Answer: Option B
Explanation: The receiving of cash from customers will have no effect on total assets, as the amount of inventory will decrease and the amount of cash will increase by the same amount. Thus the accounting equation will remain same from such a transaction as one asset will decrease and other will increase.
Thus, from the above we can conclude that the correct option is B.
Highest growth rate based on GDP rate is found in Japan. This has been an ongoing trend for the last 100 years.
Answer:
The first term of an arithmetic sequence is 10 and its common difference is
negative seven. What is the fourth term of the sequence?
The fourth term is -11
Explanation:
a.p= a1 + (n-1)d
a.p= 10+ (4-1) -7
a.p= 10 + (3) -7
a.p= 10 - 21
= -11
a1= first term
n= nth term
d= difference
Answer:
=$398.16
Explanation:
Mark up represents the desired profits of a product. A percentage mark-up increases the price of a product by that specific percentage.
If the cost is $252 and the required mark-up is 58%, the selling price will 58% higher than $252.
= 58% of 252 + 252
= (58/100 x 252 ) + $252
=$146.16 +252
=$398.16
Answer:
New price (P1) = $72.88
Explanation:
Given:
Risk-free rate of interest (Rf) = 5%
Expected rate of market return (Rm) = 17%
Old price (P0) = $64
Dividend (D) = $2
Beta (β) = 1.0
New price (P1) = ?
Computation of expected rate on return:
Expected rate on return (r) = Rf + β(Rm - Rf)
Expected rate on return (r) = 5% + 1.0(17% - 5%)
Expected rate on return (r) = 5% + 1.0(12%)
Expected rate on return (r) = 5% + 12%
Expected rate on return (r) = 17%
Computation:
Expected rate on return (r) = (D + P1 - P0) / P0
17% = ($2 + P1 - $64) / $64
0.17 = (2 + P1 - $64) / $64
10.88 = P1 - $62
New price (P1) = $72.88
