Answer:
Total assets and total equity decrease by $2,400
Explanation:
The journal entry to record the sales return is
Sales return Dr $5,800
To account receivable $5,800
(being the sales return is recorded)
Inventory Dr $3,400
To cost of goods sold $3,400
(Being the inventory is recorded)
So as we can see that total assets and total equity decreased by
= $5,800 - $3,400
= $2,400
B option is basically suitable. .
Answer:
A & B
Explanation:
Your income is a asset to value the estimations of your loan application. The loan length, the repayments and negotiate a fixed or flexible interest rate among the loan, depending on the type.
Answer:
correct option is b. 4.00%
Explanation:
given data
10 Year T-bond yield = 6.90 %
Inflation = 2 %
MRP of 10 years T-bond = 0.90
to find out
Treasury Inflation Protected Securities (TIPS)
solution
we get Treasury Inflation Protected Securities yield is express as
Treasury Inflation Protected Securities yield = T bond yield - Inflation- MRP ................1
so
Treasury Inflation Protected Securities yield = 6.90 - 2 - 0.90
Treasury Inflation Protected Securities yield = 4 %
so correct option is b. 4.00%
Answer:
<h2>For an investment to be considered as current asset,it has to be convertible into cash and within one year of business operation or current operating cycle,whichever is longer.Hence,the correct answer is option C.</h2>
Explanation:
In Business Studies or Accounting,current assets are identified as those assets which are normally convertible into cash value usually within 1 year of business operation and used to pay any current liability.Therefore,any short term investment in business which can be used or utilized during the regular business operation and converted into cash value within one year of operation can be termed as current assets.Therefore,to satisfy the conditions to qualify as current asset,any business investment has to be cash convertible which has to be conducted within one year of operation or the operating cycle,depending on their duration.