Answer:
Loan percentage = 33.33%
Amount spend on food = 7200
Explanation:
Monica's salary is 45000
Amount spend on loan is 15000
The percentage of amount spend on rent
=15000/45000 x100
=0.33333 x 100
=33.33 %
Amount spend on loan = 15,000
The remaining amount = 45,000 - 15,000
=30,000
24% of 30,000 is spent on food
Actual amount = 24/100 x 30,000
=0.24 x 30,000
=7200
Amount spent on food = 7200
Answer:
The correct answer would be, Fundamental Attribution Error. Dan's tendency to ignore bob's sickness and focus on his traits as a reason for his poor performance exemplifies Fundamental Attribution Error.
Explanation:
When people focus on the internal factors such as personality or disposition to explain someone's behavior in a certain situation, and ignoring the external factors like situational influences, the person is said to be exercising the Fundamental Attribution Error.
Just like in this question, Bob was sick, which is an external factor, due to which he was unable to perform well in the presentation. His colleague told to audience that bob is timid and lacks confidence, which is an internal factor of bob. So Dan exercised the Fundamental Attribution Error.
Answer:
a. As a result of the price increase in corn, the supply of corn would increase. At the same time, the amount of acreage used in corn production would increase.
b. The most likely cause of the change in the amount of acreage used in corn production is:
A. The higher price signals suppliers that corn is becoming more valuable.
Explanation:
With corn as the major ingredient for the production of ethanol biofuel the demand and supply of corn increase to match with the increasing price. Suppliers, on their part, increase production by utilizing more acreage of land devoted for corn production. This is the typical interplay between the market forces that drive market equilibrium.
Answer:
13%
Explanation:
the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]
the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%
Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.
Answer: a. Increase in financing activities for the issuance and a decrease in financing activities for the dividends.
Explanation:
When using the Indirect method of the Cash Flow Statement, you will find 3 sections namely, the Operating Activities, Investing Activities and Financing Activities.
The Operating Activities deal with the normal business Transactions and related entries that keep the business running.
Investing Activities have to do with entries related to Non Current Assets as well as stocks and bonds in other companies.
The above relates to the Financing Section that handles the raising of Capital needed to run the business. They include long term debt and Equity.
When new Equity is announced it is a Cash inflow for the business meaning that there will be an INCREASE in Financing Activities.
Dividends have the effect of reducing Equity so it is a Cash Outflow. This means that there will be a DECREASE in Financing Activities as a result of the declared Dividends.
