Answer:
$858.45
The proration will appear in this format:
Debit seller $858.45, Credit buyer $858.45
Explanation:
$1,485 ÷ 365 = $4.07 per day $4.07 x 211 days (January 1 to July 30) = $858.45.
Debit seller $858.45, Credit buyer $858.45
Answer:
a.Divisional headquarters may be in more than one country.
c.A company can take advantage of an expanding foreign market when its domestic market is not growing.
d.Products can be manufactured in countries where labor costs are less and then sold at a more competitive price.
Explanation:
The company can take advantage of the different environments in each country in order to affect the structure, employees, market, prices and other business factors that help driving revenues.
Answer:
The rate of return on the risky asset is 16% and on treasury bill is 6% and we need a return of (1100-1,000)/1000= 10% or 0.1
If we think of x as the percentage investment in risky asset and 1-x as the investment in non risky asset we can mathematically find what proportion we need to invest in each asset to get this return.
16x+ 6(1-x)=10
16x+6-6x=10
10x=4
x=4/10
x= 0.4
This equation tells us that we should invest 40% in risky assets and 1-x which is 60% in treasury bills. We can test our answer by putting these values and see if the return is 10 %
(0.4*16)+(0.6*6)= Rate of return
Rate of return=10%
10% of 1000 = 100
100+1000=$1100
Explanation: