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2 years ago

Someone who diversifies investments is more likely to

Business

2 answers:

AnnZ [28]2 years ago

8 0

Answer:

offset their losses with gains.

Explanation:

spayn [35]2 years ago

7 0

Answer:

offset their losses with gains.

Explanation:

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Which of the following is TRUE of brokers? a. Brokers bring buyers and sellers together and assist in negotiation. b. Brokers re

yuradex [85]

Answer:

a. Brokers bring buyers and sellers together and assist in negotiation.

Explanation:

Brokers are a kind of agents as, they help the buyers find the sellers, and the sellers to find the buyers.

They help in price negotiations and settling the deals. They are hired for individual deals, and not for a specified period.

They do not get any payments in the form of salary, but they get payment in the form of commission, based on the price of settlement of the deal.

3 0

3 years ago

Explain in detail how Boulders Mall's management may have used media relations as a public relations tool to try to resolve cont

Arada [10]

Explanation:

The management of Boulders Mall made use of the media to offer an apology for what happened in the shopping center, making it clear that there was not actually an act of discrimination due to the way the man dressed in traditional Ndebele clothes dressed and clarifying that in no case At the time, man was discriminated against because of his culture or his traditions.

This was a public way of "calming" the controversies and upsets that could have been generated in many people, because we must remember that this type of action can generate rejection by the community towards the shopping center and generate great economic losses.

4 0

2 years ago

Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $115,000. On December 12, 2020, Kevin purchas

salantis [7]

Answer:a)$195,500 b) $10,735 c)$6,900

Explanation

a)adjusted basis of Kevin’s Bluebird stock on December 31, 2020?

1,000 shares was bought for $115,000

Therefore it was bought at $115 per share

Also

750 shares was bought at $80,500 and therefore bought at 107.33 per share

So in total of 1750 shares, He spent $195,500 ($115,000+ $80,500)

b.On December 12, 2020,he bought shares at 107.33 per share

500 shares would be 500 x $107.33=$53, 665

Therefore, Kevin’s recognized gain or loss from the’ sale of Bluebird stock on March 1, 2021 would be

$64,400- $53, 665 = $10,735

c.Assuming he cannot identify the shares sold, then we can say they are sold on a FIFO ( first in first out) basis. So we would consider the shares bought on October 3, 2020

so we have that

500 x $115=$57,500

$64,400 - $57,500 = $6,900

7 0

2 years ago

Falcon Co. produces a single product. Its normal selling price is $29 per unit. The variable costs are $15 per unit. Fixed costs

Elan Coil [88]

Answer:

$11,760

Explanation:

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income/profit.

Without the new offer

Profit = 5000($29 - $15) - $20,900

= $70,000 - $20,900

= $49,100

For the new order a variable selling cost of $2 per unit would be eliminated, the contribution of the order will be

= 1680($20 - $15 + $2)

= 1680 * $7

= $11,760

This is the differential effect on profit.

5 0

3 years ago

Psymon Company, Inc. sells construction equipment. The annual fiscal period ends on December 31. The following adjusted trial ba

Anestetic [448]

Answer:

1. Multi-step income statement Internal Reporting Purposes

Sales Revenue 258,500

Less Sales Returns and Allowances (8,700)

Less Sales Discounts (11,400)

Net Sales 238,400

Less Cost of Goods Sold (138,800)

Gross Profit 99,600

Less Operating Expenses :

Salaries and Wages Expense 23,800

Office Expense 24,800 (48,600)

Operating Income/(loss) 51,000

Less Non- Operating Expenses :

Interest Expenses 3,700

Income Tax Expense 14,190 (17,890)

Net Income/Loss 33,100

2. Multi-step income statement External Reporting Purposes

Net Sales 238,400

Less Cost of Goods Sold (138,800)

Gross Profit 99,600

Less Operating Expenses :

Salaries and Wages Expense 23,800

Office Expense 24,800 (48,600)

Operating Income/(loss) 51,000

Less Non- Operating Expenses :

Interest Expenses 3,700

Income Tax Expense 14,190 (17,890)

Net Income/Loss 33,100

Explanation:

It is important to remember that a multi-step income statement shows separately profit earned from Primary Activities of the firm and that earned from Secondary Activities.

There are no strict rules for preparation of Financial Statements for Internal use and this may include many other line items. However for external reporting proposes, preparers of financial statements have to comply with Accounting Standards (GAAP or IFRS).

8 0

3 years ago