Answer:
Advancement is part of the <u>"drive to acquire."</u>
Explanation:
The 4 drive theory includes:
Drive to acquire: move up, gain status and respect (such as with a new prestigious job)
Drive to Bond: to form social relationships
Drive to learn: satisfy curiosity
Drive to defend: protection and security
Answer: 26.73%
Explanation:
You can calculate the expected return using the Capital Asset Pricing Model (CAPM).
Formula is:
Expected return = Risk free rate + beta * (Market return - risk free rate)
Use the previous figures to solve for the risk free rate:
20.47% = Rf + 1.39 * (16.50% - Rf)
20.47% = Rf + 22.935% - 1.39R
20.47% - 22.935% = Rf - 1.39Rf
-2.465% = -0.39Rf
Rf = -2.465% / -0.39
= 6.32%
New expected return is:
= 6.32% + 1.39 * (21% - 6.32%)
= 26.73%
Answer:
the journal entry to record the loan:
E.g. January 1, 202x, loan made to Ryan Company
Dr Notes receivable 69,000
Cr Cash 69,000
the journal entry to record the collection of the note:
E.g. January 31, 202x, note collected from Ryan Company
Dr Cash 69,575
Cr Notes receivable 69,000
Cr interest revenue 575
interest revenue = $69,000 x 10% x 30/360 = $575
