Answer: 8.79%
Explanation:
The premium or discount as a percent of NAV will be calculated thus:
NAV will be calculated as:
= (Market value of portfolio - liabilities ) / shares outstanding
= ($310 million - $3million) ÷ 10 million
= $30.7 per share.
Then, the calculation for the discount percent will be:
= (selling price - NAV) / NAV
= ($28 - $30.7) / $30.7
= ($-2.7) / $30.7
= (0.0879)
= 8.79%
Therefore, NAV is trading at discount of 8.79%
Explanation:
December 31, 2016: To record accrued wages for one day (10 workers × $145) = $1,450.
January 4, 2017: To record accrued and current wages.
Wages expense = 10 workers × 3 days × $145 = $4,350
Cash = 10 workers × 4 days × $145 = $5,800.
See attached photo.
Answer:
The total number of firms in this industry will decrease in the long run because increased competition will mean lower profit margins which will lead to some firms earning sub normal profits which will force them to leave the industry.
Explanation:
Answer:
$78,375
Explanation:
Actual HVAC usage = 500 + (500 × 10%) = 500 + 50 = 550
Total HVAC income before credit loss = 550 × $150 = $82,500
Total HVAC income before credit loss = $82,500 - ($82,500 × 5%) = $82,500 - $4,125 = $78,375
Therefore, the approximate heating, ventilation, and air conditioning (HVAC) revenue the landlord will realize is $78,375.
Conscience is the inner feeling which tell us what is right or wrong. It controls our actions, thoughts and behavior. So the answer is: In ethics, our conscience is what tells us whether something is <span>a. Wrong or right</span>.
