Answer: Okay I will subscribe to you right now :) I will also tell my friends too as well
Explanation:
Answer:
E) In general, the higher the expected return, the higher the risk.
Explanation:
In order to attract potential investors, investments that bear a higher risk must offer a higher expected return. This is known as the risk-return tradeoff principle. Abiding by that same logic, investments with lower associated risk tend to offer lower expected returns since they are a "safe bet".
Therefore, the answer is E) In general, the higher the expected return, the higher the risk.
Answer:
$380,800
Explanation:
The accumulated depreciation is the cumulative depreciation of asset. Foxx Corp.'s has accumulated depreciation of $1253000 and $890000 for the year 2021 and 2020. The depreciation expense for the year 2021 will be difference of accumulated depreciation of two years. The depreciation charge will be $1,253,000 - $890,000 = $363,000
The company has also sold a asset which has a carrying value of $57100. The depreciation charge of this asset will be $74,900 - $57,100 = $17,800
The total depreciation expense for the year 2021 is $363,000 + $17,800 = $380,800