I would recommend for this customer a mix of investment grade bonds and cash or cash equivalents.
An individual with an investment objective of capital preservation should be investing in a mix of investment grade bonds and cash or cash equivalents lower risk capital appreciation vehicles, such as large-cap common stock, should also be considered. The other choices noted are too risky for a risk-averse investor.
Fixed earnings is a funding method focused on the maintenance of capital and earnings. It commonly includes investments like government and corporate bonds, CDs, and cash marketplace finances. fixed income can offer a consistent stream of earnings with less risk than stocks.
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Answer:
$17,000
Explanation:
Step 1: Determine the formula for the direct material used
= Beginning Direct Material Inventory + Purchases of Direct Materials - Ending Direct Material Inventory
The Work in progress values should only find expression Manufacturing Account Statement preparation of production cost.
Step 2: Fit the figures into the formula
Beginning Direct Material = $12,000
Purchases of Direct Materials = $15,000
Closing/ Ending Direct Material = $10,000
Cost of Direct Material Used = $12,000 + $15,000- $10,000= $17,000.
Note: Direct material are those raw materials in production or manufacturing that are directly used, related or traceable to the goods or products manufactured.
Answer:
12.50 times
Explanation:
Inventory Turnover = Cost of Sales / Inventory
= $25,000,000/ $2,000,000
= 12.50 times
Answer:
a. The role of Finance is to use the numbers developed through accounting to aid in decision making.
Explanation:
Finance department is solely responsible for making any conclusions from the financial statements.
Accounts basically helps in maintaining and preparing the financial statements and it represents the true and fair view.
But all the conclusions are drawn by the finance department.
That is the basic role of financing to help the management, draw conclusions and from such conclusions the decisions for further running the business.