Protonix Corp has a payroll of $8,000 for a five-day workweek.Its employees are paid each Friday for the five-day workweek.The adjusting entry on December 31,2015 assuming the year ends on Thursday would be:
Definitions:
Risk-Free Rate
An ideal rate of return on an investment with no risk, typically represented by government bond yields.
Market Risk Premium
The increased return an investor hopes to gain by investing in a risky market portfolio rather than in assets free of risk.
Required Return
The minimum rate of return on an investment necessary to compensate the investor for the level of risk assumed.
Overall Return
The total gain or loss experienced on an investment over a given period, taking into account capital gains, dividends, and interest.
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