Answer:
d. Using the chained CPI will not have a notable impact on 2019 tax returns.
Explanation:
when amounts are indexed using the chanined consumer price index, they increase slowly because there is a period to period connection in the consumer price index.
Therefore, The use of the chained consumer price index would have not have any significant impact on 2019 tax returns.
The right answer for the question that is being asked and shown above is that: "A. Company A makes bold moves and grows rapidly." <span> The company that would be most risky to invest in is that </span><span>A. Company A makes bold moves and grows rapidly.</span>
Answer:
C. $32,900
Explanation:
The computation of the beginning retained earning balance is shown below"
As we know that
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
$51,100 = Beginning retained earning balance + $22,500 - $4,300
$51,100 = Beginning retained earning balance + $18,200
So, the beginning retained earning balance would be
= $51,100 - $18,200
= $32,900
Answer:
Beckett Co received $ 10.699,65
Explanation:
We have to determnate the balance of the invoice after the returned and the discount granted. We also have to receive the freight from the customer as we prepaid them to refund this amount against the customer:
invoice balance:
11,700 nominal less 1,350 return = 10,350
discount granted: 10,350 x 1% = (10.35)
freight refund <u> 360 </u>
total cash proceeds: 10.699,65
Answer:
15.26%
Explanation:
Given:
Expected return = 15.1% = 0.151
Expected loss in recession = - 8% = - 0.08 [negative sign depicts loss]
Expected earning in a boom = 18% = 0.18
Probabilities of a recession = 2% = 0.02
Probabilities of a normal economy = 87% = 0.87
Probabilities of a boom = 11% = 0.11
Now,
Expected return = ∑ (Probability × Return)
or
0.151 = 0.02 × ( - 0.08) + 0.11 × 0.18 + 0.87 × Return on normal economy
or
0.151 = - 0.0016 + 0.0198 + 0.87 × Return on normal economy
or
0.151 - 0.0182 = 0.87 × Return on normal economy
or
Return on normal economy = 0.1526
or
= 0.1526 × 100%
= 15.26%
