Its probbably d or c but please let me know if im wrong
Answer:
1.99%
Explanation:
Calculation for your return if you sold the fund at the end of the year
Return={[$20 * (100%-6%) * (1.10 - .015)] -$20}/$20
Return={[$20 * .94 * (1.10 - .015)] -$20}/$20
Return = 1.99%
Therefore your return if you sold the fund at the end of the year would be 1.99%
Answer:
the expected return is 10.9%
Explanation:
The computation of the expected return is shown below:
= expected return × weightage
= 0.16 × 0.35 + 0.15 × 0.10 + 0.12 × 0.15 + 0.05 × 0.40
= 0.056 + 0.015 + 0.018 + 0.020
= 10.9%
Hence, the expected return is 10.9%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Journal entries to record the expenses incurred are given below.
Debit Factory Overhead Control Account $ 1300
Credit Utilities bills account $ 700
Credit Accumlated factory depreciation $ 400
Credit property tax payable $ 200
Journal entries to record the allocation of overhead at the predetermined rate of $1.50 per machine hour are given below.
Debit WiP process account $ 525
Credit Factory overhead applied account $ 525
(1.5 * 350 (machine hours))
