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Doss [256]
3 years ago
5

how might a recent college graduate's investment portfolio differ from someone who is nearing retirement?​

Business
1 answer:
iren [92.7K]3 years ago
4 0

Answer:

A recent college graduate's investment portfolio will differ from someone who is nearing retirement due to the length of time someone who is at the end of their career has had to invest whereas someone who is a recent college graduate hasn't had the time/money to invest

Explanation:

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On March 1, 2020, the Teal Company received a $45,000 payment for annual magazine subscriptions (the subscriptions run from the
bulgar [2K]

Answer:

The company has incorrectly credited the sales revenue account at the time of the receipt of payment. So, the  journal entry to record the transaction is as follows:

Date               Particulars                            Debit          Credit

March 1, 20    Sales Revenue A/c           $45,000

                             To Unearned Sales Revenue A/c   $45,000

                       (To record Unearned sales revenue)

5 0
3 years ago
Held-to-maturity securities a.are reported at fair value. b.include equity securities. c.are not intended to be held until the m
Hitman42 [59]

Answer:

The correct answer is option D,held-to-maturity securities  include corporate notes and bonds.

Explanation:

Held-to-maturity securities are normally debt instruments purchased with aim of keeping them till maturity so as to collect the principal amount invested as well as the related interests,since they are not held for short-term gains,they are not reported at fair values.

Securities held for short-term to be realized in short-term are reported at fair values

4 0
2 years ago
As a junior congress person you have been asked to help promote a bill to allow casino gambling in your state. There is much opp
Julli [10]

In such a case, the first step for Junior to conduct effective distributive negotiation would be to adequately prepare for it. As he was assigned to promote a bill to allow casino gambling in the state, he should know thoroughly about the pros and cons that involve this activity and also seek to understand the arguments of who is against the bill's approval. Knowing your negotiating adversary will make it much easier to find your flaws and weaknesses so that you can bargain effectively. Junior could at first set up an assembly and then consistently present the positive points, presenting solutions to the opposition's problems and showing relevant points that the opposition did not expect. Some bargains could be the focus on security that these establishments would have, surveillance, the creation of new jobs, the stipulation of the opening hours of the Casino, among others.

6 0
3 years ago
Trey owns 250 shares of common stock in a toy–store company. This means that he owns a percentage of the company based on the pr
Sergeu [11.5K]

Answer:

The correct answer is D

Explanation:

The voting right is the right which is given to the shareholders of the company to vote on the matters of the corporate policy involving the decisions on the making of the BOD (Board of Directors), making changes in the operations of the corporation, issuing securities and initiate the corporate actions.

So, when the person owns 250 shares, which means owns the percentage of the company grounded on the proportion of the shares the person owns. Therefore, the person along with ownership gets the voting rights as well.

3 0
3 years ago
Ocean Gate sells external hard drives for $200 each. Its total fixed costs are $30 million, and its variable costs per unit are
Angelina_Jolie [31]

Answer:

What is the firm's degree of operating leverage?

the degree of operating leverage measures the proportion of fixed costs vs. variable costs

total fixed costs = $30,000,000

contribution margin per hard drive = selling price - variable cost = $200 - $140 = $60

tax rate = 30%

expected sales = 2,000,000 hard drives

degree of operating leverage =  contribution margin / (total sales - total costs) = (2,000,000 x $60) / ($400,000,000 - $280,000,000 - $30,000,000) = $120,000,000 / $90,000,000 = 1.33

DOL = 1.33

If the economy enters a recession, what will be the firm's after tax profit?

firm's EBIT = total revenue - variable costs - fixed costs

  • total revenue = 1,000,000 x $200 = $200,000,000
  • total variable costs = 1,000,000 x $140 = $140,000,000
  • total fixed costs = $30,000,000

EBIT = $200,000,000 - $140,000,000 - $30,000,000 = $30,000,000

firm's after tax profit = EBIT x (1 - tax rate) = $30,000,000 x (1 - 30%) = $21,000,000

firm's after tax profit = $21,000,000

7 0
3 years ago
Read 2 more answers
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