Answer:
The correct answer is letter "B": investment center.
Explanation:
Investment centers are units within a firm that generate their own revenue, reporting Financial Statements and Income Statements. Those benefits are eventually used in the diverse financing activities necessary for the corporation's processes. A typical example of an investment center is a department store of an entity.
Answer:
C. Debit Office Supplies; credit Cash
Explanation:
The journal entry is shown below:
Accounts Payable A/c Dr $675
To Cash A/c $675
(Being the payment of an account payable is recorded)
For recording this transaction, we debited the account payable account and credited the cash account as cash is paid so it reduces the cash account for $675 so that the correct posting could be done
Answer:
$7,816.9943
Explanation:
Using the high-low method;variable cost per unit=[Total cost at highest level-Total cost at lowest level]/(Highest level-Lowest level)
= $16,700 - $15,850 / 951 - 860
= $850 / 91
= $9.340659340659341
= $9.3407
Hence, total fixed cost = $16,700 - ($9.3407*951) = $16,700 - $8,883.0057 = $7,816.9943
Answer:
The portfolio SD is A. 20.65%
Explanation:
The standard deviation tells the total risk (both systematic and unsystematic) associated with a stock or a portfolio. The portfolio risk or the standard deviation of portfolio can be calculated using the following formula as attached in the picture below.
Using this formula, the standard deviation of the portfolio is:
SDp = √(0.3)² * (0.2)² + (0.7)² * (0.25)² + 2 * (0.3)*(0.7) * 0.4 * (0.2)*(0.25)
Portfolio SD = 0.20645 or 20.645% rounded off to 20.65%
Answer:
The correct answer will be "Editing".
Explanation:
- Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter.
- Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).
The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.