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Ratling [72]
3 years ago
7

Since investors tend to dislike risk and like certainty, the more volatile a stock, the less valuable will be an option to purch

ase the stock, other things held constant.A. True
B.False
Business
1 answer:
Kisachek [45]3 years ago
4 0

Answer: false

Explanation: A volatile stock is a kind of stock where shares has a high tendency to easily rise or fall. A volatile stock is a high risk stock, where if an investor is lucky, he can gain big and if unlucky can loss big also.

The possibility of high gain would attract some investors to this kind of stock investment.

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The general ledger shows a balance of $ 66 comma 200 in the Merchandise Inventory account at the end of the period. The physical
madam [21]

Answer:

The adjusting entry includes a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $3,200

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale or purchase of inventory immediately

The adjusting entry is calculated by subtracting the physical inventory account from the merchandise inventory account

Given

Physical Inventory Account= $63,000

Merchandise Inventory Account= $66200

Adjusting Entry = Merchandise Inventory Account - Physical Inventory Account

Adjusting Entry = $66,200 - $63,000

Adjusting Entry = $3200

6 0
3 years ago
John earns $5.75 per hour. He worked 40.0 hours last week. What was the amount of his check?
Nataliya [291]
John would have made 230$
5 0
3 years ago
Read 2 more answers
Hammes Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and
Sergio039 [100]

Answer:

c. $191 Favorable

Explanation:

                                  Flexible budget   Planning budget   Activity variance

Units produced              5,510 units            5,500 units

Revenue                         $237,481               $237,050

Total Expenses              ($207,340)            ($207,100)

Net Operating Income   $30,141                  $29,950                $191 F

<u>Workings</u>

Flexible budget revenue = 5,510 units*$43.10 = $237,481

Planning budget revenue =  5,500 units*$43.10 = $237,050

Flexible budget expenses =  $75,100 + $24*5510 = $207,340

Planning budget expenses = $75,100 + $24*5500 = $207,100

4 0
2 years ago
Ross company paid current month's rent, $1300. which accounts are affected​
telo118 [61]
The accounts affected are Ross company and rent account
3 0
3 years ago
Cindy earned a 10 percent increase in her salary and received the entire increase at the beginning of the year, with the stipula
sammy [17]

Answer:

Lump-sum salary increase.

Explanation:

A lump-sum salary increase is an amount paid instead of increase in salary. It is not added to the fixed base salary, it is instead given in the form of a single cash payment, as it is the case with Cindy here. This is why it is also known as lump sum bonus, because it is given as a single payment, as it was in Cindy’s case, all given at the beginning of the year.

7 0
3 years ago
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