it up, people who know financial literacy would have a high chance in knowing how to manage their money and stay out of debt.
<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
