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Alexus [3.1K]
3 years ago
15

Question 1

Business
1 answer:
hjlf3 years ago
4 0
A ballpoint pen or city park:)
You might be interested in
A stock paying $5 in annual dividends currently sells for $80 and has an expected return of 14%. What might investors expect to
Drupady [299]

Answer:

$86.20

Explanation:

Total return from stock = Current price * expected return

Total return from stock = 80*14%

Total return from stock = $11.20

Dividend already realized = $5

Capital gain = $11.20 - $5

Capital gain = $6.20

End of one year price = Beginning price + capital gain

End of one year price = $80 + $6.20

End of one year price = $86.20

Therefore, at the end of one year price is $86.20

5 0
3 years ago
Journal Entries (Note Received, Discounted, Dishonored, and Collected)
Sholpan [36]

Answer:

Journal Entries:

Apr. 6 Debit 6% Notes receivable $2,700

Credit Accounts receivable $2,700

To record the receipt of a 120-day, 6% note for accounts receivable balance.

Apr. 26 Debit Cash $2,511

Debit Finance expense $189

Credit 6% Notes receivable $2,700

To record the discounted note at a rate of 7%.

May 3 Debit 7% Notes receivable $1,000

Credit Accounts receivable $1,000

To record the receipt of a 30-day, 7% note in payment for accounts receivable

June 2 Debit Accounts receivable $1,005.83

Credit 7% Notes receivable $1,000

Credit Interest revenue $5.83

To record the 30-day, 7% note is dishonored.

June 5 Debit Cash $1,005.83

Credit Accounts receivable $1,005.83

To record the receipt of cash and interest of 7% on the maturity value.

Explanation:

a) Data and Analysis:

Apr. 6 6% Notes receivable $2,700 Accounts receivable $2,700

Received a 120-day, 6% note

Apr. 26 Cash $2,511 Finance expense $189 6% Notes receivable $2,700 Discounted the note at a rate of 7%.

May 3 7% Notes receivable $1,000 Accounts receivable $1,000

Received a 30-day, 7% note in payment for accounts receivable

June 2 Accounts receivable $1,005.83 7% Notes receivable $1,000 Interest revenue $5.83 ($1,000 * 30/360) 30-day, 7% note is dishonored.

June 5 Cash $1,005.83 Accounts receivable $1,005.83

7% on the maturity value.

5 0
2 years ago
Osborn Manufacturing uses a predetermined overhead rate of $18.20 per direct labor-hour. This predetermined rate was based on a
ad-work [718]

Manufacturing overhead incurred (a)$215,000 Actual direct labor-hours 11,500× Predetermined overhead rate$18.20= Manufacturing overhead applied (b)$209,300 Manufacturing overhead underapplied (a) − (b)$5,700

What is Manufacturing?

The process of producing items using labor, equipment, instruments, biological or chemical processing, or formulation, is known as manufacturing. Manufacturing can be defined as either the mass production of finished things from raw materials or the development of increasingly complicated products through the sale of fundamental inputs to producers of commodities like cars, airplanes, and home appliances.

Manufacturing engineering, often known as the manufacturing process, converts raw materials into completed goods. Designing the product and choosing the materials come first in this procedure. Various manufacturing procedures alter the raw components to produce the completed product.

Some manufacturers use the term fabrication to describe how various components for a finished object are often created through a number of intermediary procedures used in modern sophisticated manufacturing.

Learn more about Manufacturing with the help of given link:-

brainly.com/question/13440987

#SPJ4

8 0
10 months ago
Hedge funds report average returns in December that are higher than their average returns in other months. This phenomenon _____
RSB [31]

Answer:

I, II, III, and IV

Explanation:

A hedge fund is made up of relatively liquid assets that are used to improve performance though short selling, leverage and derivatives.

There is use of complex trading techniques, risk management, and portfolio construction.

Usually a spike in returns occurs during December, this is called the Santa effect.

Managers receive an incentive fee when there is a good past performance of hedge funds.

So during December they tend to inflate the value of hedge funds.

This results in stronger valuation for low liquidity funds

8 0
2 years ago
Consider the​ downward-sloping aggregate demand​ (AD) curve to the right. Which of the following results in a movement from poin
Novay_Z [31]

Answer:

B. Wealth Effect

Explanation:

First, let's remind that downward-sloping aggregate demand means that as the price level falls, the demanded output quantity rises. There are mainly three reasons that explain this: the interest rate effect, the exchange rate and our answer to this question, Wealth Effect.

Wealth Effect means that if prices are lower, that makes people wealthier, as with the same money they can buy more goods or services than they could buy before, therefore demanding more output. So you see, the Wealth Effects is one of the explanations of this inverse relationship between the price level and the aggregate demand.

3 0
3 years ago
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