Answer:
1. $490,000
2. $481,000
Explanation:
1. The computation of the total amount which is included in the balance sheet is shown below:
= Accounts receivable + Accounts receivable, long term + Land + Patents
= $215,000 + $118,000 + $63,000 + $94,000
= $490,000
In this the land and patents are recorded in the historical rates
2. The computation of the total amount which is included in the balance sheet is shown below:
= Accounts receivable + Accounts receivable, long term + Land + Patents
= $215,000 + $118,000 + $59,000 + $89,000
= $481,000
In this all items are recorded in the current rates
Answer: Option B
Explanation: The receiving of cash from customers will have no effect on total assets, as the amount of inventory will decrease and the amount of cash will increase by the same amount. Thus the accounting equation will remain same from such a transaction as one asset will decrease and other will increase.
Thus, from the above we can conclude that the correct option is B.
The expected return on this portfolio will be given by:
E[P]=Rf+(E[Rm]-Rf)β
Where:
Rf=Risk Free interest rate
Rm=Return on the market portfolio
β= Market Beta
The return on our portfolio will be:
E[p]=0.043+(0.128-0.043)0.013
=0.043+0.085*0.013
=0.044105
=4.4105%
Answer:
200 shares
Explanation:
As per the family attribution rule Rule 318 the person is owner of his or her shares and deemed owner of the shares that their parent posseses. This means that Maria is treated as an owner of 100 shares she actually owns and the 100 shares that her mother owns, totalling it to 200 shares. The number of shares that her sister or grandmother owns is not included in the ownership as it is not as per the family attribution rule.
