Answer:
Explanation:
St deviation of stock σ = √( β² x σ₁² + σ₂² )
σ₁ = standard deviation of market = .15 and σ₂ is standard deviation of firm
Putting the values given
.30 = √ ( β² x .15² + .10² )
.09 = β² x .0225 + .01
β² x .0225 = .08
β² = 3.5555
β = 1.88
The correct answer is choice b - the percentage of receivables basis.
When an accountant is calculating the bad debts expense they will take into account the balance in the Allowance for Doubtful Account when they are calculating on the percentage of sales basis.
Answer:
<em>Provide clear statements</em>
<em>The government can pay for projects to create work</em>
Explanation:
Answer:
No
Explanation:
The trial balance shows the totals of all transactions that have been recorded. It has no way of knowing if there are additional transactions that have not been recorded.
Answer:
d. $33,641.50
Explanation:
In this question, we use the PMT formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $375,000
Future value = $0
Rate of interest = 7.5%
NPER = 25 years
The formula is shown below:
= -PMT(Rate;NPER;PV;FV;type)
So, after solving this, the answer would be $33,641.50
