All categories

3 years ago

PLEASE HELP NOW

Business

1 answer:

grin007 [14]3 years ago

6 0

Answer:

Hedge funds

Explanation:

A mortgage is a long-term loan facility used to finance the purchase of homes and other properties. It is a long-term loan due to the high amount that needs to be borrowed. Customers in need of a mortgage facility may go to a bank, mortgage bankers, or savings and loan institution.

A hedge fund is a portfolio investment instrument. It is an association between a professional fund manager and investors. They pool their resources together in diversified investments. The investors are passive while the fund manager aggressively invests the funds r to generate higher returns to the investors.

You might be interested in

Fey Corporation uses the equity method of accounting for its investment in a 30%-owned investee that earned $56,000 and paid $18

tatiyna

Answer:

The answer is : C. Investment overstated; retained earnings overstated

Explanation:

Under the equity method of accounting, Fey Corporation should record the correct entry as below:

Dr Equity Investment 16,800

Cr Equity Income 16,800

Dr Cash 5,400

Cr Equity Investment 5,400

As a result, Investment account has been overstated by $5,400 while Dividend Revenue account has been overstated by $5,400. The overstating in Dividend Revenue will subsequently result to the overstating in Retained Earnings account through closing entry.

So, C. Investment overstated; retained earnings overstated is the correct answer.

6 0

3 years ago

Proofreading is an important phase of the writing process. Careful proofreaders check for errors in spelling, grammar, punctuati

mihalych1998 [28]

Answer:

Reading the following sentence, and to identify any mistakes “<em>Proofreading is an important phase of the writing process. Careful proofreaders check for errors in spelling, grammar, punctuation, names, numbers, and formatting. When checking spelling, do not rely too heavily on your computer’s spell checker”</em>

This sentence is correct without any revisions.

The above section doesn't contain any spelling and comma mistakes. The spelling of the considerable number of words are right and utilization of comma accentuation is proper.

3 0

2 years ago

Changing the basic motivational function is a-

tresset_1 [31]

I believe that the correct answer is A.) Strategy of attitude change.

My reason being was because It says motivational function , motivation is a mental thing and so is your attitude.

I really hope that this helps you out a lot.

6 0

2 years ago

Read 2 more answers

On January 1, Puckett Company paid $1.71 million for 57,000 shares of Harrison’s voting common stock, which represents a 40 perc

vaieri [72.5K]

Answer:

Total 1,775,000

Explanation:

1.71m for 57,000 shares -->40% investment

$3 dividends per share

net income of 590,000

1.,710,000

+ 40% of net income 590,000 = 236,000

- 57,000 x $3 dividends per share = -171,000

The dividends under the equity method mean it is moving cash from one box (Harrison) to the main company (Puckett) so they decrease the Harrison valuation and increase cash, giving no effect on the assets of Puckett.

Total 1,775,000

5 0

3 years ago

Greenbaum Inc. sells a new product with a 2-year warranty. The company estimates that during the two years, the costs and relate

iVinArrow [24]

Answer:

$49,252

Explanation:

Calculation to the estimated warranty liability using the expected cash flow method.

Estimated warranty liability =[($20,000 x .4)+($30,000 x .6) x 0.95238]+ [($30,000 x .7)+($20,000x .3) x 0.90703]

Estimated warranty liability =[($8,000+$18,000)×0.95238]+[($21,000+$6,000)×0.90703

Estimated warranty liability =($26,000×0.95238)+($27,000×0.90703)

Estimated warranty liability =$24,762+$24,490

Estimated warranty liability =$49,252

Therefore the estimated warranty liability using the expected cash flow method is $49,252

8 0

2 years ago