Answer:
when CWC gives Richie a warehouse receipt for the widgets
Explanation:
Answer:
$300
Explanation:
When insurance is paid in advance, the entries required are
Debit Prepaid Insurance
Credit Cash account
As time elapses and the insurance expires,
Debit Insurance expense
Credit Prepaid Insurance
Amount of insurance expense as at 31 December (6 months between 1 July and 31 December)
= 6/12 * $600
= $300
The insurance expense on the annual income statement for the first year ended December 31 is $300.
Answer:
$28,300
Explanation:
Calculation to determine the net debt
Using this formula
Net debt=(Short-term interest bearing debt +
Long-term interest bearing debt+Non-interest bearing liabilities)-Cash and equivalents
Let plug in the formula
Net debt=($ 3,000 +$25,000+$ 1,500)-$ 1,200
Net debt=$29,500-$1,200
Net debt=$28,300
Therefore Net debt is $28,300
Answer:
=2.98%
Explanation:
Use CAPM to find the required return of the stock;
CAPM: r = risk free + beta(market return - risk free)
risk free = 4.5% or 0.045 as a decimal
beta = -0.4
market return = 8.3% or 0.083 as a decimal
Next, plug in the numbers into the CAPM formula;
r = 0.045 -0.4(0.083 - 0.045)
r = 0.045 -0.0152
r = 0.0298 or 2.98%
Therefore the required return is 2.98%
<span>The answer is letter C.
The third step in communicating properly is to ask for feedback from the person you are talking to. This way you can inquire what are the reflections of the receiver to the message you conveyed. In this manner, you are openly learning to understand the exact situation you are talking about and it can also help in improving how you might convey your message the next time around. <span>
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