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ivanzaharov [21]
3 years ago
13

Petty Cash is a liability with a normal debit balance. True or false

Business
1 answer:
KatRina [158]3 years ago
8 0
True because it is a liability with a normal debit balance
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Information such as parking issues, choice of location, and specialized equipment should be included in the _______ portion of y
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Cameron, in the payroll department, works with sensitive employee information such as social-security numbers and annual salarie
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Data Encryption

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You would like to combine a risky stock with a beta of 1.5 with U.S. Treasury bills in such a way that the risk level of the por
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Answer:

33.33%

Explanation:

Let weight of T-bill be x, therefore weight of stock will be 1-x

Portfolio = Weight of stock*Beta of stock + Weight of T-bills*Beta of T-bills

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3 years ago
The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and
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Answer:

The total budgeted fixed selling and administrative expenses for February is $170,400.  The answer is D.

The calculation is as follows:

a) Advertising -  $50,100

b) Executive Salaries -$60,100

c) Depreciation - $20,100

d) Others - $40,100

Total = $170,400.

Explanation:

To obtain the above answer, we add up all the budgeted fixed selling and administrative expenses, excluding variable elements.

Fixed costs are costs which do not vary according to the level of production or activity.

Since the other elements of cost, e.g sales commision, shipping, and part of advertising are variable, these are excluded in getting the fixed selling and administrative expenses.

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4 years ago
Marginal social cost is the marginal cost incurred by the entire society​ - by the producer and by everyone else on whom the cos
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Answer:

Marginal social cost is the sum of marginal private cost and marginal external cost

Explanation:

Marginal social cost is  the total cost society pays for the production of another unit or for taking further action in the economy.

​    

Marginal Social Cost= MPC+MEC

where MPC = Marginal private cost

MEC = Marginal external cost

A private cost of production is a cost that is borne by the producer of a good or service. on the other hand,  A marginal external cost is the cost of producing an additional unit of a good or service that falls on people other than the producer.

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3 years ago
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