All categories

4 years ago

The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances.

Business

1 answer:

salantis [7]4 years ago

3 0

Answer:

The answer is B. $13,900

Explanation:

Please refer to the attached for the preparation of the trial balance.

For trial balance to balance, the total debit must equal to total credit.

Debit = $13,900

Credit = $13,900

You might be interested in

I need to know the answer of this question

Lunna [17]

Answer: D. Discouraged Worker

Explanation:

a discouraged worker is a person of legal employment age who is not actively seeking employment or who has not found employment after long-term unemployment

5 0

3 years ago

Let’s assume that each person in the United States consumes an average of 39 gallons of soft drinks (non-diet) at an average pri

icang [17]

Answer:

Instrucitons are listed below.

Explanation:

Giving the following information:

Let’s assume that each person in the United States consumes an average of 39 gallons of soft drinks (non-diet) at an average price of $2.00 per gallon and that the U.S. population is 295 million. At a price of $1.50 per gallon, each consumer would demand 49 gallons of soft drinks.

Price= 2

Demand= 295*39= 11,505 million

Price= 1.5

Demand= 295*49= 14,455 million

8 0

3 years ago

An investor owns $8,000 of Adobe Systems stock, $9,000 of Dow Chemical, and $9,000 of Office Depot. What are the portfolio weigh

Grace [21]

Answer:

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

Explanation:

Calculation for the portfolio weights of each stock

First step is to calculate the Total portfolio

Total portfolio = $8,000 + $9,000 + $9,000

Total portfolio == $26,000

Last step is to calculate the portfolio weights of each stock

Adobe System weight = $8,000 / $26,000

Adobe System weight = 0.3077

Dow Chemical weight = $9,000 / $26,000

Dow Chemical weight = 0.3462

Office Depot weight = $9,000 / $26,000

Office Depot weight= 0.3462

Therefore the portfolio weights of each stock will be :

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

7 0

3 years ago

Your grandmother asks for your help in choosing a certificate of deposit (CD) from a bank with a one-year maturity and a fixed

CaHeK987 [17]

Answer:

1.97% and 2.01%

Explanation:

The computation of the effective annual rate is shown below:-

Effective annual rate = (1 + Annual percentage rate ÷ n)^n -1

For CD 1

= (1 + 0.0195 ÷ 12)^12 - 1

= (1 + 0.001625 )^12 - 1

= (1.001625 )^12 - 1

= 1.97%

For CD 2

= (1 + 0.02 ÷ 2)^2 - 1

= (1 + 0.01 )^2 - 1

= (1.01)^2 - 1

= 2.01%

CD 2 will recommend to the grandmother

3 0

4 years ago

Name 2 properties of liquid

Gnesinka [82]

Answer:

1-Liquids have fixed volume but they have no fixed shape

2-Liquids flow from higher to lower level

5 0

3 years ago