Solution:
Given,
The sums of consumer cash earned during the year ending December 31, 2019 were $314,000 and accounts receivable were lowered by $42,000.
Sales on account for the year ended December 31, 2019 :
Credit sales = Cash collected + Increase / ( Decrease ) of accounts receivable
Credit sales = $ 314,000 - $ 42,000
Credit sales = $ 272,000
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Answer:
The correct answer would be, System.
Explanation:
The restoration of the Ryan Home is an example of a System.
A System is a set of interrelated activities, set of tasks working together, as a part of the whole mechanism. Small tasks, departments, works, jobs, duties, make a system.
In this question, The restoration company is acting as a system, as they are providing assistance with the Ryan Family from the initial clean up to the moving back in with the family after the whole fire stuff. All of the restoration company's interrelated parts working together to accomplish a goal, which is an example of a System.
Answer:
7.7%
Explanation:
Risk premium is the return an investor would want for holding a risky bond. It is the excess return earned over holding a risk free bond
Risk premium = return on risky asset - return on U.S. Treasury bills
The U.S. Treasury bills is considered to be risk free because the US government cannot default
On the other hands, stocks are risky because companies can default on payment of dividends due to various reasons e.g. insolvency
11.7 - 4 = 7.7%
