Answer:
d. All of these answer choices are correct.
Explanation:
Considering all the options;
a. an amount could be entered in the wrong account. - This is true as a transaction that should have been recorded into the asset account could be erroneously recorded as an expense or vice versa. The same applies to expenses and liabilities
b. a transaction could have been entered twice. - This is true. If a transaction is entered twice correctly, the debits would equal the credits
c. a transaction could have been omitted. - this is true. The omission will not result in unequal debits and credits.
Hence the answer is d. All of these answer choices are correct.
Answer:
Strike price of October gold future = $1,200 per ounce
The exercise price = $1,180
<em />
<em>To calculate the amount that will help the investor to decide about the position</em>
Amount added to margin = (Strike price - Future price) * Delivery if each contract
Amount added to margin = ($1,200 - $1,180) * 100
Amount added to margin = $20 * 100
Amount added to margin = $2,000
Therefore, the amount of $2,000 is received. The investor has short position on future contracts to sell 100 ounces of gold in October.
Answer:
$ 1733
Explanation:
Cost Marginal Investment in Accounts Receivable = Marginal Investment in Accounts Receivable * firm's required return on investment
Marginal Investment in Accounts Receivable = Average Investments Under proposed Plan - Average Investments Under present Plans
Average Investments in Accounts Receivable = Total variable cost of annual sales / Turn over of account receivables
Turn Over of account receivables = 360/ average collection period.
Using above formula for calculation , Answer = $ 8665 * 20% = $ 1733
The simple exponential smoothing is a method suitable
for predicting data with no style or seasonal pattern. While
in Moving Averages the past observations are weighted similarly, Exponential
Smoothing allocates exponentially lessening weights as the
observation get older.
<span>Forecast for upcoming week = 25.10 + 0.3 (31 – 25.10) =
26.87</span>
