<span>Opponents of rent control believe that it causes housing shortages. The correct option among all the options that are given in the question is the fourth option or the last option. The other choices can be easily neglected. I hope that this is the answer that you were looking for and the answer has come to your help.</span>
Answer:
The PV of costs is ($25,192.61) and the equivalent annual annuity is ($7,947.53).
Explanation:
PV Formula = $20,000 + OC 1 / (1 + interest rate) ∧1 + OC 2 / (1 + interest rate)∧ 2 + OC 3 / (1 + interest rate)∧ 3 + OC 4 / (1 + interest rate)∧ 4
where:
PV = Present Value
OP = Opertaiing Cost
PV = $20,000 + 1500/1.1∧1 + 1600/1.1∧2 + 1700/1.1∧3+ 1800/1.1∧2+ 1800/1.1∧4
PV = $20,000 + 1,363.63 + 1,322.31 + 1,277.23 + 1,229.42
PV = $25,192.61
Equivalent Annual Annuity = r (NPV)/1-(1+r)∧-n
EAA = 0.1 X $25,192.61/0.31699
EAA = $7,947.53
Answer:
b. minimum price that can be legally charged for a product or service
Explanation:
A price floor represents a minimum price that can be legally charged for a product or service. A price floor is the lowest legal price that can be paid in markets for goods and services, labor, or financial capital. There are many goods which have price floors imposed by the government; for example agriculture good. In an organizations, unions may also impose price floors which could be the minimum rates for the staff etc.
Answer:
4.5%
Explanation:
Stock R (Beta) = 1.5
Stock S (Beta) = 0.75
Expected rate of return on an average stock (Rm)= 10%
Risk free rate (Rf) = 4%
Required Return (Re) = Rf +(Rm-Rf) B
Required Return = 0.04 + (0.10-0.04) B
Required Return = 0.04 + 0.06B
Stock R = 0.04 + (0.06 * 1.50)
Stock R = 0.04 + 0.09
Stock R = 0.13
Stock R = 13%
Stock S = 0.04 + (0.06 * 0.75)
Stock S = 0.04 + 0.045
Stock S = 0.085
Stock S = 8.5%
Here, the more risky stock is R and less risky stock is S. Since, R has more beta than the Stock S.
= 13% - 8.5%
= 4.5%
Here is the answer. When journalizing a transaction, and a short explanation is written, this is called a MEMORANDUM. This is <span>a form on which a brief message is written describing a transaction. Hope this answers your question. Have a great day!</span>