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3 years ago

7

With a(n) _______ financial statement, the accountant has put the information into the required format and performed a limited r

eview of the information provided by managemen

1 answer:

zheka24 [161]3 years ago

6 0

I’m not rlly sure what this answe is

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In microeconomics, what term refers to the measurement of responsiveness of the quantity demanded or the quantity supplied to a

Bess [88]

Hello!
The answer to your question is "price elasticity".
:)

5 0

3 years ago

Adam, Ben and Erica are liquidating their partnership. Before selling the assets and paying the liabilities, the capital balance

ser-zykov [4K]

Answer:

Adam = $41,000 , Ben = $31,000 , Erica =$20,000

Profit and loss sharing Ratio respectively =1:1:2

<u>Requirement 1</u>

Cash available $72,000

Add: Cash received from sale of <u>$50,000</u>

non-cash assets

$122,000

Less: Cash paid against account <u>$20,000 </u>

receivables

Cash to be distributed <u>$102,000</u>

<u />

<em><u>Distribution</u></em><em> </em>

Adam= $102,000 * 1/4 = $25,500

Ben = $102,000 * 1/4 = $25,500

Erica = $102,000 * 2/4 = $51,000

<u>Requirement 2</u>

Cash available $72,000

Add: Cash received from sale of <u>$25,000</u>

non-cash assets

$97,000

Less: Cash paid against account <u>$20,000 </u>

receivables

Cash to be distributed <u>$77,000</u>

<u />

<em><u>Distribution</u></em><em> </em>

Adam= $77,000 * 1/4 = $19,250

Ben = $77,000 * 1/4 = $19,250

Erica = $77,000 * 2/4 = $38,500

3 0

3 years ago

Delinquency occurs at how many days past due on your loan repayment?

Maslowich

Delinquencies are reported when the loan is 30 or more days past due to the credit bureau. When the borrower is 90 or more days past due is stated to be a serious delinquency.

<u>Explanation:</u>

Delinquency is a situation in which the loan borrower fails to pay the loan or makes an overdue on the periodical payment.

<u>Delinquency rate:</u>

The percentage of loans within the loan portfolio of a financial institution whose payments are delinquent. The formula to calculate the delinquency rate is as follows,

$\text{Delinquency Rate }=\frac{\text{Number of delinquent accounts}}{\text{total number of credit accounts}}\times100$

<u>Average days delinquent:</u>

This is calculated by subtracting the days sales outstanding (DSO) from best Possible DSO which is represented as

<u></u> $\bold{\text{ADD= Days Sales Outstanding - Best Possible Days Sales Outstanding}}$ <u></u>

5 0

3 years ago

A university has just hired additional faculty and staff. Who of the following is most likely to earn the highest pay?

Sladkaya [172]

I guess both the same pay,
cause the university tallies the amount of work to both of them

5 0

3 years ago

The current price of a stock is $50, the annual risk-free rate is 6%, and a 1-year call option with a strike price of $55 sells

wariber [46]

Answer:

$9.00.

Explanation:

The computation of the value of a put option is shown below:

Data provided in the question

Current price of the stock = $50

Risk free rate = 6%

Strike price = $55

Sale price = $7.20

Based on the above information

The value of put option is

Put = V - P + X exp(-r t)

= $7.20 - $50 + $55 e RF - 0.06(1)

= $7.20 - $50 + $51.80

= $9.00

Hence, the value of put option is $9

6 0

3 years ago