[ Answer ]
[ Explanation ]
Brisket - Cut from breast or lower chest. Brisket comes from a cow or veal
Brisket is ideal for smoking because of its high fat content. When smoking meat, if the meat does not have lots of fat and is thing, the smoking process can dry out the meat. With brisket, the meat is very fat, causing the meat not to dry out and getting a tender juicy flavor.
When lighting a campfire or barbecue, you may notice lots of smoke. The smoke may affect your breathing, make you thirsty, or dry you out. This is the same affect of the meats. The smoke provides lots more flavor for the meat, and dries it out, if there is not enough fat on the meat.
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Answer:
The correct answer is letter "C": People place a higher value on a good if they own it than they do if they are considering buying it.
Explanation:
The Endowment Effect reflects a situation in which people value an object more because they own it. The value they would give the object if they did not have it and were going to purchase it would be lower. This scenario takes place when people give a higher value to their objects because of emotional attachment.
Answer and Explanation:
The journal entries are shown below:
1. On Sep 30
Cash $15750
To Sales $15,000
To Sales taxes payable ($15000 ×5%) $750
(Being the cash receipts is recorded)
For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it increased the revenue and liabilities
2 On Sep 30
Cost of goods sold $12,000
To Merchandise inventory $12,000
(Being the cost of goods sold is recorded)
For recording this we debited the cost of goods sold as it increased the expenses and credited the merchandise inventory as it reduced the assets
3 On Oct 15
Sales taxes payable $750
To Cash $750
(Being cash paid is recorded)
For recording this we debited the sales tax payable as it reduced the liabilities and credited the cash as it decreased the assets
Answer:
The correct answer is 0.4%.
Explanation:
According to the scenario, the computation for the given data are as follows:
If no debt, then required return can be calculated by using following formula:
Required return ( no debt) = Risk free rate + Unlevered Beta × Market risk premium
= 6% + 1 × 4%
= 0.06 + 0.04
= 0.10 or 10%
If debt, then required return can be calculated by using following formula:
Required return ( with debt) = Risk free rate + levered Beta × Market risk premium
= 6% + 1.1 × 4%
= 0.06 + 0.044
= 0.104 or 10.4%
So, extra premium required = 10.4% - 10% = 0.4%
Answer:
Dividend yield = 227.06%
Explanation:
Assuming the Closing stock market summary for Baldwin company is $44.05
Dividend yield = Dividend * 100 / (Price* (1 + growth rate) )
Dividend yield = 1.10 * 100 / (44.05 * (1+0.10) )
Dividend yield = 1.10 * 100 / (44.05 * 1.10)
Dividend yield = 110 / 48.455
Dividend yield = 2.2706
Dividend yield = 227.06%
