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2 years ago

As of 2014, approximately _____ of mutual fund assets were invested in bond funds.

2 answers:

7 0

Stock funds for the year 2014 registered a figure of 72 billion dollars in retreats last year, while the bonds attracted 190 billion dollars, a commercial group called ICI. Which represents an increase of 22 and 28 percent over the previous year and becomes the focus of attention at the beginning of the year 2015 and reason for discussion work for the rest of the year.

ValentinkaMS [17]2 years ago

5 0

Stock funds for the year 2014 registered a figure of 72 billion dollars in retreats last year, while the bonds attracted 190 billion dollars, a commercial group called ICI.Which represents an increase of 22 and 28 percent over the previous year and becomes the focus of attention at the beginning of the year 2015 and reason for discussion work for the rest of the year.

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Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $420,000; Allowance for Doub

Fiesta28 [93]

Answer and Explanation:

The computation is shown below:

a. Amount of adjusting entry for uncollectible accounts

= Estimated balance of Allowance for Doubtful Accounts + debit balance

= $16,400 + $4,000

= $20,400

b. Adjusted balances

For account receivable

= account receivable

= $420,000

For allowance for doubtful debts

= Estimated amount

= $16,400

For bad debts

= AMount of adjusting entry

= $20,400

c. Net realizable value

= Account receivable balance - estimated balance of Allowance for Doubtful Accounts

= $420,000 - $16,400

= $403,600

8 0

3 years ago

Zoum Corporation had the following transactions during the year: Issued $250,000 of par value common stock for cash. Recorded an

ANTONII [103]

Answer:

-$210,000

Explanation:

Issued Common Stock at par for Cash $250,000

Less:

Declared and paid a cash dividend $20,000

Repayment of 6-year note payable $440,000

Net Cash provided by Financing Activities ($210,000)

8 0

3 years ago

Blossom Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,050 shares of $50 par valu

kifflom [539]

Answer:

December 31, 2021

Debit : Dividends $28,500

Credit : Shareholders for Dividends $28,500

Explanation:

The Dividends declared present a present obligation by the entity to its shareholders.

5 0

2 years ago

On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, based on

ololo11 [35]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

3 0

3 years ago

Determining Net Cash Flow from Operating Activities: Burch Company reported the following items in its balance sheet and income

Tanya [424]

Answer:

$9,000

Explanation:

The cash flow statement is the financial statement where the cash flows from the various activities of a business are recorded. These activities include Operating, Investing and Financing. The statement may be shown using gthe direct or indirect method.

The operating activities include the changes to current assets and liabilities. Increases in assets (apart from cash) represents an out flow of cash while increases in liability represents and in flow of cash and vice versa.

The net cash flows from operating activities using the indirect method

= -5000 - 20,000 + 10,000 + 25,000 - 1,000 (all amounts in $)

= $9,000

This represents a net inflow.

3 0

3 years ago