<span>Using the numbers as written in the corresponding question, you would subtract 20,000 from 100,000 to get your amount of net profit. The 100k and the 20k are original sales figures, with the 100 being total sales and the 20 being sales returns. After subtracting the total returns you are left with net profit of 80k. You would then multiply the 80k by 1% to get your amount for bad debts. The total would be $800 of bad debt expenses (debts)..</span>
Answer:
The correct option is (B)
Explanation:
The main objective of creating a portfolio is to minimise the overall risk of investments. Two investments with the same correlation signs are riskier because, if one investment gives a negative return, the other investment will do the same. The combined loss is more than the loss one investment will sustain. The portfolio is always constructed by adding investments with opposite correlation signs.
Answer:
Business functions provide the vocabulary and framework needed to provide an enterprise-wide view of the business activities. They help to identify the main activities of the organization
The answer is $32,716.13 i just took the test and got it right
Answer:
1. No effect
2. Outflow of cash
3. No effect
So, by $6,000, the net worth would decrease.
Explanation:
1. In the first situation, she purchases $5,000 worth of a mutual fund with cash which means it affects both the asset and the liability. So, the net impact would be zero.
2. In the second situation, she spends $6,000 on a two-week vacation which means it withdrew money that represents an outflow of cash.
3. In the third situation, again it affects both the asset and the liability. So, the net impact would be zero.
So, the net worth would decrease by $6,000
