<span>The higher the percentage of the active ingredient in a drug, the more powerful the drug is.</span>
You would record this transaction into the accounting equation by: increasing cash and decreasing accounts receivable
<h3>
What is accounting?</h3>
Accounting refers to the process of keeping track of a company's financial transactions. Summarizing, analyzing, and reporting these transactions to oversight organizations, regulatory bodies, and tax collection organizations are all parts of the accounting process.
The financial statements that are used in accounting provide a succinct overview of all financial transactions that took place during a given accounting period, including information on a company's operations, financial situation, and cash flows.
One of the essential duties in practically any firm is accounting. In a small business, it might be handled by a bookkeeper or an accountant; in larger corporations, it might be handled by vast financial departments with dozens of staff members.
Management may greatly benefit from the data produced by different streams of accounting, including cost accounting and managerial accounting, in order to make wise company decisions.
Learn more about accounting
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Answer:
a) Tax paid to the state, federal, and local governments based on income earned over the past year.
Explanation:
Income tax is the tax imposed on workers by the state or federal government. It is based on a worker's regular pay, for example, a monthly salary or wage. Income tax is usually a percentage of gross income.
Payment of income tax is mandatory. Employers are required to withhold the income tax amount and submit it to the state or federal government.
The change in the amount sold will be greater when the price elasticity of demand is greater than 1. (option 3).
<h3>What is price elasticity of demand?
</h3>
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Demand is elastic when the coefficient of demand is greater than one. This means that for a small change in price, the quantity demanded would be greater.
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Answer: See Explanation
Explanation:
You didn't indicate the assets and their expected returns but I found one online which I can use as an example.
Let's say the portfolio has assets that has the following return:
Technology stocks = 20%
Pharmaceutical stocks = 15%
Utility stocks = 10%
Savings account = 5
Technology stocks:
Weight = 55%
Expected return = 20%
Weighted return = 55% × 20%
= 0.55 × 0.2 = 0.11 = 11%
Pharmaceutical stocks
Weight = 12%
Expected return = 15%
Weighted return = 12% × 15% = 0.12 × 0.15 = 0.018 = 1.8%
Utility stocks
Weight = 20%
Expected return = 10%
Weighted return = 20% × 10%
= 0.2 × 0.1 = .02 = 2%
Savings account
Weight = 13%
Expected return =5%
Weighted return = 13% × 5% = 0.65%
Expected return on the Portfolio will be:
= 11% + 1.8% + 2% + 0.65%
= 15.45%
Note that:
Weighted return = Weight × Expected return
