When you borrowed $50 from your rich cousin, and then had to pay her back $60, what is the original $50 called?

Collection of a $1,000 Accounts Receivable A. decreases a liability $1,000; increases stockholders' equity $1,000. B. has no eff

DerKrebs [107]

Answer:

B. has no effect on total assets.

Explanation:

Both cash and accounts receivable are assets. When a sale is made on credit, the entries required are debit accounts receivable and credit revenue.

On receipt of cash, debit cash and credit accounts receivable.

Hence the collection of a $1,000 Accounts Receivable will have no effect on total assets as one asset was credited ( a reduction) while the other was debited(an increase) by the same amount.

8 0

3 years ago

Read 2 more answers

Assume there is a fixed exchange rate between the Canadian and U.S. dollar. The expected return and standard deviation of return

gregori [183]

Answer:

The expected return on the portfolio is 15.5%.

Explanation:

The expected return on portfolio formula requires multiplying every asset's weight in the portfolio by their respective expected return, then summing up all values together.

$\text{Expected Return}=W_{A}\cdot R_{A}+W_{B}\cdot R_{B}$

Here,

W = weight of the respective asset

R = expected return of the respective asset

It is provided that:

The expected return on the U.S. stock market is 18%.

The expected return on the Canadian stock market is 13%.

The proportion of money invested in both stock markets is 50%.

Compute the expected return on the portfolio as follows:

$\text{Expected Return}=W_{U}\cdot R_{U}+W_{C}\cdot R_{C}$

$=(0.50\times 0.18)+(0.50\times 0.13)\\=0.09+0.065\\=0.155$

Thus, the expected return on the portfolio is 15.5%.

4 0

3 years ago

Name five leadership soft skills and describe the importance of each

sammy [17]

Listening: Make it Your Secret Communication Weapon
Take Accountability: Do What You Say You're Going to Do
Creative Thinking: Be Resourceful With What You've Got
Emotional Awareness: Know What You're Feeling
Empathy: Go Outside to Connect Inside

4 0

3 years ago

Minden company introduced a new product last year for which it is trying to find an optimal selling price. marketing studies sug

fomenos

832,200 - 94 = 738.2 annual sales

3 0

4 years ago

YOUR TASK. Revise the following sentences to unbury the verbs.

stellarik [79]

The revision of the sentences to unbury the verbs is:

41. After the investigation, the fire department reached the conclusion that the blaze was set intentionally.
42. Our committee promised to give consideration to your proposal at its next meeting.
43. When used properly, zero-based budgeting can bring about a reduction in overall costs.
44. Did our department make an application for increased budget support?
45. The budget committee has not taken action on any projects yet.
46. Homeowners must make a determination of the total value of their furnishings.

This is an action or doing word which is used to show action and is one of the important parts of speech in the English language.

When a verb is buried, then the function in the sentence is unclear and obscure, but by placing them properly and changing the form in which they appear in the sentence.

Read more about verbs here:
brainly.com/question/14584990

4 0

2 years ago