I believe that this problem has the
following choices:
> a debit of $2,500 to
Merchandise Inventory.
> a credit of $2,500 to Sales.
> a debit of $1,900 to
Merchandise Inventory.
> a credit of $1,900 to Cost of
Goods Sold.
The correct answer from the choices
is:
<span>> a credit of $2,500 to Sales
</span>
<span> </span>
Answer:
I dont get what this is asking
Explanation:
This is not a question
Answer:
A) Yes
Explanation:
15 x 4 = 60 person capacity
60 - 2 = 58
58 - 6 = 52
52 - 8 = 44
44 - 8 = 36
36 - 10 = 26 person capacity left
Yes, you can accommodate everyone's reservation requests.
<u>Full question:</u>
Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior management plans the annual budget of the company. Angela, however, is not required to take inputs from or involve the middle and supervisory managers of the company in this planning process. In the given scenario, Fifian Inc. most likely uses _____.
A. top-down budgeting
B. incremental budgeting
C. bottom-up budgeting
D. zero-based budgeting
<u>Answer:</u>
In the given scenario, Fifian Inc. most likely uses top-down budgeting
<u>Explanation:</u>
Top-down budgeting relates to a budgeting system where senior management equips a high-level estimate for the company. Through top-down budgeting, the company’s administration views prior practices and contemporary market circumstances.
Customarily, department directors and lower-level staff do not partake in the meetings but may put forward proposals for consideration. Such a kind of budget concentrates on the overall germination of the organization. Since managers are not a member of the budget-making method, they may not perceive much urge to assure their success.
Answer: 10.35%
Explanation:
The Capital Asset Pricing Model is used to calculate the expected return of a security with the expression
Expected return = Risk free rate + Beta ( Market return - risk free rate)
( Market return - risk free rate) is also known as the market premium and can be calculated by;
= 
= 
= 0.0153/0.24
= 6.375%
= 6.38%
Expected return A = Risk free rate + Beta A ( Market return - risk free rate)
0.1137 = Risk free rate + 1.16 (6.38%)
Risk free rate = 0.1137 - 1.16(6.38%)
Risk free rate = 3.97%
Market Expected return = Market Risk Premium + risk free rate
= 6.38% + 3.97%
= 10.35%
