Most of the times when a personnel is sent for an official business trip, transportation and lodging, and sometimes even meals are shouldered by the company.
In the statement given above, it is noted that the meals that Melissa took are considered personal in nature. Hence, she can deduct this from the business expenses.
Answer:
17.10%
Explanation:
The computation of the cost of equity is shown below:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 6.10% + 1.25 × 8.8%
= 6.10% + 11%
= 17.10%
The (Market rate of return - Risk-free rate of return) is also known as market risk premium and the same is applied.
All other information which is given is not relevant. Hence, ignored it
Answer:
$1,250
Explanation:
Given the following :
Amount of marginable stock customer wishes to buy = $7,500
Restricted margin account with $2500 of SMA
Since the account is a restricted margin account, that is (account has fallen below intial requirement). There must be a deposit of 50% in the regulation T account.
Hence, to purchase a marginable stock of $7,500;
50% of $7,500 should be deposited;
50/100 × 7,500 = $3750
Since there is $2500 of SMA in restricted margin account
Hence, the amount needed will be ;
($3,750 - $2,500) = $1,250
Answer:
This is true because babies still have no conscience to choose what kind of products they want to buy. In this case, the target would be the parents who want to offer their children quality toys at a price that is consistent with the market. So the technique would be to sell the product for the qualities that are beneficial for the baby and at the same time flashy, so that the parents make the purchase decision.
