3 years ago

Please help with your own answers

Business

1 answer:

Inessa [10]3 years ago

4 0

E. keep detailed records of the finacial investments of the company

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Which situation best illustrates an effect of the law of supply?

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Explanation:

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The process of evaluating and planning for long-term investments is called budgeting.

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Answer is Capital Budgeting
Reason
Evaluating and planning for long term investments and risk of future cash flows is capital budgeting.

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What was the main reason that Carnegie invested in the Frick Coke Company? He wanted to make sure he could always get fuel for h

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I believe the answer is: He wanted to make sure he could always get fuel for his steel plant.

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Holding other factors constant, if food prices decline relative to the prices of other products, then the real wages of agricult

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3 years ago

Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short-term

nataly862011 [7]

Explanation:

April 16: Dr Short-term investment (6000*24) 144000

Cr Cash 144000

(To record purchase of shares of Gem co)

July-7: Dr Short-term investment (3000*55) 165000

Cr Cash 165000

(To record purchase of shares of pepsico)

July-20. Dr Short-term investment (1500*15) 22500

Cr Cash 22500

(To record purchase of shares of Xerox)

Aug-15. Dr Cash (6000*.95) 5700

Cr Dividend income 5700

(To record cash dividend of Gemco)

Aug-28. Dr Cash (3000*30.75 ) 92250

Cr Short-term investment (3000*24) 72000

Cr Gain on sale of investment(3000 * 6.75 N#1) 20250

(To record sale of shares of Gemco ).

Oct-1. Dr Cash (1.60 *3000) 4800

Cr Dividend income 4800

(To record cash dividend of pesico)

Dec-15. Dr Cash ( 6000*1.60) 9600

Cr Dividend income 9600

(To record cash dividend or remaining shares of gemco)

Dec-31. Dr Cash (3000*1.00) 3000

Cr Dividend income 3000

(To record cash dividend )

[N#1: 24-30.75= 6.75 *3000 = 20250]

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3 years ago