Answer:
Option D. purchase the shares of a Index fund.
Explanation:
The reason is that the index funds are itself a mutual fund investment and they follow preset rules which helps an ordinary investor to understand those rules easily. Furthermore, they are already a diversified investment, hence investing in the shares of mutual fund makes the investment risk diversified investment.
Using straight-line depreciation.
Changing to FIFO
Using the weighted average method for capitalizing interest during times of reduced interest rates, rather than the specific method.
Changing to the successful efforts method of accounting for natural resource exploration costs.
Changing to the successful efforts method of accounting for natural resource exploration costs.
<u>Explanation:</u>
The particular technique initially underwrites the enthusiasm on explicit obligation. With financing costs on the decay, enthusiasm on lower rate obligation is promoted and more is expensed, comparative with the weighted normal technique, which underwrites at the normal rate over all obligation.
The weighted normal strategy would underwrite more enthusiasm on more established (higher loan cost) obligation, in this way diminishing the present measure of premium cost and expanding income. Expanding profit lessens the danger of rebelliousness for this firm.
Im gonna go with e sorry if it’s wrong
Answer: The loan was taken for 265 days.
We arrive at the answer as follows:
First we find the ratio of interest paid to the total loan amount to determine the interest rate:
Interest paid = $1,307
Loan Amount = $45,000
Since the interest rate calculated above is less than the annual interest rate at 4%, we conclude that the loan taken was for a period of less than one year.
We can determine the period for which the loan was taken as follows:
Let 'x' be the time for which the loan was taken.
We need to solve for x in the proportion below
0.04 : 365 :: 0.029044444:x
Solving we get,
