Answer:
c
Explanation:
A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes increases the price of a good. the aim of tax on cigarettes is to increase the price of cigarettes. this should discourage consumption of cigarettes. taxes on cigarette reflect the true cost of consuming cigarettes
Answer:
E. Debit to Utilities Expense for $300.
Explanation:
The journal entry to record the given transaction is shown below
Utilities expense Dr $300
To cash $300
(Being cash paid is recorded)
For recording this we debited the utilities expense and credited the cash as it increased the expenses and decreased the assets in order to posting it correctly
Therefore it would be debited to utilities expense
Answer:
The correct answer is letter "C": accountants consider explicit costs only.
Explanation:
Explicit costs are those necessary for the operations of the company such as wages, rent or raw materials. Implicit costs are the opportunity costs companies as a result of giving up factors such as purchases or qualified employee hires.
<em>The </em>accounting profit<em> of a company is calculated by subtracting the explicit costs from the firm's total revenue. The </em>economic profit<em> is computed by subtracting the result of adding the explicit and implicit costs from the company's total revenue.</em>
Answer:
2.5%
Explanation:
Calculation for what is the alpha of the stock
Using this formula
Alpha of the stock= Realized Return - (Market Return *Beta)
Let plug in the formula
Alpha of the stock= 10% - (6% * 1.25)
Alpha of the stock= 0.10 - (0.06 * 1.25)
Alpha of the stock= 0.10 - 0.075
Alpha of the stock= 0.025 *100
Alpha of the stock=2.5%
Therefore the alpha of the stock will be 2.5%
