Answer:
$284,000
Explanation:
Movements in the retained earnings account are as a result of the payment of dividend and the addition of the income or loss for the year.
Given that
Baxter generated revenues = $40,000
incurred expenses = $24,000
purchased equipment = $10,000 and
paid dividends = $4,000
Net income/(loss) = $40,000 - $24,000
= $16,000
Retained Earnings at September 30, 2012
= $272,000 + $16,000 - $4,000
= $284,000
<span>The situation should be handled by speaking in a calm, yet firm tone of voice. The customer should be told the rates for rooms at the hotel, as well as any charges that may occur for cancelling. If the customer still isn't satisfied, she should be transferred to the manager for further explanation.</span>
Answer:
r = 0.16 or 16%
Explanation:
Using the CAPM, we can calculate the required rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.
The formula for required rate of return under CAPM is,
r = rRF + Beta * (rM - rRF)
Where,
rRF is the risk free rate
rM is the return on market
r = 0.07 + 1.5 * (0.13 - 0.07)
r = 0.16 or 16%
Answer:
a. $600,000
Explanation:
The computation of the amount reported as a pension liability on the balance sheet is as follows:
= Projected benefit obligation - plant asset at fair value
= $1,200,000 - $600,000
= $600,000
Hence, the amount reported as a pension liability on the balance sheet is $600,000
Therefore the correct option is a.