Answer and Explanation:
The journal entries required to adjust the balance of cash as follows:
1. Cash Dr $1,128
To Notes receivable $1,100
To Interest revenue $28
(Being the cash is recorded)
Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue
2. Service expense Dr $78
Account receivable Dr $280
To cash $358
(being the cash paid is recorded)
here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets
Answer:
Weight w1 = 0.65
Weight w2 = 0.35
Expected return =10.75%
Explanation:
w1 + w2 = 1 ........... (1)
w1 = SD of asset 2/(SD of asset 1 + SD of asset 2)
w1 = 11 ÷ (6 + 11) ⇒ 0.65
∴ w2 = 1 - w1 ⇒ 1 - 0.65
w2 = 0.35
Expected return = Weighted average
[0.65 × 9] + [0.35 × 14] ⇒ 10.75%
Answer:
B False
Explanation:
Modified Internal Rate of Return(MIRR) is computed using the following steps:
- Compute the discounted cash flows.
- Sum all discounted cash flows to generate net present value (NPV).
- Compute IRR from NPV.
Answer:
Negatively, positively
Explanation:
A stock put option is a stock/market instrument that allows a stock to be sold, at a certain price and at any time to another buyer.
A strike price is the price that a stock seller decides to sell his stocks after receiving offers.
For the above question, the Stock put option is negative related to the stock price and positively related to the strike price.
This can be translated to simply mean that the price of a stock is not subject to or affected by the stock price but rather by the price that the seller chooses to sell.
Cheers.
Answer: Enterprise fund
Explanation: In simple words, enterprise funds refers to the government fund which is self supportive in nature. Under such funds, government entities such as municipal parties sells goods and services to the public for a specific fee.
The basic objective of implementing enterprise fund is to make revenues out of the facilities that an entity provide so that funding of the operations of such entity can be done properly.
The funds are collected and used by the specific entity but the fee is determined by the government itself.
