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3 years ago

13

Which of the following transactions does not affect cash during a period? Group of answer choices Write-off of an uncollectible

account Collection of an accounts receivable Sale of treasury stock Exercise of the call option on bonds payable

1 answer:

jeyben [28]3 years ago

3 0

Answer:

ehdhdhdhdhhdjdjdjdj

Explanation:

nxnxnxndnfjfnfjdjdjdhfhryyrhdhdhdhdjdjdjdjfhfhfjdjdj

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To achieve cardiovascular endurance, it is recommended by the acsm that jill exercise at a moderate intensity at least ________

rewona [7]

<span>In order to achieve cardiovascular endurance at levels recommend by the ACSM, Jill should exercise at a moderate rate at least five times per week. Each exercise session should last for a minimum of 30 minutes.</span>

8 0

3 years ago

At the beginning of the month, you owned $8,000 of General Dynamics, $7,000 of Starbucks, and $5,000 of Nike. The monthly return

guajiro [1.7K]

Answer:

= $406.6

Explanation:

To calculate return of portfolio we first calculate weight of each asset

this can be done by finding total investment and then dividing each asset by total investment.

Total investment = 8000 + 7000 + 5000 = $20,000

General Dynamics 8000/20000 = 0.4 = W1

Starbucks 7000/20000 = 0.35 = W2

Nike 5000/20000 = 0.25 = W3

Now for portfolio return we can use the formula

P(r) = W1 * (Return on W1 asset) + W2 * (Return on W2 asset) + W3 * (Return on W3 asset)

So,

P(r) = 0.4 * (0.0680) + 0.35 * (-0.0152) + 0.25 * (-0.0062)

This gives us

Total Return % = 0.02033 or 2.033%

Simply multiply this cumulative weight to total portfolio worth

Total Return in $ = 0.02033 * 20000 = $406.6

Hope that helps.

8 0

3 years ago

The balance sheet shows the following accounts and amounts Inventory. $84,000, Long-term Debt 125.000; Common Stock $60,000; Acc

Brums [2.3K]

Answer:

b. $325,000

Explanation:

The current assets are the assets that are likely to be converted to cash within 12 months. These include cash, inventory, receivables, prepaid expenses etc.

Given;

Inventory = $84,000,

Long-term Debt = $125.000;

Common Stock $60,000;

Accounts Payable $44,000;

Cash $132,000,

Buildings and Equipment $390,000:

Short-term Debt $48.000:

Accounts Receivable $109,000,

Retained Earnings $204,000 Notes Payable $54.000:

Accumulated Depreciation $180.000

Total current asset = $84,000 + $132,000 + $109,000

= $325,000

5 0

3 years ago

On June 1, Royal Corp. began operating a service company with an initial cash investment by shareholders of $3,900,000. The comp

ankoles [38]

Answer:

$7,500,000 $4,400,000

Explanation:

Accrual concept requires to record the income and expenses in the period in which they are incurred rather when these get paid.

Cash basis accounting records the transaction when it gets paid.

Service Income $7,500,000

Expenses $3,100,000

Cash Dividend $820,000

<u>Cash Basis</u>

Income Statement

For two month ended 31 July.

Service Income $7,500,000

Expenses <u>$0 </u> (Expenses been paid In August)

Net Income <u>($7,500,000)</u>

<u>Accrual Basis</u>

Income Statement

For two month ended 31 July.

Service Income $7,500,000

Expenses <u>$3,100,000 </u>

Net Income <u>($4,500,000)</u>

3 0

3 years ago

What is a fiscal year?

Darina [25.2K]

A fiscal year, is a 12-month financial planning period that may or may not coincide with the calendar year.

Explanation:

A fiscal year to the government is just like a financial year for a company/corporation.

A government can have a fiscal year from the middle of a year (July) to the next year (June) which in total is 12 months.

Sometimes a fiscal year coincide with the calendar year but that does not acknowledge the fact that is must be a calendar year.

This fiscal period are a planned period to take up projects or meet budgets.

3 0

3 years ago

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