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Galina-37 [17]
3 years ago
11

Why do you think it's better to invest in a variety of stocks, rather than in just one?

Business
2 answers:
Cerrena [4.2K]2 years ago
7 0
If you invest in just one and you lose out, you lose all your money but if you spread your money equally there's a better chance of making more
xeze [42]3 years ago
4 0
When you invest in more than one stock it gives a better chance of getting more money than you would have, if you only did one.
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It will cost $2,500 to acquire an ice cream cart. Cart sales are expected to be $1,500 a year for three years. After the three y
Dvinal [7]

Answer: 1 year and 6 months

Explanation:

The cash flows are as follows,

Year 0 = ($2,500)

Year 1 = $1,500

Year 2 = $1,500

Year 3 = $1,500

Payback period is the time it will take to break even the intial investment (In this question the initial investment is $2,500)

The sum of the cashflows of year1 and year2 is equal to $3,000

which means that the payback period is somewhere bbetween year 1 and year2

1500/3000 = 0.5 year or 6 months

the total payback period is 1 year and 6 months

3 0
3 years ago
When a company issue 27,000 shares of $5 per value common stock,the journal entry for this issuance would include:
a_sh-v [17]

Answer:

1. A debit to cash for $135,000

Explanation:

The complete entries are

1. A debit to cash for $135,000

2. A credit to common stock account for $135,000

6 0
3 years ago
Which of the following is not a type of fiduciary fund?
snow_tiger [21]

Answer:

The correct answer is a.Special service funds

Explanation:

This corresponds to funds used for social investment. All financial resources of a tax and non-tax nature that are generated, obtained or originated in the production or provision of goods and services that the Executing Units or public entities carry out, in accordance with the Law. They are oriented to the attention of public budget expenditures.

6 0
3 years ago
The accumulated depletion account is a.an expense account b.reported on the income statement as other expense c.reported on the
bonufazy [111]

Answer:

The answer is c.reported on the balance sheet as a deduction from the cost of the mineral deposit.

Explanation:

Accumulated Depletion Account is the account showing the accumulated depletion expenses relating to the use/exploitation of natural resources since the beginning.

Just like Accumulated Depreciation Account, The Accumulated Depletion Account is a contra-asset account which is reported on the Balance Sheet under the Natural Resources Account; the net effect of the two account shows the net book value of Natural Resources Account.

Thus, c. reported on the balance sheet as a deduction from the cost of the mineral deposit. is the correct choice.

4 0
3 years ago
What was the name given to the first computer (machine) language?
Alekssandra [29.7K]

Answer:A. ASCII

Explanation:APEX

7 0
3 years ago
Read 2 more answers
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