Answer:
10.5%
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
where,
Risk free rate of return = 7%
Market rate of return = 14%
And, the beta is 0.5
So the expected return is
= 7% + 0.5 × (14% - 7%)
= 7% + 0.5 × 7%
= 7% + 3.5%
= 10.5%
Answer: Prior period adjustment resulting from the correction of an error.
Explanation:
The Cash basis method is not acceptable under both IFRS and U.S. GAAP accounting principles and these are the principles followed by the majority of the world so Lore Co. was using the cash basis in violation of both conventions which means that their accounting records before the change are considered wrong and full of errors.
In changing to the acceptable principles, they are correcting that error and need to adjust prior periods for that error as well.
Answer:
a. reserve requirements, the discount rate, and open-market operations.
Explanation:
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
Additionally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).
The three (3) primary policy tools available to the governmental officials in charge of our country's monetary policy are reserve requirements, the discount rate, and open-market operations.
sold 500 tickets therefore it is not economically efficient
Answer:
C) twelve weeks of unpaid family or medical leave during any twelve-month period.
Explanation:
The Family and Medical Leave Act of 1993 provides employees with temporary medical leave when:
- their child is born (or they adopt a child) and they must take care of him/her
- if their spouse (husband or wife), child under 18, or parent has a serious health condition
- when the employee himself/herself has a serious medical condition and cannot work
