Answer: 12.1%
Explanation:
Returns are generally quoted in Nominal terms because they include the inflation of the period. The 12.1% is therefore the nominal yield on the stock.
When adjusted for inflation however, the stock return will most likely reduce to reflect the real rate of return which shows the rate of return without the effects of inflation that 'exaggerates' return.
Answer:
DR Prepaid expense $9,000
CR Cash $9,000
Explanation:
Based on the information given about Plum Co. In which we were been told that the company paid the amount of $9,000 in cash in order for management services to be performed and since the company record all prepaid expenses to their asset accounts this means that on July 1 Plum should:
DR Prepaid expense $9,000
CR Cash $9,000
Answer:
Explanation:
We multiply the required units by the time per units
That way we obtain the labour hours
Next we multiply by the labor rate, giving us the labor cost.
<u>Key -terms</u>
labor rate: the total cost of an employee per hour
labor hours: 1 hours of work from an employee
I am pretty sure it is sales budget
False because American is still the most in debt Country ever