In order to get a certification from automobile service excellence to become an automotive appraiser, you need a college degree. This will make your appraisal result more trustworthy for the consumers.
The effect this might have on the market : it will prevent any undersell or oversell used or damaged automotive products to be sold in the market
Answer:
A. Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. 31
Dr Factory labour $61,300
Cr Factory wages $61,300
Explanation:
Preparation of the Journal entries for Sunland Company
A. Since we were told that the company purchases the amount of $50,400 of raw materials on account this means that the transaction will be recorded as:
Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. Based on the information given we were told that the company incurs the amount of $61,300 of factory labor costs this means that the transaction will be recorded as:
31
Dr Factory labour $61,300
Cr Factory wages $61,300
Answer:
e. Portfolio P has the same required return as the market (rM).
Explanation:
The answer is e. Portfolio P has the same required return as the market (rM).
let's find the beta of the portfolio = 0.5 * 0.7 + 0.5 * 1.3 = 1.0
From the information above , the required return on the portfolio = risk free rate + beta * (Expected market return - risk free rate) = risk free rate + 1 * (Expected market return - risk free rate) = Expected market return.
Answer:
The correct answer is real cost.
Explanation:
The real cost of attending a concert includes both explicit as well as an implicit cost. The explicit cost is the direct cost paid out of pocket. For instance, the cost of concert tickets, transport cost, cost incurred on food and beverages, etc are the direct or explicit cost.
The implicit costs are the indirect costs which are not directly incurred. The main example of implicit cost is the opportunity cost of attending the concert. Opportunity cost is the cost involved in sacrificing the alternative. For instance, if a person is taking leave from work then the wages that he/she could have earned is an opportunity cost.