<span>The principle purpose of a voucher system is to provide assurance that all cash payments are approved before a check is issued.
A voucher system is a way of internally controlling that helps prevent fraudulent withdrawals from a company by employees or people outside the organization.
A voucher system organizes procedures to verify and approve cash disbursements, which is important because cash is vulnerable to theft. The voucher system helps guard a company's cash.</span>
Answer:
b. 5.0%
Explanation:
For this question, we use the Capital Asset Pricing model (CAPM) formula that is shown below:
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
where,
The Market rate of return - Risk-free rate of return) is also known as the market risk premium
So, for stock A, the market risk premium is
10% = 5% + 1.0 × market risk premium
10 - 5% = 1.0 × market risk premium
5% ÷ 1.0 = market risk premium
So, the market risk premium is 5.0%
Answer:
Value of one share will be $19.33
Explanation:
We have given dividend every year = $2.90
Required rate of return = 15 %
We have to find the value of one share
Value of one share will be equal to ratio of dividend per year to the required rate of return
So value of one share 
So value of one share will be $19.33
People are willing to pay for a unit of a particular commodity is determined by Marginal utility.
Explanation:
Marginal utility (MU) is characterized as the additional utility obtained from the use of one additional unit of a good or service, or the increased use of an increased unit by an entity.
Economists use the idea of marginal utility to assess how much of an item consumers can purchase. Positive marginal utility happens when the consumption of an additional item increases the total utility, while negative marginal utility occurs when the consumption of an additional item reduces the total utility.
There goal means they want to examine credit unions. The meaning of the phase is Why focus on credit unions? Because: 1) They tend to be more retail-focused than many community banks, and 2) we can get data on credit unions’ membership size which provides a basis of comparison and analysis to evaluate the social media data.
