A mutual fund position that is owned by the individual should be contributed to bring back the position of the advisory firm.
Answer: Option D
<u>Explanation:</u>
Net worth is the value of the firm of all the financial and the non financial assets which the firm owns. The outstanding liabilities of the firm are deducted from the net worth.
Mutual funds have the flexibility where they can manage the cash positions according to themselves. They can be followed by the market speculators and can be used to know the net worth in the market.
Answer
Answer is c) $73000.
Explanation:
Raw material purchase = Ending material+Material used-Beginning material
= 40000+63500-30500
Raw material purchase = 73000
So answer is c) $73000
Answer:
January 24
Explanation:
As its indicated by the trade credit which specify the the net amount is expected to be paid in full by the buyer within net/60 (i.e 60 days).
This is the phrase on an invoice or in a contract that refers to how long a customer has to pay for goods or services after the bill is received, of which there is a discount of 4% (4/10) offered by the supplier if the buyer pays within the 60 days.