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3 years ago

Governmental financial reporting should provide information to assist users in which situation?

Business

1 answer:

trasher [3.6K]3 years ago

6 0

Answer: making economic, social, and political decisions and also

assessing whether current-year citizens received services but if part of the payment burden was shifted part to future-year citizens.

Explanation:

Government Financial reporting should assist in fulfilling the government's duty of being publicly accountable. When there's a report of government's finances, citizens will be able to see the way money are spent and received in the country.

It also helps in the provision of information in order to help users assess the service efforts and make political, economic, and social decisions.

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Assume that the CAPM holds. One stock has an expected return of 8% and a beta of 0.5. Another stock has an expected return of 13

Zolol [24]

Answer:

10.5%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For one stock

8% = Risk-free rate of return + 0.5 × (Market rate of return - Risk-free rate of return)

8% = Risk-free rate of return + 0.5 × Market rate of return - 0.5 × Risk-free rate of return

8% = 0.5 × Risk-free rate of return + 0.5 × Market rate of return

8% ÷ 0.5 = Risk-free rate of return + Market rate of return

So, Risk-free rate of return + Market rate of return = 16

Risk-free rate of return = 16 - Market rate of return - 1

For another stock

13% = Risk-free rate of return + 1.5 × (Market rate of return - Risk-free rate of return)

13% = Risk-free rate of return + 1.5 × Market rate of return - 1.5 × Risk-free rate of return

13% = - 0.5 × Risk-free rate of return + 1.5 × Market rate of return - 2

Now put these equations together

13% = - 0.5 × (16 - Market rate of return) + 1.5 × Market rate of return

13% = - 8 + 0.5 × Market rate of return + 1.5 × Market rate of return

So, Market rate of return would be

= 21 ÷ 2

= 10.5%

4 0

3 years ago

Which sentences describe characteristics of a partnership?

RoseWind [281]

<span>D is the correct answer. The business benefits because the owners can share responsibilities, in most cases. However, some people may be silent partners - for example, they may invest in a business, but not have any say in how it is run.</span>

7 0

3 years ago

9. The least risky method by which firms conduct international business is: a franchising b. acquisitions of existing operations

TEA [102]

Answer:

c. international trade

Explanation:

Options A and E are wrong because franchising and licensing businesses need to pay a special commission or extra expense to do the business. In that case, if the first company faces any disreputed problem due to the food, it is challenging for other franchisees to operate. Licensing business needs a massive cost at the start of the market.

Options B and D are wrong because acquisitions of existing operations or establishing a new subsidiary require high investment.

<em>Option C</em> is correct because international trade can take place at any time. There is a little cost when the trading period starts. Otherwise, there are not many costs. So, it is a less risky method.

4 0

3 years ago

31st, 2014, a four-year insurance policy was purchased with a cash payment of $60,000. Coverage began immediately. 37. What is t

dezoksy [38]

Answer:

$11,250

Explanation:

The amount of insurance expense that would be reported on the income statement for the year ended December 31, 2014

1. Since a four year policy was purchased for $60,000 it will have to be amortized yearly to get the annual figure for insurance expense

2. The amount is also apportioned to take note of the number of months that elapsed in the first year.

Therefore if the four-year insurance policy was purchased on March 31st (Since the month is omitted in the question) then the insurance expense will be for the remaining 9 months in 2014.

Hence insurance expense will be [9 months (April to Dec 2014) / 12 months in a year] x (Insurance amount / 4 years) = $11,250

8 0

4 years ago

A supervisor is selecting recipients of new awards for an end of year celebration. Criteria for the awards are not known to the

erica [24]

Answer:

Fairness

Explanation:

Ethical leadership

This is refered to as the show of relatively appropriate conduct via the use of personal actions and interpersonal relationships, and also the use of promotionn of conduct to followers by the use of a two-way communication strategy, reinforcement and decision making. The moral aspect of ethical leadership shows that

the views of leader's personal traits, such as honesty or integrity.

Moral manager view as part of ethical leadership show leaders proactive efforts, through the use of rewards and punishments, to influence followers' ethical behaviors.

Ethical issues affects leader decisions always, both small and large.

Fairness

This is simply agreeing with what is usually said to be right or acceptable. Treating people in equally, not too harsh or critical.

7 0

3 years ago