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baherus [9]
3 years ago
15

You have two equal investments that always have exactly opposite returns. how will your total value of both investments vary ove

r time.
a.it will go up
b.it will go down
c.it will stay the same
Business
1 answer:
nlexa [21]3 years ago
8 0
The correct answer is C. The total value of both investment after a given time will stay the same. Investments  involves putting up money or assets into use with an aim of generating and creating more income. Therefore in this case if one income is generating income while the other is generating losses, then the overall investment from the two investment remains the same.
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In 2021, CPS Company changed its method of valuing inventory from the FIFO method to the average cost method. At December 31, 20
Anon25 [30]

Answer:

The journal entry would be as follows:

December 31, 2020         Debit                     Credit

Retained Earnings          $9,400,000

                         Inventory                            $9,400,000

Explanation:

In order to prepare the journal entry to record the adjustment, we would have to calculate the amount of inventory with the following formula:

Amount of inventory=December 31, 2020, CPS’s inventories (FIFO)-31, 2020, CPS’s inventories (Average Cost)

                                =$38 million-$28.6 million

                                =$9.4 millions

Therefore, the journal entry would be as follows:

December 31, 2020         Debit                     Credit

Retained Earnings          $9,400,000

                         Inventory                            $9,400,000

7 0
3 years ago
A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the
defon

Answer:

o money

Explanation:

as the exchange rates can dramatically change in very little time

6 0
3 years ago
Read 2 more answers
Which of the following is an accurate definition of document management systems? systems that manage electronic records, often c
Marta_Voda [28]

A more accurate and approximate definition of document management systems is this, <u>those systems that manage electronic records, often converted from paper sources, making them searchable and easily transmitted information 

</u>
 Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
3 0
4 years ago
The following units of an inventory item were available for sale during the year: Beginning inventory 11 units at $51 First purc
Gennadij [26K]

Answer:

$2,338

Explanation:

For computing the ending inventory, first we have to determine the average cost per unit, then ending inventory units which are shown below:

= (Beginning inventory units × price per unit +  first purchase inventory units × price per unit + second purchase inventory units × price per unit + third purchase inventory units × price per unit) ÷ (Beginning inventory units + one purchase inventory units + second purchase inventory units + third purchase inventory units)

= (11 units × $51 + 15 units × $53 + 21 units × $55 + 17 units × $57) ÷ (11 units + 15 units + 21 units + 17 units)

= ($561 + $795 + $1,155 + $969 ) ÷ (64 units)

= ($3,480) ÷ (64 units)

= $54.375 per unit

Now the ending inventory units would be

= Available units for sale - sale units

= 64 units - 21 units

= 43 units

Now the ending inventory would be

= Ending inventory units × average cost per unit

= 43 units × $54.375 per unit

= $2,338

5 0
3 years ago
Vaughn Company has the following equivalent units for July: materials 15340 and conversion 17700. Production cost data are: Mate
Marat540 [252]

Answer:

Vaughn Company

The unit production costs for July are:

                                     Materials  Conversion

Cost per equivalent unit   $5             $3

Explanation:

a) Data and Calculations:

                                        Materials     Conversion

Beginning WIP                 $ 8,700          $ 3,100

Costs added in July         68,000          50,000

Total production costs   $76,700        $53,100

Equivalent units for July   15,340           17,700

Cost per equivalent unit   $5                 $3

b) The materials and conversion costs per equivalent unit are the dividends resulting from the division of the total production costs for materials and conversion by their respective total equivalent units of production.

7 0
3 years ago
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