Answer:
True
Explanation:
Im sorry please forgive me I messed up big time
People are known to engage in business every day. The answers to the question is below;
<h3>The
similarities between the business ventures of the Wander Girls and Roxanne Quimby</h3>
- Their businesses are both founded by women.
- They both encourages women in business ventures and other areas.
- They both encourages women to take care of themselves and not neglect themselves.
- They are advocate for self love for women.
<h3>The differences between the business ventures of the Wander Girls and Roxanne Quimby.</h3>
- Wander Girls are into travels specifically for women while Roxanne Quimby is into personal-care brand.
- Wander Girls is into service delivery while the other is into product delivery.
Roxanne Quimby is famous as she sell Burts Bees, a natural personal care brand. Elisha Brock, is known to be the founder of Wander Girls. It is an online community that aids and encouraging women to take themselves out by travel with the right resources and person.
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Answer:
A) Cash (debit) 180,000; Common stock (credit) 150,000; Additional paid-up capital-common stock (credit) 30,000 - Debit - Credit = 0
B) Cash (debit) 255,000; Preferred stock (credit) 250,000; Additional paid-up capital-preferred stock (credit) 5,000 - Debit - Credit = 0
C) Cash (debit) 900,000; Common stock (credit) 600,000; Additional paid-up capital-common stock (credit) 300,000 - Debit - Credit = 0
Explanation:
In Eastport Inc.´s case all 3 situations are similar, shares (Stockholders´Equity) increased, so credits in 4 accounts, according to the type of shares that are issued, must be registered: Common stock, Preferred stock, Additional paid-up capital-common stock, Additional paid-up capital- preferred stock. We will recognize the par value and stated value of the shares and the difference between this and the price paid by shareholders will be recognized as additional paid-up capital. Also, cash (Asset) is received as payment for the shares so a debit must be registered in the account Cash.
Answer: C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50.
Explanation:
Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, then Firm A will reduce the price to $7 causing Firm B to reduce its price to $4.50.
Since Firm A reduces the price to $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.
Answer:
The portfolio's expected return is 15%
Explanation:
The expected return of a portfolio is the sum of the weight of each asset times the expected return of each asset.
So, the expected return of the portfolio is:
E(RP) = 0.20(.09) + 0.60(.15) + 0.20(.21)
= 0.018 + 0.09 + 0.042
E(RP) = 0.15 or 15%
If we own this portfolio, we would expect to earn a return of 15 percent.