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scoundrel [369]
3 years ago
9

Burns Corp. had the following items:

Business
1 answer:
OLga [1]3 years ago
7 0

Answer:

Option D is correct because the only item that relates to Income statement is Sales Revenue of $45000 and the remainder transactions net effect must go to Comprehensive Income statement.

Net effect = - $36k + $28k - $17k -$3.1k = $28.1 Loss

This net effect realized during the year in the Comprehensive Income statement because these transaction does not directly relate to core operation of the entity.

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Consider the following information: State Probability Stock A Stock B Stock C Boom 0.32 -0.01 0.23 0.2 Bust 0.68 0.21 -0.06 -0.0
gregori [183]

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the expected return of a portfolio that has invested is 0.0625

Explanation:

The computation of the expected return of a portfolio is shown below;

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