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1 year ago

6

when preparing a trial balance, there are certain steps that need to be followed. place the following steps in the correct order

.

1 answer:

hjlf1 year ago

3 0

Answer:i don’t know why this is right, but i’m here to help and have to have a 20 word count minimum to submit

Explanation:

You might be interested in

How do corporate bonds affect the economy

zheka24 [161]

Answer:

Bonds affect the U.S. economy by determining interest rates, which affect the amount of liquidity and determines how easy or difficult it is to buy things on credit or take out loans for cars, houses, or education

<h2>Please mark me as brainliest</h2>

7 0

3 years ago

Which type of fund generally has the lowest average expense ratio? actively managed international funds indexed funds hedge fund

Leno4ka [110]

The fund that has the lowest average expense ratio from the given options is an Indexed fund.

<h3>Why are expense ratios for Indexed funds so low?</h3>

Index funds are funds that invest on a particular index such as the S&P 500 Index which follows the 500 companies on the S&P.

The way these funds work is by investing on a certain index entirely and then leaving the investment to run on its won based on the returns of the index that was invested in.

Because these funds just follow an index, they do not need people to monitor them and make analysis that will lead to higher returns for investors.

As a result of this, the overhead attached as a result of wages for analysts is reduced. With the total expenses being reduced, so also will the average expense ratio.

In conclusion, the fund that generally has the lowest average expense ratio is the indexed find.

Find out more on indexed funds at brainly.com/question/7804398

#SPJ1

6 0

2 years ago

Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic pric

LenKa [72]

Answer:

Export

True

False

True

Explanation:

Free trade is a form of trade policy where there are no restrictions to imports or exports of goods and services.

The price of meekers is $30 in Meekertown and $40 In the world. Because meeker's are cheaper in Meekertown, it means that Meekertown is efficient in the production of meekers. As a result, they would export meekers to the rest of the world. It would be cost efficient for the rest of the world to import from Meekertown.

Consumers in Meekertown are worse of because of the trade because the price of Meekers would rise.

Producers are better off because they would earn more profits from the sale of Meekers at the world price.

Free trade increases total surplus because of efficient production. If a country is inefficient in production, it would import . This would increase consumer surplus and if it is efficient in production, it would export increasing producer surplus.

I hope my answer helps you

7 0

4 years ago

The automobile industry was uniquely suited to the mass production of

insens350 [35]

Answer:

Military equipment.

Explanation:

American industry during wars required enough of industrial power to outstand other countries. To do this, the automobile industry was specifically equipped with raw materials to manufacture war vehicles such as tanks, jeeps, and trucks. Thus, this industry was uniquely suited to the mass production of 'Military Equipment'.

6 0

4 years ago

Prahm Corp. wants to raise $5.3 million via a rights offering. The company currently has 590,000 shares of common stock outstand

lawyer [7]

Answer:

Proceeds from sale of rights will be $49407.62

Explanation:

Proceeds from the sale of rights

=> Net Proceeds per share = Subscription price per share x (1 – Spread)

= $27 × (1 – 0.06)

= $25.38 per share

=> New shares offered = money raised/net proceeds per share

= 5300000/25.38 = 208826 Shares

=> Number of rights needed = current shares/New share offered

= 590000/208826 = 2.82532

=> The Ex-rights stock price will be

Ex-rights stock price = ((Number of rights needed × selling price per share) + Subscription price) + (Number of rights needed + 1)

= ((2.82532 × 54) + $27 per share) / (2.82532 + 1) = $46.94177 per share

So, the value of a right = Selling price per share - Ex-rights stock price

= $54 - $46.94177

= $7.05823 per share

Therefore, proceeds from selling the rights will be

= Number of shares × value of a right

= 7000 × 7.05823

= $49407.62

Proceeds from sale of rights will be $49407.62

5 0

4 years ago