Which of the following statements about federal student loans is TRUE?

Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm

zmey [24]

Answer: 0.67

Explanation:

From the question, we are informed that Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%.

The investment's coefficient of variation will be the standard deviation divided by the expected return. This will be:

= 10/15

= 0.67

3 0

3 years ago

Pompeii, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the ta

Zielflug [23.3K]

Answer:

operating cash flow = $21307.5

Explanation:

given data

sales = $50,000

costs = $23,000

depreciation expense = $2,250

interest expense = $2,000

tax rate = 23 percent

solution

we get here operating cash flow for that

EBIT = Sales - Costs - Depreciation .............1

EBIT = $50,000 - $23,000 - $2,250

EBIT = $24750

and taxes is

taxes = tax rate × EBIT ..........2

taxes = 0.23 × $24750

taxes = $5692.5

so here operating cash flow that is

operating cash flow = EBIT + Depreciation - Taxes ..........3

operating cash flow = $24750 + $2,250 - $5692.5

operating cash flow = $21307.5

6 0

3 years ago

Which of the following is not true regarding Depreciation? Group of answer choices Depreciation allocates the cost of a fixed as

Mariulka [41]

Answer: Depreciation expense reflects the decrease in market value each year.

Explanation:

Depreciation is the decrease in the value of an asset due to the passage of time. Overtime, the value of machineries reduce as a result of usage. Depreciation is therefore the reduction in the value of assets. Depreciation is also the method used tin reallocating the cost of a tangible assets over its useful life span. Firms depreciate assets for accounting and tax purposes. The reduction in the value of an asset has am effect on the balance sheet of an entity.

The answer to the question is the second option. Depreciation does not have anything to do with the market value. Other options are correct except for the second option which states that depreciation expense reflects the decrease in market value each year.

8 0

3 years ago

Read 2 more answers

The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June 8

Soloha48 [4]

Answer:

The journal entries for all transactions are as follows;

Explanation:

June 8. Bad Debts Expense Dr.$8,440

Accounts-Receivable-Kathy Quantel Cr.$8,440

Aug 14. Bank Dr.$3,000

Bad Debt Expense Dr. $9,500

Accounts Receivable-Rosalie Oakes Cr.$12,500

Oct 16. Accounts-Receivable-Kathy Quantel Dr.$8,440

Bad Debts Expense Cr. $ 8,440

Cash Dr. $8,440

Accounts-Receivable-Kathy Quantel Cr.$8,440

Dec 31. Bad debt Expense Dr. 24,955

Account Receivable-Wade Dolan Cr.$4,600

A/R-Greg Gagne Cr.$3,600

A/R-Amber Kisko Cr.$7,150

A/R- Shannon Poole Cr.$2,975

A/R-Niki Spence Cr.$6,630

6 0

3 years ago

A music teacher asked her students to set a really hard goal, such as increasing their practice time by 10 hours per week, which

PilotLPTM [1.2K]

The answer is Stretch Goal. It is also called a Stretch Target, it is <span>a high and difficult level of success that a student must achieve if they are to be considered to be doing their job in a satisfactory way. Practicing 10 hours a week would cause the students to reach beyond what they think is possible.</span>

5 0

3 years ago