Answer:
6.80%
Explanation:
The average nominal returns is the sum of the returns for 5 years divided by the number of returns considered( i.e 5, 5 returns for 5 years)
average nominal returns=(6%-13%+24%+18%+15%)/5
average nominal returns=10.00%
The Fisher's equation is shown thus:
(1 + i) = (1 + r) (1 + π)
i=nominal return=10.00%
r=average real return=the unknown
π=inflation rate=3%
(1+10.00%)=(1+r)*(1+3%)
1.10=(1+r)*1.03
1+1=1.10/1.03
r=(1.10/1.03)-1
r=6.80%
Answer:
D
Explanation:
D because you have to keep up with demand
Answer:
A company issued 60 shares of $100 par value common stock for $7,000 cash. The total amount of paid-in capital is: $6, 000
Explanation:
60 shares of $100 per value
therefore, the cost would be 60 X 100= $6,000
Answer:
The balance in the cash account at the end of the month will be $401.000
Explanation:
$0
+$ 344,000 bank loan
+$112,000 stock issued to stakeholders
-$54,000 purchase of inventory
+$25,000 sell
-$26,000 payment of dividends
-------------
$401,000 balance at the end of the month
see attached file for T-account
