Answer:
a. $510.000
b. $22.500 gain
c. $16.785 gain
Explanation:
a. Kevin bought in total 1750 shares, and for it he spent $510.000
So 1 share is $291,43
b. He bought 500 shares 12.12.2018 for $140.000, then he sold those 500 shares for $162.500. Difference is the gain of $22.500
c. Not knowing from which batch of shares did he sell his shares we already know that avg 1 share is $291,43, so 500 share is $145.715 and he has sold 500 shares for 162.500. Difference is the gain of $16.785
Answer:
(a) 12.75%
Explanation:
Given that,
Beta = 1.5
Risk-free rate = 4.5 percent
Expected return on market portfolio = 10 percent
Here, we are using CAPM:
(a) Expected rate of return for Acer common stock:
= Risk free rate + beta (Expected return on market Portfolio - Risk free rate)
= 4.5% + [1.5 (10% - 4.5%)]
= 0.045 + (1.5 × 0.055)
= 0.045 + 0.0825
= 0.1275 or 12.75%
(b) This rate is known as the fair rate which compensates the holder or investor for assuming the risk associated with it and for the time value of money.
I think it’s a sorry if i’m working
Answer: Accounts Payable
Explanation:
The General Ledger has a record of all the financial transactions that take place in the company. It therefore has an Accounts Payable account that records payables that the company has incurred.
The firm will also have an Accounts Payable Ledger that will also record the payables that the firm has incurred. When the entries have been made in this ledger and also in the General Ledger, the balances should be equal to reflect proper record keeping.
If the balances are not equal then an accounting error has been made that needs to be found and rectified.