The answer to the question is g=-2
Answer:
The risk of Treasury bills is 0 so we need to buy a proportion of risky assets that its beta equals to 1 which is the market beta
1.76x=1
x=1/1.76
x=0.568
x=56.8%
We need to invest 56 percent of ours portfolio in risky stocks and 44 percent in treasury bills
(0.568*1.76)+*0.44*0)=
Explanation:
Based on the amount paid by Olive Company for the two year period, the adjusting entry on December 31 would be a debit to an expense and a credit to prepaid expense for $2,050.
<h3>What would be the adjusting entry?</h3>
Based on the accrual method, only costs for the year can be recorded as expenses.
If any costs are for other periods, those costs would be credited to prepaid expenses.
The expense for this year for management services would be:
= Number of months from July to December x Amount paid / number of months in contract
= 6 months x 8,200 / 24 months
= $2,050
In conclusion, expenses will be debited $2,050.
Find out more on prepaid expenses at brainly.com/question/9270086.
Hey there!
Your answer is:
D, none of these.
Hope this helps!
Have a great day! (:
Answer:
$12,000
Explanation:
the journal entry to record the payment of prepaid rent is:
September 1, 20x1, prepaid rent
Dr Prepaid rent 48,000
Cr Cash 48,000
The adjusting entry to record rent expense on December 31, 20x1 should be:
December 31, 20x1, rent expense
Dr Rent expense 32,000
Cr Prepaid rent 32,000
Rent expense = ($48,000 / 6) x 4 months = $32,000
the ending balance of the prepaid rent account is $12,000
