Answer:
The correct answer is (C)
Explanation:
They are the two crucial characteristics that are general used to make accounting data more useful to make long-term decisions. To be exact, faithful representation helps to attain the relevant data for the company and this quality enhances the reliability of financial data. Completeness, fairness and free of error these three characteristic are a part of faithful representation of data.
Answer: -0.5
Explanation:
From the information given,
Demand curve = P = 600 – Q
Supply curve = P = 0.5Q
Equilibrium = Qd = Qs
Therefore, 600 - Q = 0.5Q
600 = Q + 0.5Q
600 = 1.5Q
Q = 600/1.5
Q = 400
Since P = 600 - Q
P = 600 - 400
P = 200
Price elasticity will be:
= (dQ/dP) × (P/Q)
=(-1) × (200/400).
= -1 × 0.5
= -0.5
The price elasticity is -0.5
Answer:
D
Explanation:
They have more freedom now that their father is dead, but they are
not strong enough to act on it.
Answer:
The WACC of the firm is 11.91%
Explanation:
The WACC or weighted average cost of capital is the rate of return that a business is expected to pay to all of its security holders- bonds, common stock, preferred stock- or is the cost of capital for the business.
To calculate the WACC, we use the following formula,
WACC = D/A * (1-tax rate) * rD + E/A * rE
Where,
- D/A and E/A is the weightage of debt and assets as a proportion of total assets
- rD * (1-tax rate) is the after tax cost of debt
- rE is the cost of equity or required rate of return on equity
We first need to calculate the required rate of return on equity (r). We will use the CAPM formula for r.
r = 0.034 + 1.37 * 0.082
r = 0.14634 or 14.634%
The total assets are equal to,
Assets = Debt + Equity
If for every $1 of equity, there is $0.45 of debt as given by debt-equity ratio.
Then,
Assets = 0.45 + 1
Assets = $1.45
WACC = 0.45/1.45 * (1-0.23) * 0.076 + 1/1.45 * 0.14634
WACC = 0.11908 or 11.908% rounded off to 11.91%
Initiating, Planning, Executing, Monitoring and Controlling, and Closing are the five groups of the project management process.<span>
Activities performed that relate to each knowledge area are part of the planning group from the project management process. </span><span> Planning involves calculating the budget and schedule for the project, and determines what resources are needed.</span>