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3 years ago

The ruhr valley is important to the economy of germany because it ____.

1 answer:

8 0

The Rurh valley is important to the economy of Germany because it PRODUCES MOST OF GERMANY'S IRON AND STEEL.
Rurh is the largest urban area in Germany. It is made up of large, industrial cities. The region produces most of the iron and steel that originate from Germany. <span />

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Khái niệm giao tiếp trong tổ chức

Delvig [45]

Answer:

bu kin jhu

Explanation:

John jvghh bugs HHH jhu UV juggle

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3 years ago

Forever Jewelers uses the perpetual inventory system. On Aprilâ€‹ 2, Forever sold merchandise with a cost of $ 1 comma 500$1,500

Tema [17]

Answer:

Accounts Receivable $8,820

To Sales Revenue $8,820

Explanation:

The journal entry to record the sales revenue is shown below:

Accounts receivable A/c Dr $8,820

To Sales revenue A/c $8,820

(Being merchandise sold on credit basis)

For recording this we debited the account receivable as it increased the assets and credited the sales revenue as it also increased the revenue

The computation of sales revenue is shown below:

= Sales revenue - discount

= $9,000 - $9,000 × 2%

= $9,000 - $180

= $8,820

This is the answer but the same is not provided in the given options

6 0

3 years ago

The information necessary for preparing the 2018 year-end adjusting entries for Winter Storage appears below. Winter's fiscal ye

natima [27]

Answer:

Adjusting entries are entries that indicate the events of the company that have occurred but not yet recorded by the company.

a. DATE DESCRIPTION DEBIT CREDIT

Dec 31 Depreciation Expenses $7,000

2018 Accumulated Expenses $7,000

(Record depreciation on equipment )

b. DATE DESCRIPTION DEBIT CREDIT

Dec 31 Salary expenses $3,400

2018 Salary payable $3,400

(Record salary incurred but not paid)

c. DATE DESCRIPTION DEBIT CREDIT

Dec 31 Interest receivables $660

2018 (12,000 * 6% * 11/12)

Interest revenue $660

(Record of interest earned)

d. DATE DESCRIPTION DEBIT CREDIT

Dec 31 Insurance Expenses $11,250

2018 (15,000 * 9/12)

Prepaid Insurance $11,250

(Record payment of insurance expenses)

e. DATE DESCRIPTION DEBIT CREDIT

Dec 31. Supplies Expenses $1,500

2018 Supplies $1,500

(Record of supplies)

f. DATE DESCRIPTION DEBIT CREDIT

Dec 31, Deferred revenue $1,400

2018 (4,200 * 2 month / 6 month)

Service revenue $1,400

(Record advance payment for services provided)

g. DATE DESCRIPTION DEBIT CREDIT

Dec 31, Advertisement Expenses $1,000

2018 Prepaid Advertisement $1,000

(Record payment for advertisement)

3 0

2 years ago

What is Jensen's alpha of a portfolio comprised of 45 percent portfolio A and 55 percent of portfolio B? Portfolio Average Retur

inn [45]

Answer:

The Jensen's alpha of a portfolio comprised of 45 percent portfolio A and 55 percent of portfolio B = 2.04 %

Explanation:

<em>Solution</em>

Given that:

Now,

The Jensen’s alpha of a Portfolio is computed by applying the formula below:

Jensen's alpha = Portfolio Return − [Risk Free Rate of Return + ( Portfolio Beta * (Market Rate of Return − Risk Free Rate of Return ) ) ]

For the information given in the question we have the following,

The Risk free rate of return = 3. 1%

In order to find the Jensen’s alpha we have to first get the following from the information given in the question :

1. Portfolio Return

2. Portfolio Beta

3.Market Rate of Return

Thus,

(A)Calculation of Portfolio Return :

The formula for calculation of Portfolio Return is given as:

E(RP) = ( RA * WA )+ ( RB * WB )

Where

E(RP) = Portfolio Return

RA = Average Return of Portfolio A ; WA = Weight of Investment in Portfolio A

RB = Average Return of Portfolio B ; WB = Weight of Investment in Portfolio B

For the information given in the question we have the following:

RA = 18.9 %, WA = 45 % = 0.45, RB = 13.2 %, WB = 55 % = 0.55

By applying the values in the formula we have

= ( 18.9 % * 0.45 ) + ( 13.2 % * 0.55 )

= 8.5050 % + 7.2600 % = 15.7650 %

(B). Calculation of Portfolio Beta:

Now,

The formula for calculating the Portfolio Beta is

ΒP = [ ( WA * βA ) + ( WB * βB ) ]

Where,

βP = Portfolio Beta

WA = Weight of Investment in Portfolio A = 45 % = 0.45 ; βA = Beta of Portfolio A = 1.92

WB = Weight of Investment in Portfolio B = 55 % = 0.55 ; βB = Beta of Portfolio B = 1.27

By Applying the above vales in the formula we have

= ( 0.45 * 1.92 ) + ( 0.55 * 1.27 )

= 0.8640 + 0.6985

= 1.5625

(C). Calculation of Market rate of return :

Now,

The Market Risk Premium = Market rate of return - Risk free rate

From the Information given in the Question we have

The Market Risk Premium = 6.8 %

Risk free rate = 3. 1 %

Market rate of return = To find

Then

By applying the above information in the Market Risk Premium formula we have

6.8 % = Market rate of Return - 3.1 %

Thus Market rate of return = 6.8 % + 3.1 % = 9.9 %

So,

From the following information, we gave

Risk free rate of return = 3.1% ; Portfolio Return = 15.7650 %

The Portfolio Beta = 1.5625 ; Market Rate of Return = 9.9 %

Now

Applying the above values in the Jensen’s Alpha formula we have

The Jensen's alpha = Portfolio Return − [Risk Free Rate of Return + ( Portfolio Beta * (Market Rate of Return − Risk Free Rate of Return )) ]

= 15.7650 % - [ 3.1 % + ( 1.5625 * ( 9.9 % - 3.1 % ) ) ]

= 15.7650 % - [ 3.1 % + ( 1.5625 * 6.8 % ) ]

= 15.7650 % - [ 3.1 % + 10.6250 % ]

= 15.7650 % - 13.7250 %

= 2.0400 %

= 2.04 % ( when rounded off to two decimal places )

Therefore, the Jensen's alpha of a portfolio comprised of 45 percent portfolio A and 55 percent of portfolio B = 2.04 %

7 0

3 years ago

A company had the following purchases during the current year: January: 19 units at $129 February: 29 units at $139 May: 24 unit

ycow [4]

Answer: A - $8,046

Explanation: Inventory valuation using the specific identification method is a method used in getting the actual stock cost at their specific purchase price at a specified time during the year.

Jan - 11 units @129 =1,419

Feb - 13 units @139 = 1,807

May - 6 units @149 = 894

Sept - 13 units @159= 2,067

Nov - 11 units @ 169= 1,859

Total = $8,046

4 0

3 years ago