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Komok [63]
3 years ago
5

What does the word "Friend" mean?

Business
2 answers:
mafiozo [28]3 years ago
8 0

Someone you have a good bond with

sukhopar [10]3 years ago
6 0

Answer:

I'd say someone of close acquaintance that you can talk to and confide in. Someone that is loyal and you can trust.

You might be interested in
Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio'
MA_775_DIABLO [31]

Answer:

The new portfolio beta is 1.31 rounded off to two decimal places.

Explanation:

The portfolio beta is a function of the sum of the weighted average betas of the individual stock's that form up the portfolio. The portfolio beta is calculated using the following formula,

Portfolio beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N

Where,

  • w is the weightage of each stock in the portfolio

The beta of the portfolio when one stock with a beta of 1 is sold is,

The sum of individual stock betas for 19 stocks is = 20 * 1.31  -  1 * 1  = 25.2

The new portfolio beta when one stock with a beta of 0.97 is added is,

Portfolio beta = (25.2 + 0.97) / 20

Portfolio beta = 1.3085 rounded off to 1.31

4 0
3 years ago
On January 1, 2021, Weaver Corporation purchased a patent for $210,000. The remaining legal life is 20 years, but the company es
Ne4ueva [31]

Answer:

Requirement 1. Journal for purchasing Patent:

Jan 01, 2021    Patent Rights (Debit)                    210,000

                                  Cash/Bank (Credit)                            210,000

Requirement 2. Journal for amortization expense for the year ended 31 Dec, 2021:

Dec 31, 2021    Amortization expense - Patent    35,000

                                   Accumulated amortization                 35,000

Requirement 3. Journal for amortization expense for the year ended 31 Dec, 2022:

Dec 31, 2022    Amortization expense - Patent    35,000

                                   Accumulated amortization                 35,000

Requirement 4. Journal for incurring legal fees

Jan 31, 2023     Legal fees                                      30,000

                                    Cash/Bank                                          30,000

Requirement 5. Journal for amortization expense for the year ended 31 Dec, 2023:

Dec 31, 2023    Amortization expense - Patent    35,000

                                   Accumulated amortization                 35,000

Explanation:

Requirement 1.

Since Weaver corporation purchases a patent, it costs the company cash or bank balance. As the patent is a non-current intangible asset, it is a debit. On the other hand, as cash decreases due to the purchase of patent, the cash is a credit. In this journal, an asset (Non-current asset) increases, and another asset (Current asset) decreases. There will be no effect on the total asset.

Requirement 2, 3 and 5. All the calculations will be the same as it is a straight-line method of amortization. Straight-line depreciation (amortization) is a method of expense on an asset over a long period. The expense is the same over the period as the expense is calculated as the total cost divided by the useful number of years. Again, as the patent is an intangible asset; therefore, the asset has to be amortized instead of depreciated.

The amortization expense of patent is = $210,000/6 = $35,000

Since, the company estimates the patent's useful life will be 6 years. Therefore, the amortization expense will be $35,000 for each year.

Requirement 4: Since legal fees is an expense, the company pays for this due to the occurrence of legal issues. The expense decreases the cash; therefore, it is a credit. On the contrary, the legal fees are a debit as it decreases net income. The legal fees, however, does not affect the amortization expense as it is not adding to the cost of the patent.

7 0
3 years ago
Alpha Products maintains a capital structure of 40 percent debt and 60 percent common equity. To finance its capital budget for
ad-work [718]

Answer:

its weighted cost of capital for the coming year is 9.64%

Explanation:

WACC is the minimum return expected from a project. It shows the risk of the company.

<u>Calculation of WACC.</u>

Capital Source              Weight            Cost               Total

Debt                                  40%            6.60%             2.64%

Common Equity               60%             11.67%            7.00%

Total                                100%                                    9.64%

Cost of Debt = Market Interest Rate × ( 1 - tax rate)

                     = 11%×(1-0.40)

                     = 6.60%

Cost of Equity = (Next year`s dividend/Current Market Price of a share)+Expected growth rate

                       = ($1.40/$30)+0.07

                       = 11.67%

8 0
3 years ago
The Fed's Federal Open Market Committee
Juliette [100K]

Answer and Explanation:

d. is the Fed's primary monetary policymaking body.

7 0
3 years ago
If a small country wants to buy aircraft from the United States and the United States wants to export its aircraft, the United S
zhuklara [117]

If a small country wants to buy aircraft from the United States and the United States wants to export its aircraft, the United States may work through WTO in removing preset trade barriers so that the small country can more easily purchase the aircraft.

Explanation:

The World Trade Organisation (WTO) is the only international organisation that follows global trade law. It primarily ensures trading is as easy, consistent and free as possible.

World countries meet in the WTO to discuss whether trade restrictions, such as tariffs, should be reduced. WTO talks are conducted in "rounds" where every nation negotiates a trade development agreement, takes a year or two off again and starts negotiations for a new deal.

3 0
3 years ago
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