Prior to recording adjusting entries, the Office Supplies account had a $490 debit balance. A physical count of the supplies showed $175 of unused supplies available. The required adjusting entry is: debit/credit [ Select ] to [ Select ] account for [ Select ] debit/credit [ Select ] to [ Select ] account for [ Select ]

Answers

Answer 1

Answer: See explanation

Explanation:

Based on the information that's provided in the question, the required adjusting entry goes thus:

Unadjusted ending balance of supplies = $490

Actual supplies ending balance existing physically = $175

From the information above, the supplies used during the period will be:

= $490 - $175

= $315

Therefore,

Debit office supplies expenses $315 Credit office supplies account $315


Related Questions

In a closed economy, saving and investment must be equal, but this is not the case in an open economy. In the following problem, you will explore how saving and investment are connected to the international flow of capital and goods in an economy. Before delving into the relationship between these various components of an economy, you will be asked to recall some relationships between aggregate variables that will be useful in your analysis.
Recall the components that make up GDP. National income (Y) equals total expenditure on the economy's output of goods and services. Thus, where C = consumption, I = investment, G = government purchases, X = exports, M = imports, and NX = net exports:
Y =
Also, national saving is the income of the nation that is left after paying for Therefore, national saving (S) is defined as: S =
Rearranging the previous equation and solving for Y yields Y = . Plugging this into the original equation showing the various components of GDP results in the following relationship:
S =
This is equivalent to S =, since net exports must equal net capital outflow (NCO, also known as net foreign investment).
Now suppose that a country is experiencing a trade surplus. Determine the relationships between the entries in the following table, and enter these relationships using the following symbols: > (greater than), < (less than), or = (equal to).

Answers

Answer:

a. Y = C + I + G + NX

b. National saving is the income of the nation that is left after paying for current consumption (C) and government purchases (G).

c. S = Y - C - G

d. Y = S + C + G

e. S = I + NX

f. S = I + NCO

g. Outcomes of a Trade Surplus

Exports > Imports

Net Exports > 0

C + I + G < Y

Saving > Investment

Net Capital Outflow > 0

Explanation:

a. Y = C + I + G + X - M …………………. (1)

If we assumed X is greater than M, we have:

NX = X - M

Substituting NX = X - M into equation (1), we have:

Y = C + I + G + NX

b. Also, national saving is the income of the nation that is left after paying for current consumption (C) and government purchases (G).

c. Therefore, national saving (S) is defined as: S = Y - C - G.

d. Rearranging the previous equation and solving for Y yields Y = S + C + G.

e. Plugging this into the original equation showing the various components of GDP results in the following relationship:

S + C + G = C + I + G + NX

S = C + I + G + NX - C - G

S = I + NX

f. This is equivalent to S = I + NCO, since net exports must equal net capital outflow (NCO, also known as net foreign investment).

g. Now suppose that a country is experiencing a trade surplus. Determine the relationships between the entries in the following table, and enter these relationships using the following symbols: > (greater than), < (less than), or = (equal to).

Note: The omitted table in the question given as follows:

Outcomes of a Trade Surplus

Exports ____ Imports

Net Exports _____ 0

C + I + G _____ Y

Saving ____ Investment

Net Capital Outflow ___ 0

Therefore, the answer is given as follows:

Outcomes of a Trade Surplus

Exports > Imports

Net Exports > 0

C + I + G < Y

Saving > Investment

Net Capital Outflow > 0

An investor will choose between Asset Q with an expected return of 6.5% and a standard deviation of 5.5%, Asset U with an expected return of 8.8% and a standard deviation of 5.5%, and Asset B with an expected return of 8.8% and a standard deviation of 6.5%. Which one should the investor prefer

Answers

Answer:

Asset U

Explanation:

Reward-to-volatility ratio for Asset Q = Expected return / standard deviation

Reward-to-volatility ratio for Asset Q = 6.5% / 5.5%

Reward-to-volatility ratio for Asset Q = 1.1818

Reward-to-volatility ratio for Asset U = Expected return / standard deviation

Reward-to-volatility ratio for Asset U = 8.8% / 5.5%

Reward-to-volatility ratio for Asset U = 1.6

Reward-to-volatility ratio for Asset B = Expected return / standard deviation

Reward-to-volatility ratio for Asset B = 8.8% / 6.5%

Reward-to-volatility ratio for Asset B = 1.3538

The  investor should prefer Asset U because its has the highest reward to volatility ratio among the three options.

On January 1, 2019, Caswell Company signs a 10-year cancelable (at the option of either party) agreement to lease a storage building from Wake Company. The following information pertains to this lease agreement:
1. The agreement requires rental payments of $100,000 at the beginning of each year.
2. The cost and fair value of the building on January 1, 2019, is $2 million. The storage building has not been specialized for Caswell.
3. The building has an estimated economic life of 50 years, with no residual value. Caswell depreciates similar buildings according to the straight-line method.
4. The lease does not contain a renewable option clause. At the termination of the lease, the building reverts to the lessor.
5. Caswell’s incremental borrowing rate is 14% per year. Wake set the annual rental to ensure a 16% rate of return (the loss in service value anticipated for the term of the lease). Caswell knows the implicit interest rate.
6. Executory costs of $7,000 annually, related to taxes on the property, are paid by Caswell directly to the taxing authority on Dec. 31 of each year.
Required:
1. Determine what type of lease this is for the lessee.
2.
Prepare appropriate journal entries on the lessee’s books to reflect the signing of the lease agreement and to record the payments and expenses related to this lease for the years 2019 and 2020.
Question not attempted.
PAGE 2019
GENERAL JOURNAL
Score: 0/113
DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT
1
2
3
4
5
6
7
8
9
Points:
0 / 22
Record the payments and expenses related to this lease on December 31 for 2020.
Question not attempted.
PAGE 2020
GENERAL JOURNAL
Score: 0/88
DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT
1
2
3
4
5
6
7

Answers

3 I think I hope this helps

If a company reports a net loss, it Group of answer choices may still have a net increase in cash. will not be able to pay cash dividends. will not be able to get a loan. will not be able to make capital expenditures.

Answers

Answer:

may still have a net increase in cash

Explanation:

In the case when the company recognized the net loss so it might be the condition that there is an increase in the cash balance as in the case as the closing balance should be more than the beginning balance of cash

So as per the given question, the above should be the answer and the same is relevant

An investment offers $6,700 per year for 15 years, with the first payment occurring one year from now. a. If the required return is 6 percent, what is the value of the investment today

Answers

Answer: $65070

Explanation:

Based on the information given in the question, the value of the investment today will be:

= amount × pvaf , 1/(1+ rate )^t

= 6700 × pvaf (1/1+6%) ^15

= 6700 × pvaf (1/1.06)^15

= 6700 × 9.712

= $65070

Therefore, the value of the investment today is $65070

Using the information provided extract the necessary information and compute the Quick Ratio.

Current Assets $50, 000

Current Asset $25, 000

Inventory $ 5,000

Accounts Receivable $ 7,000

Notes Payable $8,000

Answers

Answer:

right option is d

account receivable $ 7, 000

Explanation:

I hope this question is helpful

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company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 350 units. Ending inventory at January 31 totals 150 units. Units Unit Cost Beginning inventory on January 1 320 $ 3.00 Purchase on January 9 80 3.20 Purchase on January 25 100 3.34 Required: Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round per unit costs to 2 decimal places. Amounts to be deducted should be indicated with a minus sign.)

Answers

Answer:

Company A

The cost assigned to Ending Inventory under periodic inventory system and based on the weighted average method is:

= $465

Explanation:

a) Data and Calculations:

                                                        Units     Unit Cost  Total Costs

Beginning inventory on January 1   320        $ 3.00      $960 (320 * $3.00)

Purchase on January 9                      80           3.20         256 (80 * $3.20)

Purchase on January 25                  100           3.34          334 (100 * $3.34)

Total                                                  500         $3.10     $1,550 ($1,550/500)

Units sold                                        -350          $3.10    -$1,085 (350 * $3.10)

Ending inventory                             150           $3.10       $465 (130 * $3.10)

Tri Fecta, a partnership, had revenues of $364,000 in its first year of operations. The partnership has not collected on $46,700 of its sales and still owes $38,000 on $175,000 of merchandise it purchased. There was no inventory on hand at the end of the year. The partnership paid $33,100 in salaries. The partners invested $48,000 in the business and $27,000 was borrowed on a five-year note. The partnership paid $2,430 in interest that was the amount owed for the year and paid $8,900 for a two-year insurance policy on the first day of business. Ignore income taxes.Compute the net income for the first year for Tri Fecta
A. $189,000
B. $155,900
C.$149,020
D.$233,430

Answers

Answer:

C

Explanation:

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Answers

I’m not sure how to help you.

When something is evaluated according to ______, this is called finding the value on an ad valorem basis.

Answers

Answer:

its value.

Explanation:

Ad valorem is a Latin word for "according to value" and as such it simply means to evaluate something according to its value.

Hence, when something is evaluated according to its value, this is called finding the value on an ad valorem basis.

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

In Taxation, we have what is referred to as ad valorem tax which refers to a property tax.

Property tax is a type of tax that is charged or levied based on the value of a person's home or business. Thus, it is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

The March 1 inventory of finished units at the Kay Company is 5,000. During March the company plans to sell 40,000 units and desires a March 31 inventory of 10,000 units. The number of units that the company should plan on producing in March is: A. 60,000 units B. 50,000 units C. 45,000 units D. 40,000 units E. 35,000 units

Answers

Answer:

C. 45,000 units

Explanation:

Inventory of finished units at March 31

10,000

Add:

Sales units

40,000

Total units

50,000

Less:

Inventory of finished units March 1

(5,000)

Balance

45,000

Therefore, the number of units that the company should plan on producing in March is 45,000 units

Target Corporation issues a 20-year $9,000,000 bond on January 1, 20xx with a 9% stated interest rated. Interest is paid semiannually on June 30 and December 31st. The bond will mature in twenty years. When Target Corporation retires the bond at the end of 20 years, what amount will they debit to the bonds payable account?

Answers

Answer:

Target Corporation

The amount that will be debited to the bonds payable account on December 31, 2020 will be:

= $9,000,000

Explanation:

a) Data and Calculations:

January 1, 20xx:

Face value of bonds issued = $9,000,000

Maturity period = 20 years

Stated interest rate = 9%

Interest payment = June 30 and December 31

Semiannual Interest Payment in dollars = $405,000 ($9,000,000 * 4.5%)

b) At maturity of the bonds after 20 years, Target Corporation will debit the Bonds Payable account and credit its Cash account with the sum of $9,000,000.  On that date, the bond's carrying amount will be equal to the Bonds Payable account balance, all things remaining equal.

Kaskin, Inc., stock has a beta of 1.2 and Quinn, Inc., stock has a beta of .6. Which of the following statements is most accurate?
a. The expected rate of return will be higher for the stock of Kaskin, Inc., than that of Quinn, Inc.
b. The stock of Kaskin, Inc., has more total risk than Quinn, Inc.
c. The stock of Quinn, Inc., has more systematic risk than that of Kaskin, Inc.

Answers

Answer: a. The expected rate of return will be higher for the stock of Kaskin, Inc., than that of Quinn, Inc.

Explanation:

The beta of a stock measures its systematic risk which is its risk in relation to the market. With a higher systematic risk, there would be a higher expected return to compensate for this risk.

The beta is used to calculate the expected return in the CAPM formula:

Expected return = Risk free rate + Beta * Market premium

Note how the higher the beta, the higher the expected return based on the above formula.

Because of their sharp quality text output and fast printing speeds, ___ printers are often preferred by businesses.

Answers

Answer:

Laser printer

Explanation:

Laser printers are quicker than inkjet printers (producing more pages per minute), generate higher-quality output (with some limitations), and are better suited for high-volume production. Laser printers produce significantly finer lines than inkjet printers, making them ideal for text, logos, and corporate information graphics.

Although neither ________ nor the ________ is officially set by the Federal Open Market Committee, decisions concerning these policy tools are effectively made by the committee. A. margin requirements; discount rate B. margin requirements; federal funds rate

Answers

Answer:

Although neither THE RESERVE REQUIREMENTS nor the DISCOUNT RATE is officially set by the Federal Open Market Committee, decisions concerning these policy tools are effectively made by the committee.

Explanation:

The FED's Board of Governors sets the reserve requirements and the discount rate that must be followed by banks in the United States. The board of directors and the federal open market committee work coordinately. It is like the right doing something that is influenced by the actions of the left hand.

Lei Corporation has bonds on the market with 12.5 years to maturity, a YTM of 7.2 percent, a par value of $1,000, and a current price of $1,030. The bonds make semiannual payments. What must the coupon rate be on these bonds

Answers

Answer:

Coupon rate= 19.1%

Explanation:

Giving the following information:

Years to maturity= 12.5 years

YTM= 7.2 percent

Par value= $1,000

Current price= $1,030

To calculate the coupon, we need to use a financial calculator:

Function= CMPD

n= 12.5

I%= 7.2

PV= -1,030

PMT= solve = $191

FV= -1,000

Now, the coupon rate:

Coupon rate= 191/1,000

Coupon rate= 19.1%

Which of the following statements correctly describe properties of an economic model? Check all that apply.

A) An economic model requires a complex set of assumptions.
B) An economic theory can be expressed in the form “If X, then Y, all other things held constant.”
C) An economic model requires simplified assumptions.
D) The purpose of an economic model is to depict the real world as accurately as possible.

Answers

Answer:

A) An economic model requires a complex set of assumptions.

D) The purpose of an economic model is to depict the real world as accurately as possible.

Explanation:

The following statements that correctly describes properties of an economic model are:

A) An economic model requires a complex set of assumptions.

D) The purpose of an economic model is to depict the real world as accurately as possible.

An economic model requires a complex set of assumptions.The purpose of an economic model is to depict the real world as accurately as possible.

Are the properties of economic model.

What is Economics?

Economics is a social science which base on how human needs are met or satisfied through the allocation of scarce resources .

What is an Economic Model?

Economic model is a theoretical processes which consist of variables and how this set of logical variables relate within them.

Therefore,

An economic model requires a complex set of assumptions.The purpose of an economic model is to depict the real world as accurately as possible.

Are the properties of economic model.

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Liz received an email from a long-term client informing her that they were planning to work with another advertising agency. Which response is the best application of the some post-event strategies of resilience?​

Answers

Answer:

Review all email to see if the client was somehow offended. Then analyze listening skills to ensure the client's needs were met. Discuss with a mentor. If the relationship can't be salvaged, learn from the experience and move on.

Explanation:

Due to the fact that Liz received a mail from a long-time client who tells her they were planning on working with another advertising agency, the best response that is the best application of some post-event strategies of resilience are:

1. Reviewing past emails to see if they offend the client in any way

2. Analyse the listening skills to ensure that the client's needs were met

3. Discuss with a mentor

4. Learn from the whole experience

Suppose Cute Camel Woodcraft Company is evaluating a proposed capital budgeting project (project Alpha) that will require an initial investment of $400,000. The project is expected to generate the following net cash flows:

Year Cash Flow
Year 1 $325,000
Year 2 $500,000
Year 3 $400,000
Year 4 $475,000

Cute Camel Woodcraft Company's weighted average cost of capital is 8%, and project Alpha has the same risk as the firm's average project. Based on the cash flows, what is project Alpha's net present value (NPV)?

Answers

Answer:

$996,267.41

Explanation:

The Net Present Value of Alpha`s project can be determined by using the CFj Function of a Financial Calculator as follows :

- $400,000  CF0

$325,000     CF1

$500,000    CF2

$400,000    CF3

$475,000    CF4

I/YR = 8%

Then, SHIFT NPV gives $996,267.41

Thus, Alpha's net present value (NPV) is $996,267.41.

MC Qu. 117 Cosi Company uses a job order costing... Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incur $830,000 of overhead during the next period, and expects to use 53,000 labor hours at a cost of $10.00 per hour. What is Cosi Company's overhead application rate

Answers

Answer:

157%

Explanation:

Calculation to determine Cosi Company's overhead application rate

First step is to calculate Total DL Cost

Total DL Cost = 53,000 hours * $10/hr

Total DL Cost= $530,000

Now let determine the overhead application rate

OH rate = $830,000/$530,000*100

OH rate= 157%

Therefore Cosi Company's overhead application rate is 157%

Item 5At the end of the day, the cash register's record shows $2,050, but the count of cash in the cash register is $2,058. The correct entry to record the cash sales is

Answers

Answer:

Debit Cash $2,058; credit Cash Over and Short $8; credit Sales $2,050

Explanation:

The journal entry is shown below:

Cash Dr $2,058

  To cash over and short $8

  To sales $2,050

(Being the cash sales is recorded)

Here the cash is debited as it increased the assets and sales is credited as it increased the revenue and the difference is credited to the cash over and short

Simon Company’s year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 31,800 $ 35,625 $ 37,800 Accounts receivable, net 89,500 62,500 50,200 Merchandise inventory 112,500 82,500 54,000 Prepaid expenses 10,700 9,375 5,000 Plant assets, net 278,500 255,000 230,500 Total assets $ 523,000 $ 445,000 $ 377,500 Liabilities and Equity Accounts payable $ 129,900 $ 75,250 $ 51,250 Long-term notes payable secured by mortgages on plant assets 98,500 101,500 83,500 Common stock, $10 par value 163,500 163,500 163,500 Retained earnings 131,100 104,750 79,250 Total liabilities and equity $ 523,000 $ 445,000 $ 377,500 (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three year period? (2-a) Compute the acid-test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three year period?

Answers

Answer:

Simon Company

1-a) Current ratio =                          1.88            2.52             2.87

= Current assets/Current liabilities

1-b. The current ratio worsened over the three-year period.

2-a) Acid-test ratio =                      1.02            1.43             1.81

= (Current assets - Inventory)/Current liabilities

2-b) The acid-test ratio worsened over the three-year period.

Explanation:

a) Data and Calculations:

At December 31                        Current Yr     1 Yr Ago       2 Yrs Ago

Assets

Cash                                             $ 31,800    $ 35,625        $ 37,800

Accounts receivable, net              89,500        62,500          50,200

Merchandise inventory                112,500        82,500          54,000

Prepaid expenses                          10,700          9,375            5,000

Total current assets                 $244,500    $190,000      $147,000

Plant assets, net                         278,500     255,000       230,500

Total assets                            $ 523,000   $ 445,000    $ 377,500

Liabilities and Equity

Accounts payable                   $ 129,900     $ 75,250      $ 51,250

Long-term notes payable secured by

 mortgages on plant assets      98,500        101,500        83,500

Common stock, $10 par value 163,500       163,500       163,500

Retained earnings                      131,100       104,750         79,250

Total liabilities and equity    $ 523,000   $ 445,000   $ 377,500

1-a) Current ratio =                          1.88            2.52             2.87

= Current assets/Current liabilities

=  Total current assets                 $244,500    $190,000      $147,000

    Accounts payable                   $ 129,900     $ 75,250      $ 51,250

1-b. The current ratio worsened over the three-year period.

2-a) Acid-test ratio =                      1.02            1.43             1.81

= (Current assets - Inventory)/Current liabilities

Current assets - Inventory       $132,000    $107,500      $93,000

Accounts payable                   $ 129,900     $ 75,250      $ 51,250

2-b) The acid-test ratio worsened over the three-year period.

Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 16, it paid the full amount due. The amount of the cash paid on August 16 equals:___.
A. $8, 167.50.
B. $9, 652.50.
C. $9, 750.00.
D. $8, 250.00.
E. $8, 152.50.

Answers

Answer:

A. $8, 167.50

Explanation:

The fact Juniper company returned $1,500 worth of merchandise, means that it is only obliged to pay the amount of $8,250($9,750-$1,500).

However, the payment was made on 16th August, which is the discount period of 10 days, hence, the cash paid on August 16 is computed thus:

cash paid=amount of merchandise owed*(1-discount rate)

discount rate=1%(1% discount if payment is made within 10 days of the purchase date)

cash paid=$8,250*(1-1%)

cash paid=$ 8,167.50  

How might a person in an information technology company have a lot of power even if he or she does not hold an executive title

Answers

Answer:

Even if individual doesn't even have an executive role, a person responsible of information technology for a corporation might wield tremendous authority. This is due to the fact that power is not necessarily linked to a position of authority.

Explanation:

A person with leadership qualities can advance to positions of power, allowing them to put their abilities and personality attributes to good use. A person in charge of information technology is also responsible for optimising the company's digital technologies owing to the nature of the role and responsibilities.

In an Information Technology company, an individual can have a lot of power regardless of whether or not they hold an executive position. This is because organizational power is not just linked to hierarchical position.

What are the responsibilities of an IT professional?

An individual who works with Information Technology handles sensitive information about an organization and is responsible for information security and optimization.

Therefore, an IT professional is responsible for managing information in an organization, creating and distributing it across computer networks securely and to the right users.

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Determine whether each of the following accounting duties mainly involves financial accounting, managerial accounting, or tax accounting.

1. Consulting with treasurer on cash flows
2. Intemal auditing
3. Estate planning
4. External auditing
5. Tax consulting
6. Analyzing extema financial reports
7. Planning transactions to minimize taxes
8. Enforcing tax laws Financial accounting Tax accounting

Answers

Answer:

Explanation:

1. managerial

2, managerial

3. financial

4. financial

5. tax

6. financial

7. tax

8. tax

The classification of the following accounting duties related to financial accounting, managerial accounting, or tax accounting is as follows:

Consulted with the treasurer for the cash flows should be the managerial accounting as it is the management part.Internal auditing is managerial accounting.Estate planning is related to tax so it is a tax accounting.External auditing is classified as financial accounting.Tax consulting is related to tax so it is a tax accounting.External Financial reports should be analyzed so it is a financial accounting.For minimizing the taxes, tax accounting should be used.For enforcing the tax laws, tax accounting should be used.

In this, the following transactions should be classfied.

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Typical cash inflows of a capital investment project include all of the following EXCEPT: A. projected incremental revenues from the project. B. cost reductions in operating costs. C. the salvage value of the investment at the end of its useful life. D. tax savings generated by depreciation expense. E. the original cost paid for the capital investment.

Answers

Answer:

E

Explanation:

Cash inflows are cash increases in a project

they include :

projected incremental revenues from the project.

cost reductions in operating costs.

the salvage value of the investment at the end of its useful life

tax savings generated by depreciation expense.

Cash outflows reduces the cash available in a project. They are usually subtracted

they include

the original cost paid for the capital investment.

working capital investment

A project is profitable if cash inflow exceeds cash outflow

Typical cash inflows of a capital investment project do not include the original cost paid for the capital investment.

A capital investment project is regarded as a project that aims at increasing the assets of the business. The inflows in these projects are derived when cash outflows are subtracted from revenues and cash flows of the project.

Therefore,  the original cost that would be paid for the capital investment becomes part of cash outflow from the business, which decreases the total availability of cash.

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Lighting design personnel must: A. Understand environmental, cost, and associated benefits of energy-efficient lighting B. Recognize when specialized knowledge is necessary C. Estimate energy cost savings D. All of the above

Answers

Answer: All of the above

Explanation:

The Lighting Design Personnel is in charge of the designing, the installation, and the operation of lighting and every other special electrical effects.

Such person must understand environmental, cost, and associated benefits of energy-efficient lighting. Also, he or she must be bake to recognize when specialized knowledge is necessary and also estimate energy cost savings

Therefore, the correct option is all of the above.

XYZ Company has a variable cost ratio of 40%, fixed expenses of $200,000, and desires to earn operating income of $100,000. Total sales revenue required to achieve XYZ Company's desired operating income is:

Answers

Answer:

Sales revenue = $500,000

Explanation:

Below is the calculation:

Formula for variable cost ratio = Total variable expenses (Total variable cost) / Net Sales = 40%

40% = Total variable cost / Net Sales

Total variable cost = 0.40 Net sales

Operating income = Total revenue - fixed cost - variable cost

100,000 = Total revenue - 200,000 - 0.40 total revenue

300,000 = 0.60 total revenue

Total Revenue = 300,000/ 0.6

Sales revenue = $500,000

A strategy that attempts to reduce the overall risk of an entire investment portfolio by investing in a variety of assets is called

Answers

Answer:

Portfolio diversification

Explanation:

Portfolio diversification is the process of holding different asset and security classes in order to minimise the non systemic risk of the portfolio

Non systemic risk are risks that can be diversified away. they are also called company specific risk. Examples of this type of risk is a manager engaging in fraudulent activities.

to diversify assets in the portfolio should have zero correlation

There are three uncertain (random) variables in this problem. Select the variables that should represent uncertainty in this model. Group of answer choices What type of fruit to grow Initial Research and Development Cost Salvage Price Yield Pre-Orders Picked up Pre-Orders Placed

Answers

Answer:

Yield

Pre orders placed

Pre orders picked.

Explanation:

Uncertain variables are those which can not be predicted. Output of uncertain variables may vary. A farmer has uncertain variables like yield of the crops, order placed and orders picked. Research and development cost is predictable and analysis make it easy to identify benefit of research.

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