Answer:
C.51.63%
Explanation:
Gross profit percentage = Gross profit/ Net sales ×100
Gross profit $700,400
Net sales $1,356,504
Hence ;
$700,400/$1,356,504 ×100
=51.63%
Therefore the gross profit percentage is
51.63%
The intial diagnostic assesment of patients history physical exam
Answer:
It is not formally recorded in the accounting record of the parent company if the subsidiary retains its incorporation.
Explanation:
IFRS 3 explains business acquisition as the taking over the control of an existing business by another with the acquired assets measured at the fair value at the date of transaction.
The combining of interest method has ceased to be considered by GAAP since 2001.
That means a subsidiary has to lose its incorporation for full acquisition or rather treated as an investment by the acquiring company.
Answer:
Re = 10%
Explanation:
using the CAPM formula, the cost of equity is:
Re = risk free + (beta x market premium)
- risk free = 4%
- market premium = market return - risk free = 12% - 4% = 8%
- beta = 0.75
Re = 4% + ((0.75 x 8%) = 10%
Since the beta is lower than 1, this stock is less volatile than the market, that is why the required rate of return is lower than the market return.