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mrs_skeptik [129]
3 years ago
7

Multiple Choice Question The business receives and immediately pays a $300 advertising bill. How would this payment affect the t

otal equity of a business?
a. Expenses would be decreased, so equity would be decreased.
b. There is no affect on total equity.
c. Expenses would be decreased, so equity is increased.
d. Expenses would be increased, so equity is decreased.
Business
1 answer:
NISA [10]3 years ago
8 0

Answer:

d. Expenses would be increased, so equity is decreased.

Explanation:

The business received and paid the advertisement expense of $300 immediately. Expense of advertisement will be increased by $300 and total equity will be decrease by same amount as expense decrease the net income of the business which will ultimately added to equity as retained earning. So the correct option is d. Expenses would be increased, so equity is decreased.

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Stock Z is trading at $50 today. In one year, the value will go either up to $62.50 or down to $40. A call option on Z with exac
PilotLPTM [1.2K]

Answer:

0.33

Explanation:

Delta = (Cu – Cd)/(Su – Sd)Cu

= 62.50 – 55 = 7.50

Cd = 0

Delta = (7.50 – 0)/(62.50 – 40)

= 0.33

5 0
3 years ago
The minimum wage law ___________________ a) has a significant effect on the unemployment rate since a large part of the labor fo
Galina-37 [17]

Answer:

a) has a significant effect on the unemployment rate since a large part of the labor force earns the minimum wage.

Explanation:

The minimum wage law ensures that all employees have a minimum income to live with dignity. Although there is a big debate among economists, the liberal current suggests that the minimum wage law has a major impact on the unemployment rate, especially among the poorest. According to these economists, the minimum wage is instituted above the productivity level of most people, which causes companies to lose efficiency. If wages were fluctuating, according to market law, more workers would probably be hired for wages tied to their productivity. Therefore, among the options, the first seems to be the most correct.

3 0
3 years ago
1. Stock A has an expected return of 7%, a standard deviation of expected returns of 35%, a correlation coefficient with the mar
posledela

Answer:

Option A is riskier

Explanation:

In this question, we want to know which of the two stocks is riskier.

To answer this, we can use the standard deviation of returns as a risk measure.

For a security with a big value for standard deviation of returns, its per period returns are wider making its range per day large.

Hence, what this means is that out of the two stocks, the one with a larger value of standard deviation of returns will guarantee more risk as it is expected to give a better ranges of price

Now back to the values in the question, we can see that the standard deviation of returns of stock A is greater than that of stock B which this makes it a more risky option

4 0
3 years ago
Which of the following taxes is not deductible as an itemized deduction?a. Property tax on second residenceb. Sales tax in a sta
Rudiy27

Answer:

<u>b. Sales tax in a state with no income tax</u>

Explanation:

  • Under the laws of the united states, itemized deductions are eligible expenses that an individual taxpayer can claim on federal income if available.  
  • Based on there taxable incomes the taxes can be deduced and the sales taxes with no income tax do not come under the deductible tax.
  • The list of expenses can also be itemized by there are limited to the tax year.
3 0
3 years ago
If a payback period for a project is greater than its expected useful life, the ___________.
just olya [345]

Answer: d. Entire initial investment will not be recovered.

Explanation:

The Payback period by definition is the amount of time it will take a Project to recover the initial investment into it. For example, if a project had an investment of $20 million and made $5 million every year, the Payback period would be 4 years.

Now, if the amount of time it will take to recover an investment is longer than the expected amount of time the project will run (expected useful life) then logically speaking that would mean that the Investment would not be entirely recovered because the project will be done before it can pay off the investment hence Option D is correct.

4 0
3 years ago
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