Answer:
Expenditures $300,000; Supplies inventory $150,000.
Explanation:
The consumption method recognizes an asset when an item is purchased and an expense when an item is used or consumed. Therefore, when supplies are first bought, Supplies Inventory has a balance of $450,000.
After using those supplies during the year, $300,000 should be debited from Supplies Inventory and credited to Expenditures.
Therefore, at fiscal year-end, the appropriate account balances on the General Fund financial statements would be: Expenditures $300,000; Supplies inventory $150,000.
Answer:
Risk: The bonds you own will decline if interest rates rise, interest rate risk.
Minimalize:
- Don't buy bonds when interest rates are low or rising. Buy when stable.
- Stick to short term issues (3 - 5 years)
- Buy bond with different maturity dates
Explanation:
Good luck <3
Answer:
the firm's contribution margin per composite unit is $8,775
Explanation:
The computation of the firm's contribution margin per composite unit is given below:
= $165 × 5 + $510 × 9 + $560 × 6
= $825 + $4,590 + $3,360
= $8,775
Hence, the firm's contribution margin per composite unit is $8,775
Therefore the same is to be considered and relevant
Answer:
3.33%; 9%
Explanation:
Given that,
Expected dividend next year = $1.50
Trading at = $45
Expected growth rate per year = 9 percent
Dividend yield = (Expected dividend next year ÷ Trading amount) × 100
= ($1.50 ÷ $45) × 100
= 0.0333 × 100
= 3.33%
The capital gain of JUJU is same as the expected growth rate i.e 9 percent.
