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1 year ago

Publications reporting total return data for an investment should use the recommended reporting period of:______.

1 answer:

8 0

Publications reporting total return data for investment should use the recommended reporting period of 1 year, 5 years, and the lesser of 10 years of the life of the investment

The definition of investment is an asset that is purchased or invested to build wealth and save money from hard-earned income or capital appreciation. The importance of investment is primarily to gain an additional source of income or to make a profit from the investment over a period of time.

Time deposits are primarily investments in banks. A fixed interest rate is paid and the original investment funds are returned to the depositor at maturity. Example: Mr. B deposited her $1 million in her XY bank. XY Bank pays interest at 10% per annum.

Investments generally fall into three main categories: stocks, bonds, and cash equivalents. Each bucket has different types of investments. Here are six types of investments you can consider for long-term growth and what you need to know about each.

Learn more about investment here

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Intercontinental Inc., uses a periodic inventory system. At the end of Year 2, the account records provided the following inform

densk [106]

Answer:

Intercontinental Inc.

The amount of ending inventory is = $16,380

The cost of goods sold is = $37,810

Explanation:

a) Data and Calculations:

Units Unit Cost Total Cost

Inventory, December 31, Year 1 1,830 $ 6 $10,980

For Year 2: Purchase, March 21, Year 2 6,200 $ 5 31,000

Purchase, August 1, Year 2 4,070 $ 3 12,210

Total cost of inventory 12,100 $54,190

Inventory, December 31, Year 2 2,910 16,380

Cost of units sold 9,190 $37,810

Cost of ending inventory, 2,910

= 1,830 at $6 = $10,980

1,080 at $5 = 5,400

2,910 = $16,380

Cost of goods sold = Cost of inventory available minus the cost of ending inventory

= $54,190 - $16,380

= $37,810

6 0

2 years ago

Ariana withdrew $400,000 out of her personal savings account and used it to start her new Internet cafe. The savings account pay

Vikki [24]

Answer:

The Ariana's accounting profit for the year was $6,000

Explanation:

Accounting Profit : The accounting profit is that profit which records the difference of total revenues and total direct cost.

Where,

Total revenues includes sales revenues

And total cost includes monetary cost, etc.

So,

Accounting profit = Total revenues - Total cost

where

Total revenues = 2,000 × $2.5 + 4,000 ×$2.5 = $15,000

Monetary cost = $9,000

So,

Accounting profit = $15000 - $9000 = $6,000

Hence, the Ariana's accounting profit for the year was $6,000

7 0

3 years ago

At a specific point on the demand curve for backpacks, the elasticity of demand is calculated to be -0.5.a. At that point, we wo

anzhelika [568]

Answer:

Inelastic; 5%; fall; 10%; rise

Explanation:

Price elasticity of demand is always negative for normal goods. This happens because of the law of demand, that demand falls with rise in price.

Price elasticity between 0 and 1 shows inelastic demand.

This means that there is smaller change in demand due to a greater change in price level.

Price elasticity of demand is -0.5.

If the price falls by 10%, demand will increase by 5%.

The revenue will fall, because of greater fall in price.

If the price increases by 20%, demand will fall by 10%.

Revenue will increase because of greater increase in price.

4 0

3 years ago

Read 2 more answers

Which statement below is FALSE? A. Mintzberg's notion of "crafting" strategies embodies the artistic model, which suggests t

OlgaM077 [116]

Answer:

Explanation:

3 0

3 years ago

In the retail industry, ABC tries to add value to their products and services so they can attract customers who are willing to p

kicyunya [14]

Answer:

A. Differentiation strategy.

Explanation:

In a market different firms try to maintain a competitive edge over others. This is achieved by using various strategies like: Differentiation strategy, Local strategy, Regional strategy, Cost-leadership strategy, Global strategy.

In the given scenario ABC tries to add value to their products and services so they can attract customers who are willing to pay a higher price.

This is a differentiation strategy where a firm tries to make their product different from.otgers in order to maintain a competitive advantage over others

5 0

3 years ago