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Charra [1.4K]
3 years ago
11

Which one of the following is an example of systematic risk? Multiple Choice Investors panic causing security prices around the

globe to fall precipitously A flood washes away a firm's warehouse A city imposes an additional one percent sales tax on all products A toymaker has to recall its top-selling toy Corn prices increase due to increased demand for alternative fuels
Business
1 answer:
Rus_ich [418]3 years ago
3 0

Answer:

Multiple Choice Investors panic causing security prices around the globe to fall precipitously

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The journal entry for an installment note payment includes all except:__________.
soldi70 [24.7K]

Answer: a. a credit to Accounts Payable.

Explanation:

When paying off a note, cash will be used so cash will have to be credited to show that it is decreasing.

Interest expense will be debited by the interest accumulated on the loan because expenses are debited when they increase.

Notes Payable will be debited to show that the note has now been retired.

There is no credit for Accounts payable involved in this transaction.

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3 years ago
Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at rd = 11%, and its common sto
ANTONII [103]

Answer:

16.30%

Explanation:

Calculation for what the percentage of the company's capital structure consists of debt

Using this formula

rs=D1/P0+g

First step is to find the D1 using this formula

D1=(1+Dividend expected grow constant rate) *+Dividend per share

Let plug in the formula

D1=(1+0.07)*$2.00

D1=1.07*$2.00

D1=$2.14

Now let find the percentage of the company's capital structure Using this formula

rs=D1/P0+g

Let plug in the formula

rs=$2.14/$23.00+0.07

rs=0.09304947+0.07

rs=0.1630*100

rs=16.30%

Therefore the percentage of the company's capital structure consists of debt will be 16.30%

5 0
3 years ago
Sammy says, “I don’t think it’s fair that I have to pay for car insurance when I’m a super safe driver.” Explain why this logic
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Answer:

Car insurance isn't in place for people who are bad drivers, although I'm sure it helps them too. It's in place for situations you can never predict. Just because you're a good driver doesn't mean the people around you aren't. You have no control of other people's actions, so you might actually need that insurance Sammy.

Explanation:

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3 years ago
Alin Co. purchases a building for $300,000 and pays an additional $30,000 for closing costs (brokerage, title, attorney fees). A
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Answer:

The answer is: $350,000

Explanation:

When Alin Co. establishes the total cost of the building it just purchased, it must include all of the following:

  • building's purchase value $300,000
  • associated closing costs $30,000
  • building improvements and renovations $20,000

So the total cost of the building is $300,000 + $30,000 + $20,000 = $350,000

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3 years ago
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