Answer:
162075.97 dollars.
Explanation:
The time period of annuity = 15 years
Annuity amount = $1300 per month
The interest rate for the first six-year = 10%
Monthly interest rate = 10% / 12 = 0.83%
Thus number pf periods = 6 * 12 = 72
Interest rate for another 9 years = 8%
Monthly interest rate = 8% / 12 = 0.67%
Number of period = 8 * 12 = 96
Use the below formula to find the present value of the annuity.
Answer:
Risk-free rate (Rf) = 5.00%
Beta (β) = 1.05
Risk premium = 6.00%
Ke = Rf + β(Rm - Rf)
Ke = Rf + β(Risk premium)
Cost of common stock (Ke) = ?
Ke =5 + 1.05(6)
Ke = 5 + 6.3
Ke = 11.30%
Explanation:
The firm's cost of common stock equals risk-free rate plus beta multiplied by risk premium.
Answer:
social
Explanation:
Social mobility refers changes in an individual's social economic class within a stratification system. A social stratification system is the way society ranks individuals and families according to the social status. A person's or a family's social status is generally determined by wealth or power (or both).
When a person moves up the social ladder (stratification system) it means that they are improving their status and society generally perceives them as more valuable. E.g. Serguei Brin went from being a Russian immigrant to an extremely wealthy and powerful person after Google was a success. That is a clear example of a person moving up the social ladder.
People can also lower their social class when they lose their jobs and go through severe economic hardships.
Answer:
D. Cash is credited $213; repairs and maintenance expense is debited $213.
Explanation:
In double-entry accounting, transactions that reduce assets such as cash are credited while those that increase assets are debited.
By paying for repairs services, the amount of cash at hand reduces by $213. Because cash is an asset, the cash account will be credited( reduced) by $213.
Repairs and maintenance expense account is an expense account as the name suggest. As a rule, transactions that increase expenses are debited. In this case, Mr. Peabody will debit( increase) the repairs and maintenance account by $213.
Answer:
The correct answer is letter "E": Jasmine loses her job as a newspaper editor because the publication has gone digital.
Explanation:
Structural unemployment is an economic mismatch where workers fail to find jobs and employers with available openings fail to find workers. This problem can be caused because of technological advances and the rapid relocation of available job positions.
In that sense, as Jasmine -a newspaper editor- is laid off because publications are now digital (technological factor), she is being a victim of structural unemployment.