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kolbaska11 [484]
3 years ago
9

Craig is a 25-year-old web developer. Because of his young age, his financial planner suggests an aggressive investment approach

. Which type of an investment would you expect to find
in Craig's portfolio?
Bonds
Stocks
Mutual Funds
Money Market Account
Business
1 answer:
Zanzabum3 years ago
5 0

Answer:

The correct answer would be option B, Stocks.

Explanation:

Craig is a 25 year old young boy who wants to invest his savings somewhere. So his financial planner suggests him to invest in aggressive investment options. Aggressive investment approach involves investing in such options that would give greater returns by taking higher degree of risks.

So the investment option in which the risk is higher is Stocks, with the greater level of return as well.

Stocks are considered to be the most volatile products for investment. For example if someone buys the stocks of some good company, the chances are, the person can enjoy good profits within short period of time, but the risk factor is also there. The stocks never behave predictably. The movement of stocks are unpredictable. So the chances of risks are high. It is said that 'high risk high return' is the best strategy to be used if you are looking for the aggressive approach of investment. So stocks are best suited for Craig.

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Carly has two children under 13 and worked full time while her spouse, Michael, was attending college for 9 months during the ye
Savatey [412]

$3000 because you are a madarchod okay

6 0
3 years ago
otato Company began the period with an accounts receivable balance of $2,693 and a balance in the allowance for doubtful account
Sphinxa [80]

Answer:

Potato Company

Balance in Allowance for Doubtful Accounts is $575 (Credit).

Explanation:

We can use a T-account for the Allowance for Doubtful Accounts to determine the balance:

                                      Allowance for Doubtful Accounts

a. Accounts Receivable         $668     Beginning Balance   $494

 Ending Balance                     <u>$575</u>  b. Bad Debt Expense  <u>$749</u>

                                              <u>$1,243</u>                                    <u>$1,243</u>

                                                                Ending Balance     $575

The allowance for doubtful accounts is a contra account to the Accounts Receivable account.  Its purpose to provide some estimation of the uncollectibles as a way of managing the credit risk involved in trade sales.

7 0
3 years ago
Bothell Company uses a job order costing system that allocates estimated overhead as 40% of prime costs. What is the cost of a j
Juli2301 [7.4K]

Answer:

$10,080

Explanation:

The computation of the cost of the job is shown below:

We know that

prime cost = direct material + Direct labor

= $2,000 + $5,200

= $,7200

Now  overhead is

= 40% of $7200

= $2,880

And,

Cost of job = direct material + Direct labor + overhead

= $2,000 + $5,200 + $2,880

= $10,080

4 0
3 years ago
On January 1, year 1, Dave received 1,000 shares of restricted stock from his employer, RRK Corporation. On that date, the stock
butalik [34]

Answer:

Taxes on January 1, year 1= $1400

Taxes on Dec 31, year 4=$3300

Explanation:

The question relates to 'EQUITY GRANT', which is some sort of compensation given to somebody, especially/specifically to employees of an entity provided that certain conditions/vesting requirements are satisfied by the employee.

Now on January 1, year 1 Dave has received 1000 shares, for him the shares received is treated is income for Dave, as the shares are being offered against certain services rendered by Dave to RRK corporation. So on January 1 Dave would record income and pay income tax as follows:

Value of shares on Jan 1/ income= 1000×$7

Value of shares on Jan 1/ income= $7000

<em>Lets assume income tax is 20% and marginal tax rate is 10%,</em> the tax consequences would be as follows:

TAXES = $7000×20%

TAXES = $1400

There will be no tax consequences at the vesting date and at the end of year 4 (the date when he sells them) there will be tax consequences of $4000.

At year 4 = 1000×$40

Amount realized= $40000 -$7000

Taxes at marginal rate= $33000×10%

Taxes at marginal rate= $3300

(Note: $7000 is subtracted because it's already present in $40000).

8 0
3 years ago
People often report an annoying memory failure when they walk from one end of the house to the other for something and then forg
Mazyrski [523]

Answer:

C. Encoding specificity

Explanation:

The encoding specificity principle is the general principle that coordinating the encoding settings of data at review aids the recovery of episodic recollections. It gives a structure to seeing how the conditions present while encoding data identify with memory and review of that data.

7 0
3 years ago
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