Answer:
The expected return on this stock is 11.38%.
Explanation:
We apply the Capital Asset Pricing Model (CAPM) to solve the problem.
Under the CAPM, we have:
Return on a stock = Risk-free rate + Beta * ( Return on Market - Risk free rate).
in which:
Risk-free rate is given at 3.1%;
Beta is given at 1.15;
Return on Market is given at 10.3%;
So:
Return on a stock = Risk-free rate + Beta * ( Return on Market - Risk free rate) = 3.1% + 1.15 * ( 10.3% - 3.1%) = 11.38%.
Thus, the answer is 11.38%.
Answer:
Accounts
Wages Expense
Wages Payable
$100,000
$100,000
Explanation:
As the expense is accrued but not paid at the end of 2013. The transaction requires an adjusting entry. This will charge a wages expense and create the wages payable liability. Ultimately on January 3 it will be paid. Wages for the two weeks are $100,000 and the 14 days has been passed for the pay period until year end of 2013.
Answer:
Dr Purchased premiums 7,125
Cr Cash 7,125
Dr Cash 360,000
Cr Sales 360,000
Dr Premium Expense 3,135
Cr Inventory Premiums 3,135
Dr Premium Expense 2,265
Cr Estimated Liability Premiums 2,265
Explanation:
Blossom Company Journal entry
Dr Purchased premiums 7,125
(9,500×0.75)
Cr Cash 7,125
Dr Cash 360,000
(120,000×3.00per box)
Cr Sales 360,000
Dr Premium Expense 3,135
Cr Inventory Premiums (41,800 ÷ 10 coupons×0.75) 3,135
Dr Premium Expense 2,265
Cr Estimated Liability Premiums 2,265
[(120,000 ×0.60) – 41,800) ÷ 10 × .75]
=72,000-41,800÷10×.75
=30,200÷10×.75
=3020×.75
=2,265
Answer:
when time = 4 years:
Amount 1,360.49
"the interest on interest" 40.49
when time = 27 years:
Amount 7,988.06
"the interest on interest" 4,828,06
Explanation:
we calcualte the future balance usign the compound interest formula:
Principal 1,000.00
time 4.00
rate 0.08000
Amount 1,360.49
"the interest on interest" will be the compounding.
It will be the difference betwene simple interest and compounding:
1,000 x (1+0.08x4) = 1,000 x 1.32 = 1,320
1,360.49 - 1,320 = 49.49
<u>if time 27.00</u>
Amount 7,988.06
interest on interest:
1,000 x (1+0.08x27) = 1,000 x 3.16 = 3,160
7,988.06 - 3,160 =
Answer:
C. persuasion; silent authority
Explanation:
Influence tactics can be regarded as steps that can be taken by people in order to exert influence on others in a particular organization, thereby bringing about achieving their goals. If successfully applied, influence tactics can help junior managers or lower level that lack substantial sources of power to be able to exert impact on both behavior and decisions of others within that organization.
Silent Authority can be regarded as silent application of authority, which can be elaborated as when someone complies with a particular request as a result of the requester’s legitimate hierarchical power and role expectations of the target person. This condition is often been referred to as deference to authority. As regards to deference, it takes place, where one comply with ones boss in completion of particular task, let say this task falls within one's job scope and ones boss has the right in making this request, then we can say the influence strategy works without persuasion or negotiation.
As an expert ,one would have broad as well as deep competence in terms of knowledge, experience and skill, with help of practice and education in a specific field. Individuals that has expertise usually have influence with the use of persuasion.
Power provide a person or unit with
opportunity to exert influence as regards organizational outcomes. Influence can be regarded as power in action. It should be noted that People with expertise tend to have more influence using persuasion, whereas those with a strong legitimate power base are usually more successful applying silent authority.