Answer:
Equity Beta = 1.1413
Explanation:
The formula to find the asset beta is
Asset Beta = Equity Beta/(1+(1-tax rate)(Debt/Equity))
We will put the values given in the question in this formula
Asset Beta = 0.8
Tax rate = 0.36
Debt = 0.40
Equity = 0.60
0.8=Equity Beta/(1+(0.64)(0.40/0.60)
0.8=Equity Beta/1+0.4266
0.8=Equity Beta/1.4266
1.4266*0.8= Equity Beta
Equity Beta = 1.1413
In November, two months before year-end, the bookkeeper erroneously recorded the receipt of a one-year bank loan with a debit to cash and a credit to interest revenue. The most effective method for detecting this type of error is to Send a bank confirmation as of year-end.
A business may additionally have sales in a given time period that includes invoices they have got sent out to customers, in addition to coins bills that have been made at the time of a buy. All of these incomes are included as revenue during that term.
Sales are described as the profits generated through a commercial enterprise' number one operations. Its miles are often known as the “pinnacle line” and are proven at the top of an earnings announcement. internet income is an accounting time period that refers to the entire revenue minus the entire costs for any given length.
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it's an interveiw targetting a speciffic skill or Competncy
Answer
Hi,
This type of communication could be interpersonal communication or formal communication
Explanation
Interpersonal communication occurs in company when it is done between two or more individuals at a workplace. For this case, the communication was between the vice president of research and development and the vice president of marketing. This could also be a formal communication where a hierarchy at the workplace is followed because the two vice presidents from different departments first talked before involving junior staff members. In this case, the two vice presidents are communicating formally with each other to get work done.
Welcome!
Answer:
Option A is correct.
<u>A decrease in the Equity Investment account</u>
Explanation:
Dividend received amount decreases the investment account. Net income interest in investee account is added to the investment account.