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vfiekz [6]
4 years ago
9

Review the steps in the accounting cycle and answer the following​ questions:

Business
1 answer:
GenaCL600 [577]4 years ago
4 0

Accounting cycle has various steps to discuss, which are listed below,

Explanation:

  • The first step in accounting cycle is to analyze and have a record of transactions.
  • Post closing trial balance is an optional step in the accounting cycle.
  • Journalizing and posting the closing entries are the steps required to complete throughout the accounting period.
  • Adjustments of accounts, preparing the financial statements and closing accounts are completed at the end of accounting cycle period.
  • The last step in the accounting cycle is to post closing trial balance.

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Settings in which development occurs, which are influenced by historical, economic, social, and cultural factors, are called ___
malfutka [58]

Settings in which development occurs, which are influenced by historical, economic, social, and cultural factors, are called <em>context.</em>

<h3>What is development?</h3>

This is the term that is used to refer to all of the processes that are able to create the growth of a person. It has to do with the growth and the progress as well as the effective changes that are known to happen in a particular society.

Hence we can conclude by saying that Settings in which development occurs, which are influenced by historical, economic, social, and cultural factors, are called context.

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brainly.com/question/17019717

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6 0
2 years ago
If inflation in the United States is 4% per year and in the United Kingdom it is 8% per year, and interest rate in the United Ki
Artemon [7]

Answer:

c. 6%.

Explanation:

Nominal interest rate = Real interest rate + Expected rate of inflation

Real interest rate = Nominal interest rate - Expected rate of inflation

United Kingdom

Real interest rate = 8% - 6% = 2%

Use Real Interest rate globally

Nominal interest rate = Real interest rate + Expected rate of inflation

Nominal interest rate = 2% + 4% = 6%

4 0
3 years ago
Assume that the risk-free rate is 3.5% and that the market risk premium is 4%.What is the required rate of return on a stock wit
kramer

Answer:

6.7%

12.7%

7.5%

Explanation:

Required rate of return = risk free rate + ( stock beta × Markert premium)

When beta = 0.8

The required rate of return = 3.5% + (4% × 0.8) = 6.7%

When beta = 2.3

The required rate of return = 3.5% + (4% × 2.3) = 12.7%

The required rate of return on the market:

3.5% + (4%×1) = 7.5%

I hope my answer helps you.

4 0
4 years ago
You purchased a stock at a price of $54.24. The stock paid a dividend of $1.39 per share and the stock price at the end of the y
Dafna1 [17]

Answer:

 Capital loss = $(5.46)

Explanation:

<em>Return on investment would be the proportion of the amount invested that is earned as profit. </em>

<em>Profit here includes dividends earned plus capital gains less broker's commission. </em>

<em>Capital gains/(loss) represents an appreciation/(depreciation) in the stock value. It is usually measures by the change in the stock value over the investment period under focus</em>

Capital gain/loss on stock = stock price at the end - stock price at the beginning  

Stock price at the end= 48.78

Stock price at the beginning = 54.24

Capital loss = (48.78  - 54.24) = $(5.46)

The dividend would not be included simply it is not a capital item

 Capital loss = $(5.46)

7 0
3 years ago
A theater has fixed operating costs, such as electricity, salaries, and rent. What is this break-even point called
3241004551 [841]

The fixed operating cost in the question is one of the requirement to be used to calculate the Break even units not the break-even point.

Usually, the break-even point is the point where the total revenue equals the total costs of the business.

In other word, the break-even point means that the expenses and revenue are equal and thus, the company will record neither a net loss or gain.

  • The formula used to derive the Break even unit is <em>[Fixed Costs / (Sales price per unit – Variable costs per unit)}</em>

<em></em>

Therefore, the fixed operating cost in the question is one of the requirement to be used to calculate the Break even units not the break-even point.

Read more about this here

<em>brainly.com/question/11324965?</em>

7 0
2 years ago
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