Answer: 4.7%
Explanation:
Expected return is calculated as:
= Risk free return + Beta ( Market risk premium)
10.8% = 5% + (1.22 × Market risk premium)
10.8% - 5% = 1.22market risk premium
5.8%/1.22 = market risk premium
Market risk premium = 0.058/1.22
Market risk premium = 0.047
Market risk premium = 4.7%
Answer:
Information used to determine which products to produce
Explanation:
Determination of products whose production is not yet decided is a managerial issue, and it is part of internal information that should be not delivered to external parties. Furthermore, this data usually is not accurate, so sharing outside would not be even recommended for this sole reason.
Answer:
B. $29,000
Explanation:
The cashflow from operating activities is calculated as below:
Cashflow from operating activities = Net income + Depreciation - Working capital investment
= Net income + Depreciation - (Change in inventories + Change in account receivables - Change in account payables)
Putting all the number together, we have:
123,000 = Net income + 38,000 - [(-27,000) + 31,000 - 48,000 - 12,000),
Solve the equation we get Net income = 29,000.
Answer and Explanation:
The Journal entry is shown below:-
Work in progress Dr, $24,000
To Manufacturing Overhead $24,000
(Being the overhead assigned is recorded)
For recording this we debited the work in process as it increased the assets and credited the manufacturing overhead for assigning the overhead
Working note
Overhead amount = (Milling Department + Cutting department) × Overhead rate
= (1,800 + 3,000) × $5
= $4,800 × $5
= $24,000
Answer:
Charity fund should be handled with care as it is donor's money which should be handled with care. The amount of charity should be spent for the actual cause.
Explanation:
Charity fund is the money which should be handled with great care. The major fund of the charity should be attribute to the main cause and there should be proper record maintenance for every penny spent. The charity fund is the responsibility of the management and any donor can ask anytime about the money spent.
