Answer:
The correct answer is option (C).
Explanation:
According to the scenario, the given data are as follows:
Stock M = $18,200
Expected Return on Stock M = 10.40%
Stock N = $30,900
Expected return on Stock N = 14.30%
So, we can calculate the expected return on portfolio by using the following formula:
Expected return = Respective return (Stock M) × Respective weights (stock M) + Respective return (Stock N) × Respective weights (stock N)
Here, Total investment= ($18,200 + $30,900) = $49,100
So, by putting the value
Expected Return = (18200/49100 × 10.4) + (30900/49100 × 14.30)
= 12.85% (Approx).
Hence, the expected return on the portfolio is 12.85%.
Answer:
The correct answer is D
Explanation:
The journal entry which is to be posted on December 31, is as:
Rent receivable A/c............................Dr $4,400
Rent Earned A/c...............................Cr $4,400
As the two months rent is not paid so the adjusting entry which is to be posted is that the rent receivable account is debited whereas the rent earned account is credited with the amount of two months rent. (which is $2,200 + $2,200 = $4,400).
Answer: EMPATHY
Explanation: Empathy can be defined as the ability of an individual to understand the feelings of other individuals. It is the capacity of experiencing the difficulties that the others are facing.
In the given case, Emily works in an orphanage and believes what she do is important. Emily understands the feeling of loneliness that those orphan children experiences even though she is not an orphan herself. Hence , we can conclude that she is reflecting empathy.
The answer is inventory account and Cost of goods sold account(COGS) respective to the order of the blanks.
Goods not yet sold means the stock we still have in our inventory. Therefore, the costs related to them will be shown in the inventory account as an asset. As we can recover the cost by selling the goods.
On the other hand, goods sold are included in the sales. Therefore, the costs related to these goods which are sold should be written off and adjusted with the sales account by recording them in the Cost of goods sold (COGS) account
Hence, The cost of goods not yet sold is recorded in the Inventory account, whereas the cost of goods that are sold to customers is recorded in the Cost of goods sold account.
Learn more about Cost of goods sold:
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If demand changes greatly with a small change in price, we say the demand is elastic.