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uranmaximum [27]

2 years ago

10

If the government of Balancia runs a deficit of $50 million per year in Year 1 and in Year 2 due to its recession, but then has

a $100 million surplus in Year 3 due to strong economic recovery, Balancia is likely following which type of rule?

1 answer:

natima [27]2 years ago

6 0

Answer:

Cyclically balanced budget

Explanation:

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What are the portfolio weights for a portfolio that has 138 shares of Stock A that sell for $48 per share and 118 shares of Stoc

Vika [28.1K]

Explanation:

The portfolio weight of an asset is the total investment in that asset divided by the total portfolio value. First, we will find the portfolio value, which is:

Total value = 122($32) + 102($22) = $6,148

The portfolio weight for each stock is:

WeightA = 122($32) / $6,148 = .6350

WeightB = 102($22) / $6,148 = .3650

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3 years ago

Prepare adjusting journal entries, as needed, for the following items.

podryga [215]

Answer:

Explanation:

Journal Entry is the way to record transactions, i.e business transactions into the record of account which is called Journal Book. It involves the identification of those account present in the transaction,know the type of account, then with accounting rule, record the transaction.

CHECK THE ATTACHMENT FOR THE PREPARED JOURNAL

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3 years ago

When the demand curve for a good is unit elastic, raising the price of the good by 25 percent will change the revenue of the fir

san4es73 [151]

Answer: 0%

Explanation:

Elasticity measures the change in demand resulting from a change in price. The law of demand holds that when prices increase, quantity demand would decrease and elasticity is meant to show the magnitude of this change.

A unit elastic good means that prices and quantity demanded change by the same amount. This means that for a unit elastic good, if the price change is a 5% increase, the quantity demanded will decrease by 5%.

In terms of revenue, if the price increases by the same amount that quantity demanded decreases, the effects will cancel out so there will be no revenue effect.

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3 years ago

Pursuing multiple market segments at the same time is the best way to enter new markets. Group of answer choices True False

Archy [21]

It should be noted that pursuing multiple market segments at the same time is not the best way to enter new markets. Therefore, it's false.

<h3>What is a market?</h3>

A market simply means the coming together of a buyer and seller for transactions purpose.

In this case, pursuing multiple market segments at the same time is not the best way to enter new markets. One needs to have complete knowledge before entering a market.

Learn more about market on:

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2 years ago

The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance a

Rasek [7]

Answer:

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date) $35,480

Add Unpresented Cheques :

No. 3031 $1,570

No. 3065 $561

No. 3069 $2,338

Less Lodgements not yet credited ($10,132)

Balance as per Bank Statement $29,817

Explanation:

Step 1 Bring the Cash Book (Bank Balance ) up to date

Debit :

Balance as at July 31 $25,699

Note Payable $9,000

Evan Shaw $805

Totals $35,504

Credit:

Check No. 3056 Understated $10

Bank service charge $14

Balance (Up to date) $35,480

Totals $35,504

Step 2 Prepare a bank reconciliation for this company

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date) $35,480

Add Unpresented Cheques :

No. 3031 $1,570

No. 3065 $561

No. 3069 $2,338

Less Lodgements not yet credited ($10,132)

Balance as per Bank Statement $29,817

4 0

3 years ago