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zimovet [89]
3 years ago
8

Suppose you had invested $1000 in a company's stock, and then you later sold it for $1100. what is the % return on your investme

nt (roi)?
Business
2 answers:
Tresset [83]3 years ago
5 0
% return would be (total profit / total invested) * 100 so
( 100 / 1000 ) * 100 = 10%
JodyWoah2 years ago
0 0

idk the answer

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E3-33B. (Learning Objectives 1, 3: Journalizing adjusting entries and analyzing their
myrzilka [38]

The act of logging any transaction, whether or not it is an economic one, is known as a journal entry. Transactions are listed in an accounting journal that shows a company's debit and credit balances.

<h3>Give a brief account on adjusting journal entries.</h3>

An adjusting journal entry is one that is made at the end of an accounting period in the general ledger of a business to record any unrealized income or expenses that occurred during the period. An adjusting journal entry is necessary to accurately account for a transaction that happens between two accounting periods.

To solve the question :

1. Adjusting journal entries are as follows :

Particulars                                                                  Debit.                Credit

a. Insurance expense A/c

($800 + $2,500 - $2,400)                                          $600

To prepaid insurance A/c                                                             $600

(entry for expired portion of

prepaid insurance)  

b. Interest receivable A/c                                           $1,200

To interest revenue A/c                                                             $1,200

(adjusting entry for

accrued interest revenue)  

c. Unearned service revenue A/c ($1,500 - $600)    $900

To service revenue A/c                                                                       $900

(entry for earned portion of

unearned service revenue)  

d. Depreciation expense A/c                                           $4,700

To accumulated depreciation A/c                                             $4,700

(To record depreciation expenses)  

e. Salaries Expense A/c

($24,000 / 5 days × 3 days)                                             $14,400

To Salaries payable A/c                                                           $14,400

(To record accrued salaries expenses)  

f. Income tax expense A/c

($21,000 × 25%)                                                          $5,250

To income tax payable A/c                                                            $5,250

(To record income tax expenses)

2. Calculating whether these omitted adjustments resulted in an overstatement or underestimate of net income

a. Adjusting Entry for Insurance Expense of $600 : Overstated

b. Adjusting Entry for accrued revenue of $1,200 : Understated

c. Adjusting entry for Service Revenue Earned of $900 : Understated

d. Adjusting Entry for Depreciation Expense of $4,700 : Overstated

e. Adjusting Entry for Salaries Expense for

three day of $14,400 : Overstated

f. Adjusting Entry for Income Tax Expense of $5,250 : Overstated

Impact on Net Income without Adjusting Entries of $22,850 : Overstated

To know more about, journal entries, visit :
brainly.com/question/15889958

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7 0
1 year ago
A+b+c=4<br> aa+bb+cc=10<br> aaa+bbb+ccc=22<br> aaaa+bbbb+cccc=???
WINSTONCH [101]

Answer:

46

Explanation:

The pattern appear to be the answer  multiplied by 2 and adding  2.

i.e., answer to the next raw id answer to the previous answer times 2 plus 2

second raw = (4 x 2) + 2= 10

Third raw = (10 x 2) + 2 = 22

Forth raw = (22 x 2) + 2= 46

3 0
2 years ago
A stock has an expected return of 14.3 percent, the risk-free rate is 3.9 percent, and the market risk premium is 7.8 percent. w
Flura [38]
Are the numbers your choices? or is there any other info you can send over
4 0
3 years ago
Read 2 more answers
Most founders' agreements include a ________ clause, which legally obligates the departing founder to sell to the remaining foun
Ivanshal [37]

The answer in the space provided is the buyback clause. The buyback clause is a sort of contract that has provision in which the seller has rights of having to purchase his or her own property with the use of rules or conditions.

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3 years ago
Watching his children graduate from high school is most likely a long-term goal for a person of which of these ages? A. 17 years
Arlecino [84]

Answer: D. 57 years old.

Explanation: 17 years old is not old enough to have a child. When a person is 57 years old, their child is likely to be around 17 or 18 years old, 40 years younger. Having a child at 40 years old is probably the oldest age out of the ages listed.

6 0
3 years ago
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