A public enterprise is an industrial or commercial undertaking which the government owns and manages. Also, the primary objective of such an enterprise is social welfare and upholding the interest of the general public
Answer: 4.7%
Explanation:
Expected return is calculated as:
= Risk free return + Beta ( Market risk premium)
10.8% = 5% + (1.22 × Market risk premium)
10.8% - 5% = 1.22market risk premium
5.8%/1.22 = market risk premium
Market risk premium = 0.058/1.22
Market risk premium = 0.047
Market risk premium = 4.7%
Answer:
A) $84,500
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
Hence, amount of cash provided by operating activities
= -$3,000 + $1,000 + $1,500 + $85,000
= $84,500
The increase in asset other than cash is an outflow, increase in liability is an inflow of cash. Depreciation is a non-cash item added back while increase in building and bond payable are investing and financing activities respectively.
Answer:
$1.07
Explanation:
The marginal cost measures the change in total cost of adding on more worker divided by the change in product for this additional worker (marginal product of labor). When adding one more worker, costs will increase by $80 (wage rate), while product will increase by 75. Therefore, the marginal cost is:
The marginal cost is $1.07.
Answer:
$3,799
Explanation:
The total bill amount is
Before that The computation of the fixed cost and the variable cost per minute by using high low method is computed
Variable cost per minute = (High bill cost - low bill cost) ÷ (High minutes - low minutes)
= ($4,500 - $2,630) ÷ (480 - 160)
= $1,870 ÷ 320
= $5.84
Now the fixed cost equal to
= High bill cost - (High minutes × Variable cost per minute)
= $4,500 - (480 × $5.84)
= $4,500 - $2,803
= $1,697
Now the total bill would be
= Fixed cost + expected minutes × variable cost per minutes
= $1,697 + 360 × $5.84
= $1,697 + $2,102
= $3,799
