Answer:
7.78%
Explanation:
Calculation for the expected return on a portfolio
First step is to calculate the portfolio beta
Portfolio beta=30%*1.1+30%*0.7=1.15
Portfolio beta=0.33+0.21
Portfolio beta=0.54
Now let calculate the expected return using this formula
Expected return=rf+(Portfolio beta*mrp)
Let plug in the formula
Expected return=4%+(0.54*7%)
Expected return=7.78%
Therefore the expected return on a portfolio is 7.78%
Answer:
C) Debit Cash $2,750
Credit Accounts Receivable $2,750
Explanation:
When payment is received in respect of services rendered or goods sold in the past periods, the accounting rule is to debit cash or bank as the case may be and credit account receivable for the amount received. This is necessary because in period when transaction took place, revenue has been credited and account receivable debited.
I think it’s d but not sure
Answer and Explanation:
The adjusting entry is as follows
Interest Expense ($455,000 × 6% × 6 months ÷ 12 months) $13,650
To Interest payable
(Being interest expense is recorded)
here the interest expense is debited as it increased the expenses and credited the interest payable as it also increased the liabilities
The six months is calculated from Jan 1 to June 30
