Given the Following Information What Is the Amount That Needs to Be Reimbursed?
A)

question 95

Multiple Choice

Given the following information:
$\begin{array}{lrlr}\text { Petty cash balance } & \$ 450.00 & \text { Courier receipt } & \$ 82.50 \\\text { Postage receipt } & \$ 48.00 & \text { Office Supplies receipt } & \$ 56.22 \\\text { Business meal receipt } & \$ 102.34 & \text { Cash on hand at the end of the month } & \$ 76.21\end{array}$
What is the amount that needs to be reimbursed?

• A) $365.27
• B) $289.06
• C) $373.79
• D) $289.00
• E) $450.00

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Definitions:

Risk-Free Rate

The hypothesized return on an investment that carries no risk, often linked with government bonds.

Minimum Required Return

The lowest acceptable return on an investment, considering the risk and the cost of capital.

Expected Return

The anticipated return on an investment, taking into account the probabilities of each potential outcome.

Equity

The owners' stake in a company, represented by the amount of capital contributed plus any profits or minus any losses.