Answer:
a. $15,710
b. Journal entry
Explanation:
a. The adjusted balance on the bank reconciliation is shown below:
= Balance per bank + deposit in transit - outstanding checks
= $18,800 + $3,750 - $6,840
= $15,710
b. The journal entry is as follows
Bank service charges $20
To Cash $20
(Being the cash is paid is recorded)
We simply do the above calculations and the journal entry to record this transaction
Answer:
A) the implied 1 year forward rates respectively 9,8 , 11,81 and 13,83 according to the formular
Explanation:
b) pure expactations true then
1.108²/1.098 - 1 =11.81% for a two year bond
1.118²/1.108 - 1 = 12.81% for a three year bond
The answere: The will be a shift upwards in next years curve.
c) Assume a par of 1000
in the next year a two year zero coupon bond will be a year zero and sell at 1000/1.1181 = 894.37 to get the return we take divide selling prices at year zero the trading price according to ytm is 1000/1.108² =814.55
therefore expected return 894.37/814.55= 9.79%
c2 the zero coupon bond at three year zero is trading at 1000/1.1282 = 886.446 and according to the ytm the coupon is trading at 1000/13.83^3= 715.607
therefore the expected return is
785.711/715.607=9.79%
Answer:
The answer is 12,800
Explanation:
This is the answer because if you divide 38,400 by 3 you will get 12,800
38,400÷3=
12,800
Answer:
very many, few
Explanation:
The monopolistic competition consists of many sellers offering differentiated products. There are minimal barriers to entry or exit of the industry. Advertising and marketing of products are high due to increased competition. No single firm has the power to set prices.
An oligopoly consists of few but large firms dominating a big market. There could be other smaller firms with a small percentage of the market share. Firms in an oligopoly market mat collaborate to look out new entrants. This market is characterized by heavy advertising, with firms offering either homogeneous or differentiated products. The objective of each firm is to maximize profits, which makes all the firm to set high prices.
