Answer:
January 2, 2020
Dr Cash $52,000
Cr Sales Revenue $52,000
December 31, 2020
Dr Warranty expense $890
Cr Cash $890
December 31, 2020
Dr Warranty expense$640
Cr Warranty Liabiltiy $640
Explanation:
Preparation of the journal entry to record this transaction on January 2, 2020, and on December 31, 2020.
January 2, 2020
Dr Cash $52,000
Cr Sales Revenue $52,000
December 31, 2020
Dr Warranty expense $890
Cr Cash $890
December 31, 2020
Dr Warranty expense$640
Cr Warranty Liabiltiy $640
Answer:
$2,222,222.22
Explanation:
The data provided in the question
Annual scholarship provided = $100,000
Guaranteed rate of return = 4.5%
So by considering the above information, the amount i.e deposited today is
= Annual scholarship provided ÷ Guaranteed rate of return
= $100,000 ÷ 4.50%
= $2,222,222.22
By dividing the annual scholarship by the rate of return we can get the deposited amount
Answer: 1.66
Explanation:
Based on the information given in the question, the beta of the stock will be calculated as follows:
Expected return = 16.2%
Market return = 11.2%
Inflation rate = 3.1%
Risk-free rate of return = 3.6%
We should note that:
Expected return = risk-free rate + Beta × (market rate- risk-free rate)
Therefore,
16.2% = 3.6% + Beta × (11.2% - 3.6%)
16.2% = 3.6% + Beta × 7.6%
16.2% - 3.6% = Beta × 7.6%
12.6% = Beta × 7.6%
Beta = 12.6% / 7.6%
Beta = 1.66
Answer:
is whether the transferor surrenders control over the receivables
Explanation:
In Sales of Receivables and Collateralized Borrowing,.companies do not want to wait for payments to arrive as they simply quickens cash collection with help of bank or financing company and also factoring and collateralized borrowings are various means to speed up cash collections. In Collateralized borrowing, receivables are simply collateral. Company gets cash from bank and is saddle with the responsibility for repaying loan.
Issues regarding collateralized borrowing are the sales of receivables had the purchaser is called a factor, borrowing using receivables as collateral and accounts receivable is not wipe off from seller's books.
Multilateralism is the policy that involves working closely with allies
