Answer:
1.6%
Explanation:
For computing the average nominal risk premium, first we have to determine the average nominal return which is shown below:
= (Stock over past five years) ÷ (number of years)
= (6% - 14% + 12% + 9% + 11%) ÷ (5 years)
= 4.8%
Now the average nominal risk premium would be
= Average nominal return - average T-bill rate
= 4.8% - 3.2%
= 1.6%
Answer:
$30,000
Explanation:
A supplemental disclosure of cash flow information requires that all the cash paid in interest during the period must be disclosed.
In Ash's case:
beginning balance interest payable account $15,000
+ interest expense during the year $20,000
<u>- ending balance interest payable account ($5,000) </u>
supplemental disclosure = $30,000
Answer:
The correct answer is A
Explanation:
In accounting the adjustment, is described as the transaction of the business, which is not involved or recorded in the records of the accounting of the firm at a particular or a specific data.
All of the transactions are reported by the recordation and its example are customer billing, cash collection and supplier invoice.
If the operations of the lifetime are reflected from the net income, then the adjustments does not needed to passed or reported.
Answer:
$150,000
Explanation:
Calculation for the amount of Cash raised for the Levy Company
Using this formula
Cash raised for Levy Company = Number of Bonds * Face value of the Bond
Let plug in the formula
Cash raised for Levy Company = 100 * $1,500
Cash raised for Levy Company = $150,000
Therefore the amount of Cash raised for the Levy Company will be $150,000
