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2 years ago

Question 8 of 20

2 answers:

4 0

The individual that makes the investment that has highest risk is Norville because he invested 75 percent of his portfolio in stocks.

<h3>What investment are considered high risk?</h3>

High risk investment refers to an investment that have large chance of loss of capital and high chance of a devastating loss.

Daphne invests in mutual funds which offeres low risk, Velma and Fred spread their risk to reduce loss if any occur.

Therefore, the Option B is correct.

Read more about High risk investment

<em>brainly.com/question/2060019</em>

Vesna [10]2 years ago

4 0

Answer:

Explanation:

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Silvia Company acquires a 30% interest in Small Company. The fair value of Small's inventory exceeds its carrying value by $100,

beks73 [17]

Answer:

The revenue that the investment in the company would increase by $100,000.

Explanation:

Though the International Accounting Standard IAS 2 Inventories says that the inventory must be recorded at lower of:

Cost
Net Realizable Value (Fair Value less Cost to Sell)

This means though the Net realizable value increases but the cost remains the lower. This means their must not be any changes made to inventory account.

The profit earned from the increase in inventory value will be reflected in the income which will increase the net worth of the investment. So the increase in investment revenue would be by $100,000.

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3 years ago

What environmental advantages would there be in having fewer transactions?

ra1l [238]

Answer:

Less Of an Imcome

Explanation:

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3 years ago

Lacey Company prepared the tabulation below at December 31, 2022. Net Income $310,000

valentinak56 [21]

Answer:

Net cash provided by operating activities is $325,000.

Explanation:

Lacey Company

Cash Flow Statement (Operating Activities Only)

December 31, 2022.

<u>Details Amount ($)</u>

Net Income 310,000

Depreciation expense 45,000

Increase in accounts receivable (55,000)

Decrease in inventory 12,000

Increase in accounts payable 6,000

Increase in prepaid expenses (4,000)

Decrease in income taxes payable 3,500

Gain on disposal of land <u> 7,500 </u>

Net cash provided (used) by operating activities <u> 325,000 </u>

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3 years ago

Bramble Corp. makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget

Alexandra [31]

Answer:

$720,000

Explanation:

The total budgeted selling and administrative expenses is made up of both fixed and variable components. The variable component of the cost is dependent on the budgeted number of units to be sold.

Total variable cost budgeted

= 58000 ( $1 + $3 + $4 +$2)

= $580,000

Total fixed cost = $10,000 + $120,000 + $4,000 + $6,000

= $140,000

total budgeted selling and administrative expenses for October

= $580,000 + $140,000

= $720,000

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3 years ago

Cole Co. began constructing a building for its own use in January 2016. During 2016, Cole incurred interest of $50,000 on specif

il63 [147K]

Answer:

The correct answer is 'Option (b)

Explanation:

Cole co. should compare between actual interest incurred on all the debts and the calculated interest on weighted average accumulated expenditure and lower of these two should be capitalized.

Actual interest incurred =$50,000+20,000 = $70,000

Calculated interest = $40,000

Lower of these two to be capitalized for the building during 2011= $40,000

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3 years ago