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3 years ago

Money managers:

Business

2 answers:

yawa3891 [41]3 years ago

7 0

The answer is D) are on the "but side" of Wall Street.
Just read the text. I'm 100% sure. Text below.

GrogVix [38]3 years ago

3 0

Hello, the answer for you question is D. Money managers "are on the buy side of Wall Street." If you need further proof I have the written text for this question. Thank you and have a nice day.

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The following are the assets and liabilities of Jill Carlson Realty Company, as of January 31, 2018. Also included are revenu

pogonyaev

Complete Question:

Apply the accounting equation; construct a balance sheet) The following are the assets and liabilities of Jill Carlson Realty Company, as of January 31, 2018. Also included are revenue, expense, and selected stockholders' equity figures for the year ended on that date (amounts in millions):

Complete Table is in the attachment given at the end of the answer.

Requirement 1.

Construct the balance sheet of Jill Carlson Realty Company at January 31, 2018. Use the accounting equation to compute ending retained earnings.

<h2>Answer:</h2>

Balance Sheet of Jill Carlson Realty Company, as of January 31, 2018

<h2>ASSETS</h2>

Current Assets

Cash $57.2

Receivables $0.5

Non Current Assets

Investment Assets $79.4

Property, Plant and Equipment $1.6

Other Assets $9.3

Total Assets $148

<h2>LIABILITIES</h2>

Current Liabilities $2.9

Non Current Liabilities $102.6

Total Liabilities $105.5

EQUITY

Common Stock $39.2

Closing Retained Earnings (Step1) $3.3

Total Equity $42.5

Step 1: Find Closing Retained Earnings

As we know that:

Closing Retained Earnings = Total Assets - Total Liabilities - Common Stock

Here

Total Assets is $148 million

Total liabilities is $105.5 million

Common Stock is $39.2 million

By putting these values in the above equation, we have:

Closing Retained Earnings = $148 million - $105.5 million - $39.2 million

Closing Retained Earnings = $3.3 million

7 0

3 years ago

Sally opened her own business and resigned from a job paying $25,000 per year. Her savings acccount pays 8% interest, but she wi

DiKsa [7]

Answer:

A) They would be indifferent, as Sally's income net of costs equals $25,000.

Explanation:

Sally's economic profit = accounting profit - opportunity costs

accounting profit = $12,000
opportunity costs = $25,000 - $15,000 in lost salaries + $2,000 (lost investment revenue) = $12,000

economic profit = $12,000 - $12,000 = $0

Since the economic profit is $0, Sally should be indifferent between running her own business or working for someone else.

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2 years ago

__________ is marketing research to better describe marketing problems, situations, or markets such as the market potential for

Alenkasestr [34]

Answer:

Marketing research is marketing research to better describe marketing problems, situations, or markets such as the market potential for a product or the demographics and attitudes of consumers.

What is marketing research? 

Marketing research is the process of designing, gathering analyzing and reporting information that may be used to solve a specific marketing problem.

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2 years ago

Match each of the following contract principles to the statement that best fits it: A. bargained-for exchange of value to the pa

AnnZ [28]

Answer:D.both parties to the contract agree on the contract terms

A.bargained-for exchange of value to the parties

C.parties' negotiated understanding of terms and intent that lead to the contract

B. the subject matter of the contract does not violate law or public policy

Explanation:D A C B 1.consideration

D A C B 2.mutal Acceptance

D A C B 3. Legality

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3 years ago

Accounts Receivable Analysis A company reports the following: Sales $1,500,000 Average accounts receivable (net) 100,000 Determi

Fudgin [204]

Answer:

A) The account receivables turnover is 15, and B) the number of days sales in receivables is 24.3 days.

Explanation:

A) FORMULA FOR ACCOUNT RECEIVABLES TURNOVER =

NET SALES / AVERAGE ACCOUNT RECEIVABLES

Given information -

Net sales = $1500,000

Average account receivables = $100,000

Putting the values in formula -

= $1500,000 / $100,000

= 15

B) FORMULA FOR NUMBER OF DAYS SALES IN RECEIVABLES =

365 / ACCOUNT RECEIVABLES TURNOVER

= 365 / 15

= 24.3 DAYS

8 0

3 years ago