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allochka39001 [22]
3 years ago
15

The following items could appear on a bank reconciliation:

Business
1 answer:
julia-pushkina [17]3 years ago
5 0

Answer:

Explanation:

1) Outstanding checks : a subtraction from the bank balance

2) Deposits in transit : an addition to the bank balance

3) NSF (Not Sufficient funds) checks : a subtraction from the book balance

4) Bank collection of our note receivable : an addition to the book balance

5) Interest earned on bank  balance : an addition to the book balance

6) Service charge : a subtraction from the book balance

7) Book error :  a subtraction from the book balance

8) Bank error : an addition to the bank balance

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A profit-maximizing monopolist has the cost schedule c(y) = 20y. The demand for her product is given by y = 600/p^4, where p is
marin [14]

Answer:

Decrease her price by $20

Explanation:

Please see attachment for working notes and explanation

8 0
3 years ago
Suppose you are currently invested 100% in U.S. stocks and you CANNOT short: a.Find the portfolio that maximizes expected return
Volgvan

Answer:

Part a: The portfolio which maximizes the expected return is in the attached file.

Part b:The portfolio's expected rate of return is 11.20% and the weight is 100% for US only.

Explanation:

As the question is incomplete and the data is not available, thus the complete question is found as attached with the solution.

The Sharpe rate is given as

S_a=\frac{E_a-E_r}{\sigma}

Where

  1. E_a is the estimated rate of return for a value
  2. E_r is the risk free rate of return
  3. σ is the standard deviation of the investment.

The portfolio variance is given as

\sigma^2_{portfolio}=\sum_{i}^{n}{\sigma_i^2w_i^2}+\sum_{i}^{n(n-1)/2}{cv_i}

Where

  1. σ is the standard deviation of the investment.
  2. w is the weighted value of the investment
  3. cv is the covariance term

Portfolio standard deviation is given as

\sigma_{portfolio}=\sqrt{\sigma^2_{portfolio}}

Expected rate is given as

E_{rate of return}=\sum_{i=1}^{n}{E_a_i\times w_i}

Now the Sharp value is calculated as above.

Now the values as given in the excel sheet are added in the attached excel sheet,  following formulas are used to calculate various values

Sharpe ratio is calculated using =(B6-J3)/C6

Portfolio variance is calculated using (=B13^2*C6^2+B14^2*C7^2+B15^2*C8^2+B16^2*C9^2+2*B13*B14*C6*C7*D7+2*B13*B15*C6*C8*D8+2*B13*B16*C6*C9*D9+2*B14*B15*C7*C8*E8+2*B14*B16*C7*C9*E9+2*B15*B16*C8*C9*F9)

Portfolio standard deviation is SQRT(Variance)

Expected return is calculated using =B13*B6+B14*B7+B15*B8+B16*B9

Sharpe is calculated using =(B23-$J$3)/B22

Part a:

The portfolio which maximizes the expected return is in the attached file.

Part b:

The portfolio's expected rate of return is 11.20% and the weight is 100% for US only.

4 0
3 years ago
In order to alleviate the effects of bias in employment testing, employers might want to use ________ because they typically do
damaskus [11]

Answer: a. tests of conscientiousness

Explanation:

Test that measure conscientiousness essentially check to see if the prospective employee is capable of doing the tasks required of them well and with seriousness. The test will also show if the person is capable of showing the required diligence and care in their roles.

Such tests are free of bias in testing as conscientiousness can be measured evenly across cultures.

6 0
2 years ago
Selma deposited a paycheck for $378.42. she’ll use the check register to record her transaction. What will be her new balance?
stepladder [879]

Selma’s new balance will be $378.42. A paycheck also known as a pay check or pay cheque, is a paper document issued by an employer to pay an employee for services rendered. However, the physical paycheck is increasingly being replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.

Employees may still receive a pay slip detailing the final payment amount calculations. A salary statement, also known as a payslip, pay stub, paystub, pay advice, or sometimes paycheck stub or wage slip, is a document received by an employee that either includes or is attached to the paycheck.

Each country has laws governing what information must be included on a payslip .

To learn more about paycheck, click here

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5 0
2 years ago
You will have $ in 20 years if you set aside $2,000 at 8%. (Use the future value tables from Chapter 5.)
Romashka-Z-Leto [24]

In 20 years you'll have $5,220.

2,000×0.08=160

2,000+(160×20)= 5,220.

4 0
3 years ago
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