Answer:
decreases as the investor increases the number of stocks in her portfolio.
Explanation:
In Business, a portfolio can be defined as a wide range of financial investments such as bonds, stocks, cash, commodity, real estate, cash equivalent, art etc that are being held by an individual or organization.
The risk associated with a portfolio decreases as the investor increases the number of stocks in her portfolio.
This ultimately implies that, as the number of assets being held by an individual or organization increases, the risk associated with such a portfolio decreases. Generally, this is referred to as diversification.
Answer:
the Principle, PV on the mortgage was $68,086.64.
Explanation:
The Principle on the mortgage, PV is determined as follows :
FV = $124,000
N = 30 × 12 = 360
P/ yr = 12
PMT = $0
R = 2%
PV = ?
Using a Financial Calculator, the Principle, PV on the mortgage was $68,086.6399 or $68,086.64.
Answer:
No journal entry is required
Explanation:
In the case of Direct write-off method, for recording the estimating future debts, no journal entry is required as in this method only bad debt expense is recorded which is shown below:
Bad debt expense A/c Dr XXXXX
To Account receivable A/c XXXXX
(Being the bad debt expense is recorded)
So, no journal entry is required for estimated amount or Allowance for doubtful Accounts
Answer:
d) Debit Cash $7.5 million and Expenditures $.5 million; Credit Other financing sources $8.
Explanation:
The Cash proceed from the bond is recorded as the net of face value of the bond and the underwriting fees.
The underwriting fees is the expenditure for the Lincoln School District ad it is debited to record the expense.,
As the bond issued is a liability for Lincoln School District and payable at the date of maturity. the interest is also paid on this amount on stated rate of 6%. The Bond Payable account is credited to record the liability.
They argued that the role of government was to promote the welfare of its people is the correct assessment about the Whigs.
The Whigs were a political party in the United Kingdom that rose to prominence in the early 19th century. The Whigs advocated for the reform of the British government and were opposed to the policies of the Tory party.
The Whigs were led by prominent figures such as Charles James Fox and Edmund Burke. The party's name derived from the fact that they were originally a group of English country gentlemen who opposed the absolute rule of the king.
Hence, the "second" option is correct.
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