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2 years ago

A periodic system of inventory:

Business

1 answer:

harina [27]2 years ago

4 0

Answer:

A. reduces record keeping.

Explanation:

A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

Hence, a periodic system of inventory reduces record keeping because there's no continuous records in real-time of the amount of inventory sold or purchased by the customers.

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Duerr Company makes a $69,000, 30-day, 10% cash loan to Ryan Company. The note and interest to be collected at maturity is: (Use

Dimas [21]

Answer:

the journal entry to record the loan:

E.g. January 1, 202x, loan made to Ryan Company

Dr Notes receivable 69,000

Cr Cash 69,000

the journal entry to record the collection of the note:

E.g. January 31, 202x, note collected from Ryan Company

Dr Cash 69,575

Cr Notes receivable 69,000

Cr interest revenue 575

interest revenue = $69,000 x 10% x 30/360 = $575

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2 years ago

Mariano helped lauren sell __________ business, which she had started only ten years ago.

Gre4nikov [31]

B)

A) C) D) don't fit the text,

Hope this somewhat helped! xD

5 0

2 years ago

Using the same amount of time and resources, Tomer can either write 100100100 lines of code or process 202020 reports, and Charl

Sindrei [870]

Answer:

Charlotte should focus more in writing lines of code as an advantage while Tomer should focus more in reports.

Explanation:

<em>The two agent should concentrate in what they tend to produce, and that they should take a good advantage of it.</em>

<em>Charlotte has a advantage that is related in writing code lines and Tomer has a have a good advantage in report writing</em>

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2 years ago

Which of the following statements is false?A) We say a portfolio is long those stocks that have negative portfolio weights. B) T

zhuklara [117]

Answer:

The false statement is letter "A": We say a portfolio is long those stocks that have negative portfolio weights.

Explanation:

The portfolio weight is the portion that a particular asset represents of the overall portfolio. There are many methods helpful to calculate the portfolio weight usually by dividing the dollar value of an asset by the total dollar value of the portfolio. Short positions are taken as negative values inside the portfolio that hold negative weights.

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2 years ago

In a portfolio of three randomly selected stocks, which of the following could NOT be true; i.e., which statement is false?

Tpy6a [65]

Answer: b. The beta of the portfolio is higher than the highest of the three betas

Explanation:

The beta of a portfolio is calculated as a weighted average of the individual betas of the individual stocks. As such, the highest individual beta will be the upper limit of the portfolios entire beta.

For instance.

3 stocks A, B and C have betas of 1, 1.3 and 2 respectively.

A has a weight of 1%, B has a weight of 1% and C has a weight of 98%.

The portfolio beta will be;

= (0.01 * 1 ) + ( 0.01 * 1.3) + ( 0.98 * 2)

= 1.98

Even if the stock with the highest beta had an advantage of weighing such a high figure, it it mathematically impossible for the portfolio beta to be higher than it.

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3 years ago