1. The risk free rate of return is often measured by the return on US Treasury Bills. True or False?

Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing its bakery business and sold

ddd [48]

Answer:

Particulars Amount

Purchase price $700,000

Add: Freight cost $35,000

Add: Electrical connections $5,000

Add: Labor costs $37,800

Add: Bred dough used $900

Add: Safety guards $1,500

Total cost of Equipment $780,200

Note: Repairs cost of $5,000 will not be included

5 0

3 years ago

Assume that the interest rate on borrowings in south korea is 1 percent, but the interest rate on deposits in british banks is 7

Vikentia [17]

The trader involved is in carry trade.

Further Explanation:

Carry Trade: It is defined as a strategy that is used in trading which involves borrowing money at a lower rate of interest and investing in an asset that gives a higher rate of return. It involves borrowing money in a currency that is having a low rate of interest and convert the borrowed sum of money into other currency. The amount is then placed in a deposit in the currency that offers a high-interest rate. It invests in the assets like bonds, stocks, real estate, or commodities that are designated in the other currency.

The two risks that are involved in carry trade are the risk of decline in the price of the assets in which investment is made and exchange risk. This is common in the Foreign exchange market.

Therefore, the trader is involved in carry trade.

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Answer details:

Grade: High School

Subject: Economics

Chapter: Types of trade

Keywords: the interest rate, South Korea, 1 percent, deposits in British banks, 7 percent, a trader, 1 million South Korean won, British pounds, deposits in a British bank, carry trade, trade involved in, FX market.

5 0

2 years ago

In Dart Co.'s Year 2 single-step income statement, as prepared by Dart's controller, the section titled "Revenues" consisted of

Amanda [17]

Answer:

what amount should Dart report as total revenues?

B. $250,000

Explanation:

The option B is the answer because the others option are not part of revenues during the year to the single step income.

The recovery of accounts written off are not part of revenues, it's an adjustment to the allowance for uncollectible accounts.

Then, the Purchase discounts is not part of revenues either, this kind of discounts goes directly to the valuation of inventory and then to the cost of goods.

8 0

2 years ago

Financial Statements from the End-of-Period Spreadsheet

alexdok [17]

Answer: See explanation

Explanation:

Triton Consulting Income Statement For the Year Ended April 30, 20Y3:

Fees earned 279000

Less: Expenses:

Salary expenses = 242000

Supplies expenses 1650

Depreciation expense. 900

Miscellaneous expenses 2000

Total expense = 246550

Net income 32450

Triton Consulting Balance Sheet April 30, 20Y3

Assets

Current assets

Cash 21500

Account receivable 51150

Supplies 750

Total current asset = 73400

Property, plant and equipments

Office equipment 32000

Accumulated Depreciation 5400

Total property,plant and equipment = 26600

Total asset = 100,000

Liabilities

Current liabilities:

Account payable: 3350

Salary payable: 2000

Total liabilities = 5350

Stockholders equity

Common stock 20000

Retained earnings 74650

Total stockholders equity = 94650

Total liability and stockholders equity = 100,000

5 0

3 years ago

What is enterprise in your own words

dusya [7]

Answer:

It is something that requires a lot of work

Explanation:

It i sthis answer because it need a lot of people to do it because it is a lot work because it is a big projector / problem

4 0

2 years ago