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3 years ago

Starting an investment portfolio at a young age means:

Business

1 answer:

Zinaida [17]3 years ago

6 0

Answer:

c. There is greater potential for high yield over a longer period

Explanation:

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At the beginning of a recent year, JetBlue's assets were $7,071 million and its equity was $1,757 million. During the year, asse

STALIN [3.7K]

Answer:

JetBlue's equity at the end of the year was $1,888 million

Explanation:

Basing on accounting equation:

Total asset = Liabilities + Equity

At the beginning of a recent year, JetBlue's liabilities = Total asset - Equity = $7,071 - $1,757 = $5,314 million.

During the year, assets decreased by $1 million and liabilities decreased by $132 million.

At the end of the year:

JetBlue's assets = $7,071 - $1 = $7,070 million

JetBlue's liabilities = $5,314 - $132 = $5,182 million

JetBlue's equity = JetBlue's assets - JetBlue's liabilities = $7,070 - $5,182 = $1,888 million

7 0

3 years ago

Suppose that the United States has an absolute advantage over Mexico in producing both agricultural and manufactured goods. In t

irina [24]

Given the above scenario, the total production in the U.S. and Mexico will be maximized if Mexico focuses on Agricultural produce and the US on Manufactured produce.

<h3>What is product maximization?</h3>

Product maximization refers to the process via which two trading nationalities or entities focus on the goods where they have the least opportunity cost.

Thus, n this case, the total production in the U.S. and Mexico will be maximized if Mexico focuses on Agricultural produce and the US on Manufactured produce.

Learn more about Product Maximization at;
brainly.com/question/4171648
#SPJ12

7 0

2 years ago

Jurgenson Company issued bonds with a $100,000 face value on January 1, 2019. The five-year term bonds were issued at 98 and had

vekshin1

Answer:

Option A. $7000

Explanation:

The reason is that in the statement of cash flow, the interest expense for the year paid is an cash ouflow and must be deducted from the operating activities as it the companies borrow to finance its operations to perform better. Hence it is related to operating activities, so it must be deducted from the operating activities.

The interest paid at the end of the year is $7000 ($100,000 * 7%).

4 0

3 years ago

Supply curves are created when the data from a

LiRa [457]

Supply curves are created when the data from a supply schedule is graphed. The correct answer is C.

6 0

3 years ago

The Thomlin Company forecasts that total overhead for the current year will be $11,100,000 with 160,000 total machine hours. Yea

katrin2010 [14]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 11,100,000/160,000

Predetermined manufacturing overhead rate= $69.375 per machine hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 69.375*81,000

Allocated MOH= $5,619,375

<u>Finally, we can determine the under/over allocation:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 7,950,000 - 5,619,375

Under/over applied overhead= $2,330,625 underallocated

5 0

3 years ago