Answer:
The journal entry is as follows:
Cash A/c Dr. $18,000
Equipment (Fair value) A/c Dr. $9,000
To N's capital $27,000
(To record the investment bought by Nichols)
Workings:
Cash contributed by Nichols = $18,000
Equipment's Book value = $6,300
Fair value of equipment = $9000
Nichols capital = $18,000 + $9,000
= $27,000
Answer: Cross-functional
Explanation:
A cross-functional team is a group of organization that works together to achieve a functional goal. Toyota, Ford, and Cisco are doing so in this narrative.
Answer:
<em>A hedge is an investment that is made with the intention of reducing the risk of adverse price movements in an asset. </em><em>Managers hedge because they are undiversified</em>
Answer:
c. 8.40%
Explanation:
Use CAPM formula to solve this question;
CAPM r = risk free + beta(Market risk premium)
expected return ;r = 12.50% or 0.125 as a decimal
0.125 = 0.02 + 1.25 (MRP)
subtract 0.02 from both sides;
0.125 - 0.02 = 1.25MRP
0.105 = 1.25MRP
Divide both sides by 1.25 to solve for MRP
0.105/1.25 = MRP
0.084 = MRP
Market risk premium (MRP) is therefore 8.40%
<span>When trying to finance higher education, one should first turn to scholarships and grants. Scholarships and grants are free money given by either the government or the educational institution that is there to recognize outstanding pupils in the area they are great in. Following that, one should turn to federal student loans as they offer a low interest rate, followed finally by private loans.</span>