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lisabon 2012 [21]

3 years ago

9

Bessie started a smell busiess with her brother . After a year, they made a good profit. they than shared the profit equally as

agreed. This type of business is known as what?

1 answer:

ratelena [41]3 years ago

7 0

Answer:

sorry

Explanation:

there is no answer

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You own a portfolio which is valued at $8.5 million and which has a beta of 1.3. You would like to create a riskless portfolio b

Stells [14]

Answer:

The answer is option (c) Short 34 contracts

Explanation:

Solution:

Given that

The information about the portfolio is as stated below:

The value of the portfolio = $8.5 million

The beta = 1.3

The future contract of S&P price = $1310

The size of contract = 250

Now,

To hedge the risk completely, the desired beta is =0

Thus,

The number of contracts is calculated as follows:

The Number of contract = (desired beta - portfolio beta)*portfolio value/(future price*contract size)

So,

The number of contracts = (0 - 1.3)*8500000/(1310*250) = -34

Then,

The negative sign means it is going short.

Hence,

A total of 340 contracts must be short.

8 0

3 years ago

Assume that Firm ABC has revenues of $120,000 for both 2017 and 2018. It also has operating expenses of $40,000 for each of thes

ivolga24 [154]

Answer:

1) deferred tax asset = 4000

2) deffered tax Liability = 4000

Explanation:

1) Journalizing entry at 12/31/2017

deferred tax asset = tax ( per income tax) - tax ( per book tax )

= 32000 - 28000 = 4000

J<u>ournal Entry made for Income tax and deferred tax asset) </u>

Account Debit Credit

Income Tax Expense 28000

Deffered Tax Asset 4000

Income Tax Payable 32000

2) Journalizing entry at 12/31/2018

Deffered tax Liability = Tax (per book) - Tax ( Income tax )

deffered tax Liability = 32000 - 28000 = 4000

<u>Journal Entry made for Income tax and deffered tax liability</u>

Account Debit Credit

Income Tax Expense 32000

To Deffered Tax Liability 4000

To Income Tax Payable 28000

3 0

3 years ago

The capital budgeting process in a company involves evaluation of cash flows, risk analysis, correlation with the portfolio of p

Galina-37 [17]

Answer:

c. Universal Computer Corp.’s purchase of a competitor’s subsidiary.

b. Atlanta Aeronautics Co.’s purchase of a new piece of equipment.

Explanation:

Consider the following definition.

What is capital Budgeting ? Capital budgeting is the process a business undertakes to evaluate potential major projects or investments.

3 0

3 years ago

A modified DCF analysis is best for evaluating and selecting the optimal strategic alternative when a company has ___ goal(s) an

Trava [24]

Answer: single; quantitative

Explanation:

The discounted cash flow analysis is a method that is used to determine the value of a project, security, or assets by using time value of money.

The discounted cash flow analysis is used in real estate, investment finance, patent valuation etc. A modified DCF analysis is best for evaluating and selecting the optimal strategic alternative when a company has single goal(s) and quantitative measures.

6 0

3 years ago

Flitter reported net income of $25,500 for the past year. at the beginning of the year the company had $216,000 in assets and $6

Brut [27]

Answer:

There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.

$Return on Assets = \frac{Net Income}{Total Assets at year end}$ 1

or

$Return on Assets = \frac{Net Income}{Average Assets}$ 2

Substituting the values in equation 1 we get,

$Return on Assets = \frac{25500}{316000}$

$Return on Assets = \frac{25500}{316000}$

$Return on Assets = 0.080696203 or 8.07%$

Substituting values in equation 2 we get,

$Return on Assets = \frac{Net Income}{Average Assets}$

$Return on Assets = \frac{Net Income}{\frac{Assets at beginning + Assets at year end}{2}}$

$Return on Assets = \frac{25500}{\frac{216000 + 316000}{2}}$

$Return on Assets = \frac{25500}{266000}$

$Return on Assets = 0.095864662 or 9.58%$

5 0

3 years ago