A person who does research and analysis of private companies. they preform due diligence, financial modeling and valuation of the companies where investors are willing to invest
Answer:
Explanation: Unbiased Expectations Theory states that current long-term interest rates contain an implicit prediction of future short-term interest rates. More specifically, the theory states that an investor should earn the same amount of interest from an investment in a single two-year bond today as that person would with two consecutive investments in one-year bonds.
From the above question:
1 + 1R5= {(1 + 1R4)4(1 + E(5r1))}1/51.0215
= {(1.016)4(1 + E(5r1))}1/5(1.0215)5
= (1.016)4(1 + E(5r1))(1.0215)5 / (1.016)4
= 1 + E(5r1)1 + E(5r1)
= 1.0438E (5r1) = 4.38%
The budgeted sales units for April, May, and June will be 546, 600, and 578 respectively.
<h3>How to calculate the units to be produced?</h3>
The unit to be produced in April will be:
= (610 × 22%) + 530 - 106
= 122 + 530 - 106
= 546
The unit to be produced in May will be:
= (560 × 20%) + 610 - 122
= 112 + 610 - 123
= 600
The unit to be produced in June will be:
= (650 × 20%) + 560 - 113
= 130 + 560 + 113
= 578
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Answer:
Closing supplies is $3,700
Explanation:
Given:
Opening balance of supplies = $980
Additional supplies purchased = $3,200
Closing office supplies = $480
Expenditure incurred on supplies = Opening supplies + additional supplies purchased - closing supplies
= 980 + 3200 - 480
= $3700
Adjusting journal entry to record expenditure on supplies:
31st December Supply expense A/c........................Dr $3,700
Supplies A/c $3,700
(To record supplies expense incurred)
