The answer is c 28 years old
Answer:
Hedge funds are: high risk, even though they may be market-neutral.
Answer:
Journal Entry
Date Account and Explanation Debit Credit
Jan 5 Account receivable 4500
Sales revenue 4500
(To record sales)
Feb 2 Notes receivable 4500
Account receivable 4500
(To record notes receivable)
Feb 12 Notes receivable 11520
Sales revenue 11520
(To record sales)
Feb 26 Account receivable 11600
Sales revenue 11600
(To record sales)
Apr 5 Notes receivable 11600
Account receivable 11600
(To record notes receivable)
Apr 12 Cash 11712
Notes receivable 11520
Interest revenue 192
(To record amount received)
June 2 Cash 4620
Notes receivable 4500
Interest revenue 120
(To record amount collect)
June 15 Notes receivable 2100
Sales revenue 2100
(To record sales)
Answer:
D
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow in year 0 = $-109,332
Cash flow each year from year 1 to 4 = $36,000
IRR = 12%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
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