Assuming a company paid $2,000 cash to an employee for this month's salary. the entry to record this transaction would include a<u> </u><u>credit</u> to cash.
<h3>Journal entry</h3>
The appropriate journal entry to record the transaction assuming paid the amount of $2,000 cash to an employee for this month's salary is:
Journal entry
Debit Salary account $2,000
Credit Cash account $2,000
Therefore assuming a company paid $2,000 cash to an employee for this month's salary. the entry to record this transaction would include a<u> </u><u>credit</u> to cash.
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Answer:
The value of X is A. 6.53 percent.
The value of Y is B. 10.83 percent
Explanation:
Note: See the full question as attached as picture below
Spot 1 Year Spot 2 Year Forward 1 Year (1-year maturity)
Treasury 3.0% 4..75% x
BBB Corporate Debt 7.5% 9.15% y
The formula to calculate the forward rate is: F1.1 = [(1+S2)² / (1+S1)] - 1
For treasury
F1.1 = [(1+4.75%)² / (1+3.0%)] - 1
F1.1 = 1.09725625 / 1.03 - 1
F1.1 = 6.53%
For BBB Corporate Debt
F1.1 = [(1+9.15%)² / (1+7.5%)] - 1
F1.1 = 1.19137225 / 1.075 - 1
F1.1 = 10.83%
Answer:
Sustained competitive advantage
Explanation:
In order to remain competitive, a firm should from time to time monitor and measure changes in the external environment such as political ,economic, socio-cultural,legal and other external environmental factors . In response to these external trends, a robust internal capabilities should be developed either to reduce their threats or take advantage of the opportunities as the case may be.
It is very important for the firm to have a system in place that can be used to track changes in external business environment and also measure their possible impact on the firm.
Answer:
50.59%
Explanation:
the project will have two outcomes:
35% chance of yielding 2
65% chance of yielding 0.5
the expected value = 1.025
the variance = {[0.35 x (2 - 1.205)²] + [0.65 x (0.5 - 1.205)²]} / 2 = (0.3327 + 0.1792) / 2 = 0.25595
the standard deviation = √0.25595 = 0.5059 = 50.59%