Answer: the correct answer is (A) If Stonebridge does not raise taxes on its residents to maintain its infrastructure, the city will become much less attractive to live in as that infrastructure decays.
Explanation:
Situation: When a city loses population due to migration, fewer residents remain to pay to maintain the city's infrastructure, so property taxes tend to rise. These property taxes drive even more residents away. The city of Stonebridge is starting to lose population, so Stonebridge should not raise property taxes.
Reasoning: What would weaken the idea that the city should refrain from raising property taxes? That the city would decay because it wouldn't have money to maintain the infrastructure so A is correct.
Answer:
D. A diverse portfolio is more likely to have a stock inside of it that performs amazingly well.
Explanation:
Diversification of portfolio means adding different stocks / shares in investment portfolio.
Option D is correct because when we have different kind of stock, there are chances that if one fails to perform, one can outperform and it is likely to have a stock which can perform amazingly well.
Now we will see that why all the options are incorrect one by one.
option A is not true because it is not necessary that diverse portfolio cannot fail altogether. So it cannot be guaranteed that it will have higher return for sure.
Option B is not true as diverse portfolio cannot have lower volatility if all perform like same.
Option C is also incorrect as correlation is not necessary in diverse portfolio.
Answer:
The colorado ranching is not expanding
Explanation:
The null hypothesis, H₀ : μ = 2.7 billion
Alternative hypothesis, Ha : μ > 2.7 billion
n = 30
The observed test statistic,
Degree of freedom = n-1 = 30 -1 = 29
Significance level = 0.05
For the critical value, we check the t - table at 0.05 significance level
Since
, we will accept H₀
That is the mean total cash receipt is 2.7 billion and the colorado ranching is not expanding
Answer:
The account "Warranty Liability":
is adjusted at the end of the year
Answer:
The journal entry to record this note collection carried out by the bank should be:
Dr Cash 21,200
Cr Notes receivable 20,000
Cr Interest revenue 1,200
Explanation:
Notes receivable is an asset account and it probably represented a sale made on credit by the company, so when it was collected, the amount should decrease and that is done by crediting it.
On the other hand, since only $20,000 belonged to the note, the rest ($1,200) must be recorded as interest revenue. Revenues are always credited.
