Answer: unit of account
Explanation:
The unit of account is function of money which refers to the standard monetary unit of measurement of a good or service.
Since oil is priced consistently in United States dollars around the world, this means that dollars is the standard monetary unit of measurement and is therefore, the unit of account.
Answer:
a. $288,000
b. $190,000
Explanation:
The Accounting equation: Assets = Liabilities + Equity
a. Assets = Liabilities + Equity
382,000 = 94,000 + Equity
Equity = 382,000 - 94,000
= $288,000
b. Equity as of December 20Y9.
Account for the changes in assets and equity:
Assets = Liabilities + Equity
(382,000 - 63,000) = (94,000 + 35,000) + Equity
319,000 = 129,000 + Equity
Equity = 319,000 - 129,000
= $190,000
Answer:
$18,000
Explanation:
The computation of the amount of manufacturing overhead is shown below:
But before that first determine the overhead rate which is
= $30,000 ÷ 2,000
= $15
Now the amount of manufacturing overhead applied for Job A-101 is
= $1,200 × $15
= $18,000
Hence, the amount of applied manufacturing overhead is $18,000
Answer:
The new beta of the portfolio 1.17
Explanation:
Portfolio beta is sum of weighted beta of all stocks consisting of it.
Portfolio beta = 1.12
Weight of each portfolio = 5,000
All weight or Amount = 5,000 * 20 = 100,000
Weight of one stock = 5,000 / 100,000 = 0.05
Foregone beta or beta of sold stock = 1
Acquired beta or beta of purchased stock = 2
Weight of both are same = 0.05
New beta = Portfolio beta - (foregone beta * weight) + (Acquired beta * weight)
New beta = 1.12 - (1 * 0.05) + (2 * 0.05)
New beta = 1.12 - 0.05 + 0.1
New beta = 1.17
So New portfolio beta is 1.17
Answer:
Yes.
Explanation:
The fair housing law act is a law prohibits discrimination in the process of renting , buying or selling a house. This discrimination may be based on race , skin , color , sex , nationality ,or any other characteristic towards a protected group,
Declining the buyer the opportunity to inspects home in a particular neighborhood because nobody form his country lives in that area is an act that violates fair housing laws as the process seems to be biased towards a group of people from a particular country.
