11.51%
The required rate of return = risk-free rate + Beta * (market risk premium)
Here, we multiply the beta of 1.32 times the market risk premium of 5.50%, then add the risk-free rate of 4.25% to get the required rate of return, or 11.51%.
Answer:
B. the global viewpoint supersedes national issues
Explanation:
A transnational organization is one that acts in a manner that is beyond the confines of a national state.
An organization may have its headquarters in a country while it's sales are generated in many countries across the globe.
Such an entity will act within the laws and regulation of the countries where the presence of its product is felt however major contributions about the product are not limited to just one country or state.
This defines a transnational organization. A good example is coca-cola.
The right option is B. the global viewpoint supersedes national issues.
Answer:
unearned service revenue 7,500 DEBIT
service revenue 7,500 CREDIT
Explanation:
the job is complete on July 31th
so <em>we write-off the unearned service reveue</em>
and <em>we recognize the service revenue </em>for the whole amount of the contract
The cash receipt occurs on March 1st so w edon't haveto post anythign related to cash on July 31th.
the unearned revenue account is used first because the business has the obligation of perform the job or return the cash. So it is a liablity until the job is completed
Answer:
$7,560
Explanation:
Calculation for the amount to be recorded as depreciation expense at December 31, 2017
Depreciation expense =( $116,800- $16,000 )
Depreciation expense = $100,800
Depreciation expense =$100,800 / 10 years
Depreciation expense = $10,080
Depreciation expense = 10,080 * (9/12)
Depreciation expense = $7,560
Therefore the amount to be recorded as depreciation expense at December 31, 2017 is $7,560
Answer:
Consider the following calculations
Explanation:
1.
Direct material $14
Direct labor (16*1.9) 3.04
Variable overhead (1.1*1.9) 2.09
Fixed overhead (1.5*1.9) 2.85
Unit product cost $21.98
2. Cost of budgeted ending inventory = 21.98*620 = $13, 628
