Sigman Co.'s inventories in process were at the following stages of completion at April 30:

Answer:

The rate of return will be of 20%

Explanation:

These are the follwong steps to calculate  the rate of return:

First you need to calculate the inflow of funds from short selling of Microsoft shares

The number of shares by the information reunited is 300

The selling price of each share is $ 30 per share.

Total sale proceeds is 300 shares×$ 30 per share =$9000

Secondly you need to calculate the margin requirement

Margin requirement on short sale 50 %

Total sale proceeds on short sale×50%=$ 4500

Next year we will again buy each share at $ 27

Total outflow of funds will be $ 27*300 shares = $ 8100

With the information calculated above, we are ready then to calculate the net equity after one year

Net equity will be= (9000+4500-8100)= $5400

Finally, we are ready to calculate the Rate of return

If the net equity will be of $5400, the margin amount deposited is $ 4500, and net gain is $900, rate of return is as follows:

Rate of return= (900/4500)×100= 20%

Answer:

In general, globalization has been shown to increase the standard of living in developing countries, but some analysts warn that globalization can have a negative effect on local or emerging economies and individual workers. Globalization is not new.

Answer:

The cost of equity is 9.91%

Explanation:

The constant growth model of the DDM is used to calculate the price of the share or the fair value per share based on a constant growth in dividends and the required rate of return which is also known as cost of equity.

Plugging in the available values in the formual we can calculate the cost of equity or the required rate of return.

73.59 = 4.57 / (r - 0.037)

73.59 * (r - 0.037) = 4.57

73.59r - 2.72283 = 4.57

73.59r = 4.57 + 2.72283

r = 7.29283 / 73.59

r = 0.0991 or 9.91%

Answer:

Debit Warranty Expense $240; credit Estimated Warranty Liability $240.

Explanation:

The Journal entry is shown below:-

Warranty expenses Dr, $240

       To Estimated warranty liability $240

(Being warranty expense is recorded)

When the company sells warranty items, the warranty expenses & warranty liability will only be considered in the selling year.

Working note:-

Warranty expenses & Estimated warranty liability to be recognize = Sales × Estimated percentage of warranty work

= $12,000 × 2%

= $240

Answer:

C. Participating in partnership activities with law enforcement in your community.

Explanation:

This is because, participation in partnership activities with law enforcement has no way of helping you to identify whether a product is a high-risk product or not. It could simply be a way of trying to sensitize the community on the need for something.