Ask question

Ask question

All categories

3 years ago

12

Suppose the benefit of owning a painting, in terms of your personal enjoyment, is worth 5% of the value of the painting. If the

expected rate of return on stocks is 7%, then the painting should grow in value by _________ per year.

1 answer:

Julli [10]3 years ago

4 0

Answer:

7%

Explanation:

It would grow by 7% each year which is the rate of return on stocks

You might be interested in

A company that designs video games has decided to expand and needs to hire Software Developers, Web Administrators, and Computer

Harman [31]

Answer:

A technical school that specializes in computer training.....Hope this helps!

6 0

2 years ago

Read 2 more answers

U.S. exports are Group of answer choices A.not included in U.S. GDP because they are consumed B.abroad included in U.S. GDP beca

soldier1979 [14.2K]

Answer:

The answer is B. included in U.S. GDP because they are produced domestically

Explanation:

Exports are included in the gross domestic product as the production is done locally. Apart from exports, imports are included in the GDP as well.

4 0

3 years ago

On January 1, 2019, Cullumber Corporation acquired machinery at a cost of $1650000. Cullumber adopted the straight-line method o

Tatiana [17]

Answer:

$0

Explanation:

Since in the given situation there is a depreciation method change i.e. from the straight-line method to double-declining method so there would be no impact restrospectively.

Hence, there would be no cumulative impact as it creates the impact prospectively

So the impact would be zero

7 0

3 years ago

Stadford Inc. is financed with 40 percent debt and 60 percent equity. This mixture of debt and equity is referred to as the firm

lesya692 [45]

Answer: Capital structure

Explanation: In simple words, capital structure refers to the proportion of different securities that an organisation uses as a combination to fund its operations. In other words, the amount of debt and equity in total capital in hand of the business is termed as capital structure.

Capital structure is of high importance to the investors as it directly impacts the liquidity and profitability of the organisation.

The ability of a company to bear its short term obligation is called liquidity and the ability to generate profit with given amount of resources is called profitability.

8 0

3 years ago

On August 1, Greene Company purchased merchandise inventory on account with a list price of $25,000 and credit terms of 2/10, n/

Alekssandra [29.7K]

Answer:

August 1, merchandise purchased on account 2/10, n/30

Dr Merchandise inventory 25,000

Cr Accounts payable 25,000

Explanation:

If Greene paid within the discount period, the journal entry to record the payment would be:

August 2-11, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 24,500

Cr Purchase discounts 500

If Greene didn't paid within the discount period, the journal entry to record the payment would be:

August 20, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 25,000

5 0

3 years ago