Answer:
b.
Explanation:
Based on the scenario being described within the question it can be said that the Alabama court is not likely to have jurisdiction over the case. Mainly due to the fact that the company that is being sued does not have a headquarters located in Alabama and does not physically or intentionally contact individuals from Alabama to conduct business with.
Answer: –0.0130
Explanation:
Correlation given the variance and the standard deviation of the two returns can be calculated by;
Correlation coefficient = Covariance of returns on investment A and B / (Standard deviation of return on investment A * Standard deviation of return on investment B).
Rearranging the formula, Covariance becomes;
Covariance of returns on investment A and B = Correlation coefficient * (Standard deviation of return on investment A * Standard deviation of return on investment B)
Covariance of returns on investment A and B = -0.260 * 0.25 * 0.20
Covariance of returns on investment A and B = –0.0130
Answer:
A. Debit internet expense $200 and credit prepaid internet service $200.
Explanation:
On December 31 total expense of 3 months has been accrued and it should be recorded on the period end as per accrual basis and the balance should be transferred from prepaid internet service account to internet service expense account.
Accrued Internet Expense for the period = (800/12) x 3 = $200
Internet Expense should be debited by $200 in respect to the internet expense accrued during the period and prepaid internet service account should be credited to transfer the balance.
Answer:
See below
Explanation:
Public corporation
<u>Stockholder control:</u> stockholders or shareholders are the owners. They control the corporation by electing the board of directors.
Government corporation
<u>Public regulation: </u>Is fully or partially owned by the government. They are formed and governed through legislation.
General Partnership
<u>Collective decision-making</u>. Partners share in the running of the business. Decisions are made after consultations with partners.
Sole proprietorship
<u>Unlimited liability.</u> The business and owner are treated as one entity. Assets and debts of the business belong to the owner.