Answer:
B) 9.75 percent
Explanation:
Christina's net gains with this operation was:
- $148 in dividends
- 200 shares x ($70.25 - $62.30) = 200 x $7.95 = $1,590
total gain = $148 + $1,590 = $1,738
Christina invested 200 x $62.30 = $12,460
her nominal rate of return = $1,738 / $12,460 = 13.95%
if the inflation rate was 4.2%, then her real rate of return = 13.95% - 4.2% = 9.75%
Answer:
a. Debit to Notes Receivable
Explanation:
Journal entry for selling an asset in return for notes receivable is;
Notes Receivable A/c Dr.
To Asset A/C
In the given case, an aircraft is sold in exchange for a note receivable. The journal entry would be:
12% Notes Receivable A/C Dr. $380,000
To Aircraft $380,000
(Being notes receivable received in exchange for aircraft sold being recorded)
Notes Receivable is an asset for the receiver as it represents amount which is due to be received. Whenever an asset account is debited, it increases their balance.
Aircraft is an asset. When an asset is sold, it is credited. Here the asset being a movable asset.
Answer:
$38,400
Explanation:
<em>1. Cash Purchases:</em>
The total purchases in the month of March is of $35,000.
It is given that 70% of Purchases are for cash.
Hence, 70% of $35,000 would be;
$39,000 x 0.70
$27,300
<em>2. Credit Purchases:
</em>
Remaining Balance of Purchases from the month of February:
For the month of February Cash Purchases can be calculated as follows;
$37,000 x 0.70
$25,900
Remaining Balance to be paid in March for the month of February can be calculated as follows;
$37,000 - $25,900
$11,100
<em>3. CASH PAYMENT for PURCHASES in MARCH:</em>
Cash Purchases = $27,300
Credit Purchases = $11,100
Hence;
<em>Cash Payment for purchases in March = Cash Purchases + Credit Purchases
</em>
Cash Payment for purchases in March = $27,300 + $11,100
Cash Payment for purchases in March = $38,400
Answer:
United States
Explanation:
A comparative advantage results when a country's opportunity cost of producing good X is lower than the opportunity cost of producing good X in another country.
France
Opportunity cost of producing wine = 30/40 = 0.75 kilos of cheese
Opportunity cost of producing cheese = 40/30 = 1.33 bottles of wine
United States
Opportunity cost of producing wine = 12/12 = 1 kilo of cheese
Opportunity cost of producing cheese = 12/12 = 1 bottle of wine
France has a comparative advantage in the production of wine, and the US has a comparative advantage in the production of cheese.
Answer:
searching products by brand
Explanation:
Generally customers search products by brand or by attributes. When you search products by attributes you are looking for some specific product and you are not that interested about the brand of the product, e.g. you are searching for a dress and your emphasis is towards the design of the dress not the brand. When you search by brand, you assign a different value to each brand that you are searching, depending on which brands you like the most or feel more comfortable with.
In this case, Brenda probably has a very good idea about the products that each brand offers and depending on her clients will decide which brand's products to offer.
