Answer:
Amount of Check = $784
so correct option is a. $784
Explanation:
given data
Merchandise on account = $1,000
Long Company returns = $200
credit terms = 2/10
n/30
to find out
What is the amount of the check
solution
we know here that Total Merchandise will be
Total Merchandise = Merchandise on account - returns ....................1
Total Merchandise = $1000 - $200
Total Merchandise = $800
and
discount will be here
Discount = 0.02 × 800
returns = $16
so
Amount of Check will be as
Amount of Check = Total Merchandise - Discount ...................2
put here value
Amount of Check = Total Merchandise - Discount
Amount of Check = $800 - $16
Amount of Check = $784
so correct option is a. $784
Answer:
€2,500 million
Explanation:
Data provided as per the requirement of estimated benefit to the population is here below:-
Benefit of the tariff reduction = €5
Size of population = €500 million
The computation of estimated benefit to the population is shown below:-
Estimated benefit to the population = Benefit from tariff reduction × Size of population
= €5 × €500 million
= €2,500 million
Therefore for computing the estimated benefit to the population we simply applied the above formula.
Answer:
a) The required rate of return is 14.75%
b) The expected return on this stock is 16% which is more than its required rate of return 14.75%, thus it is underpriced.
Explanation:
a)
Using the SML equation, we can calculate the required rate of return (r) of a stock.
r = rFR + β * (rM - rFR)
r = 6% + 1.25 * (13% - 6%)
r = 0.1475 or 14.75%
b)
The SML shows the return that is required on a security based on the risk is carries. Using SML we calculate the required rate of return which is the percentage return that investors require a security to provide.
If the expected return is greater than the required rate of return which means that security is expected to provide more than is required then the security is underpriced.
The expected return on this stock is 16% which is more than its required rate of return 14.75%, thus it is underpriced.
Answer:
The correct answer is A
Explanation:
Economic well being is described or states as having the future as well as the present financial security. It involves the ability to make the choices of the economic and have a sense of satisfaction, security and the personal fulfillment with the one's employment pursuit and the personal finances.
So, in order to assess or evaluate the economic well being, one should compare the situation of his or her economic well being with that of most of the people who are alive today.
