<span>Which type of portfolio might a young investor who is not afraid of risk choose? A portfolio with a high percentage of stocks. Since stocks fluctuate daily and the </span>fluctuations can be drastic, young investors who are not afraid of a risk would choose this type portfolio over one with conservative bonds. Those who aren't afraid of risk typically have a chance to make the most money beause they will invest in stocks that those who are afraid they'll lose, won't.
Answer:
Cream $560
Explanation:
Units Selling price Sales value Percentage of sales value Allocated cost
Cream200 15 3,000 3,000/5,400 = 56% 1,000 x 56% = $560
Skimmed
milk600 4 2,400 2,400/5,400 = 44% 1,000 x 44% = $440
Total $5,400 100% $1,000
Therefore the amount of joint cost allocated to cream is $560
Answer:
$4,000
Explanation:
Given that,
Last year:
DVDs sold = 10
Selling price of each DVD = $20
DVD players sold = 5
Selling price of each DVD player = $100
This year:
DVDs sold = 150
Selling price of each DVD = $10
DVD players sold = 10
Selling price of each DVD player = $60
Real GDP:
= (No. of DVDs sold this year × Selling price of each DVD last year) + (No. of DVD players sold this year × Selling price of each DVD player last year)
= (150 × $20) + (10 × $100
)
= 3,000 + 1,000
= $4,000.
Sorry, can you show attachments?
Answer:
The correct answer is c) $9,000
Explanation:
If net credit sales are $300,000 and bad debt expense is estimated at 3% of net credit sales.
$300,000 x 3%= $9,000
or
$300,000 x 0.03= $9,000
The amount of the adjusting entry to record the estimated uncollectible accounts receivables is $9,000
