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4 years ago

Which of the following best describes the principle of asset allocation?

1 answer:

6 0

<span>The primary goal of a strategic asset allocation is to create an asset mix that seeks to provide the optimal balance between expected risk and return for a long-term

</span>

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What is a transaction account?

nalin [4]

A transaction account, checking account, or demand deposit account is a deposit account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the account owner may direct.
Tldr : Deposit account - where you take money and store money type of account

8 0

3 years ago

The master budget of Sheridan Company shows that the planned activity level for next year is expected to be 50000 machine hours.

barxatty [35]

Answer:

$1,350,000

Explanation:

Calculation to determine the total manufacturing overhead costs

First step is to calculate the Variable overhead

Variable overhead= $720,000 + $180,000 +$150,000

Variable overhead=$1,050,000

Second step is to calculate Unitary variable overhead

Unitary variable overhead= $1,050,000/50,000

Unitary variable overhead= 21

Now let calculate the total manufacturing overhead costs

For 60,000 units:

Total Manufacturing Overhead Costs = 21*60,000 + 90,000

Total Manufacturing Overhead Costs= $1,350,000

Therefore the total manufacturing overhead costs is $1,350,000

6 0

3 years ago

If accounting information is to be useful, it must be expressed in terms of

Novay_Z [31]

Answer:

accounting information?

3 0

3 years ago

Explain what the credit terms of 2/10,n/30 mean. (Check all that apply.) Multiple select question. The full payment is due withi

nekit [7.7K]

Answer:

The full payment is due within a 30-day credit period.

The buyer can deduct 2% of the invoice amount if payment is made within 10 days of the invoice date.

Explanation:

The credit terms of 2/10,n/30 means that

The credit period available is 30 days in which the fully payment is due

And, if the payment is made within the 10 days so the buyer could eligible for 2% discount on the total price

Therefore the above 2 options should be considered

6 0

3 years ago

The following quote best describes ________. "The marvels of modern technology include the development of a soda can which, when

Alja [10]

Answer:

E)excessive markups

Explanation:

the car must was the must to the book

7 0

3 years ago