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vlada-n [284]
4 years ago
13

The following passage would be appropriate for a document aimed at a multicultural audience: Two companies found themselves in t

he financial equivalent of sudden-death overtime. The first to raise the necessary capital would be the one to survive.a) trueb) false
Business
1 answer:
Darina [25.2K]4 years ago
4 0

Answer: False

Explanation:

This passage would not work on a multi-cultural audience because it uses a culture specific term which is <em>sudden-death overtime</em>.

The term is used by the National Football League for American football which is not a sport that is very popular outside the shores of the United States. A person from Nigeria or even France for instance might have a hard time understanding the reference to sudden-death overtime because they are unfamiliar with the term.

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For each of the following separate transactions,
Softa [21]

Answer: The answer is provided below

Explanation:

a. The reconstructed journal entry has been prepared and attached.

b. The following are the effects it has on the investing section or the financing section of the statement of cash flows.

The first transaction will lead to a cash inflow of $8,000 from the investing activities.

The second transaction is non-cash transaction therefore, it will not be reported in either the financing or the investing activities.

The third transaction will lead to a cash inflow of $2,000 from the financing activities.

The fourth transaction will lead to a cash outflow from the financing activities.

Thw diagram has been attached.

3 0
4 years ago
You have $100,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expect
Y_Kistochka [10]

Answer: See explanation

Explanation:

a. How much money will you invest in Stock Y?

Let the weight of Stock X = x

Let the weight of Stock Y = (1 - x)

Expected return of stock X = 11.4%

Beta of stock X = 1.25

Expected return of stock Y = 8.68%

Beta of stock X = 0.85

The Portfolio Return will then be calculated as:

= (Weight of Stock X × Return of Stock X) + (Weight of Stock Y × Return of Stock Y)

0.127 = [x × 0.114 + (1 - x) × 0.0868]

0.127 = [x × 0.114 + 0.0868 - x × 0.0868]

0.127 = x × 0.0272 + 0.0868

0.127 - 0.0868 = x × 0.0272

0.0402 = 0.0272x

x = 0.402/0.0272

x = 1.4779

Weight of Stock X = 1.4779

Therefore, Weight of Stock Y will be:

= 1 - 1.4779

= -0.4779

The amount that's invested in Stock Y will be:

= $100,000 × (-0.4779)

= -$47,790

b. What is the beta of your portfolio?

Portfolio Beta will be calculated as:

= 1.4779 × 1.25 + (-0.4779) × 0.85

= 1.44

4 0
3 years ago
Suppose that the government imposes a​ $2 a cup tax on coffee. The rise in the price of a Starbucks coffee will be​ ______, coff
Scrat [10]

Answer:

increase, decrease

Explanation:

In simple words, when the tax was imposed on the product the company will ultimately bear it to the final consumer which means the price will rise. However when the price of the product rises the demand for that product decreases due to the fact that many individuals would not be able to buy it now from their limited income, this phenomenon is called price elasticity due to income.

5 0
3 years ago
If you are in a car accident caused by someone else who also has insurance, which type of insurance plan will not require you to
Darina [25.2K]
High Deductible Plan Answer A
7 0
3 years ago
n the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of $
Tom [10]

Answer:

the bad debt expense reported is $113,300

Explanation:

The computation of the bad debt expense that should be reported in the first year income statement is shown below:

= Allowance for uncollectible accounts + write off account receivable

= $82,700 + $30,600

= $113,300

Hence, the bad debt expense reported is $113,300

4 0
3 years ago
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