emission of greenhouse gases
Greenhouse gases are naturally present in the atmosphere in order to keep the earth warmer by trapping some of the sun's rays on earth. Greenhouse gases include water vapor, carbon dioxide, methane, nitrous oxide, ozone, chlorofluorocarbons, and hydrofluorocarbons.
Human activities contribute to the emission of greenhouse gases in the atmosphere through fossil fuel use, industrial processes, and intensive livestock farming, among others. Emission of large amounts of greenhouse gases can increase their natural levels in the atmosphere, possibly resulting to global warming.
Answer and Explanation:
a. The journal entries are shown below
Cost of goods sold ($354,700 - $331,550) $23,150
To Allowance for reduction in inventory to NRV $23,150
(Being allowance for reduction is recorded)
Allowance for reduction in inventory to NRV ($23,150 - ($413,510 - $394,540)) $4,180
To Cost of good sold $4,180
(being recording of the previous loss)
These two entries should be recorded at LCNRV method
Answer:
B. difference between the return on the market and the risk-free rate
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
where,
(Market rate of return - Risk-free rate of return) = Market risk premium
And all things remain constant.
Answer: Option D : Bond 12 sells at a premium (its price is greater than par), and its price is expected to increase over the next year.
Explanation:
Bond 12 sells at a premium (its price is greater than par), and its price is expected to increase over the next year because we can see that for larger cash flows from its higher coupons, Bond 12 would be neutral to interest rate changes, which implies that it will grow with less interest rate risk.