Answer:
$20,000
Explanation:
The reason is that the standard specifically addresses the issue and says that the publicly trading security must be recorded at the market price not on the management estimation. If it was allowed we would never see a loss in the financial statement because everyone would argue that our management estimation says that the asset is worth $1 million more than the current market price. So this is prohibited by the accounting standards.
I can't see the full chart
The correct answer is A. A surplus budget means that you receive more than you expected to spend
To maintain a strong Economy the federal government seeks to accomplish three policy goals stable prices , full employment and economy growth in addition to these three policy goals the federal government has other objectives to maintain sound economy policy
Answer:
option c 11.72%
Explanation:
We need to know the cost of equity which should be determinate with CAPM but we aren't given with the firm beta thus, we calcualte using the MM models and the similar beta of the other firm:
we multiply that beta by the capital structure of this similar firm
β of florida = (E/V x β) = 0.6 x 1.4 = 0.84
Now, that we got our firm beta we can solve for the CAPM:
risk free = 0.05
premium market = (market rate - risk free) 0.08
beta(non diversifiable risk) = 0.84
Ke 0.11720