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Zinaida [17]
2 years ago
11

_____ normally is the first asset listed on a balance sheet.

Business
1 answer:
Gnom [1K]2 years ago
6 0
D. CASH normally is the first asset listed on a balance sheet.

The assets are listed according to its liquidity. They are divided into two groups - current assets and non-current or long term assets.

Current assets include cash, accounts receivable, inventory, prepaid assets.

Non-current assets include notes receivable (longer than 1 year), equipment, land, and buildings.
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As a response to a rapidly changing marketplace, idea electronics found it necessary to reorganize, including a significant down
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4 0
3 years ago
Consider a portfolio manager with a $20,500,000 equity portfolio under management. The manager wishes to hedge against a decline
love history [14]

Answer:

Assume that a month later the equity portfolio has a market value of $20,000,000 and the stock index future is priced at 1150 with a multiplier of 250. Calculate the profit on the equity position.

Calculate the overall profit.

$1,550,000

Explanation:

Assume that a month later the equity portfolio has a market value of $20,000,000 and the stock index future is priced at 1150 with a multiplier of 250. Calculate the profit on the equity position.

Calculate the overall profit.

The manager should be short on the stock index futures because the position on the equity portfolio is long.

Number of contracts required to hedge

= [$20,500,000/(1250*250)] * 1.25 = 82 contracts

Profit on the equity portfolio

= $20,000,000 - $20,500,000 = -$500,000

Profit on the stock index future

= [(1250)(250) – (1150)(250)] x 82 = $2,050,000

Overall profit

=  $2,050,000 - $500,000

= $1,550,000

therefore, the overall profit is  $1,550,000

7 0
3 years ago
1. Prepare a contribution format income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing
AURORKA [14]

Answer: Hello your question is incomplete below is the complete question

answer :

1) attached below

2a) Increases by $25,176

Explanation:

1) Attached below is the contribution format income statement

<u>2a) Determine by how much the net operating income will change </u>

monthly advertising increment = $25,000

Assumed increase in division's sales = 16%

first step : determine increment in contribution margin of west division

  = 313,600 * 0.16  = 50,176

change in net operating income = 50176 - monthly advert increment

                                                     = 50176 - 25,000 = $25,176 ( increases )

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2 years ago
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KatRina [158]
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The statement that structure is important because it helps our minds begin to develop expectations about what will happen next in a piece of music is true.
</span>
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2 years ago
All of the following options are good tips for borrowing money EXCEPT...
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