Answer:
Option (d) is correct.
Explanation:
Given that,
Inventory sold to Alberta, Inc. on account = $5,800
Cost of goods sold = $4,000
The journal entries are as follows:
(i) On October 1,
Accounts receivable A/c Dr. $5,800
To sales A/c $5,800
(To record the credit sale of inventory)
(ii) On October 1,
Cost of goods sold A/c Dr. $4,000
To Merchandise inventory A/c $4,000
(To record the cost of goods sold)
She must babysit for 27 hours.
60 x 3 = 180 (3 nights)
350 (Airfare)
+375 (food)
-------
905
- 500 (Savings)
-------
405 / 15 = 27 hours needed
(An hour)
Answer:
-0.78%
Explanation:
Firstly, we need to calculate the bond price after one year, which is the sum of discounted coupon payment plus the par value
New bond price = 70/(1 + 9%) + 70/(1 + 9%)^2 +...+ 70/(1 + 9%)^5 + 1000/(1 + 9%)^5 = 922.21
The holding period return includes:
1. Income gain = 70/1000 = 7%
2. Capital gain = 922.21/1000 - 1 = -7.78%
Total return = 7% - 7.78% = -0.78%
Answer:
The basic methods for risk management—avoidance, retention, sharing, transferring, and loss prevention and reduction—can apply to all facets of an individual's life and can pay off in the long run.
Explanation:
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