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3 years ago

A trade deficit is determined by measuring the difference between a nation’s and its .

1 answer:

8 0

<span>After thorough researching, a trade deficit is determined by measuring the difference between a nation’s inflation rate and its unemployment rate. The correct answer to the following given statement or question above is with the letter E which is the inflation rate and unemployment rate.</span>

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Which one of the following statements is not characteristic of mutual funds?

Arada [10]

Answer: Option A

Explanation: Mutual funds are introduced by the financial institutions in the market and are not financial institutions themselves.

These funds collect money from various different investors and pool them together to invest in securities of different companies. These funds are managed by the investment professionals who receive both fixed and variable fees depending on the performance of portfolio.

The portfolio is divided into shares and such shares are then sold into the stock market.

Hence from the above we can conclude that option A.

5 0

4 years ago

The Demand Curve is a line that is

Levart [38]

Answer:

A. At high prices, people want a small quantity. At low

Explanation:

7 0

2 years ago

Following are the transactions of Sustain Company.

MrMuchimi

Answer:

Jun-01

Dr Cash 18,500

Cr Common Stock T. James 18,500

Jun-02

Dr Furniture 11,500

Cr Account Payable 11,500

Jun-03

Dr Prepaid Insurance 2,100

Cr Cash 2,100

Jun-04

Dr Account Receivable 10,500

Cr Sales 10,500

Jun-12

Dr Account Payable 11,500

Cr Cash 11,500

Jun-20

Dr Cash 10,500

Cr Account Receivable 10,500

Jun-21

Dr Cash 17,500

Cr Common Stock T. James 17,500

Jun-30

Dr Cash 12,500

Cr Unearned Income 12,500

Explanation:

Preparation of Journal entries

Jun-01

Dr Cash 18,500

Cr Common Stock T. James 18,500

(Invested $18,500 as capital contribution)

Jun-02

Dr Furniture 11,500

Cr Account Payable 11,500

(Purchased furniture on credit)

Jun-03

Dr Prepaid Insurance 2,100

Cr Cash 2,100

(Cash Paid for 12 month insurance)

Jun-04

Dr Account Receivable 10,500

Cr Sales 10,500

(Billed customer )

Jun-12

Dr Account Payable 11,500

Cr Cash 11,500

(Cash paid to reclaimed wood)

Jun-20

Dr Cash 10,500

Cr Account Receivable 10,500

(Cash collected form customer)

Jun-21

Dr Cash 17,500

Cr Common Stock T. James 17,500

(Addition capital contribution)

Jun-30

Dr Cash 12,500

Cr Unearned Income 12,500

(Received advance for service to be performed)

8 0

3 years ago

The Department of Homeland Security has asked the Internal Revenue Service for the tax retums of U.S. citizens who have been ide

padilas [110]

Answer: The Department of Homeland Security can obtain the information because it is engaged in law enforcement activity

Explanation:

With regards to the question above, it should be noted that exchanging information is not allowed only in cases whereby the Department if Homeland Security needs it for law enforcement activities.

Therefore, option D i.e. The Department of Homeland Security can obtain the information because it is engaged in law enforcement activity is correct.

7 0

3 years ago

Steady As She Goes Inc. will pay a year-end dividend of $3.40 per share. Investors expect the dividend to grow at a rate of 5% i

Bezzdna [24]

Answer:

15%

29.57

Explanation:

The price of a stock whose dividends are expected to grow at a constant rate forever can be calculated using the constant growth model of the dividend discount model approach. The DDM values the stock based on the preset value of the expected future dividends from the stock. The price of the stock today under this model is,

P0 = D1 / r - g

Where

P0 = Price of stock

D1 = Future Dividend

r = Expected rate of return

g = Growth rate

As we have the price of the price of the stock, we need to calculate the expected rate of return by extracting the formula.

r = (D1 / P0) + g

As per given data

P0 = Price of stock = $34

D1 = Future Dividend = $3.40

g = Growth rate = 5% = 0.05

Placing Values in the formula

r = ( $3.4 / 34 ) + 0.05

r = 0.15 = 15%

As per given data

D1 = Future Dividend = $3.40

g = Growth rate = 5% = 0.05

r = Expected rate of return = 16.5%

Placing Values in the formula

P0 = D1 / r - g

P0 = $3.40 / (16.5% - 5%)

P0 = $29.57

3 0

4 years ago

A trade deficit is determined by measuring the difference between a nation’s ________ and its ________.

A trade deficit is determined by measuring the difference between a nation’s and its .