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3 years ago

Over about 40 years, your portfolio should probably:

1 answer:

7 0

Hey there,

Answer:
<span>Change from higher-risks to lower-risks investments

Hope this helps :D

<em>~Top</em>
</span>

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When a company's only potential common shares are convertible bonds:A. Diluted EPS will be greater if the bonds are actually con

geniusboy [140]

Answer:

Correct answer is (C)

Explanation:

Diluted EPS will be the same whether or not the bonds are converted.

Earning Per Share EPS

8 0

3 years ago

The Expresso Roast Corporation (ERC) is considering expanding its product lines by acquiring Mellow-Man Tea. The company’s found

crimeas [40]

Answer:

IRR = 5.05%

Explanation:

Internal rate of return (IRR) refers to the interest rate that makes the net present value (NPV) both the positive and negative cash flows of an investment equal zero.

See the two attached, an excel file and a photo file, for the calculation and further explanation. Note that the two files contain the same information but they are both attached to ease learning.

4 0

3 years ago

Pearse Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d

Furkat [3]

Answer:

Pearse Kennel

1. Activity variance for net operating income in December would be:

= $200

2. The net operating income in the planning budget for December would be:

= $11,400

3. The net operating income in the flexible budget for December would be:

= $11,200

Explanation:

Data and Calculations:

Fixed Variable Planning Flexible Variance

per month per tenant-day Budget Budget

Revenue $32.10 $96,300 $95,658 $642

Wages & Salaries $2,400 $ 7.00 23,400 23,260 140

Food & Supplies $ 900 $11.30 34,800 34,574 226

Facility Expenses $8,600 $ 3.50 19,100 19,030 70

Admin Expenses $6,700 $ 0.30 7,600 7,594 6

Total Expenses $18,600 $22.10 $84,900 $84,458 $442

Net operating income $11,400 $11,200 $200

6 0

4 years ago

On January 1, Gemstone Company obtained a $165,000, 10-year, 7% installment note from Guarantee Bank. Thenote requires annual pa

julsineya [31]

Answer:

Credit to notes payable for $165000

Explanation:

Journal entries for issuance of Note Payable :

Cash Account ..... Debit $165000

7% Note payable Accounts .... Credit $165000

Note:

Note payable is a liability so it is credited as on date of issuance.

7 0

3 years ago

Madson Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 60,000 subsc

KatRina [158]

Answer:

C) Cash...........................600,000............Unearned Subscription Revenue.....600,000

Explanation:

January 31: 60,000 subscriptions sold

Dr Cash account 600,000
Cr Unearned Subscription Revenue account 600,000

Since cash is an asset account and it increases, then it should be debited.

Unearned revenue is a liability account, since the company received money in advance for future publications. When liabilities increase, they should be credited.

8 0

3 years ago