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Morgarella [4.7K]
8 months ago
5

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

Business
1 answer:
Bezzdna [24]8 months ago
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

brainly.com/question/1305349

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Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from to
diamong [38]

Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.

<h3>When the business earns normal profits?</h3>

A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.

Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.

learn more about Normal profit:

brainly.com/question/13800389

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5 0
1 year ago
This problem has been solved! See the answer On January 1, Helmut pays $2,000 for a 10% capital, profits, and loss interest in a
Alinara [238K]

Answer:

Helmut's basis at year-end is $3,900.

Explanation:

Beginning Basis  = $2,000

Add: January 1 Liabilities at the rate of 10% = $20,000 × 10% = $2,000

Add: Increase in liabilities by the rate of 10% = $5,000 × 10% = $500

Less: Loss incurred at the rate of  10%  = ($6,000 × 10%) = $600

Basis at the end of the year = $2,000 + $2,000 + $500 - $600

Basis at the end of the year = $3,900.

4 0
3 years ago
During its first month of operation, the Quick Tax Corporation, which specializes in tax preparation, completed the following tr
DanielleElmas [232]

Answer:

Trial Income Statement:

Service revenue         $17,000

Rent expense            ($3,500)

Insurance expense      ($350)

<u>Wages expense       ($10,500)</u>

Net income                $2,650

*We need to adjust other expenses like supplies or utilities. I assumed the salaries paid were for a 10 days period since no one pays salaries in advance.

Trial Balance Sheet

Assets:

Cash $62,200

Supplies $1,000

Prepaid insurance $3,850

<u>Equipment $10,000           </u>

Total Assets $77,050

Liabilities and Equity:

Accounts payable $8,000

Wages payable $7,000

Common Stock $60,000

<u>Retained earnings $2,050               </u>

Total Liabilities and Equity $77,050

Explanation:

July 1

Dr Cash 60,000

    Cr Common stock 60,000 (6,000 stocks $10 par value)

July 3

<u>Rent expense 3,500</u>

    Cr Cash 3,500

July 5

Dr Prepaid insurance 4,200

    Cr Cash 4,200

Adjusting entry July 31

Dr Insurance expense 350

    Cr Prepaid insurance 350

July 7

Dr Supplies 1,000

    Cr Accounts payable 1,000

July 10

Dr Wages expense 3,500

    Cr Cash 3,500

Adjusting entry July 31

Dr Wages expense 7,000 ($3,500 x 2 10 day periods)

    Cr Wages payable 7,000

July 14

Dr Equipment 10,000

    Cr Cash 2,500

    Cr Accounts payable 7,500

July 15

Dr Cash 8,000

    Cr Service revenue 8,000

July 19

Dr Accounts payable 500

    Cr Cash 500

July 31

Dr Cash 9,000

    Cr Service revenue 9,000

Dr Retained earnings 600

    Cr Dividends payable 600

Dr Dividends payable 600

    Cr Cash 600

6 0
2 years ago
Once I click the link to go the quiz I have one hour to complete it before I get kicked out of the page. It is due tonight befor
Ratling [72]
That kinda sucks. how’s it going for you
3 0
3 years ago
Three years after graduating from​ college, you get a promotion and a 16 percent raise. Your consumption habits change according
svlad2 [7]

Answer:

B. Inferior good

Explanation:

In this case, total income increased because of the promotion and a 16 percent raise. Because of this, the consumption of frozen hot dogs decreased. If the demand for a good or service decreases due to an increase in income, then this is an inferior good. This kind of goods are the opposite of normal goods, because the demand for those increase when there is an increase in income.

7 0
3 years ago
Read 2 more answers
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