Answer:
a)- the income effect is greater than the subsitutuion effect
Explanation:
Answer:
b. Securities and Exchange Commission
Explanation:
Registration by coordination is a form of state registration which coordinates state registration of security with simultaneous federal registration of that security. Securities are registered at the federal level under the Securities Act of 1933. The Securities and Exchange Commission defends investors, improves fairness in the salvation businesses, and bestows erudition concerning corporations including investment experts to assist investors to originate acquainted determinations furthermore spend by confidence. To utilize Registration by Coordination, an issuer requires to register a registration affirmation by the <u>Securities and Exchange Commission</u>.
To see if he has a history of good credit.
Answer: 13.61%
Explanation:
The Security Market Line is the Capital Asset Pricing model graphed the required return can be found using CAPM.
= Risk free rate + beta ( Market return - risk free rate)
Use the longer term rates for CAPM so use the T bond rate of 5.25% for risk free rate and use the 14.75% for the market return.
= 5.25% + 0.88 * ( 14.75 - 5.25%)
= 13.61%
Answer:
The journal entry that Franz would make to record payment of this note would include:
credit to Note Receivable for $5,000
credit to Interest Revenue for $25
debit to Cash for $5,025
Explanation:
Franz Co. accepted a 30-day, 6% note in the amount of $5,000 from Bria Co., on January 1.
The amount of the interest per year = 6% x $5,000 = $300
The amount of the interest per month = $300/12 = $25
On January 31, the due date of the note, Bria honors the note and pays in full. The journal entry to record the collection in Franz Co. :
Debit Cash $5,025
Credit Note Receivable $5,000
Credit Interest revenue $25