Answer:
b. JuneCorp can contest the legality of the law if all three scrutiny tests determine that the law is necessary.
Explanation:
Scrutiny test is a situation whereby the legislative arm of the government passes a law inorder to further government interest in a partivular situation or towards its citizens. Strict scrutiny is used to ensure that, the givernmental discrimination in its new law is constitutionally valid.
D mutual funds are generally a safe, long term investment with minimal risk.
Ignorance and procrastination of anything could lead to failure.
I believe the correct answers are
1. A) define a mission statement
2. C) Guerilla marketing
Answer: Provides a risk return trade off in which risk is measured in terms of beta (A)
Explanation:
The Capital Asset Pricing Model (CAPM) describes the relationship that exist between systematic risk and the expected return for assets, particularly stocks. The Capital Asset Pricing Model is widely used in finance for pricing risky securities and also for generating expected returns for an asset given the cost of capital and the risk of those assets.
The Capital Asset Pricing Model Formula is:
Expected Return= Risk-Free Rate+Beta( Market Return – Risk Free Rate).
For example, if the risk free rate is 10%, the market return is 15%, and the stock's beta is 3, then the expected return on the stock would be 25%
= 10% + 3 (15% – 10%)
= 10% + 3(5%)
= 10% + 15%
= 25%
Answer:
a) $-174,200 b) $531,600
Explanation:
This information can only be correctly disclosed through an income statement as shown below.
Belyk Paving Co
Income Statement
For the period---
$
Sales 2,396,000
Less: Cost of Goods Sold <u>1,429,000
</u>
Gross Margin 967,000
Less expenses:
Depreciation (490,400)
Selling and administrative expenses (<u>435,400) </u>
EBIT 41,200
Less: Interest Expenses (215,400)
EBT (174,200)
Less: 30% tax <u>0 </u> -- ( Note 1)
Net loss <u>(174,200)
</u>
a) Net Loss $ 174,200
b) Operating Cash Flow= EBIT- Taxes + Depreciation
= 41,200 - 0 + 490,400
= $531,600
Note 1: No tax is paid when EBT is negative
