Answer:
Expected return = 28%
Explanation:
given data
invests $4,000
share = 200
return = 24%
and
invests = $2000
share = 100
return = 18%
and
invest = $4,000
share = 400
return = 28%
to find out
expected return on this portfolio
solution
we know total investment is
Total investment = 4000+2000+4000
Total investment = 10000
and
Wt. of Sand Corporation shares in the total portfolio=
= 0.4
Wt. of Water Corporation shares in the total portfolio=
= 0.2
Wt. of Beach Corporation shares in the total portfolio=
= 0.4
and
Expected return on the given portfolio is
Expected return = 0.4 × 24% + 0.4 × 18% + 0.4 × 28%
Expected return = 28%
Answer:
D. Replacement cost.
Explanation:
As we know that the inventory should be recorded at the cost or market value whichever is lower
Given that
Original cost is less than the net realizable value subtract the profit margin
So we assume the following figures
Original cost $10
Net realizable value 9
Replacement cost 8
NRV less normal profit margin 7
As if we compare the original cost and replacement cost so the lower value is of replacement cost
hence, the same is to be considered
Therefore the correct option is D.
Answer:
C (operations)
Explanation:
Operations Section Chief organizes, assigns, and supervises all the tactical or response resources assigned to the incident.
Answer:
Kindly see attached organized table for clarity.
Item cash Net income
a Purchase of Supplies of cash -$133 -
b Adjusting entry for use of supplies - -$31
c Made sales on account - $1,297
d Received cash from customer on acct $865 -
e Purchased equipment for cash -$2,528 -
f Depreciation of building to be recorded - -$610