Answer:
Attached below
Explanation:
Receivables balance = $196 million
Minimum cash balance = $20 million
Given data :
Q1 Q2 Q3 Q4
Sales $441 $513 $594 $558
Total cash disbursement 368 465 720 456
attached below is the cash budget for the company as required
Answer:
Read the explanation below
Explanation:
Dollar-cost averaging is based on the belief that prices of stock fluctuate around a normal level. Without this notion, it will not be possible to determine what can be seen as high or low now compared to the future.
The benefits of Dollar Cost Averaging attracts investors to employ. These benefits include:
1. It contributes on a regular basis to portfolios of investment.
2. The problem of market timing is eliminated especially for investors do not have time to track the market regularly or who lack the understanding of the market.
3. The cost basis to consumers on stocks whose values decline are is reduced.
4. It is easy to set up and not expensive especially for investors with no huge amount of money to invest. Like the example in the question, it easier for a salary earner to invest $500 monthly than investing $5,000 in a day.
Despite these advantages, dollar-cost averaging has its own disadvantages, and these include:
1. It has been found out in different studies that investor that can time the market correctly and invest a lump sum amount receive a higher return in the long run than what dollar-cost averaging can fetch.
2. The transaction costs paid by the investors significantly increased because of more number of different transactions when brokerage fee is high.
I wish you the best.
Answer:
The partnership and all three partners will be liable on the contract for the antiques.
Explanation:
According to the scenario been described in the question, the option that best explain the it is the partnership and all three partners will be liable on the contract for the antiques, this is so because the three are members of the same board and they share whatever comes to their way.
The adjusting entry for the sale of debt securities by Jerome Incorporated on December 30, is as follows:
<h3>Adjusting Journal:</h3>
December 31:
Debit Cash $7,000
Credit Investment $6,500
Credit Gain on Sale of Investment $500
- To record the sale of debt investment (part) and the gain therefrom.
<h3>What is an adjusting entry?</h3>
An adjusting entry is the journal entry made at the end of the financial year to ensure compliance with the accrual concept and the matching principle of generally accepted accounting principles.
An adjusting entry does not include the initial investment transaction made by Jerome Incorporated.
<h3>Transaction Analysis:</h3>
Dec. 30:
Cash $7,000 Investment $6,500 Gain on Sale of Investment $500
Learn more about adjusting entries at brainly.com/question/13933471
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Answer:
The answer is: Business Development Company (BDC)
Explanation:
Clients have two options for participating in the private equity market:
The problem with a VC, is that its aimed at very wealthy customers (usually millionaires) and this specific client is not one of those.
So the only possible choice is to invest in a BDC, which are listed investment companies and trade like any other stock.