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sweet-ann [11.9K]
3 years ago
12

If you want to compare two different investments what should you calculate

Business
1 answer:
Citrus2011 [14]3 years ago
7 0
Their Gross profit mark-up and margin.


I hope it helped you!

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In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larg
never [62]

The statement is true.

In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per the company's records because the excess amount would be reduced from the bank balance in the company's records, So the company books are not correct. To make them correct the excess amount should be added back to the balance as per the company's records.

For example, if the check amount was 500 but the company recorded it as $550. Then means that the company records show $50 less compared to the bank statement. Therefore, that $50 is added back and then it comes equal to the bank statement balance.

When a note is written to settle open account an entry that converts the accounts receivable account to a note receivable account is required. This entry is required because when the note is written to settle accounts the company has to receive notes in the future and the amount of the account.

<em>Your question is incomplete. Please read below to find the missing content.</em>

In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per company's records.

TRUE

FALSE

Learn more about balance here: brainly.com/question/1115815

#SPJ4

6 0
1 year ago
A portfolio consists of $15,200 in Stock M and $23,400 invested in Stock N. The expected return on these stocks is 8.90 percent
bonufazy [111]

Answer:

Portfolio return = 11.08%

Explanation:

<em>The expected return on the portfolio is the weighted average return of all the different stocks making up the portfolio. The weight of the individual stock would be the relative amount invested in each stock as a proportion of the total fund invested.</em>

The expected return can be determined as follows

Weighted of stock A= 15,200/(15200+23400)=0.39

Weight of stock B = 23.400/((15200+23400)=   0.61  

Expected return on portfolio = (0.39 ×8.90% )  + (0.61*12.50%)= 11.08 %

8 0
3 years ago
Advice entrepreneurs on the advantages of a public company​
Ad libitum [116K]

Explanation:

<h2>Advantages</h2><h2>Ability to raise funds by selling stock. ... </h2><h2>Availability of financial information. ... </h2><h2>Increased government and regulatory scrutiny. ... </h2><h2>Strict adherence to global accounting standards. ... </h2><h2>Due diligence. ... </h2><h2>Prospectus. ... </h2><h2>SEC approval.</h2>
5 0
2 years ago
Read 2 more answers
Journalize the following transactions in the accounts of Sedona Interiors Company, a Restaurant Supply Company that uses the all
svp [43]

Answer:

Accounts Receivables 19900 debit

Sales Revenues  19900 credit

--to record sale--  

COGS  14300 debit

Inventory  14300 credit

--to record COGS of the previous sale--    

Cash    4,200 debit

Accounts Receivables 4,200 credit

--to record colelction from Beijing Palace Co--

Allowance for doubtful accounts 15,700 debit

                Accounts Receivables      15,700 credit

--to record the write-off using allowance method--

Accounts Receivables      15,700 debit

      Allowance for doubtful accounts 15,700 credit

--to record reversal when payment is received--

Cash   15,700 debit

       Accounts receivables 15,700 credit

--to record collection from Beijing Palace Co--

Explanation:

We write-off the blaance of the account

19,900 - 4,200 = 15,700

Then, we have to reverse the entry to nulify it. Then we record the colelction like any other.

4 0
3 years ago
In the financial services sector, some organizations have implemented a three-lines-of defense model. What does the use of this
Dovator [93]

Answer:

The correct answer is: This organization uses a layered approach that creates a separation of duties.

Explanation:

The Three Lines of Defense model is an approach used to divide the duties of the financial department of an organization aiming to improve risk management and control. The first line of defense involves management and control measures. The second line includes financial control, security, quality, inspection, and compliance. The first and second lines of defense are in charge of <em>senior managers</em> of the entity.

The third line of defense involves the internal audits of the company and is in charge of the <em>Board of Directors</em> (BoD).

4 0
2 years ago
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