Answer:
The expected return=17.78 percent
Explanation:
Step 1: Determine risk free rate, beta and market risk premium
risk free rate=4.5%
beta=1.28
market risk premium/return on market=12%
Step 2: Express the formula for expected return
The expected return can be expressed as follows;
ER=RFR+(B×EMR)
where;
ER-expected return
RFR=risk free rate
B=beta
EMR=expected market return
replacing with the values in step 1;
ER=(4.5)+(1.28×12)
ER=4.5+13.28
ER=17.78
The expected return=17.78 percent
Answer:
Moonligh Bay Resorts will report a Non-current liability of $126 million
Explanation:
The question is to determine whether Moonlight Bay Resorts is to report an asset (current or non-current) or a liability (current or non-current) in its December 31st 2021 Balance Sheet
The step is to determine the classification of the items in the balance sheet
This is done as follows
Description Amount ($)
Total Deferred Tax liability (168 million + 120 million) 288 million
(Deferred tax liabilities related to
both current and non-current assets)
Total Deferred tax asset (102 million + 60 million) (162 million)
The net deferred tax liability 126 million
Since, under the International Financial Reporting Standards Deferred Tax Liability is a Non-current liability, it means <u>Moonligh Bay Resorts will report a Non-current liability of $126 million</u>
Answer:
B. Diplomatic Relations
Explanation:
Anything involving peaceful relationships and communications between multiple countries is diplomatic relations
D, minimalism, since they want to get rid of items
