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Leya [2.2K]
3 years ago
12

Atlantic Corporation reported the following amounts at the end of the first year of operations Common stock $ 200,000 Sales reve

nue $ 800,000 Total assets $ 600,000 Dividends declared $ 40,000 Total liabilities $ 320,000 What are the retained earnings of Atlantic at the end of the year, and what amount of expenses were incurred during the year
Business
1 answer:
Serhud [2]3 years ago
3 0

Answer:

4567

Explanation:

4567

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You are evaluating a fund that had an annual average return of 7.2%. During that time, the average risk-free rate was 1.5% and t
PilotLPTM [1.2K]

Answer:

Risk free rate(Rf) = 1.5%

Market return(Rm) = 8%

Beta(β) = 0.8

ER(P) = Rf  + β(Rm – Rf)

ER(P) = 1.5 + 0.8(8-1.5)

ER(P) = 1.5 + 0.8(6.5)

ER(P) = 1.5 + 5.2

ER(P) = 6.7%

Alpha = Annual average return - ER(P)

         = 7.2% - 6.7%

         = 0.5%

Explanation:

In this case, we will calculate the expected return on the stock based on CAPM. Thereafter, we will calculate alpha by deducting the expected return from annual average return.

7 0
3 years ago
Pump prices slide as crude oil falls to​ six-year low The average price for regular gasoline at U.S. pumps fell almost 4 cents i
max2010maxim [7]

Answer:

lower the cost of producing gasoline and increase the supply of gasoline 

Explanation:

Crude oil is an input needed in the production of gasoline. If the price of crude oil falls, it would become cheaper to make gasoline and therefore the supply of gasoline would increase.

5 0
3 years ago
In January, Hometown Ice Cream Shoppe reported the following balances in their income statement accounts. Based on this informat
Gekata [30.6K]

Answer:

A) Debit of $1,445

Explanation:

Closing entries refers to the balance statements that are entered at the end of an accounting period in order to transfer the temporary account balances into permanent accounts. Based on the balances listed in the question it can be said that the closing entry to retained earnings will be Debit of $1,445. This refers to money going out of the account and can be calculated by adding all the revenue to the account and subtracting the expenses leaving $ - 1,445 thus being debit.

7 0
3 years ago
The unique markings and small cuts on the sole of a suspect's shoe are unique because of continued wear and use. these markings
Solnce55 [7]

The answer is: individual characteristics

In forensic, individual characteristics refers to a trail of evidence that could only be made by someone with a specific background or someone who are used to a certain type of behavior.

From markings and cuts and the sole, investigators could predict the general activities that usually done by the owner of the shoe. This would helped them identify the victim and help to unfold what happened to that victim when the crime occurred.

6 0
3 years ago
Should a president be held responsible for an underperforming economy?
Lana71 [14]
Yes he should be because people had higher expectations
3 0
3 years ago
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