1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inysia [295]
3 years ago
9

On April 18, Riley Co. made a short-term investment in 440 common shares of XLT Co. The purchase price is $56 per share and the

broker's fee is $390. The intent is to actively manage these shares for profit. On May 30, Riley Co. receives $1.30 per share from XLT in dividends.
a. Prepare the April 18 and May 30 joumal entries to record these transactions.
Business
1 answer:
Alika [10]3 years ago
8 0

Explanation:

General Journal

April 18

Debit Short-term Investments 25,030

Credit Cash 25,030

(440x$56= 24,620+390) = 25,030

May 30 ,

Debit Cash 572

Credit Dividend Revenue 572

1.30×440= 572

You might be interested in
A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do
maxonik [38]

Answer:

FALSE

Explanation:

It is False that the difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

The reverse is true because projects are time-bound and they come to an end when their objectives have been achieved, but company operations are expected to continue as a going concern.

A project is an activity to meet the creation of a unique product or service, an thereafter terminates while operations are day to day routine activities that are expected to continue

3 0
3 years ago
Question 7 of 20
andriy [413]

Answer:

B. Proactivity

Explanation:

A,p,e,x

5 0
3 years ago
The equilibrium rate of interest in the market for money is determined by the intersection of thea. investment-demand curve and
likoan [24]

Answer: The equilibrium rate of interest in the market for money is determined by the intersection of the supply of money curve and the total demand for money curve.

Explanation: To determine the equilibrium rate of interest, it's necessary to study where the supply and demand curve points intersect. When supply and demand are equal, equilibrium has been achieved.

7 0
4 years ago
Read 2 more answers
What is a risk management strategy you could use to
deff fn [24]

While protecting a house, the risk management strategy that can be used by an individual is

  • to set up a security system
  • the installation of cameras at the front door and porch of the house.

Options A and B is the correct answer.

<h3>What is risk management?</h3>

Risk management is a process where a person tries to mitigate the risks in every possible way.

  • The risk management strategy which can be utilized by an individual for protecting his/her house is to put a security system like handprint locks, alarms, etc. which will alert the individuals of the house if any criminal or thief tries to enter the house.
  • Another way is to install the hidden cameras outside the house, especially at the entrance, which helped the individual to track the activities going outside the house.

Therefore, the individuals can protect their homes by installing the cameras on the front door and setting up a security system that could be used as a risk management strategy.

Learn more about the risk management in the related link:

brainly.com/question/4680937

#SPJ1

6 0
2 years ago
A market that is efficient has which of the following features
iogann1982 [59]

Answer: Option D

               

Explanation: In financial economics, the effective-market theory is a theory that asset values represent all available data. Strong inference is that this is difficult to reliably "outperform the market" on a threat-adjusted basis because market rates will respond only to new data.

           Thus, consumer valuation is always taken into consideration as the prices are determined by the m,market forces which are dependent on consumer valuation.

In such markets resources are allocated to most efficient firms who are capable to make maximum output result.

7 0
4 years ago
Other questions:
  • What trend in wages paid to workers in america developed between 1860 and 1890?
    15·1 answer
  • The quantity of a product that will be offered to the market by a supplier at various prices for a specified period determines t
    6·1 answer
  • If you've been a victim of identity theft, what should you do after contacting the company that reported the suspicious charge a
    6·1 answer
  • I really need help I don't know how to do this its Accounting II
    6·2 answers
  • A country decides to produce wool. Which of the following key economic questions does this decision address?
    11·1 answer
  • During summer vacation, you charge people $8 per hour for swimming lessons and a $20 registration fee. If you make $52 one day,
    9·1 answer
  • Siemens is a large multinational company that has businesses in the energy and health care industries. Because these companies u
    5·1 answer
  • The following balance sheet information is provided for Greene Company for Year 2: Assets Cash $ 7,600 Accounts receivable 13,75
    11·1 answer
  • A process includes 9 tasks and there are 3 workers. Each task can be assigned to only one worker and each worker must be assigne
    12·1 answer
  • Which marketing management philosophy focuses on the question, "what do customers want and need?".
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!