Answer:
e) market risk premium.
Explanation:
The slope of the security market line represents the market risk premium.
A persons income functions similarly in both capitalists and socialist societies today. "Socialism" as an idea or theoretical economic model has not been fully implemented in most societies that use some socialist concepts. In European countries like France, Sweden, or Denmark they use both principles of capitalism and socialism. In that they are integrated into the global economy and take part in trade and also regular business they are capitalists, however, they have large social protections in the form of government services etc. which are paid for with high taxes. The major difference in incomes in these two systems are that in capitalist societies tend to have lower taxes than socialist societies, but give less state services or welfare than socialist societies.
Answer:
$2,400
Explanation:
The computation of the depreciation expense under the activity-based depreciation method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($12,000 - $4,000) ÷ (20,000 units)
= ($8,000) ÷ (20,000 units)
= $0.4 per unit
Now for the first year, it would be
= Production units in first year × depreciation per unit
= 6,000 units × $0.4
= $2,400
There were no effects the great depression has on the credit industry. There was instead insider trading. people didn't care about the dangers of inside trading. But then WWII put the US back on track.
The effects Postwar Era had been good. Consumer borrowing increased. the G.I Bill was used by thousands of veterans to go to college or buy homes. Wages were mostly higher now and there were many jobs out there.
Answer:
According to IAS 36 Impairment of Assets says that impairment must be launched when it is clear that the carrying value of the asset is higher than fair value less cost to sell or value in use.
In this question, we can see that the carrying value which is $18.64m is higher than $11.6m by $7.04m (18.64-11.6).
Dr. Impairment Loss $7.04m
CR. Accumulated Impairment Loss $7.04
The (Dr.) impairment Loss Should be Reported in the statement of comprehensive income as an Expense and (CR.) Accumulated Impairment Loss would reduce the Carrying Amount of the Respective Asset in the balance sheet.