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Volgvan
3 years ago
14

Assume the following adjustment data.

Business
1 answer:
Lunna [17]3 years ago
8 0

Answer:

                                    Adjusting Entries

      Date    Accounts titles and Explanation     Debit   Credit

1.                  Supplies expense                            $500

                           Supplies expense                                  $500

2.                  Insurance expense                          $300

                              Prepaid Insurance                                $300

3.                   Depreciation expense                     $ 70

                                Accumulated depreciation                 $70

                                 - equipment

4.                    Unearned service revenue             $500

                                   Service revenue                                $500

5.                     Accounts receivable                      $200

                                   Service revenue                                $200

6.                      Interest expense                            $90                            

                                   Interest payable                                  $90

7.                      Salaries and wages expense        $1,700

                                   Salaries and wages payable               $1,700

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Answer:

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Explanation:

The required rate of return is the minimum return that investors demand/expect on a stock based on the systematic risk of the stock as given by the beta. The expected or required rate of return on a stock can be calculated using the CAPM equation.

The equation is,

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r = 0.05 + 1.2 * (0.13 - 0.05)

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4 0
3 years ago
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Firdavs [7]
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7 0
3 years ago
Antonio and Dina are debating the use of student discounts by local theaters near school. Antonio argues, "When theaters offer d
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4 0
3 years ago
Read 2 more answers
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