Answer:
As factors of production, the reward for land is rent, capital is interest, labour is wages and salaries and entrepreneur is profit.
Answer: (A) and (D)
Explanation:
(A)
Since it is a nationally renowned photography business, it has been running for sometime. Most likely hence, it has been operating as a registered nonprofit organization and the top 10 clients were owners of local charities
(D)
Janice sold the securities to the 40 clients 25 days after filing her registration statement with the Securities and Exchange Commission.
The question says she "decided" to sell those securities on the 5th day after filing her registration statement. It didn't say she sold it on that day.
So, if we sold the securities 25 days after, her court case would be different.
For first one this is the answer
use the photomath app it is really good try it.
Answer: See explanation
Explanation:
The flotation cost adjustment that must be added to its cost of retained earnings will be calculated thus:
= Expected dividend / [Current price × (1 - Floatation cost)] + Expected growth rate
= 2.00/[20.00 × (1 - 4.5%)] + 4.2%
= 2.00 /[20.00 × (1 - 0.045)] + 0.042
= 2.00 / (20.00 × 0.955) + 0.042
= (2.00/19.10) + 0.042
= 0.104712 + 0.042
= 0.146712
New cost of equity = 14.67%
You didn't give the cost of equity calculated without the flotation adjustment. Let's assume that this is maybe 11%, the floatation on adjustment factor = 14.67% - 11% = 3.67%
