Answer:
Okay, but where is the question or it's free points?
Answer:
Ending balance of assets is $ 857,100
Explanation:
Computation of total assets of Kirk Corporation
Opening Assets $ 851,000
Purchase of equipment $ 6,100
Purchase of supplies for cash $ 0
Sale of land at cost $ 0
Agreement for storage space <u>$ 0</u>
Ending balance Assets $ 857,100
Purchase of equipment on credit increases assets
Purchase of supplies for cash is neutral. Supplies ( considered as included in inventory) is paid in cash asset increases and decreases
Sale of land at cost is also neutral for asset purposes
Agreement to rent storage space is not an executed transaction
Answer:
r = 0.235 or 23.5%
Explanation:
Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.
The formula for required rate of return under CAPM is,
r = rRF + Beta * rpM
Where,
- rRF is the risk free rate
r = 0.06 + 2.5 * 0.07
r = 0.235 or 23.5%
I'd say since my mother went to Franciscan university for the same reason I'd try that one.
Answer:
A. The man and the remaining woman will be tenants in common
Explanation:
When two or more people have ownership of common property, they are termed to be joint tenants. The ownership is shared by each of the persons. Also, they lie a joint right to all the members to either keep or dispose of the property. This is a legal agreement among the members under which they share equal rights and responsibilities.
Tenancy in common is an option that provides percentage-based ownership. This provision helps in trading the property as per the choice of any of the owners.
As per the given excerpt, the true sentence is that the man and the remaining woman are tenants in common of the property.