16. The right-hand side of the balance sheet should include entries for B. both the liabilities and the owner's equity. This side is the credit side. The left-hand side is the debit side. It is composed of the assets only.
17. The descriptive entry under the owner’s equity should appear as C. Tom Cotton, Capital.
18. A single ruled line should be drawn on the column line above the amount for total assets, total liabilities, and owner’s equity EXCEPT for C. Total Liabilities and Owner’s Equity.
19. A double-ruled line should be drawn under the amount for B. both total assets and total liabilities and owner’s equity.
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Answer:
Concurrent condition.
Explanation:
Concurrent condition is a condition which should occur or be performed simultaneously with another condition, the performance by each party separately operating as a condition precedent.
<span>Making a large down payment on a loan will decrease the overall amount of money borrowed and lower the APR. In addition, ensuring you have a high credit score will get you the best possible APR. The higher your credit rating, the more trustworthy you appear when it comes to paying back the loan.</span>
Answer:
The answer is option ( C.) Increase of 1.06 percent
Explanation:
Data provided in the question:
Cost of equity = 14.6%
Market risk premium = 8.4%
Risk-free rate = 3.9%
Company's beta = 1.4
Now,
Expected Return = Risk-free rate + ( Beta × Market risk premium )
= 3.9% + ( 1.4 × 8.4% )
= 3.9% + 11.76%
= 15.66%
Therefore,
The change in firm's cost of equity capital = 15.66% - 14.6%
= 1.06%
Hence,
The answer is option ( C.) Increase of 1.06 percent
Answer:
Explanation:
Carole can use the information gathered by the survey in order to see what the potential customers are thinking about the product. This will allow Carole to decide whether or not changes need to be made to the product in order to increase the overall positive feedback and at the same time increase sales for that product. The more potential customers feel positively towards the product the more individuals will actually purchase it.