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3 years ago

Main purpose or taxes is to

1 answer:

4 0

The primary purpose of taxation is to raise revenue to meet huge public expenditure. Most governmental activities must be financed by taxation. But it is not the only goal. In other words, taxation policy has some non-revenue objectives. so the answer is A.

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The risk-free rate is 5.4 percent and the market risk premium is 5 percent. Assume that required returns are based on the CAPM.

Karo-lina-s [1.5K]

Answer:

11.419%

Explanation:

Given that,

Risk-free rate = 5.4

Market risk premium = 5

Portfolio = $1 million = $1,000,000

Amount invested in stock A = $218,000

Beta A = 0.5

Amount invested in stock B = $1,000,000 - $218,000

= $782,000

Remainder invested in stock B that has a beta = 1.4

Portfolio beta:

= [(Amount in A × Beta of A) + (Amount in B × Beta of B)] ÷ Total Amount

= [($218,000 × 0.5) + ($782,000 × 1.4)] ÷ $1,000,000

= ($109,000 + $1,094,800) ÷ $1,000,000

= 1.2038

Required return:

= Risk free rate + (Beta × Market risk premium)

= 5.4% + (1.2038 × 5%)

= 5.4% + 6.019%

= 11.419%

Therefore, the required return on this portfolio is 11.419%

8 0

3 years ago

Question:

Vanyuwa [196]

Answer:

Received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share

Dr. Cr.

Cash $40,000

Common stock @ 1 $1,000

Add-In capital Common Stock $39,000

Purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer

Dr. Cr.

Equipment $15,000

Cash $3,000

Account Payable $12,000

Borrowed $10,000 cash from a bank

Dr. Cr.

Cash $10,000

Bank Loan $10,000

Loaned $800 to an employee who signed a note.

Dr. Cr.

Note Receivable $800

Cash $800

Purchased $13,000 of land paid $4,000 in cash and signed a mortgage note for the balance

Dr. Cr.

Land $13,000

Cash $4,000

Mortgage Note Payable $9,000

6 0

4 years ago

ACME Confetti Corporation needs to finance $20 million for a plant expansion building project. They've decided to issue common s

Law Incorporation [45]

Answer:

Option (C) is correct.

Explanation:

The required proceeds:

= Amount need to be finance ÷ (1 - 7%)

= $20 million ÷ (1 - 0.07)

= $215,05,376.34 (approx)

Hence, the number of shares needed to be issued:

= required proceeds ÷ Issue price per share

= $215,05,376.34 ÷ $50 per share

= 430,108 shares (approx)

Therefore, 430,108 shares they need to issue to cover the cost of the project plus all floatation costs.

6 0

3 years ago

Seth and Rachel have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership i

dimulka [17.4K]

Answer:

D. $8,000.

Explanation:

*Net loss is considered as the amount to be allocated between partners on equal sharing ratio. Otherwise the net allocated amount will be 76,000 ( -16000-5000-10000-27000-18000) net loss and Seth's share will be -38,000 (76000/2) . Question has no option of this amount.

Statement of Partners Equity

For the Year end MM-DD-YY

Seth Rachel

$ $

Beginning Capital balance = 0 0

Investment by partners = 50,000 100,000

interest Allowance = 5000 10,000

Salary Allowance = 27000 18,000

Net loss Allocated = (8,000) (8,000)

Ending capital balance = 74,000 120,000

8 0

4 years ago

Rose decides she wants to begin her own business, marketing toward online game players. Which of the following best answers the

Licemer1 [7]

The given option is incorrect

The right answer is Paint Space game Online character portraits to sell on her website

Explanation:

It is one of the most important points for your viewers as part of online gaming marketing strategies. Continue posting all your game related things to increase your product thirst. gamer. The higher the number of shares, the higher the chat, all around.

This is another important component of their marketing strategy for online gaming.

Prepare a list of contacts to help them with their game's press release.

As part of their online gaming marketing strategy, it is important that they develop their own website. It will help connect all of their social media accounts to one location and provide an opportunity to track their followers for regular updates.

6 0

3 years ago