Answer:
A compound inequality is a sentence with two inequality statements joined either by the word “or” or by the word “and.” “And” indicates that both statements of the compound sentence are true at the same time. It is the overlap or intersection of the solution sets for the individual statements.
Answer:
C
Explanation:
A period expansion is a rise in economic activity rises which substantially, spreads across the economy
Answer:
c. credit card bill
Explanation:
A credit card bill is a liability. It is a debt owned by the business to be paid within an accounting period. A credit card reflects authorization by the credit card company of a line of credit for the buyer with predetermined interest rates and payment terms- hence the term credit card. Most companies waive interest charges on the line of credit if the buyer pays its balance in full each month.
Once a credit is established with a credit card company or bank, the customer does not have to open an account with each store . Customers using these credit cards can make single monthly payments to different creditors and can defer their payments.
<em><u>Deffered payments </u></em> are a liability for a customer and need to be paid within the accounting period.
Answer:
305,000 Shares
Explanation:
The approriate number of shares to be used in the basic earnings per share computation for 2018 is calculated thus:
- As at December 31, 2017 Issued and Outstanding Common Stock = 300,000 shares
- Dividend paid= 5% Common Stock
- Meaning As at June 30, 2018, Common Stock issued rose as follows:
=(300,000×1.05)= 315,000
- However, Treasury Stock Reacquired September 30, 2018 = 40,000 shares of common stock
- Implication: From January - September 30, Common Stock increased from 300,000 to 315,000. However, From October 1- Decembe 21, Common Stock reduced by 40,000.
- To Calculate the Shares for EPS: We need to remove the last 3 months (October- December) for which the outstanding common stock has reduced by 40,000 shares.
- = (300,000 × 1.05) - (40,000 ×3/12)
- = 315,000-10,000
- =305,000 (Appropriate number of shares for basic EPS for 2018)
Answer:
Return on company's stock = 15.6%
Explanation:
<u><em>The capital asset pricing model (CAPM)</em></u><em> relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c</em>
Using the CAPM , the expected return on a asset is given as follows:
E(r)= Rf +β(Rm-Rf)
E(r) =? , Rf- 6%, Rm- 14%, β- 1.2
E(r) = 6% + 1.2× (14- 6)%
= 6% + 9.6%
= 15.6%
Return on company's stock = 15.6%
