Interest
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
Answer:$103.73
Explanation: Sally has her annual health insurance premium to be $4,350 per annum.
Her company pays 38% of $4,350= $1,653
Sally pays =$4,350-$1,653 = $2,697
Sally pays in 26 instalments = $2,697/26= $103.73
A sum of $103.73 will be deducted from sally's paycheck monthly.
Answer:
Number 4. I just did this on odyssey ware
Explanation:
Answer:
The best estimate of the company’s cost of equity is 12%
Explanation:
Estimate of the company’s cost of equity = (Required Return as per Capital Asset Pricing Model + Cost of Equity) / 2
Required Return as per Capital Asset Pricing Model = Risk Free rate + Market Risk Premium * Beta
= 4.9 % + ( 6% * 1.2)
= 0.049 + 0.06 * 1.2
= 0.049 + 0.072
= 0.1210
= 12.10%
Cost of Equity = (Expected Dividend/Price) + Growth Rate
= [( $ 1.30 * 1.08) / $ 36] + 8%
= 0.039 + 0.08
= 0.1190
= 11.90%
The best estimate of the company’s cost of equity = (12.10 % + 11.90 % )/ 2
= 24% / 2
= 12%
Hence, the best estimate of the company’s cost of equity is 12%
Answer: d. All of the answers describe adjustments that must be made to the unadjusted book balance in order to determine the true cash balance.
Explanation:
Options A to C all need to be done to ascertain the True cash balance.
The bank collections from accounts needs to be added to reflect that money was received.
Bank charges need to be subtracted to reflect that the Bank has taken away some money for their administrative roles.
Interest earned from the bank as an income needs to reflect as well.
