Answer:
Debit Allowance for Doubtful Accounts $2,300; credit Accounts Receivable $2,300
Explanation:
The journal entry is shown below:
Allowance for Doubtful Accounts A/c Dr $2,300
To Accounts Receivable A/c $2,300
(Being the written-off amount is recorded)
Since we have to record this journal entry so we debited the Allowance for Doubtful Accounts A/c and credited the account receivable account so that the correct posting can be done.
Explanation:
- Online shopping platform
- Counselor
- Food corner
These are the three trends for small scale business which can be changed into the small business opportunities.
Online shopping platform- It can be seen as the need of the present time as everyone is now depended on the online sources through which they can but the stuff they want to without going out.
Counselor - It is one of the most professional business in which a person can just changed the lives of the people with the power of words and ideas. In present time people really look for the person who can help them without passing any judgement.
Food corner- The need of each and every person, food corner is one of the thing which every want to at every street or corner.
Answer: 13.25%
Explanation:
The expected portfolio return can be calculated as follows:
= (Expected return of stocks * Weight of stocks) + (Expected return of bonds * Weight of bonds)
= (15% * 75%) + (8% * 25%)
= 11.25% + 2%
= 13.25%
Answer:
17.71%
Explanation:
For this problem, we will be making use of the Capital Asset Pricing Model (CAPM) equation, as seen below:
ERi = Rf + β(ERm - Rf)
- ERi = expected return of investment
- Rf = risk free investment = 5.75%
- β = beta of the investment = 1.45
- (ERm - Rf) = market risk premium = 14% - 5.75% = 8.25%
ERi = 5.75% + (1.45 x 8.25%) = 5.75% + 11.96% = 17.71%