Answer:
11.7%
Explanation:
The common stock of a shaky building has a beta of 22%
The market risk premium is 9.56%
The US treasury bill is 3.3 %
Therefore the cost of equity can be calculated as follows
= 3.3/100 + (1+22/100)(9.56)
= 0.033 + (1+0.22)(9.56)
= 0.033 + 1.22×9.56
= 0.033 + 11.6632
= 11.7%
Answer:
B. Opportunity Cost
Explanation:
Opportunity cost is the alternative forgone or sacrifice made in other to satisfy another want. it refers to the wants that are left unsatisfied in other to satisfy another want.
In the case of Jumar, the money he earned as an office manager ($40,000) could be referred to as the opportunity cost when he started his life coaching business.
B. Credit; discount on bonds payable
Answer:
c. 900 credit
Explanation:
Account payable is a liability account and as such, the normal balance is in credit.
Opening balance = $1,000
Debit postings represents settlement of account payable.
Debit posting = $600
Credit postings are additions to the liability
Credit postings = $500
Ending balance = - $1,000 + $600 - $500
= -$900
Ending balance is a credit of $900. c. 900 credit
Answer:
explanation below
Explanation:
The Cuban embargo, known as el bloqueo (the blockade), was one that happened due to Cuba’s expropriation of “some $1.8 billion worth of U.S.-owned property. The US put policies in place to restrict the way other countries engage in businesses with Cuba.
As the embargo continued to affect the people of Cuba, it also cost the US far more than expected. Certain reports has it that the US has lost nearly all its international support for the embargo. The cost of the embargo on the economy of the US was around $130 billion over nearly six decades.
