Answer:
1.17%
Explanation:
Expected return is 15.1 %
Risk free rate is 5.95 %
Market risk premium is 7.8%
Therefore the beta can be calculated as follows
Expected return= risk free rate + (beta×market risk premium)
15.1%= 5.95% + (beta × 7.8%)
15.1%-5.95%= 7.8% beta
9.15%= 7.8% beta
beta= 9.15%/7.8%
beta= 1.17%
Answer:
C. $12,500
Explanation:
Please keep in mind that, annual depreciation expense is caluclated as below:
Depreciation expenses = (Original cost - Salvage value)/Expected useful life
Putting all the number together, we have:
Depreciation expenses = (90,000 - 15,000)/6 = 12,500.
So the correct answer is C. $12,500
Answer:
Whenever a person consumes too much of liquor, the body gets dehydrated as alcohol is a dehydrating agent and it removes body fluids through renal system.
Due to such dehydration, the occurrence of cramps is quite a common phenomena, apart from tastelessness.
In the current case, Mr Smith got besotted at a bar and in an attempt to navigate the stairs, he consequently passed out. The following morning he woke up, his right arm and hand were devoid of sensation.
The human body requires consistent blood flow with adequate oxygen and nutrient absorption to coordinate well with the nervous system. Neurons are responsible for nerve impulses and action.
Alcohol affects the functioning of neurons which are responsible for generating impulse, movement and coordination. Owing to the same phenomena, while an individual is intoxicated, the senses slow down due to which one feels less pain of an injury or hurt.
Here, consumption of excessive liquor led to pressure built up and the blood flow along with nutrients and oxygen, which are required for the neuron process, got obstructed. This led to a situation of no sensation with neuron function suspended temporarily. This resulted into lack of sensation in the arm and hand.
Answer:
cash 35,000 debit
service revenue 35,000 credit
supplies 6,000 debit
accounts payable 6,000 credit
supplies expense 4,200 debit
suplies 4,200 credit
b)
service revenue 35,000
supplies expense (4,200)
income 30,800
cash flow:
35,000 generated from operating activities
balance sheet:
cash 35,000
supplies 1,800
total assets 36,800
liaiblities 6,000 A/P
equity 30,800
c) supplies account: 1,800
6,000 - 4,200 = <em>1,800 It matches the inventory at hand as accounting represent reality</em>
<em>d) supplies expense: 0</em>
<em>expenses and revenue are temporary account are closed at year-end</em>
Explanation:
a)
year-end adjustment for the consumption of supplies:
6,000 - 1,800 = 4,200
