The cost of equity for Tangshan Mining would be 18.00 percent if the expected return on U.S. Treasury Bills is 5.00 percent, the market risk premium is 10.00 percent, and the firm's beta is 1.3
Indicate whether the statement is true or false
TRUE
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Candace sells the muffins in her bakery at a higher price than the big-box grocery, but she has a steady stream of customers willing to pay what she asks. Candace also supports local charities. What would likely happen if she lowered her prices and stopped her charitable contributions?
A. Income taxes would decrease. B. Customers would go elsewhere. C. Business would increase. D. None of these are correct.
Tenants in common are owners with undivided shares of the whole
Indicate whether the statement is true or false
Core Concepts Inc,. has experienced stock returns of 8.4%, 6.3%, and 14.2% over the last three years. Over this time period, what has been the firm's arithmetic average annual rate of return?
A) 9.58% B) 9.63% C) 9.88% D) 9.92%
Which of the following statements is incorrect?
A. Adjusting entries can be used to record both accrued expenses and accrued revenues. B. Prepaid expenses, depreciation, and unearned revenues often require adjusting entries to record the effects of the passage of time. C. Accrued expenses and accrued revenues involve assets and liabilities that had not previously been recorded. D. Adjusting entries affect only balance sheet accounts. E. Adjustments to prepaid expenses and unearned revenues involve previously recorded assets and liabilities.