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3 years ago

Compared to earning a four-year degree, a technical certification allows you to

1 answer:

8 0

The correct answer should be start earning sooner because it enables you to join the work force sooner since achieving a technical certification lasts shorter.

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Drag each tile to the correct box.

ladessa [460]

Answer:

Match the invoice with the PO.

Record the transaction in the system.

Post the transaction to a ledger

Generate unadjusted Trial balance

Prepare adjusted Trial Balance.

Issue Financial statements

Closing entries

Post closing Trial balance.

Explanation:

The accounting procedure is followed to record any transaction of the business. The transaction are recorded in the system and then these transactions are posted into ledger which forms the trial balance and then financial statements are prepared.

5 0

3 years ago

On November 19, Nicholson Company receives a $24,600, 60-day, 10% note from a customer as payment on account. What adjusting ent

dem82 [27]

Answer:

Explanation:

The adjusting entry is shown below:

Interest expense A/c Dr $287

To Interest payable A/c $287

(Being accrued interest adjusted)

The computation is shown below:

Principal × rate of interest × number of days ÷ (total number of days in a year)

= $24,600 × 10% × (42 days ÷ 360 days)

= $287

( 11 days in November + 31 Days in December)

3 0

3 years ago

Last year, Rocket Inc. earned a % return. Farmer's Corp. earned %. The overall market return last year was %, and the risk-free

grigory [225]

Answer:

a) Expected Return for Rocket Inc. = 27.7 %

b) Expected Return for Farmer's Corp. = 9.5 %

c) The Stock performed better once you take risk into account = Rocket Inc.

Explanation:

Given - Last year, Rocket Inc. earned a 19 % return. Farmer's Corp. earned 12 %. The overall market return last year was 16 %, and the risk-free rate was 3 %. If Rocket stock has a beta of 1.9 and Farmer's has a beta of 0.5.

To find - (a) Rocket's expected return is ... ?

(b) Farmer's expected return is ... ?

Solution -

The formula for Expected return is -

Expected Return = Risk-free rate + Systematic Risk ( Market Return - Risk-free rate )

Now,

For Rocket Inc. -

Expected Return = 3% + 1.9 ( 16% - 3% )

= 3% + 1.9 (13 %)

= 3% + 24.7 %

= 27.7 %

⇒Expected Return for Rocket Inc. = 27.7 %

For Farmer's Corp. -

Expected Return = 3% + 0.5 ( 16% - 3% )

= 3% + 0.5 (13 %)

= 3% + 6.5 %

= 9.5 %

⇒Expected Return for Farmer's Corp. = 9.5 %

Now,

Given that,

Actual Return of Rocket Inc. = 19 %

Expected Return of Rocket Inc. = 27.7 %

⇒ Performance is better

Now,

Actual Return of Farmer's Corp. = 12 %

Expected Return of Farmer's Corp. = 9.5 %

⇒ Performance is worst

∴ we get

The Stock performed better once you take risk into account = Rocket Inc.

7 0

3 years ago

State three differences between direct and indirect production

Oksana_A [137]

Indirect:

is the production of something like a device, something that can be used to produce another product.

Direct:

is the creation of an end product, like in farming producing food.

Major Difference:

The kind of product being produced!

5 0

3 years ago

What is the difference between formatting with the Format Painter and with the [F4] key?

Debora [2.8K]

Answer:

Format Painter copies the text or graphics from the selected format and replicates it to the desired one. But F4 key copies the previous actions and may copy all the commands.

Explanation:

These are the two basic shortcuts of editing any text or graphics. Format painter is a tool on the task bar which copies the properties of one text or graphic and transfer it to the desired format.

4 0

3 years ago