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
nataly862011 [7]
3 years ago
10

The stocks in Wayne’s investment portfolio lost value in the recession, but he also had CDs and a savings account. The effect of

his investment diversification on his finances was to
Business
1 answer:
tatiyna3 years ago
6 0

Answer:

reduce risk

Explanation:

Since in the question it is mentioned that if the stock is made in Wayne’s investment portfolio that lost the value in the recession period but at the same time he has the CD and the saving account

So this diversification of investment effect is to decreased or reduced the risk. also, the diversification of investment made in different investment schemes is known as the portfolio and the same is to be done by him

Therefore it is a reduce in risk technique

You might be interested in
Broker Ed owns a building he wants to lease or sell. Which of the following represents legal advertising?
AlekseyPX

Answer:

d) For Sale by Owner-Broker. Call Ed Hahn at 321-7788

Explanation:

From the above, we can see that the last option chosen contains the most complete information as against the others that do not state all relevant information. Laws in most countries covering advertising demand full disclosure of all relevant information when advertising a sale for instance or it would be considered illegal advertising. From the example, the seller had stated appropriately in the last option that he is an owner broker, letting the prospective buyer know that the property being sold is also owned or partly by the one who is listing the property for sale, or member of the listing team. The name is also stated the name which was not disclosed in the previous options

3 0
3 years ago
An organization's hierarchy of authority refers to an organization's _____.
neonofarm [45]
<span>An organization's hierarchy of authority refers to an organization's chain of command.
At the top of this chain, you will find the boss of the organization, and under him are his or her employees, who have far less authority that the boss.
</span>
3 0
4 years ago
Given the following information, compute accounts receivable turnover. Gross sales $150,000 Accounts receivable, beginning of ye
STatiana [176]

Answer:

6.75

Explanation:

Given that,

Gross sales = $150,000

Accounts receivable, beginning of year = $18,000

Sales = $135,000

Accounts receivable, end of year = $22,000

Average accounts receivables:

= (Beginning AR + Ending AR) ÷ 2

= ($18,000 + $22,000) ÷ 2

= $40,000 ÷ 2

= $20,000

Accounts receivable turnover:

= Sales ÷ Average accounts receivables

= $135,000 ÷ $20,000

= 6.75

Note: Accounts receivable, end of year is missing from the question. It is amounted to $22,000.

5 0
3 years ago
In order to comply with DAVID Memorandum of Understanding requirements, a user must acknowledge understanding of:
a_sh-v [17]

Answer:

Acknowledge his/her understanding of criminal sanctions for unauthorized use 20

Explanation:

According to the Department of Highway Safety and Motor Vehicles Division of Motorist Services DRIVER AND VEHICLE INFORMATION DATABASE otherwise known as DAVID.

In order to comply with DAVID Memorandum of Understanding requirements, a user must acknowledge understanding of criminal sanctions for unauthorized use 20.

Also, a user must acknowledge his/her understanding of the confidentiality of information

8 0
3 years ago
Costello Corporation reported pretax book income of $500,400. During the current year, the reserve for bad debts increased by $5
Tema [17]

Answer:

$7,266 net deferred tax expense.

Explanation:

Calculation to determine what deferred income tax expense or benefit would be

Using this formula

Deferred income tax expense=[(Tax depreciation exceeded book depreciation-Increase in reserve for bad debts)* Tax rate ]

Let plug in the formula

Deferred income tax expense=[($40,400-$5,800)*21%]

Deferred income tax expense=34,600*21%

Deferred income tax expense=$7,266

Therefore the deferred income tax expense or benefit would be $7,266

6 0
3 years ago
Other questions:
  • Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. A
    9·1 answer
  • Bondholders are creditors of the issuing corporation. true
    6·1 answer
  • Write down any four importance of training​
    11·1 answer
  • 1
    13·1 answer
  • When Acme Dynamite produces 250 units of output, its variable cost is $2,000, and its fixed cost is $500. It sells each unit of
    12·1 answer
  • What type of industry would Tim Hortons and McDonalds be classified as?
    10·1 answer
  • A bank wishing to increase its customer base advertises that it has the fastest service and that virtually all of its customers
    13·1 answer
  • Careers where working with things is a major focus include welders, construction workers, and landscapers.
    6·1 answer
  • The economy is currently in long-run equilibrium. If the central bank increases the money supply, in the long run the price leve
    9·1 answer
  • Savings by _____ in small dollar amounts is the origin of much of the money that funds business loans in an economy
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!