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3 years ago

11

Which of the following is not a reason to invest excess cash in temporary investments? earn interest revenue receive dividends r

ealize gains from the increase in market value of the securities influence the operations of another company

1 answer:

Crank3 years ago

5 0

Investors for invest in cash due to its insufficient value

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Which choice shows the stages of the business cycle in the correct order?

zvonat [6]

Answer:

Peak, contraction, trough, expansion

Explanation: I got it off quizlet

7 0

3 years ago

On June 10, Concord Corporation purchased $8,050 of merchandise on account from Sarasota Company, FOB shipping point, terms 1/10

mariarad [96]

Explanation:

The journal entries are as follows in the books of Concord Corporation

On June 10

Merchandise inventory A/c Dr $8,050

To Account payable A/c $8,050

(Being the inventory is purchased on account)

On June 11

Merchandise inventory A/c Dr $510

To Cash A/c $510

(Being freight is paid by cash)

On June 12

Accounts payable A/c Dr $450

To Merchandise Inventory A/c $450

(Being goods returned is recorded)

On June 19

Accounts payable A/c Dr $7,600 ($8,050 - $450)

To Cash A/c $7,524 ($7,600 × 1%)

To Merchandise Inventory A/c $76

(Being payment is recorded)

6 0

3 years ago

A humane society reports that 19% of all pet dogs were adopted from an animal shelter.Assuming the truth of this assertion, find

Aneli [31]

Answer:

The probability of pet dogs adopted between 15% and 20% is 0.4096.

Explanation:

Let <em>X</em> = number of pet dogs adopted from an animal shelter.

The proportion of pet dogs adopted from an animal shelter is, <em>p</em> = 0.19.

The sample of pet dogs selected is of size, <em>n</em> = 80.

A Normal approximation to Binomial can be applied in this case since,

np = 80 × 0.19 = 15.2 > 10
n(1 - p) = 80 × (1 - 0.19) = 64.8 > 10

So the sample proportion ( $\hat p$ ) of pet dogs adopted from an animal shelter follows a normal distribution.

Mean of $\hat p$ is:

$\mu_{\hat p}=p=0.19$

Standard deviation of $\hat p$ is:

$\sigma_{\hat p}=\sqrt{\frac{p(1-p)}{n} }$

Compute the probability of $\hat p$ between 15% and 20% as follows:

$P(0.15\leq \hat p\leq 0.20)=P(\frac{0.15-0.19}{0.044}\leq \frac{\hat p-\mu_{\hat p}}{\sigma_{\hat p}}\leq \frac{0.20-0.19}{0.044}} )\\=P(-0.91$

Thus, the probability of pet dogs adopted between 15% and 20% is 0.4096.

8 0

3 years ago

LO 6.5Under absorption costing, a unit of product includes which costs?

earnstyle [38]

Answer: direct material, direct labor, and fixed manufacturing overhead

Explanation: In calculating product cost in a manufacturing environment, there are two types of costing namely the variable costing method and absorption costing method.

Under absorption costing, a unit of product includes direct materials, direct labour, variable overheads and all fixed manufacturing overhead.

under this method, all variable cost as well as fixed cost are all included in the cost of a product.

Absorption costing is required by GAAP and so has to be using in preparing the financial accounts.

5 0

4 years ago

atchley corporation’s last free cash flow was $1.55 million. the free cash flow growth rate is expected to be constant at 1.5% f

ira [324]

Atchley corporation’s last free cash flow was $1.55 million. the free cash flow growth rate is expected to be constant at 1.5% for 2 years, after which free cash flows are expected to grow at a rate of 8.0% forever. the firm's weighted average cost of capital (wacc) is 12.0%. The best estimate of the intrinsic stock price is $25.05.

What is free cash flows?

The amount by which a company's operating cash flow exceeds its demands for working capital and expenditures for fixed assets is known in corporate finance as free cash flow or free cash flow to firm.

Therefore,

The best estimate of the intrinsic stock price is $25.05.

To learn more about free cash flow from the given link:

brainly.com/question/15848997

3 0

2 years ago