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2 years ago

_____________ study is another term for a panel survey.

1 answer:

4 0

A longitudinal study (or longitudinal survey, or panel study).

A longitudinal study is an observational research method in which data is gathered for the same subjects repeatedly over a period of time.

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The amount of the average investment for a proposed investment of $218,000 in a fixed asset with a useful life of four years, st

MissTica

Answer:

$109,000

Explanation:

Average Investment = ( Initial Investment + Residual Value ) ÷ 2

Therefore,

Average Investment = ( $218,000 + $0) ÷ 2

= $109,000

8 0

2 years ago

An investment adviser representative who makes extensive use of third-party research to formulate portfolio recommendations to c

tiny-mole [99]

Answer: A) need not disclose that fact to the clients

Explanation: An investment adviser representative need not disclose the fact that he/she uses third-party research to formulate portfolio to the clients and the reason is this: It is not necessary to disclose what sources an investment adviser representative uses as the basis for portfolio recommendations, and thus is never in violation of his fiduciary responsibility. However, if the third-party research used is to be distributed to his clients, then, proper attribution is required.

5 0

2 years ago

At the year-end, Encore Company has a product for inventory that was purchased at a cost of $23. The product's expected selling

allsm [11]

Answer:

$21

Explanation:

As we know that

The inventory should be recorded in the books of accounts by applying the lower value of cost or net realizable value

In the given case

The cost is $23

And, the net realizable value is

= Expected selling price - selling cost

= $36 - $15

= $21

So by comparing the cost and net realizable value, the net realizable value contains the lower value i.e $21 and the same is recorded on the balance sheet for inventory

6 0

2 years ago

Shelton Co. purchased a parcel of land six years ago for $874,500. At that time, the firm invested $146,000 in grading the site

Oliga [24]

Answer:

$926,000

Explanation:

For computing the initial cost of the warehouse project, we consider the current value of the land i.e represent the opportunity cost and the land value which is purchased six years ago for $874,500 represent the sunk cost which is not recoverable now. So, this sunk cost is not relevant.

And, the lease cost is also not relevant as the lease period will be ended soon.

All other information which is given is not relevant. Hence, ignored it

3 0

2 years ago

During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as f

malfutka [58]

Answer:

Explanation:

journal entries in the books of AXE

jan 6 purchased goods from Green worth $1200 term 2/10 , n/30

Inventory a/c $1200

Accounts Payable - green $1200

jan 6 purchased goods from munoz worth $900

inventory a/c$900

Accounts Payable - munoz $900

jan 14 Payment being made to green. Since payment is made within 8 days so discount will be recieved by Axe( note term 2/10 means if payment is made within 10 days axe will recieve discount @2%)

Accounts payable - green $1200

Cash $1,176

discount recieved $ 24

( being discount recieved [email protected]% = $24)

Feb 2 payment made to munoz , since it is paid after 10 days no discount will be recieved

Accounts payable- munoz $900

Cash $900

feb 28 purchased goods worth $350 from reynold

Inventory $350

Accounts payable - reynold $350

5 0

2 years ago