Answer:
Explanation:
Please check the attached file below to see answer to the given question
Answer:
The correct answer is letter "B": Expected return.
Explanation:
Expected return is the return an investor expects from an investment given the investment's historical return or probable rates of return under different scenarios. To determine expected returns based on historical data, an investor simply calculates an average of the investment's historical return percentages and then, uses that average as the expected return for the next investment period.
In the example, the expected return would be:
<em>Expected return </em><em>= (return in a good economy + return in a poor economy)/2</em>
<em>Expected return </em><em>= (13% + 4%)/2</em>
<em>Expected return </em><em>= </em><em>8,5%</em>
Answer:
1. Apartment Information Vendor
Explanation:
<u><em>Those persons who involve in the business of claiming, charging, demanding, receiving, etc information regarding location and availability of real property, including apartment housing, which may be rented, leased, shared as a private residence or place of residence is known as </em></u><em>Apartment information </em>vendor. <em>It is the responsibility of licensees to get understand the law of Apartment Information Vendors License which is specified in section 190.1 of this Part and a completely executed separate escrow agreement as specified in subdivision (d) of this section.</em>
Answer and Explanation:
The Journal entry is shown below:-
On August 2
Stock dividend Dr, $67,320 ($33,000 × 3% × $68)
To Stock dividend distributable $49,500 ($33,000 × 3% × $50)
To Paid in capital in excess of par - common stock $17,820
(Being stock dividend is recorded)
On September 15
No Journal entry is required
On October 8
Stock dividend distributable Dr, $49,500
To Common stock $49,500
(Being stock dividend is recorded)