Answer:
jurors are informed about certain facts prior to hearing them
Explanation:
The definition for interest in terms of finance is interest is the cost of borrowing. Therefore the correct option is (B).
<h3>What is Finance?</h3>
Finance refers to the money or the funds required by the company to undertake the business projects. Here, finance is the separate field of the study taught to the management students.
Interest refers to the amount charged to the borrower to the lender on the loan facility provided to them. Every lender charges the rate of the interest according to his will.
Bank also charge the rate of the interest on the loan provided to the customer. Therefore the correct option is (B).
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Answer: $0
Explanation:
Forward contracts get their value from the cost and on December 1, there was no cost to Curtis as he Curtis had just signed the contract.
This means that the amount that should be recorded for the Forward Contract should be $0. Even though the contract is valued at $0, it will still need to be credited against the amount to be received to at least recognize that a forward contract was entered into.
Answer:
2.
Explanation:
The current liability for Wages Payable (or Accrued Payroll) represents the net pay earned by employees for which they have not yet been paid. This amount is entered into the company's balance sheet as a entry that is being adjusted and is then changed at the end of the month as a current liability that the company needs to pay.
Answer:
The required rate of return of the portfolio is 13.62%
Explanation:
The required rate of return is the minimum return that investors require to invest in a stock or portfolio. The required rate of return can be calculated using the CAPM formula for required rate of return. The formula is,
r = rRF + Beta * rpM
Where,
- rRF is the risk free rate
- beta is the stock/portfolio's beta or measure of risk
- rpM is the risk premium on market
r = 5.82% + 1.3 * 6%
r = 0.1362 or 13.62%
