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2 years ago

An investor sold mjs stock, a stock not currently owned in her portfolio. this is:______.

Business

1 answer:

belka [17]2 years ago

8 0

An investor has sold MJS stock, a stock not currently owned in her portfolio--------Bearish

What Is a Portfolio?

A portfolio is a collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs). People generally believe that stocks, bonds, and cash comprise the core of a portfolio.

What is a portfolio for a company?

The portfolio is a collection of the products, services and achievements of the company. The goal of a company portfolio is to create a presence of the business on the market, attract more customers and to show how the business differs from its direct competitors on the market.

What does bearish mean trading?

A bear is an investor who is pessimistic about the markets and expects prices to decline in the near- to medium-term. A bearish investor may take short positions in the market to profit off of declining prices. Often, bears are contrarian investors, and over the long-run bullish investors tend to prevail.

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Bourne Inc., a calendar-year end company, had the following select account balances from its unadjusted trial balance at 11/30/1

Keith_Richards [23]

Answer:

Bourne Inc.

Journal entries

Date Account Name Debit Credit

1-Dec Supplies $2,000

Accounts Payable $2,000

1-Dec Cash $6,000

Deferred Revenue $6,000

1-Dec Land $40,000

Notes Payable $40,000

15-Dec Accounts Payable $2,000

Cash $2,000

Adjusting entries

Date Account Name Debit Credit

31-Dec Supplies expense $1,900

($700 + $2,000 - $800)

Supplies $1,900

31-Dec Deferred Revenue $1,000

($6,000/6)

Service Revenue $1,000

31-Dec Interest expense $400

($40,000*12%* 1/12)

Interest Payable $400

8 0

3 years ago

fifo uses the ______ cost for cost of goods sold on the income statement and the ______ cost for inventory on the balance sheet.

Annette [7]

fifo uses the oldest cost for cost of goods sold on the income statement and the newest cost for inventory on the balance sheet.

FIFO is an inventory accounting system that means first in, first out. This means that the first goods that are bought are the first that are assumed to be sold and the newest goods are assumed to remain in inventory.

For example, if you purchase 1 unit of a good at $3 on 1/3/21 and a second unit of the good at $5 on 31/03/21. Only one unit of the good is sold If the FIFO method is used, the cost of good sold would be $3 and the ending inventory would be $5.

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4 0

3 years ago

Piper Corporation’s standards call for 6,000 direct labor-hours to produce 1,500 units of product. During October the company wo

Nikolay [14]

Answer:

The standard hours allowed for October would be 5,400 hours

Explanation:

For computing the standard hours allowed for the October month, first, we have to compute the standard per hour unit which is shown below:

= Standard direct labor ÷ Number of units to be produced

= 6,000 ÷ 1,500

= $4

Now, in October month, the direct labor worked for the 1,350 hours and the standard price per unit is $4, So standard hours allowed is

= October direct labor hours × standard price per unit

= 1,350 hours × $4

= $5,400 hours

8 0

3 years ago

A firm, with an 18% cost of capital, is considering thefollowing projects (on January 1, 2011):Jan. 1, 2011, Cash outflow (000's

Aleks [24]

Answer:

<em>c. $(265,460)</em>

Explanation:

The net present value of Project A shall be determined as needed.

The cash inflow of 31 December 2015 is five years from the current cash outflow and the net present value method uses the 18 per cent capital cost of the company.

The current value factor for 18 percent for 5 years is.4371, and $7.400,000 times.4371 is equivalent to $3.234.540, which is $265.460 lower than the current cash outflow of $3.5 million.

4 0

3 years ago

The first session of the national convention is generally devoted to

svetlana [45]

The first session of the national convention is generally devoted to giving speeches.

3 0

3 years ago