1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Degger [83]
3 years ago
7

Morningstar serves three key constituents: individual investors, financial advisors, and institutional investors. institutional

investors include
Business
1 answer:
ivolga24 [154]3 years ago
8 0
Institutional investors include PENSION PLANS.
Institutional investors are those entity which pool money together to purchase securities, real properties and other investments. Examples of institutional investors include: banks,pensions, insurance companies, hedge funds, investment advisers, mutual funds, etc.<span />
You might be interested in
Out of the following- Savings bank, Commercial bank, and Credit Union which is a nonprofit financial institution?
sweet-ann [11.9K]

I think the answer is credit union

6 0
3 years ago
An example of a consumer would be a
goldenfox [79]

A bear would be an example of a consumer

4 0
3 years ago
What’s key function of a business involves finding targeting attracting and connected with the right customers
Vlada [557]
The answer would be marketing. A business' execution inside the market looks for its prosperity or disappointment. Marketing is all concerning looking, focusing on, pulling in, and interfacing with the best possible clients. in order to center around and achieve the best possible clients, elevating supervisors became acquainted with the potential markets, check item properties, see contenders' advancing ways, and promote viably.
4 0
3 years ago
Read 2 more answers
Using the data in EA-3, assume that Slick Rocks management purchased the Sandstone stock for the trading securities portfolio in
vitfil [10]

The journal entry for the purchase of the stock for the trading securities portfolio is that Securities account debited and bank account credited.

Given that Slick Rocks management purchased the Sandstone stock for the trading securities portfolio instead of the available-for-sale securities portfolio.

We are required to form the journal entry that are required by the facts presented in the case.

A journal is basically a detailed account which records all the financial transactions of a business to be used for the future reconciling of accounts.

The journal entry will be as under:

Securities account debited and bank account credited. If we know that which security is being purchased then we can name that securities also.

Hence the journal entry for the purchase of the stock for the trading securities portfolio is that Securities account debited and bank account credited.

Learn more about journal at brainly.com/question/14279491

#SPJ4

6 0
1 year ago
Lomani Ltd acquired two new machines for cash on 1 January 2017. The cost of machine A was $400 000, plus GST, and of machine B,
cricket20 [7]

Answer:

2017

Machine A (Dr.) $400,000

Machine B (Dr.) $600,000

Cash (Cr.) $1,000,000

2018

Depreciation Expense (Dr.) $93,000

Accumulated Depreciation (Cr.) $93,000

2019

Depreciation Expense (Dr.) $93,000

Accumulated Depreciation (Cr.) $186,000

2020

Depreciation Expense (Dr.) $93,000

Accumulated Depreciation (Cr.) $279,000

2021

Machine C  (Dr.) $420,000

Machine A (Cr.) $200,000

Cash (Cr.) $220,000

(To record trade in of machine A)

Repairs expense Machine B (Dr.) $66,000

Cash (Cr.) $66,000

(To record repairs of machine B)

2022

Depreciation Expense (Dr.) $79,450

Accumulated Depreciation (Cr.) $358,450

2023

Cash (Dr.) $300,000

Machine B (Cr.) $284,550

Gain on selling (Cr.) $15,450

Explanation:

Straight line depreciation recognize an assets carrying amount evenly over its useful life.

Straight line Depreciation = (Cost - Estimated Residual Value) / useful life

Depreciation expense for Machine A:

($400,000 - $20,000) / 10 years

= $38,000

Depreciation expense for Machine B:

($600,000 - $50,000) / 10 years

= $55,000

Depreciation expense for Machine C:

($420,000 - $20,000) / 8 years

= $50,000

Revised Depreciation of Machine B:

($314,000 -  $19,500) / 10 years

= $29,450

6 0
3 years ago
Other questions:
  • Your firm will issue 10-year bonds to raise $10 million. You will either (a) issue regular coupon bonds which have a 6% coupon r
    14·1 answer
  • What is the definition of convenience goods?
    11·2 answers
  • 60 tens is the same as
    10·1 answer
  • The records of Hollywood Company reflected the following balances in the stockholders' equity accounts at the end of the current
    7·1 answer
  • A price floor that is set above the normal equilibrium price will lead to: A. An decrease in consumer surplus, a decrease in pro
    6·1 answer
  • Eve's Apples opened for business on January 1, 2021, and paid for two insurance policies effective that date. The liability poli
    7·1 answer
  • West Calder Fabrication is trying to decide which of the following four cargo ships that should be used to ship their products,
    9·1 answer
  • The amount of risk that will remain in a portfolio depends on the degree to which the stocks are exposed to:______
    5·1 answer
  • Company ABC acquires company XYZ on 12/31/2016 in a share-for-share transaction worth $10 million. On 12/31/2016, XYZ financial
    5·1 answer
  • Part B: After purchasing his new equipment, Roger discovers several problems that slow down his work day. He failed to realize t
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!