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3 years ago

If Joanna is risk averse, then:__________.

Business

1 answer:

Rina8888 [55]3 years ago

4 0

Answer:

c. she dislikes bad things more than she likes comparable good things.

Explanation:

In business sense where this falls to place, a risk aversed person is someone who invests in stock, trades and other business with an aim to possibly minimize any form of losses in his or her tine in doing these businesses. S/he is likely or can comfortable do a business and be sure of little interest or returns rather than venturing or risking trying deals that outcomes or returns are totally uncertain to the investor. Therefore after evaluations of this kind, it is easily denoted that being a risk taker could possibly be the opposite of being risk averse.

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Prepare journal entries to record the following merchandising transactions of Cabela's, which uses the perpetual inventory syste

inessss [21]

Answer:

The journal entries are recorded below;

Explanation:

July 1.

1. Inventory Dr.$6,700

Accounts Payable Cr.$6,700

2. A/R Creek Co. Dr.$950

Sales Revenue Cr.$950

Cost of Goods Sold Dr.$558

Inventory Cr.$558

3. inventory Dr.$125

Cash cr.$125

8. Cash Dr.$2,400

Sales Revenue Cr.$2,400

Cost of Goods Sold Dr.$2,000

Inventory Cr.$2,000

9. Inventory Dr.$2,400

Accounts Payable-Leight Co Cr.$2,400

11. Accounts Payable Dr.$400

Inventory Cr.$400

12. Cash Dr.$931

Discount Allowed Dr.$19

A/R CreekCo. Cr.$950

16. Accounts Payable Dr.$6,700

Bank Cr.$6,566

Inventory Cr.$ 134

19. A/R Art Co Dr.$1,200

Sales Revenue Cr.$1,200

Cost of Goods Sold Dr.$800

Inventory Cr.$800

21. Allowance on Goods Dr.$200

A/R Art Co. Cr.$200

24. Accounts Payable Dr.$2,400

Bank Cr.$2,352

Inventory Cr.$48

30. Bank Dr.$1,000

A/R Art Co.(1,200-200) Cr.$1,000

31. A/R Creek Co. Dr.$6,900

Sales Revenue Cr.$6,900

Cost of Goods Sold Dr.$5,500

Inventory Cr.$5,500

7 0

3 years ago

Read 2 more answers

Question 9 of 20

Lubov Fominskaja [6]

Umm what ;-; Imao I don’t get this

7 0

3 years ago

Adjusting entries are recorded<br> ___of an accounting period.

ExtremeBDS [4]

Answer:

at the end

Explanation:

Adjusting entries are made at the end of an accounting period after a trial balance is prepared to adjust the revenues and expenses for the period in which they occurred.

5 0

2 years ago

A municipal bond is paying a 6% annual yield. An equivalent risk corporate bond is paying 7%. Investors with a tax rate of ____

faltersainse [42]

Answer:

The correct answer is 25%

Explanation:

To calculate the value of the tax rate to decide on the municipal bond, we must take the information of the annual yield minus the expenses associated with this product, on the interest of the corporate bond:

Tax Rate = 1 - (0.0525 / 0.0700) = 25%

In this way, 25% or more, is a percentage of the tax rate that can make them decide on the municipal bond option.

6 0

2 years ago

Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1

yaroslaw [1]

Answer:

Mijka Company

a. Journal Entries

Debit Cash $30,400

Credit Service Revenue $30,400

To record the proceeds for services provided.

Debit Expenses $13,800

Credit Cash $13,800

To record the payment of cash for services.

Debit Dividend $2,100

Credit Cash $2,100

To record the payment of cash dividend.

b. Income Statement for the year ended December 31, 2018:

Service Revenue $30,400

Expenses 13,800

Net Income $16,600

Dividends (2,100)

Retained earnings $14,500

Statement of Changes in Stockholders' Equity as of December 31, 2018:

Retained Earnings $14,500

Balance Sheet as of December 31, 2018:

Assets:

Cash $14,500

Equity:

Retained Earnings $14,500

Explanation:

a) Data and Calculations:

Cash revenue $30,400

Cash expense (13,800)

Cash dividend (2,100)

Cash balance $14,500

5 0

2 years ago