Consumers often face a trade-ooff between Wants and Needs
Answer:
The expected return on this stock is 11.38%.
Explanation:
We apply the Capital Asset Pricing Model (CAPM) to solve the problem.
Under the CAPM, we have:
Return on a stock = Risk-free rate + Beta * ( Return on Market - Risk free rate).
in which:
Risk-free rate is given at 3.1%;
Beta is given at 1.15;
Return on Market is given at 10.3%;
So:
Return on a stock = Risk-free rate + Beta * ( Return on Market - Risk free rate) = 3.1% + 1.15 * ( 10.3% - 3.1%) = 11.38%.
Thus, the answer is 11.38%.
Answer:
operational information system
Explanation:
Based on the information provided within the question it can be said that the term being described is called an operational information system. This is basically a system used in a company that process' all the daily transactions of the organization in an efficient manner. The data is gathered, organized and summarized fast, autonomously, and efficiently, in order to be as comprehensive as possible for the use of the managers.
Answer and Explanation:
The Journal entry is shown below:-
Payroll Tax Expense Dr, $251.50
To FICA Taxes Payable $131.00
To Federal Unemployment Taxes Payable $22.00
To State Unemployment Taxes Payable $98.50
(Being the accrual of the payroll taxes is recorded)
Therefore, for recording the accrual of the payroll taxes we simply debited the payroll tax as it is an expense and credited FICA taxes payable, federal unemployment taxes payable and state unemployment taxes payable as its increasing the liabilities.
