Answer:
The correct answer is letter "D": Opportunity cost.
Explanation:
Opportunity cost is described as the return of the choice selected over the potential return that could have been obtained from the choice left behind. It represents the return of the option chosen compared to the choice forgone. Opportunity costs is also defined as the return of the best next available option.
There is some information missing and I looked up it. If the numbers are not exactly the same, you adjust them to your question.
- The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $166,436.
- The bank collected $26,500 on a $25,000 note, including interest of $1,500.
- A check for $4,000 returned with the statement had been incorrectly recorded by Pala Medical Co. as $400. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account.
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Bank service charges for June amounted to $55.
Answer:
June 30, 20Y1
Dr Cash 26,500
Cr Notes receivable 25,000
Cr Interest revenue 1,500
Dr Cash 3,600
Cr Accounts receivable 3,600
Dr Bank fees expense 55
Cr Cash 55
If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, what amount should be reported as cash?
$166,436 + $26,500 + $3,600 - $55 = $196,481
Answer:
A)semistrong
Explanation:
As regards to finance, the efficient-market hypothesis known as "EMH"
gives assertion that financial markets can be regards as "informationally efficient. ”
The EMH three forms which are:
1)weak
2) semi-strong
3)strong
it gives evaluation of the influence that MNPI(material Nonpublic Information ) has on market prices. It explains that when markets are efficient then the current prices reflect all information.
Semi-strong-form give a claim that prices gives reflection of all publicly available information, it also claims that
that prices instantly change to to gives a reflection of new public information.
The weak-form gives a claim that prices that is on traded assets such as bonds or stock gives reflection of
all publicly available information in the past . It should be noted that If you believe in the semistrong form of the EMH, you believe that stock prices reflect all relevant information including historical stock prices and current public information about the firm, but not information that is available only to insiders.
Based on the information given, it can be deduced that the annual percentage rate (APR) is 24%.
The annual percentage rate simply means the yearly interest that's generated by a sum that's charged to a borrower. In this case, the APR is 24% after 6 months.
Also, the credit cards that have an annual fee will be credit card 2 and 3. It can also be deduced that the grace period is the same for the three credit cards while credit 3 has a membership.
If one pays the credit card bill on time and the balance each month, the best credit card is credit card 1. Lastly, when one has a balance from time to time credit card 1 is still the best.
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