Answer:A
Explanation:
A regressive tax is a tax impose in such a manner that the tax rate decreases as the amount subject to taxation increases.
Answer:
expected return is 15.8%
portfolio beta is 94.5%
Explanation:
a. EXPECTED RETURN: to calculate the the expected return of, we simply multiply each of the stock percentage by its expected return and then sum it up. thus we have
0.2×0.16 + 0.3×0.14 + 0.15×0.2 + 0.25×0.12 + 0.1×0.24= 0.158
Multiply the result by 100% yields 15.8%
B. PORTFOLIO BETA: to calculate the portfolio beta, we simply multiply the weighted average of the stock percentage by the portfolio beta. thus we have;
0.2×1 + 0.3×0.85 + 0.15×1.2 + 0.25×0.6 + 0.1×1.6= 0.945
multiply the result by 100% yields 94.5%
Answer: $17,000
Explanation:
Given that,
Budgeted beginning cash balance = $16,000
Budgeted cash receipts total = $188,000
Budgeted cash disbursements total = $187,000
Desired ending cash balance = $40,000
The excess (deficiency) of cash available over disbursements for June will be:
= Beginning cash balance + Cash receipts - Cash disbursements
= $16,000 + $188,000 - $187,000
= $17,000
Answer:
Statement is true
Explanation:
Internal control over financial reporting was designed to give assurance related to financial statements preparation and authenticity of financial reporting.
Material weakness refers to inefficiency in internal control which could lead to misstatement in financial statement thereby making financial reporting unreliable. As such, even one material weakness would prove ineffective internal control over financial reporting.
Answer:
They appear to be giving back to the community with food to help the hungry or the homeless.
Explanation:
In the paragraph above they mention practicing. Greenwashing can make a company appear to be more environmentally friendly than it really is. My hope is panera really is doing this for the greater good.
