Answer: ELYSE. TSA. AFP. <—- the one that has that in the first Column
Explanation:
TSA is very similar to AFP
Answer:
d. Work-in-Process Inventory: Department no. 2.
Explanation:
The profuct is Transferred from Department 1 to Department 2. The cost in in the work in process of Department 1 which will be trasnferred to next department.
Following Journal entries will be recorded for this event.
Dr. Cr.
Work-in-Process Inventory: Department no. 2. xxx
Work-in-Process Inventory: Department no. 1 xxx
If the money supply increases, then at the old value of money there is an excess supply of money that will result in an increase in spending. The entire amount of money in circulation in an economy at any given time is referred to as the money market.
<h3>What is money market?</h3>
The money market is defined as dealing in debt with a maturity of less than one year. Investors use it to make a modest profit.
While governments and corporations use it to keep their cash flow constant. Long-term debt and equity instruments are sold and bought on the capital market.
Thus, excess supply of money that will result in an increase in spending.
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Answer:
The calculations are shown below:
Explanation:
The calculations are shown below:
a. The expected rate of return is
Return = Risk free return + Beta × (Market return - risk free return)
= 5% + 1.9 × (11.20% - 5%)
= 5% + 11.78%
= 16.78%
b. Now the alpha is
Alpha = Actual rate of return - Expected rate of return
= 9.2% - 16.78%
= - 7.58%
c. No , the CAPM is not valid as the expected rate of return is more than the actual rate of return
Answer:
The two types of financial institutions—depository and non-depository
The main difference:
Depository institutions earn money from what customers put into the institution.
Non-depository institutions earn a profit from the interest paid on loans made to customers.
Explanation:
The best way to differentiate a depository institution from a non-depository institution is to compare the two terms. Whereas a depository institution is a savings bank, legally allowed to accept monetary deposits from consumers (for example, commercial banks, savings and loan associations, or credit unions), non-depository institutions do not accept monetary deposits from customers (for example insurance companies, pension funds, securities firms, government-sponsored enterprises, and finance companies), but they all render financial services.
