Answer:
The cost of equity capital or expected rate of return is 7.22%
Explanation:
The expected rate of return or the required rate of return is the minimum rate of return required by the investors to invest in a stock or a portfolio of stock based on the systematic risk that a stock carries as represented by a stock's beta. The expected rate of return (r) of a stock can be calculated using the CAPM equation.
The CAPM equation is,
r = rRF + Beta * rpM
Where,
- rRF is the risk free rate
- rpM is the risk premium on market
r = 0.041 + 0.6 * 0.052
r = 0.0722 or 7.22%
Answer:
personally (in the stands of being you) . Intergrity is important to me because it helps us to be able to trust one another academically and professionally. Intergrity helps keep one another accountable. When we use integrity we are being honest with outselfs and others. Hope this helps let me know :)
Explanation:
Answer:
$46,100
Explanation:
Given costs are;
cash price = $43,000
Accident insurance = $4,200
Sales taxes = $3,100
motor vehicle license = $100
painting and lettering = $400
The cost to be included as the cost for the truck are all the cost required to bring the truck to a state where it is available for use.
From the given costs, these cost are cash price and Sales taxes. Others are to be expensed.
Cost of truck = $43,000 + $3,100
= $46,100
Answer:
$137,000
Explanation:
The computation of Budgeted cash collections in June is shown below:-
June sales collected in June = June Sales × Sale percentage
= $150,000 × 30%
= $45,000
May sales collected in June = May sales × Following month percentage
= $130,000 × 60%
= $78,000
April sales collected in June = June sales × Following second month percentage
= $140,000 × 10%
= $14,000
Total cash collections in June =June sales collected in June + May sales collected in June + April sales collected in June
= $45,000 + $78,000 + $14,000
= $137,000
Answer:
completed units = 9,500 gallons
Explanation:
gallons completed = beginning WIP inventory + units started during the month - ending WIP inventory = 1,000 gallons + 10,000 gallons - 1,500 = 9,500 gallons finished
units started and completed = total units started -ending WIP = 10,000 gallons - 1,500 gallons = 8,500 gallons