Answer:
C. The net change in plants asset during the year
Explanation:
Statement of cash flow is define as a financial statement which identifies inflow of cash received by a company and its investment from external sources. Statement of cash shows how a company's cash position is being managed. It also revealed how a compqny manages its operating expenses through cash generation.
Operating activities of cash flow includes;
-Payment of rent
-Interest payment
-Salaries and wages etc.
Activities to be reported in cash flow statements are;
-Cash payments for plant assets during the year
-How acquisition of plant assets were financed during the year
Based on the information given the amount that must be remitted to the state for February's sales taxes is $6,000.
Using this formula
Remitted amount=[February Total receipts÷(1+Sales tax rate)]×Sales tax rate
Where:
February Total receipts=$126,000
Sales tax rate=5%
Let plug in the formula
Remitted amount=[$126,000÷(1+0.05)]×0.05
Remitted amount=($126,000÷1.05)×0.05
Remitted amount=$120,000×0.05
Remitted amount=$6,000
Inconclusion the amount that must be remitted to the state for February's sales taxes is $6,000.
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Answer:
The answer is described in complete details in the attached file.
Explanation:
Answer:
$8,000
Explanation:
Jahwana earns $40,000:
her 401k contributions = 15% x $40,000 = $6,000
Jahwana's employer contributes $1 per $1 that she contributes but only up to 5%, so her employee's 401k contribution = 5% x $40,000 = $2,000
total annual contribution = $6,000 + $2,000 = $8,000
Answer:
New required rate of return = 11.88%
Explanation:
<em>The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta. </em>
<em>Under CAPM, Ke= Rf + β(Rm-Rf) </em>
<em>Ke- required rate of return, Rf-risk-free rate (treasury bill rate), β= Beta, Rm= Return on market.
</em>
Using the model, we work out Beta which is not given and then re-calculate the required rate of return of the new stock
<em>Ke- 11.75 % Rf- 5.5, Rm-Rf = 4.75%, β= ?</em>
11.75% = 5.50% + β(4.75%)
11.75% -5.50% = β(4.75%)
(11.75-5.50)/4.75= β
1.315789474
= β
1.315
= β
New required rate of return
5.50% + 1.315(1.02×4.75)
11.875
New required rate of return = 11.88%
