Answer:
The cash flow mark to market proceeds = $754.45
Explanation:
The current index value after 12 months = current stock index * (1 + risk free - dividend yield)^12
= 1800 * (1 + 0.50% - 0.20%)^12
The current index value after 12 months = 1865.88
The future index value after 12 months = future stock index * (1 + risk free - dividend yield)^12
= 1820 * (1 + 0.50% - 0.20%)^11
The future index value after 12 months= 1880.97
The cash flow mark to market proceeds = (future index future value - current index future value) * multiplier
= (1880.97 - 1865.88) * 50
The cash flow mark to market proceeds = $754.45
Answer: d. it is necessary to relate variable cost data to the activity index chosen
Explanation:
The activity index shows how various activities have an impact on the cost of production.
When developing a flexible budget within a relevant range of activity, ome must relate variable cost data to the activity index chosen to ensure that it is indeed variable.
Answer:
b) Function
Explanation:
The Dean placed professors in departments based on the subjects they teach or based on their functions in the school. So all professors that function as economics professors are placed in the same department. This is an example of grouping employees by functions.
In geographic grouping, professors would be grouped based on the different regions they teach.
In product grouping, employees are placed in groups based on the product they produce.
I hope my answer helps you
Answer:
The item that would cause the trial balance to not balance is:
v. The cash payment of a $750 account payable was posted as a debit to Accounts Payable and a debit to Cash for $750.
Explanation:
The correct record should have been to credit the $750 in the Cash account. By this double debit entries for a transaction without a corresponding credit entry, the trial balance cannot balance as the debit side will be greater by $1,500 ($750 * 2) than the credit side. To correct the error, the Cash account will be credited with $1,500. One of the $750 cancels the earlier error while the second $750 puts the records straight.
Hey! Let's do this together.
An entitlement is a provision made in accordance with a legal framework of a society.
That shows us that we can sum up our answer to "A".
Hopefully you understand, if not we can work on it some more :)
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