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:
Dividend $82,500 (debit)
Cash $82,500 (credit)
Explanation:
Dividends are distributed to the shares outstanding at declaration date instead of authorized shares.
Dividend = 110,000 shares outstanding × $1× 0.75
= $82,500
Note : Value used is based on the par value of shares
Dividend $82,500 (debit)
Cash $82,500 (credit)
Answer:
i think it is a company's fleet of cars. Because the fleet of cars is the responsibility of the company.
Explanation:
Financial records should always be backed up regularly, mainly for accuracy and so you don't lose anything.
Answer:
The correct answer is $240.
Explanation:
According to the scenario, the computation of the given data are as follows:
Number of contracts = 4
Troy Number = 100
End price = 1,285.30
Purchase price = 1,284.7
So, we can calculate the profit or loss by using following formula:
Profit / Loss = Number of contracts × Troy number × ( End Price - Purchase price)
By putting the value, we get
Profit / Loss = 4 × 100 × (1285.30 -1284.7)
Profit = $240