Beta Ltd manufactures laptops. Cellar Ltd routinely buys laptops from Beta Ltd. On 1 June 2021, Beta Ltd enters into a contract with Cellar Ltd to manufacture 100 laptops at $1 500 each. The laptops are shipped on 1 July 2021. To honour Cellar Ltd as a loyal customer, Beta Ltd allows Cellar Ltd to make the payment in 2 years’ time without charging any interests. Implicit interest rate is 5%. What journal entries that Beta needs to make on 1 July 2021 to account for the revenue received from Cellar?Group of answer choicesDR Cash $150,000; CR Revenue $150,000DR Accounts receivable $150,000; CR Revenue $136,054; CR Deferred interest $13,946DR Cash $150,000; CR Revenue $136,054; CR Deferred interest $13,946DR Accounts receivable $150,000; CR Revenue $150,000

Company X operates in a retail industry funded 60% by debt, and Company Y also operates in the retail sector and is 80% financed by debt and has a beta of 0.7 Additional information The market return is 13%, and the debt of company X consists of . A bank loan of 8.5% interest per annum . 5-year GVN bonds are currently yielding at 7% . The tax rate is 28%Requireda) Determine suitable beta for company xb) Highlight the difference between systematic and unsystematic risk and the impact of beta on a company c) Calculate the cost of equity of the company xd) Calculate the weighted cost of the average of the company xe) If the company has an opportunity to invest in a project with an annual return of 13% p.a.Advise whether the company should accept the project or not?

A firm has an operating profit of $120 million, pays interest of $20 million, and pays corporate tax at 30%. All cash flows will grow by 3% per year in perpetuity. The firm’s equity beta is 1.0, the market risk premium is 6% and the risk-free rate is 5%. What is the value of equity assuming no reinvestment needs and no depreciation?A.$909 millionB.$875 millionC.$1,250 millionD.$636 million

Titan wholesale Ltd Trial Balance December 31, 2022 Particulars Debit Credit Tk Tk Cash 20000 Investment 100000 Account Receivable 50000 Opening Inventory 15000 Office Supplies 9000 Office Equipment 60000 Prepaid Rent 4000 Notes Payable 34000 Accounts Payable 90000 Titan Capital 70000 Titan Drawings 3500 Sales 200,000 Purchase 100000 Salary Expense 18000 Rent Expense 9000 Insurance Expense 4500 Freight Out 1000 Total 394000 394000 Adjustment Data: 1. Merchandise inventory actually on hand at 31st December Tk 30000 2. Rent were expired Tk 2500 3. Depreciation on office Equipment @ 10% per annum 4. Outstanding salary of Tk 2000 for the period 5. Office Supplies on hand Tk 4000. Create an adjusting journal and trial balance

Given: risk-free rate of return = 5 % market return = 10%, cost of equity = 15% value of beta (β) is:a.1.9b.1.8c.2.0d.2.2

1-(A) Journalise the following business transactions in general journal form. 1 Jun Borrowed $40,000 from ANZ Bank. 5 Jun Purchased inventory for $85,000, paying $10,000 in cash and the remainder is due in 30 days. 8 Jun Credit sales made for $30,000. The inventory had cost of $17,000. 10 Jun Received $7,500 in advance from a customer for merchandise that will be delivered in September. 17 Jun Received an inquiry about a product worth $4,000 from an old customer. 21 Jun Paid $10,000 of salary expenses Notes: (i) The firm has adopted the perpetual inventory recording method; (ii) If you believe no journal is required, explain the reason(s); (iii) Ignore the effects of GST; (iv) Account numbers and narrations are not required.