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3 years ago

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Unsystematic Risk:a. can be effectively eliminated by portfolio diversificationb. is compensated for the risk premiumc. is measu

red by betad. is measured by standard deviatione. is related to the overall economy

1 answer:

LenKa [72]3 years ago

5 0

Answer:

A. Can be effectively eliminated by portfolio diversification.

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sean, 17, a snowboarder, signs a long-term endorsement agreement for sportswear. he endorses the products and deposits his compe

Degger [83]

A settlement made with the aid of using a minor is frequently voidable, however a minor can most effective keep away from a settlement all through his or her minority popularity and for an inexpensive time after he reaches the age of majority. After an inexpensive length of time, the settlement is deemed to be ratified and cannot be avoided.

Facts of the case: Sean, 17, a snowboarder, signs a long-term endorsement agreement for sportswear. At age 19, he wants to void the agreement by claiming that he lacked capacity when he signed the deal at 17.
Rule of Law: Minor's Contracts are voidable at the option of Minor.
Analysis: Since, Minor's Contract is voidable at the option of the Minor who Signs the Contact can either honor the contract or void the contract. A minor can void a contract for lack of capacity, only when he is still under the age of majority. If a minor turn 18 i.e., After attaining Majority and hasn't done anything to void the contract, then the contract can no longer be voided.
Here, Sean has not done anything to void the contract on attaining the age of 18. So, he at the age of 19, cannot void the agreement by claiming that he lacked capacity when he signed the agreement at 17.
Decision: Sean Vs. Sportswear Company: In the light of the above provisions, a Court will not permit Sean to now void the agreement.

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8 0

1 year ago

Manuel is a manager for a manufacturing company in which managers are expected to fully document all decisions and in which it i

ikadub [295]

Answer: Low risk taking culture

Explanation:

Organisational culture includes the behaviour, beliefs, value and principles in which an organisation operates on. It's entails the way business are done, decisions are made etc.

Low risk taking is an organisation culture aimed at minimising risks. Recommendations and Decisions are based on facts and genuine data not on abstract and unreal thoughts with decisions fully documented.

7 0

3 years ago

Adelene, who lives in a winter resort area, rented her personal residence for 14 days while she was visiting Brussels. Rent inco

frez [133]

Answer:

a) The effect the rental activity has on Adelene's AGI is $0.

b) The total rental income is less than the total expenses for the year, so the reportable rental income is $0.

Explanation:

a)

particulars amount amount

rental income $5,000

property taxes $3,800

mortgage interest $7,500

utilities $3,700

insurance $2,500

repairs $2,100

depreciation $15,000

total deduction $34,600

AGI $0

Therefore, The effect the rental activity has on Adelene's AGI is $0.

b)

particulars amount

Real property taxes $3,800

mortgage interest $7,500

utilities $3,700

insurance $2,500

repairs $2,100

depreciation $15,000

total expenses $34,600

Therefore, The total rental income is less than the total expenses for the year, so the reportable rental income is $0.

7 0

3 years ago

Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, m

DanielleElmas [232]

Answer:

Bavarian Chocolate Company

Blending Department

1. Cost of Production Report:

Cost of production: Materials Conversion Total

Beginning WIP $37,950 $8,418 $46,368

Direct materials, 26,000 units 429,000 149,040 578,040

Total cost or production $466,950 $157,458 $624,408

(See the workings of this report below.)

2. Change in direct materials cost per equivalent unit

Increase or Decrease

Materials Conversion

September $16.50 $6.005

October $16.51 $5.99

Amount $0.01 $0.015

Increase Decrease

Explanation:

a) Data and Calculations:

partial work in process account of the Blending Department at October 31, 2014:

Date Item Debit Credit Balance

Oct.1 Bal., 2,300 units, 3/5 completed 46,368

31 Direct materials, 26,000 units 429,000 475,368

31 Direct labor 100,560 575,928

31 Factory overhead 48,480 624,408

31 Goods transferred, 25,700 units 578,378 46,030

31 Bal., 2,600 units, 1/5 completed 46,030

Ending units in process:

Beginning units in process 2,300

Direct materials 26,000

Units available for production 28,300

Units transferred out 25,700

Ending units in process 2,600

Equivalent units of production: Materials Conversion

Units started and completed = 25,700 25,700 25,700

Ending WIP 2,600 2,600 520 (1/5 * 2,600)

Equivalent units produced 28,300 26,220

Cost per unit of direct materials = $429,000/26,000 = $16.50

Cost of production: Materials Conversion Total

Beginning WIP $37,950 $8,418 $46,368

Direct materials, 26,000 units 429,000 149,040 578,040

Total cost or production $466,950 $157,458 $624,408

Cost per equivalent unit: Materials Conversion

Total cost or production $466,950 $157,458

Equivalent units produced 28,300 26,220

Cost per equivalent unit $16.50 $6.005

Assignment of cost to units completed and ending WIP:

Materials Conversion Total

Units transferred out (25,700) $424,050 $154,328 $578,378

Ending WIP (2,600/520) 42,900 3,130 46,030

Total $466,950 $157,458 $624,408

2. Assuming that the October 1 work in process inventory includes direct materials of $38,295, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between September and October.

Cost of production: Materials Conversion Total

Beginning WIP $38,295 $8,073 $46,368

Direct materials, 26,000 units 429,000 149,040 578,040

Total cost or production $467,295 $157,113 $624,408

Cost per equivalent unit: Materials Conversion

Total cost or production $467,295 $157,113

Equivalent units produced 28,300 26,220

Cost per equivalent unit $16.51 $5.99

Assignment of cost to units completed and ending WIP:

Materials Conversion Total

Units transferred out (25,700) $424,307 $153,943 $578,250

Ending WIP (2,600/520) 42,926 3,115 46,041

Total $467,233 $157,058 $624,291

5 0

3 years ago

AllTech Corporation had a balance of $ 1 comma 800 in Prepaid Supplies at the beginning of the year. The company purchased $ 1 c

posledela

Answer:

What is the amount of Supplies Expense that AllTech Corporation will recognize for the year?

$1050

Explanation:

Beggining of the year 1800

Purchased 1150

End of the year 1900

Expenses 1050

end = beg+purtcahse-expense

expense=beg+purchases-end

expense=1050

4 0

3 years ago