Life insurance is the answer
Answer:
The average product for the 10 workers is 350 sandwiches per month.
Explanation:
Average product is given by total output divided by total labor used
Total output per month = 3500 sandwiches
Total labor used per month = 10 workers
Average product = 3500 ÷ 10 = 350
Average product for the 10 workers is 350 sandwiches/month
Answer:
$1,200
Explanation:
Since the promissory note is accepted by Dallas Corporation for the period of only four months in the Year 1 i.e. from the September 1, Year 1 to December 31, Year 1, therefore the interest revenue will be accrued for the period of four months which shall be calculated using the below mentioned equation:
Interest revenue=Promissory note amount*interest rate*4/12
=$30,000*12%*4/12
=$1,200
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
25%
Explanation:
Data provided
Risk free return = 3%
Beta = 2
Expected return on the market portfolio = 14%
Risk-free rate of return = 3%
The computation of cost of retained earnings is shown below:-
Cost of retained earnings = Risk free return + Beta × Risk premium
= 3% + 2 × (14% - 3%)
= 3% + 2 × 11%
= 3% + 0.22
= 25%
Therefore, for computing the cost of retained earning we simply applied the above formula.
