Answer:
<em>a random walk with a trend</em>
Explanation:
This model assumes that in each period the stock prices would take a random step away from what was its previous value.
<em><u>Stock prices cannot be predicted therefore they are a random walk. Future prices cannot be predicted by what used to be the prices in the past. Stock prices change in response to unpredictable future news, hence they follow a random walk with a trend.</u></em>
Answer:
Dollar General
Consolidated means that the financial statements of the parents have been combined with the financial statements of its subsidiaries so that the combined entities are presenting a single set of financial statements, as if they were one entity, which they are in the group sense.
Explanation:
For example, the income statement of Dollar General will be combined or consolidated with the income statement of one or all of its subsidiaries so that the investor has a view of the consolidated net income of the group. To achieve this, some transactions that were done with inter-group companies will be eliminated, especially when the transactions have not been completed with entities outside the group. For example, inventories bought from one company by another in the group, which have not been sold to the outside of the group will be eliminated so that the group does not assume to have made profits from itself.
1) Road
accident officials may visit the claimant in person, to confirm the
authenticity of the claim.
<span>2) The
RAF should reinstate their existing system (the fault-based compensation
system) with a new system proposed in the high court, called the Road Accident
Fund Benefit Scheme (RABS) – a no fault benefit system – that will pardon the
affected driver from civil liability.</span>
<span>3) Certify
that there is slight intermediary intervention as possible. For instance, lessen
the amount that lawyers take as a cut from pay-out.</span>
<span>4) Utilize more efficient employees, who can make
certain that the administrative side of the RAF runs as reasonably and smoothly
as possible, with as little deceitful behavior and corruption as possible. </span>
<span> </span>
Answer: C) the demand for coffee beans has increased
Explanation:
The law of supply states that: "all things being equal" the higher the price the higher the quantity supplied and the lower the price, the lower the quantity supplied.
Coffee growers sold just 200 million pounds of coffee when the price was $2 per pound but they increased their supply of coffee to 240 million pounds when the price per pound is $3.
This is an evidence to show that suppliers supply more products when price increase in order for them to make more profits.
Answer:
Acquisition cost of the Equipment = $94,000
Double declining depreciation rate = 25%
Explanation:
a. The computation of the acquisition cost of the equipment is shown below:-
Acquisition cost of the Equipment = Invoice cost + Freight costs + Installation wiring and foundation + Material and labor costs used in testing
= $90,000 + $1,100 + $2,200 + $700
= $94,000
b. The computation of double declining depreciation rate is here below:-
Double declining depreciation rate = 1 ÷ Depreciation life × Times
= 1 ÷ 8 × 2
= 0.125 × 2
= 0.25
or
= 25%
