Answer: a)
Explanation: All the others are deductible, whilst excise taxes are only deductible as a business expense.
The journal entry on May 1 was:
A debit to Prepaid Insurance for 15,600
And a credit to cash for 15,600
Prepaid Insurance is the share of an insurance premium that
has been paid in early and has not finished as of the balance sheet date.
The monthly insurance payment for two years is computed by 15,600/24
months which is $650 per month.
At December 31 the adjusting entry would be:
A debit to Insurance Expense 5,200
And a credit to Prepaid Insurance for 5,200
5,200 is computed by:
650 x 8 months (starting from May 1 to December 31) = 5,200
The idea behind this is that the musician chosen by a consumer will reflect that consumer's perception of the brand. This kind of research exemplifies "projective technique".
<h3>What is projective technique?</h3>
A form of personality testing known as projective approaches involves giving the subject of the test a straightforward, unstructured task with the intention of revealing personality traits.
The most well-known though contentious psychometric psychological testing method is frequently the projective methodology.
Key features of projective technique are-
- Respondents can project their real or subjective ideas and beliefs onto other persons or even inanimate things using projective techniques.
- From what the respondent says about other people, one might therefore infer the respondent's true feelings.
- Typically, projective techniques are applied in one-on-one or small-group interviews.
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Answer:
The appropriate answer is "13.82%".
Explanation:
Given:
Risk free rate,
Beta of stock,

Market rate,
= 
Now,
The market risk premium will be:
⇒
= 
= 
=
(%)
hence,
The cost of equity will be:
⇒ 


(%)