Disadvantages of unit trust investment

What is morale? apparently the question was too short so this is filler

Lostsunrise [7]

A person's psychological condition as reflected in self-assurance, motivation and/or commitment to a cause or organisation. Morale flows from the confidence of the people regarding the righteousness or worth of their acts and the expectation of potential high rewards (material or otherwise).

3 0

2 years ago

Elize’s regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in excess of 40 hours. During a January

saveliy_v [14]

Answer:

(a) Debit Wages expense for $950; Credit Federal income tax withholding for $94; and Credit Wages payable for $856

(b) Debit wages payable for $856; and Credit Cash for $856.

Explanation:

The entries will look as follows:

a) Prepare the journal entries to record Elize’s pay for the period

Date Account title Dr ($) Cr ($)

Jan 15 Wages expense (w.3) 950

Federal income tax withholding 94

Wages payable (w.4) 856

(To Elize’s pay for the period.)

(b) Prepare the journal entry to record the payment of Elize’s wages.

Date Account title Dr ($) Cr ($)

Jan 15 Wages payable (w.4) 856

Cash 856

(To record the payment of Elize’s wages.)

Workings:

Normal hours = 40

Number of hours worked = 45

Overtime hours = Number or hours worked - Normal hours = 45 - 40 = 5

Normal hourly wage rate = $20

Overtime hourly rate = $30

Federal income tax withholding = $94

w.1: Normal wage amount = Normal hours * Normal wage rate = 40 * $20 = $800

w.2: Overtime pay = Overtime hours * Overtime hourly rate = 5 * $30 = $150

w.3: Wages expense = Normal wage amount + Overtime pay = $800 + $150 = $950

w.4: Wages payable = Total wage amount - Federal income tax withholding = $950 - $94 = $856

3 0

2 years ago

Alex, Kara, and Susie are the only three people in a community. Alex is willing to pay $20 for the fifth unit of a public good,

densk [106]

Answer:

a) $25 is the correct answer.

Explanation:

Those are the only three people in the community. Susie is willing to pay $25 and everyone else is willing to pay less than that.

7 0

2 years ago

Select the strategies that help to lower the number of search results returned by a search engine or database. (there is more th

olga2289 [7]

Answer:

1, 3, and 5

Explanation:

because im smart

5 0

2 years ago

A manager is holding a $1.2 million stock portfolio with a beta of 1.01. She would like to hedge the risk of the portfolio using

garri49 [273]

Answer: $1,212,000 or $1.212 million

Explanation:

To calculate the dollars’ worth of the index the manager should sell in the futures market to minimize the volatility of her position, we can use the following formula,

Dollar worth of index to sell = Value of the Portfolio * Portfolio Beta

Dollar worth of index to sell = 1,200,000 * 1.01

Dollar worth of index to sell = $1,212,000

The manager should sell $1,212,000 worth of the index in the futures market to minimize the volatility of her position.

5 0

3 years ago

Disadvantages of unit trust investment​

Disadvantages of unit trust investment