Answer:
the nominal rate of return she earned is 12.42%
Explanation:
The computation of the nominal rate of return she earned is shown below:
return = (sell price - buy price + dividend) ÷ buy price
= ($28.45 - $26.50 + 1.34) ÷ ($26.50)
= 12.42%
Hence, the nominal rate of return she earned is 12.42%
We simply applied the above formula so that the correct rate could come
Answer:
A. items 2, 4, 7, and 8
Explanation:
As we know that the near money should also be known as the quasi-liquid money and this comprise of high liquid money not only used for the transactions as they are only part of M2 money so it cant be involved in M1 money
And, the other options are related to currency or the instruments instead having less liquidity levels
Therefore the option a is correct
Answer:
The amount of Joanna's gross income from these items is $60,000.
Explanation:
Gross income = $60,000
Only the compensation from her employee should be considered here. Since the stock is not sold, its appreciation has no value.
A life insurance proceeds is a tax-free item, therefore not to be included in gross income.
Therefore, The amount of Joanna's gross income from these items is $60,000.
Answer:
$102,000.
Explanation:
The maturity value is the principle + interest.
First calculate the interest:
$100,000 x .06 x (4/12) months = $2,000
Maturity value is $100,000 + $2,000 = $102,000
Answer: $12,000
Explanation:
Only the $12,000 will be reported in Statement of Activities ( the financial statement used to report revenues and expenses for governmental and business-type activities) as a change in net position for business-type activities.
Why?
The Water Entreprise Fund is the only listed fund type listed that would fall under BUSINESS TYPE because it is an ENTREPRISE Fund. The Motor Pool Internal Service falls under GOVERNMENT ACTIVITIES and the Pension Find is only displayed in the Fund Financial Statements.
Because the Water Entreprise Fund is the only fund here concerned with BUSINESS TYPE activities, it's rise by $12,000 is what will be reported as the Net Change.
