Answer: Under the given option; the statement (d) is false. i.e. <u><em>Fluctuations of a stock's returns that are due to firm-specific news are common risks.</em></u>
<em>Fluctuations of a stock's return that are due to </em><u><em>market wide news</em></u><em> are common risk. These tend to fluctuate with fluctuation in market wide news and several other variables. </em>
<em>Therefore, the statement </em> <em>Fluctuations of a stock's returns that are due to firm-specific news are common risks, is </em><u><em>false.</em></u>
<u><em>The correct option to this question is (d)</em></u>
Retained earning must have been C. $413,640 on December 31, 2016
A wage is a monetary compensation paid to a worker or an employee for the work done or service provide. In a firm or a factory there are two types of labor namely direct labor and indirect labor. Direct labor are the workers on the production line whose efforts directly produce what the company manufactures while indirect labor are all the other workers such as the watchman or security guard. In this case, the wages of a timekeeper would be classified as indirect labor.
Answer:
$460,000 decrease
Explanation:
The computation of TLC's estimated change in revenues next year is shown below:-
TLC's estimated change in revenues next year = ((Consumer loan × Interest rate) + (Home equity loan × Interest rate) + (Corporate securities × Interest rate)) - ((Increased consumer loan × Decrease rate) + (Increase equity loan × Interest rate) + (Corporate securities × (1 - decreased percentage) × average interest rate))
= (($35.0 million × 0.12) + ($30.0 million × 0.O8) + ($5.0 million × 0.06)) - (($40.0 million × 0.10) +($32.0 million × 0.065) + (5 million × (1 - 20%) × 0.09))
=$6,900,000 - $6,440,000
= $460,000 decrease
Therefore for computing the TLC's estimated change in revenues next year we simply applied the above formula.
Answer:
A. The loss of Enjoyment People incur when scenic land is converted for commercial use
B. The value of baby sitting services when the baby sitter is paid cash and the transaction isn't reported to the government
D. The variety of goods available to the consumers
Explanation:
The Gross Domestic Product (GDP) represents the total market value monetarily of all finished products or all services that are produced in a country, within its borders and it is measured for a period of time.
The GDP broadly measures this market value and since it represents a broad measurement, there are apparently transactions and productions or even services that won't be adequately measured or accounted for
1. The loss of enjoyment people incur when scenic land is converted to commercial use is a cost that cannot be monetarily valued hence it won't be accounted for
2. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government- This will not be measured accurately because not all persons who hire baby sitters will report the transaction
3. The variety of goods available to consumers are numerous and the government will not be able to account for every single one
