False. Higher levels of taxation will reduce spending, which will lead to a slower economy and less innovation.
Answer: 15%
Explanation:
The expected return on stock is expressed as;
Expected Return on Stock = Treasury Bill Yield + Risk Premium
Historical returns from 1900 - 2015 generally show the risk premium on stock to be 7.6% so;
Expected Return on Stock = 7.5% + 7.6%
= 15.1%
= 15%
Answer: Experiential purchase
Explanation:
Experiential purchase is a type of purchase that occurs when consumers want to have an experience out of their purchase.
Examples of experiential purchase are traveling on vacations or attending a concert. In both examples, the consumer wants to have fun and an amazing experience. Quentin wanted a wonderful experience of quality service at the hotel which is an example of experiential purchase.
Freedom of individual choice is possible to the extent that the market provides options for work, developing a business, and purchasing goods and services (so long as you can afford them).
Hope this helps :)
Answer:
The retained earnings statement showed a closing retained earnings of $226,120.00 as at 2017 year end.
Explanation:
In arriving at the closing retained earnings , I treated prior items retrospectively- that is as if the impact of such items have been in the accounts from day one,less the tax effect of all items involved.
For instance ,I deducted the understatement of depreciation in 2015 less of tax impact of 40%
Kindly find attached for details.
