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vladimir2022 [97]
4 years ago
7

2016 may 1 received a $5,300, 12-month, 3% note in exchange for an outstanding account receivable from r. stoney. dec. 31 accrue

d interest revenue on the r. stoney note. 2017 may 1 received principal plus interest on the r. stoney note. (no interest has been accrued since december 31, 2016.) record the transactions in the general journal. the company does not make entries to accrue interest except at december 31.(credit account titles are automatically indented when amount is entered. do not indent manually. record journal entries in the order presented in the problem.)
Business
1 answer:
suter [353]4 years ago
4 0
2016 may 1  Debit Notes Receivable $5,300
                     Credit Accounts Receivable $5,300
2016 dec 31 Debit Interest Receivable $106
                     Credit Interest Income $106
2017 may 1  Debit Cash $5,459
                     Credit Notes Receivable $5,300
                     Credit Interest Receivable $159
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The stock in Pal-Maine Foods has a beta of .85. The expected return on the market is 11.50 percent and the risk-free rate is 2.8
algol [13]

Answer:

the required rate of return is 10.20%

Explanation:

The computation of the required rate of return is shown below;

We know that

= risk free rate of return + beta × (market rate of return - risk free rate of return)

= 2.85% + 0.85 × (11.50% - 2.85%)

= 2.85% + 7.3525%

= 10.20%

hence, the required rate of return is 10.20%

6 0
3 years ago
Muller’s Investigative Services has stock trading at $80 per share. The stock is expected to have a year-end dividend of $4 per
Natalija [7]

Answer:

The forecast of growth is 9%

Explanation:

The dividend discount model is used to discount future dividends at the cost of equity to find the Value of the stock and is appropriate to use in this instance

SP = D1/r - g

What we have D1 $4, SP $80, r 14% we need to find the forecast of growth

Plug in the values in the formula

80 = 4/ 0.14 - g

80(0.14-g) = 4

80(0.14-g)/80 = 4/80

0.14 - g = 4/80

-g = 4/80 - 0.14 = -0.09

g = 0.09/9%

4 0
3 years ago
An example of a nondepository financial institution is which of the following?
Nostrana [21]

The answer is C - Brokerage Firm

7 0
3 years ago
Read 2 more answers
Yehle Inc. regularly uses material Y51B and currently has in stock 457 liters of the material for which it paid $2,619 several w
Sedaia [141]

Answer:

Option A is the correct answer,$5810

Explanation:

The relevant of the Y51B is the cost of replacement,which is the open market price as it is actively being used by Yehle Inc.

Besides, if the quantity currently in inventory is used it has to be replaced at open market price.

Disposal value would have been used if the material in question is not being used

The relevant of 700 liters is given below:

$5.81*1000=$5,810

1000 liters has to be bought not 700 liters as the least quantity available for sale is 1000 liters.

Above,it would be wrong to choose option D as 700 liters is not available

5 0
3 years ago
reducing the price of laptop computers is considered a (one word) incentive since the opportunity cost decreases when the price
prohojiy [21]

Reducing the price of laptop computers is considered a - Positive incentive since the opportunity cost decreases when the price falls.

Answer is - Positive

Positive incentive

A positive incentive degree is an monetary, legal or institutional measure designed to inspire beneficial sports. wonderful incentive measures encompass for example incentive payments for natural farming, agricultural land set-apart schemes as well as public or supply-aided land purchases or conservation easements.

What are examples of positive incentive?

Positive incentives reward effective work conduct which includes collaboration among personnel and assembly deadlines. high-quality incentives can include reward, bonuses, profession advancements, incomes extra holiday days, present certificates and other monetary rewards.

What's Positive incentive in psychology?

Positive-incentive price is the predicted satisfaction involved inside the overall performance of a selected conduct, consisting of ingesting a selected food or consuming a selected beverage. it is a key element of the high quality-incentive theories of hunger.

Learn more about Positive incentive here :- brainly.com/question/25225649

#SPJ4

6 0
2 years ago
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