Answer:
GDP is higher than normal
Explanation:
This is a situation where GDP is higher than the usual and it shows that the economy is above the employment level and overly active. The extra gross domestic product leads to an increase in demand for goods and services and that leads to high inflation. The initial sighs include, increase in employment rate, more wages, high demand.
Collision insurance cover damage
Answer:
Answer D.
Explanation:
Job specialization is needed when we want to be sure that specific job is performed by the person who have desired skills. In large organization its needed to structure teams, to assign tasks to people with right skills, to deliver work in efficient way.
Answer:
The expected return on the portfolio is:
10.31% ($3,331.40)
Explanation:
a) Data and Calculations:
Portfolio investments: Expected Returns % Expected Returns $
Stock M = $13,400 8.50% $1,139
Stock N = $18,900 11.60% $2,192.40
Total $32,300 10.31% $3,331.40
Total expected returns in percentage is Expected Returns $/Total Investments * 100
= $3,331.40/$32,300 * 100
= 10.31%
b) The expected returns on the portfolio is derived by calculating the expected returns for each investment and summing up. Then dividing the expected portfolio returns by the portfolio investment. This yields 10.31% percentage value.
Answer:
Explanation:
The journal entries are shown below:
1. Cash A/c Dr$598
To Sales $560
To Cash over and short $38
(Being the cash sales are recorded and the remaining balance is credited to the cash over and short account)
2. Cash A/c Dr $1,112
Cash over and short A/c Dr $36
To Sales A/c $1,148
(Being the cash sales are recorded and the remaining balance is debited to the cash over and short account)
