A company has an estimated beta of −0.01. The risk-free rate of return is 3.89 percent, and the equity risk premium is estimated to be 9.45 percent. Using the CAPM, calculate the required rate of return for investors in that company. (Enter your angwer decimallzed number without the percent sign. Use four decimal ploces. For example. if your answer is 12.34%, enter 0.1234) Type your answer- Use Hamada's equation to find the unlevered beta (β U​ ) given the following: Levered beta (β E )=1.45 Weight of debt(D)=57.00% Tax rate (t)=23.00% (Enter your answer as a number with four decimal places, like this: 9.1234) Type your answer...

Answers

Answer 1

The unlevered beta (βU) is approximately 1.0083. To calculate the required rate of return using the CAPM, we can use the following formula:

Required Rate of Return = Risk-Free Rate + Beta * Equity Risk Premium

Given:

Beta (β) = -0.01

Risk-Free Rate = 3.89%

Equity Risk Premium = 9.45%

Required Rate of Return = 3.89% + (-0.01) * 9.45%

Required Rate of Return = 3.89% - 0.0945%

Required Rate of Return = 3.7955%

Therefore, the required rate of return for investors in that company, according to the CAPM, is 3.7955%.

Now, let's calculate the unlevered beta (βU) using Hamada's equation:

βU = βE / (1 + (1 - t) * D/E)

Given:

Levered beta (βE) = 1.45

Weight of debt (D) = 57.00%

Tax rate (t) = 23.00%

βU = 1.45 / (1 + (1 - 0.23) * 57.00%)

βU = 1.45 / (1 + 0.77 * 57.00%)

βU = 1.45 / (1 + 0.439)

βU = 1.45 / 1.439

βU = 1.0083

Therefore, the unlevered beta (βU) is approximately 1.0083.

Learn more about rate of return here:

https://brainly.com/question/17164328

#SPJ11


Related Questions

Critically evaluate FOUR factors your chosen organisation should consider when deciding on how best to enter a new market.

Answers

The actions of your new target audience, the ways in which they communicate, the ways in which they use different languages and currencies according to different markets and areas, and the regional laws.

A marketing idea known as "the four Ps of marketing" enumerates the four essential components of any marketing strategy. Product, pricing, place, and promotion make up the four Ps. The hypotheses were tested using the logit model and regression analysis. Findings show that four variables, including cultural and geographical distance.

Experience in foreign markets, risk spreading, and franchising system maturity, have a substantial impact on the entrance method decisions made by international franchisors. The global appeals test, which determines if any product or service will be well-received by overseas audiences, consists of five essential components.

To learn more about audience, click here.

https://brainly.com/question/28566711

#SPJ4

.Others at work see me as assertive. need answers for application

Answers

Answer:

yes

Explanation:

It is an ability to defend your rights without hurting those of others. An assertive person, therefore, is the one who can express his emotions, needs, and opinions to others without being forceful in any way

Deciding on the best means of transportation depends on ____.

a.
comfort, convenience, and safety
b.
personal preferences and income
c.
transportation needs and available choices
d.
All of the above.

Deciding on the best means of transportation depends on ____.a.comfort, convenience, and safetyb.personal

Answers

Answer:

all of the above

Explanation:

because it needs to be affordable safe and comfortable

Answer:

answer: all of the above.

Linda Baer has already saved $6,500 to buy a used vehicle. Ignoring taxes and assuming her money is invested in a money market account earning 3 percent compounded annually, how long will it take to buy a car that costs $9,000?

Answers

Answer:

11 years.

Explanation:

Below is the calculation for the time period:

Present value of the money = $6500

Interest rate = 3%

Future value of the money = $9000

Future value = Present Value (1 + r )^n

9000 = 6500 (1 + 3%)^n

9000/6500 = (1 + 3%)^n

1.3846 = (1.03)^n

Now solve for the value of n by taking ln on both sides.

Thus n = 11 years.

Valentino & Oaks Footwear sells 100 units of one of a famous brand daily. The supplier takes two days to deliver more, and they want to have a safety stock of three day's sales.


At what quantity should the inventory manager place his/her next order?

PLEASE TELL ME THAT SOMEONE KNOWS REORDER POINTS

Answers

Answer:

500 units

Explanation:

In inventory management, the reorder point is the inventory level, where a business needs to issue a purchase order for more stocks. The reorder point is influenced by delivery time, desired safety stock, and the average daily sales.

The formula for calculating the reorder point is as follows.

Reorder point = ( average daily sales x delivery lead time) + safety stock

In this case,

Reorder point = (100 x 2) + (100 x3)

= 200 +300

=500 units

Briefly describe a sensible equipment maintenance checklist appropriate for a travel booking agency with about four computers that are used to go online and make flight and hotel reservations and use dedicated calendar, appointment, and customer database software. Include in your description at least three discrete programs, systems, procedures, or operations that would go on this checklist. For at least one of the items on the list, describe in detail how you would actually use that procedure in practice, including how often the procedure should be performed

Answers

Answer:

Checklists are clear

Explanation:

checklist:-

Checklist is the simplest method for systematizing scoping of the likely effects of a proposed policy. They help point out areas that require a more detailed assessment. This way, checklists can help to organize the assessment and identify the most important issues.

Steps to create

Step 1: Do a “brain dump”

Step 2: Organize and prioritize tasks.

Step 3: Put them on your to-do list.

Step 4: Check off each item as you complete it.

Step 5: Continue adding items as they come up.

Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

To know more about social responsibility, click here.

https://brainly.com/question/24176816

#SPJ1

do you know the answer ​

do you know the answer

Answers

The sources of information for foreign employment Red, personal contacts abroad; Green, recruitment websites and the techniques of getting information of foreign employment notice board, websites etc.

What is foreign employment?

Going from one country to another country in the search of job and for the purpose of earning money is called foreign employment.

The foreign employment has the advantage that it has the ability to experience different cultures, customs, and traditions.

It provides the opportunity to develop a more global and open mindset.

Learn more about the foreign employment here:-

https://brainly.com/question/14324543

#SPJ1


Attitude is your belief in your own effectiveness.
Т
F

Answers

Answer:

f

Explanation:

this mf emmanuel made me get it wrong. its false bro trust

In a business, legal counsel is an important source of information and advice is solely responsible for making decisions about how to resolve a dispute. True or false?.

Answers

The resolution of disputes in the company is not just a task for attorneys to do. Legal counsel is a crucially essential source of information and guidance, but ultimately, the managers and owners of the firm decide how to resolve a disagreement.  Therefore the given statement is False.

The role of a legal counsel is that of a general attorney who works for the corporation and is not an independent contractor. To ensure that rules are followed, they collaborate with management and staff members inside their company.

A dispute is a disagreement, quarrel, or controversy that frequently results in legal action being taken (such as arbitration, mediation, or a lawsuit). It is argued that the opposing parties are at odds with one another (see also an adverse party).

To learn more about dispute

https://brainly.com/question/10678680

#SPJ4

2. Ownership of the resources used to create wealth is in the hands of the individuals is known as what?
a. private property right
b freedom of choice
c. profits
d. competition

Answers

I think it’s c search up with definition

4. Sweet Pea Company issued a $2,000,000 bond at 98% on January
1st. . The bond has a five year term and pays 8% interest annually
each December 31 st . Prepare the appropriate journal entries.

Answers

On January 1st, Sweet Pea Company issued a $2,000,000 bond at 98%. The bond has a five-year term and pays 8% interest annually on each December 31st.

Below are the journal entries that need to be made: To record the issuance of the bond: Cash - $1,960,000 (2,000,000 x 0.98) Discount on Bonds Payable - $40,000 Bonds Payable - $2,000,000 (To record the issuance of $2,000,000 bonds at 98%).

To record the payment of the interest expense on December 31st: Interest Expense - $160,000 (2,000,000 x 0.08) Discount on Bonds Payable - $6,400 ($40,000 / 5) Cash - $166,400 (To record interest payment).

To record amortization of discount on December 31st: Interest Expense - $166,400 Discount on Bonds Payable - $6,400 (To record the amortization of discount on bond payable).

Therefore, these are the appropriate journal entries for Sweet Pea Company issued a $2,000,000 bond at 98% on January 1st with a five-year term and pays 8% interest annually each December 31st.

To know more about interest visit:

https://brainly.com/question/30393144

#SPJ11

the heritage foundation index of economic freedom is based on ten indicators. what are four of those indicators? multiple select question. societal scale foreign investment regulations education policy taxation rules labor freedom trade policy

Answers

The heritage foundation index of economic freedom is based on ten indicators, four of those indicators are: taxation rules, labor freedom, foreign investment regulations, trade policy.

The Heritage Foundation and The Wall Street Journal established the yearly index and rating known as The Index of Economic Freedom in 1995 as a way to gauge how economically free each country is.

Property rights, freedom from corruption, government spending, fiscal freedom, business freedom, labor freedom, monetary freedom, trade freedom, investment freedom, and financial freedom are the 10 factors used by the Index of Economic Freedom to measure economic freedom in 184 nations.

A composite metric used to assess the effectiveness of political and economic institutions in various jurisdictions is known as an indicator of economic freedom.

The criteria used to determine rankings and scores in an index are determined by the index's designers and vary from index to index.

These indices were developed in response to the finding that economies with a stronger free-market foundation typically had higher levels of investment, faster growth, and higher average incomes.

Investors may quickly track developments in economies to which they are interested in exposure by using the index of economic freedom.

Hence, the four indicators are: taxation rules, labor freedom, foreign investment regulations, trade policy.

To know more about taxation, visit:

https://brainly.com/question/1133253

#SPJ4

Tia is going to carry a large piece of scrap metal to the dumpster. It's heavy and
has sharp edges. What PPE should she use to keep herself safe?

Answers

She needs a full complement of personal protective equipment, or PPE, for workers in a scrap metal facility. This includes protective eyewear, footwear, helmets, and gloves.

Personal protective equipment

Personal protective equipment is the equipment that is used to protect us from harm or danger.

They are an important part of the costume in manufacturing industries and even in our homes.

For Tia that is going to carry a large piece of scrap metal to the dumpster, she needs a full complement of personal protective equipment, or PPE, for workers in a scrap metal facility. This includes protective eyewear, footwear, helmets, and gloves.

Learn more on PPE here: https://brainly.com/question/13720623

Money and Culture, Discuss the role of the International Monetary Fund in global trade and how this differs from the role of the World Bank.

Answers

The International Monetary Fund (IMF) and the World Bank are two important international organizations that play a significant role in global trade and finance.

The International Monetary Fund (IMF) is an international organization created to promote international monetary cooperation and exchange rate stability, facilitate balanced international trade, and provide resources to help member countries facing economic difficulties.

The IMF was established in 1944 at the Bretton Woods Conference in New Hampshire, USA, with the aim of stabilizing the international monetary system and preventing economic crises like the Great Depression of the 1930s. The organization has since grown to include 190 member countries. The IMF provides loans and financial assistance to countries experiencing economic difficulties, often in exchange for economic policy reforms designed to promote economic stability and growth.

To learn more about Monetary Fund visit here:

brainly.com/question/14548372

#SPJ4

Which of the following is a sign of a strong economy?

Answers

Answer: Here are a few signs:

Explanation: There is much to sell and the buissness is booming. The country/state/area is able to get the food and water and etc for their country and have a lot of money.

describe the critical policy issues related to access to care, cost of care, and quality of care.

Answers

The critical policy issues related to access to care, cost of care, and quality of care.

What is issues?

Issues are problems or matters of concern. They can range from minor, everyday concerns to major global issues, such as climate change and poverty. Issues are often the subject of political, social, and economic debate.

Access to Care:

Ensuring equitable access to care for all people, regardless of income, race, ethnicity, or other factors.

Reducing disparities in access to care and improving health outcomes by increasing access to preventive and primary care services.

Increasing access to mental health and substance abuse treatment.

Reducing geographic and structural barriers to care.

Cost of Care:

Controlling and reducing the cost of health care, including prescription drugs.

Improving financial protections for consumers and reducing out-of-pocket costs.

Reforming the health care delivery system to increase efficiency and reduce administrative costs.

Establishing incentives for providers to improve quality of care and reduce health care costs.

Quality of Care:

Promoting the delivery of high-quality, safe, and effective care.

Establishing standards for quality of care and patient safety.

Improving the accuracy and completeness of health care data and analytics.

Encouraging evidence-based decision-making and cost-effectiveness.

To learn more about Issues
https://brainly.com/question/5774383
#SPJ4

3. If a focus group is convened in the second phase of a new product development project, what is information the group is MOST expected to discuss? what type of ads should be used for the product a N the pricing scheme for the product how the product should be made how much it costs to make the product.​

Answers

Answer: how much it costs to make the product.​

Explanation:

The first phase of new idea development would involve finding out how to produce the product because that is where the product is first come up with.

The second phase would see them screen the product and this would involve finding out how much it would cost so that they will know if it is best to move on with the product or drop it.

Give (2) examples how we deal with "Scarcity"

Answers

Answer:

Either increasing supply or lowering demand

Explanation:

increasing supply:

e.g. when less developed countries (LDCs) experience a famine or drought, other countries can supply food and/or water to them

lowering demand:

finding alternative solutions of the product (that have the same effect as the original product) or reducing the reasons for why there is a high demand

- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)

- e.g. rice field has an infestation -> not yielding enough rice to feed the population -> population feels hungry and other foods cannot help them feel full/sustain them -> find another crop to substitute, like yam or potatoes that are equally filling (alternative solutions)

but these two are pretty much the same so

also please note I don't take any courses on supply and demand other than geography so I might be completely wrong

True or false is April 15th is an important date for people who have a job.

Answers

Answer:

true

Explanation:

its Tax Day so they are very busy

East Asian economies started enacting export-push strategies
a. By late 1950s and 1960s
b. Immediately after World War II
c. In the late 1980s
d. In the early 2000s

Answers

East Asian economies started enacting export-push strategies in the late 1950s and 1960s.

In the aftermath of World War II, many East Asian countries faced significant challenges in rebuilding their economies and achieving rapid development. To address these challenges, several countries in the region, including Japan, South Korea, and Taiwan, adopted export-oriented strategies as a means of promoting economic growth. These strategies aimed at increasing their exports of manufactured goods to international markets and earning foreign exchange to support domestic development.

The late 1950s and 1960s marked a turning point when these East Asian economies implemented policies and initiatives to support their export sectors. They focused on developing industries with a competitive advantage in international markets, such as textiles, electronics, and automobiles. Governments provided various forms of support, including financial incentives, infrastructure development, access to foreign markets, and targeted industrial policies. These export-push strategies led to significant economic transformations in East Asia, with sustained export-led growth becoming a key driver of their economic success.

To learn more about foreign exchange, click here:

brainly.com/question/29727700

#SPJ11

Team-based compensation plans are effective in all of these situations EXCEPT
a) teams share a clear purpose and goals.
b) team members communicate effectively with each other.
c) team members compete with each other.
d) resources are plentiful.
e) rewards must be significant and worthwhile.

Answers

Team-based compensation plans are generally designed to foster collaboration and cooperation among team members.

When team members compete with each other, it can create a hostile and counterproductive work environment, undermining the effectiveness of team-based compensation plans.Team-based compensation plans are remuneration structures that reward teams collectively rather than individual team members. Instead of compensating individuals based on their individual performance or contributions, team-based compensation plans distribute rewards or bonuses based on the overall performance of the team as a whole.

The key idea behind team-based compensation plans is to encourage collaboration, cooperation, and the sharing of knowledge and resources within the team.

Learn more about Team-based compensation here:

https://brainly.com/question/27856938

#SPJ11

if there is an error in recording an adjusting entry on the income statement causing net income to be overstated, then

Answers

If there is an error in recording an adjusting entry on the income statement causing net income to be overstated, it can lead to misleading financial statements, misinformed decision-making, and potential legal issues.

To correct this error, the following steps can be taken:

Identify the error: Review the adjusting entries made and compare them with the actual data to determine where the error occurred.

Determine the impact: Calculate the effect of the error on the financial statements, particularly the income statement and retained earnings.

Correct the error: Reverse the original entry and record the correct entry. For example, if an expense was overstated, then it should be decreased, and the corresponding account should be credited.

Recalculate the financial statements: After the correction is made, recalculate the financial statements to ensure they accurately reflect the company's financial position and performance.

Disclose the correction: Inform stakeholders of the error and the corrective action taken to prevent future errors.

For more questions like Adjusting entry click the link below:

https://brainly.com/question/13679856

#SPJ11

What is the interest earned in a savings account after 12 months on a balance of
$2500 if the interest rate is 1% APY compounded yearly?
interest = $ [?]

Round your answer to the nearest hundredth.

Answers

The interest earned in the savings account after 12 months on a balance of $2000 if the interest rate is 1% APY compounded yearly is $20.

Given,

Initial amount = P = $2000

Interest rate = 1% annually

The time for which interest is compounded = 12 months = 1 year = T

Here, the initial amount (also called as principal amount) is P, and the interest rate is R% per unit time, and it is left for T unit of time.

So, the interest amount earned is given by:

\(CI = P(1+\frac{R}{100} )^{T} -P\)

\(CI = 2000 (1+\frac{1}{100} )^{1} -2000\\\\CI = 2000 * 1 / 100\\\\\)

=$20

Hence, the interest earned in the savings account after 12 months on a balance of $2000 if the interest rate is 1.5% APY compounded yearly is $20.

To learn more about interest here:

https://brainly.com/question/20406888

#SPJ1

Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?

Answers

Answer:

Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.

f(5) =
f(3) =
f(-5) =
f(-3) =

Answers

Answer:

53636363633636336366363

what is the optimal pigouvian tax to address the externality? b) after the tax in (a) is imposed, what are the levels of cs, ps, environmental damage, and tax revenue?

Answers

At the quantity of pollution that is socially optimal, the optimal Pigouvian tax is equal to the marginal social cost of pollution.

How does a Pigouvian tax resolve the issue of externality?

Pigouvian taxes are primarily used to combat market inefficiencies by raising the marginal private cost by the negative externality's generated amount. The total social cost of the economic activity will be reflected in the final cost (original cost minus tax).

To deal with a positive externality, what is the pigovian solution?

A pigouvian subsidy is one that is used to encourage behavior that benefits society as a whole or other people who are not involved. Positive externalities are behaviors or actions that benefit people who are not involved in the transaction.

Learn more about Pigouvian tax here:

https://brainly.com/question/28507959

#SPJ4          

Which of the following statements is true of exporting?
a. It allows for lesser economies of scale across countries.
b. it is the least risky of the modes of international market entry
c. it involves very high investments.
d. it works well when high differentiation of a product is required.

Answers

It works well when high differentiation of a product is required.  It's a low-risk, high-reward strategy that could result in a more prosperous future for your company.

Exporting is a basic method of expanding an organization's activities and sales into new markets. Exporting goods and services could be the ideal first phase of development for a company seeking to expand internationally. It's a low-risk, high-reward alternative that can lead to a more lucrative future for your business. It's typically not as costly as other market-entry strategies, which makes it more appealing to small and medium-sized enterprises (SMEs).

When a company's resources are limited, exporting is usually the most cost-effective method of entering a new market. It may, however, have lower economies of scale across countries than other market-entry approaches like foreign direct investment (FDI) and joint ventures. When it comes to selecting a mode of market entry, the high differentiation of a product plays a vital role, and thus D is the most correct answer to this question.

Exporting is a basic method of expanding an organization's activities and sales into new markets. Exporting goods and services could be the ideal first phase of development for a company seeking to expand internationally. It's a low-risk, high-reward alternative that can lead to a more lucrative future for your business.

To know more about strategy, visit:

https://brainly.com/question/28561700

#SPJ11

the similarities of African countries

Answers

The similarities between African countries are:

Background on Agriculture in Africa

Despite the great potential for agricultural production in Africa,UNDP states that about 73% of the poor people living in rural areas subsist on less than a dollar a day.In addition, the continent has about 200 million of the world’s hungry people (Millennium Development Goals (MDGs) Technical Support Centre.Furthermore, available statistics suggest that about one-third of the continent’s population is malnourished.Africa is also the only continent where food production has been falling over the years.

One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.

It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).

Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.

Learn more about Africa here https://brainly.com/question/158070

#SPJ1

what term best describes the pridiction of the number of items a company will sell for any given commodity

Answers

The optimal market prices best describe the prediction of the number of items a company will sell for any given commodity.

What is Ideal Cost?

The ideal cost is that price tag at which the absolute benefit of the dealer is expanded. At the point when the cost is too low, the vender is moving countless units however isn't acquiring the most elevated conceivable total benefit.

For what reason is ideal cost significant?

The ideal cost is that perfect balance where it is feasible to get great benefits as indicated by the item or need that we offer. This is vital for any individual who is committed to a business action since it is a moderately basic method for getting improved results.

How would you work out ideal evaluating methodology?

Do an estimating investigation to see what they charge for comparative items and how regularly they change the cost (e.g., through limited time limits). While you surely don't have any desire to go far out of reach with your evaluating technique, you don't be guaranteed to have to offer the least cost.

Learn more about optimal market prices here:

https://brainly.com/question/24877850

#SPJ4

Other Questions
Calculate the matrix that shows the number of one-stopover trips between any two vertices. Why are there no zeros in the matrix . All reliable dictionaries should includea) Historical information b) maps c) etymology d) foreign words Find the solution to the initial-value problem y^3 dy/dx = (4y^4 + 10) cos(x); y(0) = C. Then put the solution in the form of: y^4 = y^4 = in 2018, the u.s. supreme court held in minnesota voters alliance v. mansky that the interior of a polling place on election day constitutes a: HELP DUE IN 1 HOUR AHHHHHHHHHH as the human resources director for your company, you must give a presentation to the company owners about the staff demographics in each of your company's two locations. what organizational method should you use to present your data? group of answer choices chronological value/size geography/space simple/complex Which of the sets of ordered pairs represents a function? **easy** BRAINLIESTA= {(2,-2). (5, -5), (-2, 2), (-5, 5)} B = {(4, 2), (4, -2). (9, 3), (9, -3)}O Only AO Only BO Both A and B O Neither A nor B What is a squad of 4 called? What type of weathering is primarily responsible for the formation of this canyon?a. Frost wedgingb. Chemical weatheringc. Mechanical weathering from aird. Mechanical weathering from water In her speech Commencement Address at the University of Boulder," Julie Andrews speaks to thegraduating class of 2013. In a well written essay, explain her overall message to the students. Inyour essay, discuss how the speaker uses persuasive elements and specific words and phrases tostrengthen the message of her speech. Your response should use evidence from the text to supportyour answer. what are defect of mendeleevs perodic table In your opinion, should movies include senses other than sight and sound? Why or why not? Name two pairs of congruent angles using the figure shown.Option 1: JKM KJL and JLM KMLOption 2: JLM KJL and JKM KMLOption 3: JKM JLM and KJL KMLOption 4: JLM KJL and JLM JKM Mulberry Services sells electronic data processing services to firms too small to own their own computing equipment. Mulberry had the following accounts and account balances as of January 1: Accounts Payable $14,000 Accounts Receivable 130,000 Cash 6,000 Common Stock 114,000 Interest Payable 8,000 Notes Payable (Long-term) 80,000 Prepaid Rent (Short-term) 96,000 Retained Earnings, January 1 16,000 During the year, the following transactions occurred (the events described below are aggregations of many individual events): a. During the year, Mulberry sold $690,000 of computing services, all on credit. b. Mulberry collected $570,000 from the credit sales in Transaction a and an additional $129,000 from the accounts receivable outstanding at the beginning of the year. c. Mulberry paid the interest payable of $8,000. d. Wages of $379,000 were paid in cash. e. Repairs and maintenance of $9,000 were incurred and paid. f. The prepaid rent at the beginning of the year was used during the year. In addition, $28,000 of computer rental costs were incurred and paid. There is no prepaid rent or rent payable at year-end. g. Mulberry purchased computer paper for $13,000 cash in late December. None of the paper was used by year-end. h. Advertising expense of $26,000 was incurred and paid. i. Income tax of $10,300 was incurred and paid during the year. j. Interest of $5,000 was paid on the long-term loan. Required: 1. Establish a ledger for the accounts listed above and enter the beginning balances. 2. Analyze each transaction. Journalize as appropriate. 3. Post your journal entries to T-accounts. Add additional T-accounts when needed. 4. Use the ending balances in the T-accounts to prepare a trial balance. Is milo from the phantom tollbooth ready to rescue the princesses When is it best to solve a system of equations using substitution? how many meters can Perseveranceself drive How are rigid motions related to congruence? DRAG THE EQUATION THAT COULD BE USED TO FIND THE MISSING SIDE LENGTH OF EACH RIGHT TRIANGLE TO THE WHITE BOX. b A right triangle has the following side lengths 2 8 + 6 602112-02 6 ft 62 +62 82 112 + 602 - a: 11 cm b: 60 cm c: ? om 8 ft 62 +82 0 11(2) + 60(2) - INTRO TO PYTHAGOREAN THEOREM D C 7 A right triangle has the following side lengths 452 + 362 - 122 + 372 - 02 12 ft 37 ft 122 + b2 - 372 g2 + 362 452 a: 7 in b: 36 in c: 45 in b2-122 - 2 a + 36 - 45 What should a new grad nurse put on a cover letter?