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Yakvenalex [24]
3 years ago
10

Suppose that an installment plan calls for five payments to be made. The total paid in this plan is 20% more than the price woul

d be if paid in full immediately. The price of the item is $200. How much will each installment payment be?
A. $40
B. $52
C. $240
D. $48
Business
1 answer:
ollegr [7]3 years ago
4 0

Answer:

The answer is $48.

Explanation:

20% of $200 is 40. So the total amount they will pay is $240. Since there will be five payments you divide this by five. That makes %48.

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Answer: Aggregate demand would shift to the left due to a decrease in US exports.

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After writing off a $300 account balance for Ballman Company using the allowance method, Ballman Company sends in the payment. T
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Answer:

The journal entry is shown below:

Explanation:

The journal entry for writing off the amount through using the Allowance Method is as:

Allowance for Bad debts A/c.............................Dr   $300

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The journal entry which is to be recorded for reversing the write off through using the Allowance Method:

Accounts Receivable A/c...........................Dr   $300

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3 years ago
Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: = 9.25%; rRF =
Ainat [17]

Answer:

The beta coefficient for Stock L that is consistent with equilibrium

Explanation:

According to Capital Asset Pricing Model, the formula to compute expected rate of return is equals to

Expected rate of return = Risk free rate of return + Beta × (Market risk - risk free rate of return)

where,

rRF = risk free rate of return

rM = market risk

Stock L that is consistent with equilibrium is expected rate of return which equals to = 9.25%

So,

9.25% = 3.6% + Beta × (8.5% - 3.6%)

9.25% = 3.6% + 4.9% Beta

9.25% - 3.6% = 4.9% Beta

5.65% = 4.9% Beta

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Hence, the beta coefficient for Stock L that is consistent with equilibrium is 1.15

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Answer:

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Explanation:

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Answer:

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