Answer:
5%
Explanation:
The security is 12.5%
The stock beta is 1.9
The risk free interest rate is 3%
Therefore the expected market return can be calculated as follows
12.5= 3 + 1.9×Market return
12.5= 3 + 1.9market return
12.5-3= 1.9market return
9.5= 1.9market return
market return= 9.5/1.9
= 5%
Hence the expected market return is 5%
Answer:
The oversupply of hospitals and in-patient beds in the U.S. produced by the Hill-Burton legislation is the result of:
E. A and C
(A. The advent of managed care and C. Technological advances).
Explanation:
Affordable Care Act produced a managed care system that aligns financial incentives to better care at lower costs. This has eliminated the need for in-patient admissions. This is because the Affordable Care Act also created Accountable Care Organizations (ACOs) which in turn are focused on boosting preventive efforts in order to attain quality goals. With preventive healthcare, there is reduced need for in-patient admissions to utilize the hospital beds.
Another factor that has reduced in-patient admissions is the prevailing technological advances, especially in the areas of telehealth and telemedicine. These have also drastically reduced the need for in-patients at hospitals, thus freeing more hospital beds as patients can now receive healthcare services from even remote locations.
Answer:
The attached shows the journal entries in respect of Novark Corp. transactions for the month of October.
Every transaction has two impacts-debit and credit
Explanation:
Journal is a book of prime entry where transactions that cannot be posted to other books of original entry are treated.
Journal entry also observes the duality concept of accounting where each transaction in two accounts,for every debit,there is corresponding credit and vice versa.
Journal can also be used to correct errors made while posting to books of account.
Answer:
Explanation:
Liberalisation is the process or means of the elimination of control of the state over economic activities. It provides a greater autonomy to the business enterprises in decision-making and eliminates government interference
Answer:
$23,602
Explanation:
For computing the estimated total fixed cost, first we have to determine the variable cost per unit which is shown below:
Variable cost per unit = (High cost of sales - low cost of sales) ÷ (High units sold - low units sold)
= ($59,000 - $29,400) ÷ (2,200 units - 360 units)
= $29,600 ÷ 1,840 units
= $16,09
And, the fixed cost equal to
= High cost of sales - (High units sold × Variable cost per unit)
= $59,000 - (2,200 units × $16.09)
= $59,000 - $35,398
= $23,602
