Answer:
the adjusted cash balance as on April 30,2018 is $77,800
Explanation:
The computation of the adjusted cash balance as on April 30,2018 is as follows;
= Balance as per bank statement + deposit in transit - outstanding checks
= $78,800 + $9,300 - $10,300
= $77,800
Hence, the adjusted cash balance as on April 30,2018 is $77,800
We simply applied the above formula so that the accurate value could arrive
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Answer:
The expected return of your portfolio is 6.02%
Explanation:
Stock Value Expected Rate of return Weightage
A $200 8% $200/$300 = 0.67
B $100 2% $100/$300 = 0.33
Expected Rate of return = ( Expected rate of return Stock A x Weightage of Stock A ) + ( Expected rate of return Stock B x Weightage of Stock B )
Expected Rate of return = ( 8% x 0.667 ) + ( 2% x 0.33 )
Expected Rate of return = 0.0536 + 0.0066 = 0.0602 = 6.02%
Answer: Weak form EMH
Explanation:
Weak form efficiency is also called the random walk theory states that past volume, price movements and earnings do not affect the price of a stock and can not be used to forecast its future direction. Weak form efficiency states that prices of future securities are random and not determined by past events and that there is no relationship between past information and current market prices.
The principle of weak form efficiency has been contradicted because other investors are making use of Joe's past information to create a trading pattern.
Answer:
May incorporate in any state it chooses.
Explanation:
Incorporation can be defined as the creation of a new business which will have equal rights as that of an individual.
The different steps for incorporation include:
- Proper documentation of the reports of incorporation.
- Choosing a suitable name for the business.
- Documenting the various operational agreements.
- Appointing managers to supervise the daily activities.
- Getting a federal employment identification number.
- Opening accounts for keeping the revenues that will be generated by the company.
- Employing diffetents workers to carry out various activities in the company.
