Answer:
$1,500
Explanation:
Calculation to determine what Shore should report as a gain
Using this formula
Unrealized gain=Market value-Trading securities value
Let plug in the formula
Unrealized gain=$19,000-$17,500
Unrealized gain=$1,500
Therefore Shore should report a gain of $1,500
Answer:
Reduction in consumer confidence will decrease consumption demand, which will decrease output. IS curve... view the full answer
Explanation:
Reduction in consumer confidence will decrease consumption demand, which will decrease output.
Answer:
Debit Encumbrances with $6,000
; and Credit Budgetary Control also with $6,000
.
Explanation:
Encumbrance accounting is an accounting technique that is mainly employed to ensure that overspending of the taxpayers' money is avoided.
The journal entries will appear as follows in the book of the City of Grand Marais on May 6 as follows:
<u>Details Dr ($) Cr ($) </u>
Encumbrances 6,000
Budgetary Control 6,000
<em><u>To record the approval of a purchase order for supplies</u></em>
Answer:
Each will receive:
Gary: $ 16,400
Bill: $24,600
Carmella: $ 41,000
Explanation:
The profit is shared according to the ratios of their investment as per below calculations:
Gary: $82,000×2/10 = 16,400
Bill: $82,000*3/10 = 24,600
Carmella $82,000 *5/10 = 41,000
Answer and Explanation:
Given:
For portfolio A
Expected return of 12%
beta = 0.5
Risk premium for A = ?
For portfolio B
Expected return of 13%
beta = 0.4
Risk premium for B = ?
Risk-free rate of return = 5%
Computation:
For portfolio A
12% = 5% + (0.5 × risk premium for A)
risk premium for A = 14%
For portfolio B
13% = 5% + (0.4 × risk premium for B)
risk premium for B = 20%
short position "A"
Long position "B"
