Answer:
Always involve at least one income statement account and one balance sheet account.
Explanation:
Adjusting entries are used to record events that happened during the current accounting period but weren't recorded earlier in the proper accounts. Accounting entries involve revenues and expenses, and at least one balance account (assets, liabilities and equity accounts). E.g. accounts receivable are adjusted to record bad debt expenses.
Answer:
P.Ed at p = 5 :- 0.26
Revenue maximising price = 8.5 ; Maximum Total Revenue = 1222
Explanation:
Price Elasticity of Demand shows responsive change in demand, due to change in price. P.Ed = ( dq / dp ) x ( p / q )
q = 216 - p^2
dq / dp = - 2p
P.Ed = dq / dp x ( p / q )
So, PEd = ( -2p ) x ( p / q )
[ (- 2p) (p) ] / [ 216 - p^2 ]
(- 2p^2 ) / ( 216 - p^2 )
Putting value of P = 5 in P.Ed
<u>- 2(25) </u>
216 - 25
= - 50 / 191
P.Ed = 0.26
Revenue is the total value of receipts from sale of goods & services. TR = p x q
q = 216 - p^2
TR = 216p - p^3
To find price maximising TR , we will derivate TR function with respect to 'p'
d TR / d p = 216 - 3p^2
d TR / d p = 216 - 3p^2 = 0
3p^2 = 216
p^2 = 216 / 3
p^2 = 72
p = √ 72
p = 8.5
Finding maximum revenue ; Putting price = 8.5 in TR function
TR = 216p - p^3
216 (8.5) - (8.5)^3
1836 - 614
1222
Answer:
Partnership
Explanation:
A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits.
Answer:
b.the portion of whole units that are completed with respect to materials or conversion costs.
Explanation:
In process costing the inventory in the work in process is valued using the equivalent numbers of units completed. The completed units are transferred to the finished goods Inventory. Equivalent numbers of unit are percentage completed those unit which are in process and needs to further processing to complete. It involves the cost of material and conversion as well. It also includes the unit completed during the period to value the inventory.
Answer: 66% ; 34%
Explanation:
From the question, the following can be derived:
The stock beta value = 1.48
The stock expected return = 17.3%
The risk free asset return = 4.6%
The portfolio beta = 0.98
The risk free asset beta value = 0
Let the weight of the stock be represented as x
Hence, the risk free weight = 1 - x
portfolio beta = (stock weight × beta) + (risk free weight × beta)
0.98 = (x × 1.48)+[(1-X) × 0]
0.98 = 1.48x + 0
1.48x = 0.98
To get x, divide through by 1.48
x = 0.98/1.48
x = 0.66
x = 66%
Therefore, the risk free weight will be:
= 1 - 0.66
= 0.34
= 34%