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Margarita [4]
3 years ago
13

Taggart Inc s stock has a 50 chance of producing a 36 return a 30 chance of producing a 10 return and a 20 chance of producing a

28 return What is the firm's expected rate of return Do not round your intermediate calculations
Business
1 answer:
olchik [2.2K]3 years ago
5 0

Answer:

26.3%

Explanation:

To calculate Taggart's expected rate or return (RoR) we must multiply each possible RoR times its relevant weight, and then add all the results:

Taggart Inc. expected rates of return:

50% x 36% RoR = 18% RoR

30% x 10% RoR = 3% RoR

<u>20% x 28% RoR = 5.6% RoR   </u>

Taggart's RoR = 18% + 3% + 5.6% = 26.3%

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According to the OOH, what are some educational, training, certification, or licensing options required or helpful for Chefs? Ch
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Oak Corp., a calendar-year corporation, was formed three years ago by its sole shareholder, Glover, and has always operated as a
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Answer:

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The Break-Even Point in your business is when
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3 years ago
Identify which accounts should be closed on May 31.
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Answer:

Cash   ___________________ Not Closed

Supplies _________________Not Closed

Prepaid Insurance _________ Not Closed

Land  ___________________Not Closed  

Buildings ________________Not Closed

Equipment _______________Not Closed

Accounts Payable _________ Not Closed

Unearned Rent Revenue ____Not Closed

Mortgage Payable _________Not Closed

Common Stock ___________Not Closed

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Salaries and Wages Expense_Closed

Utilities Expense __________ Closed

Advertising Expense _______ Closed

Interest Expense __________ Closed

Insurance Expense _________Closed

Supplies Expense __________Closed

Depreciation Expense _______Closed  

Explanation:

In accounting, there are two types of accounts

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Temporary accounts are closed at the end of each accounting period and new balance are maintained for the new period.

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In this question following accounts are temporary accounts and these are needed to be closed at the end of the period.

Rent Revenue  

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Utilities Expense  

Advertising Expense

Interest Expense

Insurance Expense

Supplies Expense  

Depreciation Expense

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Permanent accounts are not closed at the end of each accounting period and they carried their net and accumulated balance in the next period.

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In this question following accounts are permanent accounts

Cash    

Supplies  

Prepaid Insurance  

Land

Buildings  

Equipment  

Accounts Payable  

Unearned Rent Revenue  

Mortgage Payable  

Common Stock  

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